Diversified financial services player Centrum Group on Friday said it has received in-principle approval from the Reserve Bank of India (RBI) to take over the troubled cooperative lender PMC Bank and re-launch it as a small finance bank. RBI Actio

PNB Housing Finance share hits lower circuit on Monday after the Securities Exchange board of India (SEBI) restrained PNB Housing Finance to go ahead with shareholders’ approval on the proposed Rs 4, 000 crore deal with Caryle Group and directed th

Since 18 May, the shares of DHFL, which is undergoing insolvency proceedings at the National Company Law Tribunal (NCLT), have been rising consistently. In June alone, the stock rose 27% after rallying 17% in May. However, the rally faded

Jargon is the biggest hurdle to every new investor, particularly when it comes to those who want to invest in stocks. For that reason, it's important that before someone starts focusing on losses and gains, or the BSE versus the NSE, it's important t

The Reserve Bank of India (RBI) governor Shaktikanta Das addressed a press conference today and this was the second bi-monthly Monetary Policy Committee (MPC) meeting for this fiscal year. Governor Shaktikanta Das announced the MPC's decision after i

The bulls have won the race and have taken charge of Indian markets, pushing the Nifty50 to record highs on May 28 even as the market cap of BSE-listed companies has gone past $3 trillion for the first time. The Nifty touched a record high of 15,4

What is MSCI Index India? The MSCI India Index is designed to measure the performance of the large and midcap segments of the Indian market. With 96 constituents, the index covers approximately 85% of the Indian equity universe. The MSCI India Ind

The Indian economy has performed relatively better than expected in 2HFY2021. The efforts taken by the GoI in the FY22 Budget marked the clear path for driving growth whilst compromising on fiscal prudence in order to drag the economy out of the Covi

We have witnessed lot of volatility in Indian stock markets in April 2021. Surge in Covid-19 cases, declaration of state lockdown, concern over vaccine availability and quarterly results were some of the major reasons that have affected market perfor

India’s fertiliser industry has announced sharp price increases in non-urea fertilisers in recent weeks, on the back of soaring input costs. However, the government’s directive to the industry to roll back the price increase creates some uncertai

As India is witnessing a strong wave of coronavirus pandemic, the demand for medical oxygen has been rising. The Centre, on April 18, banned the supply of oxygen for industrial purposes, except in nine specified industries and termed it an “essenti

The Indian automobile industry made a stellar comeback in H2FY21 despite the adverse impact of the Covid-19 induced economic downturn as sales surged due to better-than-expected economic recovery and shift in consumer preference towards personal mobi