The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for April this year eased further to 3.48 per cent and 3.53 per cent, respectively — compared to 7.03 per cent and 6.96 per cent in April 2024 — bringing respite to poor households, the government … Read more
Several banks have recently reduced their fixed deposit interest rates , with numerous banks introducing specialised 444-day FD schemes featuring competitive rates. These time-limited offerings seek to draw depositors looking for enhanced returns in a fluctuating interest rate climate. Below is a comprehensive analysis of schemes from four major banks, as quoted by Economic Times. … Read more
The Wall Street opened on Tuesday at a slight low as the recent rally momentum slowed. The S&P 500 declined 0.3% in early trading Tuesday, while the Dow Jones Industrial Average decreased by 22 points and the Nasdaq composite fell 0.4%. Treasury yields and the US dollar remained stable. Home Depot reported positive revenue exceeding … Read more
The combined Index of Eight Core Industries (ICI) increased by 0.5 per cent (provisional) in April 2025 as compared to the index in April 2024, the commerce ministry said in a statement Tuesday.According to reports, it is the lowest in 8 months.The production of cement, coal, steel, electricity and natural gas recorded positive growth in … Read more
NEW DELHI: Hindalco Industries , the metals flagship of the Aditya Birla Group , reported a 66 per cent year-on-year surge in consolidated net profit to Rs 5,284 crore for the quarter ended March 2025, up from Rs 3,174 crore a year ago. The robust performance was driven by strong Indian operations, aided by favourable … Read more
Gold price prediction today: Gold rate has been fluctuating amidst global turmoil and uncertainty regarding Donald Trump’s trade policies, the recent US credit rating downgrade . Till a few weeks ago gold prices were touching lifetime highs, but have since then retreated. So what’s the gold price outlook for this week, and what should investors … Read more
Mumbai: Belrise Industries Limited has received a strong response from anchor investors for its public issue. As part of the Anchor Investors portion, a total of 7,16,66,665 equity shares were subscribed at a price of ₹90 per share. This important step was completed on May 20, 2025, and the company officially informed the stock exchange through … Read more
Schloss Bangalore-operated of luxury hotels has announced a price band of Rs 413-435 for its upcoming initial public offering (IPO), which will be available to bid for the public from May 26 to May 28. The issue includes a fresh issue of shares aggregating to Rs 2,500 crore and an offer for sale (OFS) of … Read more
Tata Power, India’s largest integrated power company, has delivered a record-breaking year in rooftop solar. In FY25, Tata Power crossed a major milestone of 1.5 lakh rooftop solar installations, achieving a cumulative capacity of 3 GW across over 700 cities, and maintaining its #1 position. The company commands a leading 13.1% market share in rooftop … Read more
Indian headline equity indices Sensex and Nifty50 opened higher on Wednesday, rebounding from a 1% drop in the previous session, led by gains in banking, auto, and . However, concerns over foreign fund outflows may limit further upside. At around 9:22 am, the Sensex was up 224 points, or 0.28%, at 81,410, while the Nifty50 … Read more