[ad_1] Nifty might be in for a roller coaster ride in 2026 as several projections have forecasted an upside of over 10% for the index. Nomura pegged the NSE benchmark Nifty at 29,300 for the next year, a level that signals almost 13% upside from Tuesday’s closing mark of 26,032.20, when the index slipped 144…
[ad_1] The rupee’s fall past 90 is more than a number-it’s a marker of a new phase in India’s economic story. (AI image) Driving the newsOn Wednesday, the Indian rupee broke a historic barrier, falling below Rs 90 to the US dollar for the first time. Though the drop from Tuesday’s 89.94 may seem minor,…
[ad_1] Online shopping platform Meesho is set to open for subscription on Wednesday, attracting investors with a solid grey market premium. The excitement has been fuelled by positive commentary from analysts.The company is targeting proceeds of Rs 5,421 crore from the IPO, which will remain open until 5 December. The price band has been set…
[ad_1] Rupee has extended its downward momentum on Wednesday, falling 9 paise to hit its lowest level of 90.05 against US dollar in early trade. This comes after the currency had already recorded a dip of 42 paise to close at 89.95 against the US dollar, on Tuesday.According to VK Vijayakumar, chief investment strategist at…
[ad_1] The RBI’s three-day monetary policy committee meeting opens in Mumbai on Wednesday, marking the start of the central bank’s latest policy review. Over the course of the discussions, members of the six-member panel is set to hold discussions on how the central bank should navigate policy, in accordance with the newest growth and inflation…
[ad_1] MUMBAI: The rupee fell to a record low on Tuesday, extending losses driven by the absence of a trade deal with the US that has weakened trade and portfolio inflows and pushed the currency into its fifth straight day of decline.The rupee touched 89.95 during the session before closing at 89.87, down 0.4%. Data…
[ad_1] As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) prepares to unveil its policy decision this week, economists and industry experts are divided over whether the central bank will cut rates or maintain its current stance.The meeting, which begins on Wednesday, has raised curiosity about the central bank’s decision. Here is what…
[ad_1] A steadier mood returned to US equities on Tuesday as easing Treasury yields and a rebound in bitcoin helped major indices regain traction after ending a six-day winning streak, according to AP. Investors leaned back into technology counters while weighing signals on global interest rates and the broader health of the economy.The S&P 500…
[ad_1] Russia has maintained its position as India’s primary supplier in November, providing over one-third of all crude oil imports. (AI image) Donald Trump’s sanctions on Rosneft and Lukoil – two of Russia’s major crude firms – may result in India’s imports of oil from Moscow dropping – but will this shift be permanent? Analysts…
[ad_1] The Pension Fund Regulatory and Development Authority (PFRDA) will create a dedicated NPS fund-of-funds platform to route pension money into selected alternative investment funds (AIFs), chairman S Ramann said on Tuesday, outlining a broader push to position pension assets as a stable source of long-term capital for India’s private markets. Speaking at IVCA DII…