ECB sticks to planned 50 bps rate hike despite banking turmoil
The European Central Bank (ECB) did what it said it would do on Thursday and raised interest rates by 50…
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Malaysia’s Petronas offers ₹3,800 crore for stake in NTPC’s green arm, says report
Three sources told Reuters that Malaysia’s Petronas has made an offer of 38 billion rupees ($460 million) to buy a…
Markets halt 5-day losing streak after Credit Suisse lifeline lifts mood; Metals underperform, Tata Steel top loser
After falling for 5 days in a row, Indian markets made up some of their losses on Thursday, despite mixed…
US: Weekly Initial Jobless Claims decline to 192K vs. 205K expected
According to the US Department of Labor’s (DOL) publication of weekly data on Thursday, there were 192,000 new claims for…
Patanjali to start FPO for Patanjali Foods from April as BSE, NSE freeze shares, says Ramdev
Patanjali Foods said on March 16 that it will start the process of launching a Follow-On Public Offering (FPO) in…
More sustained USD losses may develop Fed expectations to go soft on rates next week – Scotiabank
US dollars are fluctuating. According to economists at Scotiabank, if markets anticipate the Fed to loosen policy next week, the…
Kotak Mahindra Bank hikes lending rates. Loan EMIs to increase further
The loan rates at Kotak Mahindra Bank have gone up across the board by 5 basis points. Starting today, March…
Reliance Industries shares: Why JPMorgan has ‘overweight’ stance even as stock at 52-week low
Reliance Industries Ltd. (RIL) is still viewed as a relative outperformer in CY23 by global brokerage JPMorgan, despite the possibility…
Global uncertainty rising, need to maintain ‘margins of safety’: CEA
NEW DELHI: On Thursday, Chief Economic Advisor V Anantha Nageswaran stated that the recent events in the United States have…
Market turmoil puts pressure on rupee, slides to 82.61/$
The rupee is anticipated to experience more pressure due to the risk-off attitude on global markets brought on by the…