India’s money market liquidity has surged past eleven lakh crore rupees. This excess cash resulted from banks mobilizing foreign-currency deposits under a special window. The Reserve Bank of India is actively absorbing this surplus liquidity through various operations. Banks are…
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Brent crude oil prices surged to a four-month high of USD 108.77 per barrel on Friday as tensions in West Asia escalated further, raising concerns over the impact of higher energy prices on India’s economic growth, inflation and external sector.
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A nationwide bank strike disrupted services at public sector banks on Friday as unions pressed for a five-day workweek and resolution of wage and pension issues. Branch-based services, including cash transactions and cheque clearances, were hit, while UPI and internet…
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Indian stock markets tumbled significantly on Friday, with benchmark indices Sensex and Nifty recording considerable dips. The sharp surge in crude oil prices coupled with increasing bond yields rattled investors, leading to a staggering loss of over Rs 5 lakh…
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NSE has reduced its IPO offer for sale to 12.64 crore shares from 14.89 crore shares, with eight shareholders cutting their proposed stake sale. The Rs 22,561 crore IPO will open on September 17, with shares priced at Rs 1,700-1,785.
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Corporate India is entering an investment cycle at a time when capital is becoming more expensive. The National Statistics Office estimates private corporate capital expenditure at Rs 11.44 lakh crore for 2025-26, while companies have indicated Rs 9.55 lakh crore…
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