India’s market regulator Sebi will scrutinize HDFC Bank’s board meeting records. This follows the sudden departure of former chairman Atanu Chakraborty. He cited ethical issues in his resignation. Sebi chairman Tuhin Kanta Pandey stated the regulator will investigate all aspects. Independent directors must act responsibly and provide evidence for their claims.Read More

Bitcoin and other digital currencies saw a surge. This happened after US President Donald Trump announced a delay in strikes on Iran. Global markets, including stocks and bonds, also rebounded. Analysts suggest de-escalation in the Middle East could stabilize markets. This development brought relief to investors and eased concerns about regional conflict.Read More

Indian frontline indices closed sharply lower on Monday, with the Nifty and Sensex experiencing significant drops due to a sell-off in banking, auto, and consumer stocks. Escalating geopolitical tensions, rising crude oil prices, and a weakening rupee further impacted market sentiment.Read More

Indian markets experienced a sharp sell-off on Monday, with the Nifty and Sensex plunging due to escalating Iran-Israel tensions, rising crude oil prices, and a record low for the rupee. Sentiment improved post-market after US President Trump postponed strikes on Iran, leading to a fall in oil prices and a positive Wall Street opening.Read More

Generator set maker Powerica plans a ₹1,100 crore IPO to repay debt and expand its wind power business. Despite revenue growth, declining margins and return on equity, coupled with heavy reliance on a single engine supplier, raise investor concerns. The company’s valuation appears competitive against peers.Read More

Coal India’s board has approved the divestment of up to 25% equity in SECL and MCL through an offer for sale. The company will also pursue an IPO for SECL, aiming to raise resources for diversification into clean energy and coal gasification projects.Read More

BlackRock CEO Larry Fink urged clients to remain invested amidst market volatility, emphasizing AI’s transformative impact on investments and the economy. He highlighted that long-term investing, not market timing, builds enduring wealth and strengthens national growth, despite current anxieties about capitalism’s reach and economic slowdown.Read More

Indian stock markets experienced a significant downturn on Monday, with major indices falling sharply and erasing substantial market value. This decline was attributed to escalating West Asian hostilities and global uncertainties. However, a potential relief rally is anticipated for Tuesday following conciliatory remarks from the US President regarding Iran.Read More

India’s bad bank framework is set for a significant structural change, with plans to merge the National Asset Reconstruction Co (NARCL) and India Debt Resolution Co (IDRCL). This move aims to streamline operations by combining asset acquisition and resolution functions. The merger, expected within nine months, seeks to enhance efficiency in cleaning up large stressed...Read More

The Indian Rupee hit a new low of 93.97 against the US Dollar on Monday. Rising crude oil prices and global tensions are weakening the currency. The Reserve Bank of India intervened to prevent a sharper fall. Analysts expect further volatility. Asian currencies also saw declines amid a global risk-off sentiment.Read More