India’s economic growth could come close to 7% in the financial year ending March, exceeding the Reserve Bank of India’s current 6.7% projection, RBI Deputy Governor Poonam Gupta said on Thursday. Speaking at an event at the Madras School of Economics in Chennai, Gupta attributed the more optimistic outlook to expectations of a strong April-June … Read more
The proposed introduction of a Merchant Discount Rate (MDR) on UPI transactions of Rs 2,000 and above could be implemented within the next two weeks, according to a Financial Express report. The Central government is expected to initiate the process by issuing a gazette notification through the Department of Financial Services. The notification is likely … Read more
ICICI Bank has received board approval to raise up to $5 billion from overseas markets through various debt instruments, including bonds, notes and offshore certificates of deposit. The private-sector lender disclosed the decision in an exchange filing on Friday, August 21, following a board meeting that approved the revised borrowing limit. The approval gives the … Read more
Young investors are increasingly participating in India’s futures and options (F&O) market, but a large majority continue to lose money, according to a Sebi study. Traders below 30 accounted for 43% of individual traders in FY26, up from 31% in FY22. According to a report by Mint citing Sebi data, around 89% of traders under … Read more
Former all-rounder Russel Arnold says Sri Lanka may struggle to add another spinner for the 2nd Test against India, as it could upset the team’s balance. He noted India has an advantage with Ravindra Jadeja’s all-round abilities. Former Sri Lanka all-rounder Russel Arnold believes the hosts may struggle to add another frontline spinner to their … Read more
England’s Joe Root was agonizingly dismissed just one run short of achieving a rare 50.00 international batting average, leaving him stranded at 49.99. This statistical heartbreak mirrors the legendary Don Bradman’s famous final innings, where he fell short of a perfect 100 Test average. England Test captain and talismanic batter Joe Root has been playing … Read more
Amid a rise in H1N1 cases in Delhi, Union Health Minister J.P. Nadda will hold a high-level review meeting with Delhi’s Health Minister to assess the situation, healthcare preparedness, and measures to contain the spread of swine flu. Union Health Minister J.P. Nadda will hold a meeting with the Health Minister of the National Capital … Read more
Reactions pour in after the death of 1984 anti-Sikh riots convict Sajjan Kumar. A victim’s family member expressed anguish, while the DSGMC recalled the legal battle that led to his conviction. Kumar, 84, was serving a life sentence in Tihar Jail. Reactions to Sajjan Kumar’s Death Reactions poured in on Friday following the death of … Read more
Shares of Welspun Corp Ltd (WCL), which has a diversified portfolio spanning line pipes, ductile iron (DI) pipes, stainless steel bars, pipes & tubes, and TMT rebars, are in action after the company said it has secured the largest single order in its history. According to the information shared with exchanges after market hours on … Read more
Welspun Corp share price skyrocketed nearly 17 per cent during the intraday trade on Friday after the company bagged its largest-ever order worth Rs 17,200 crore for supply of pipes from its US manufacturing facility. Last seen, the stock was trading at Rs 2,342.80, up 16.84 per cent or Rs 337.60. The stock started the … Read more