The Reserve Bank of India (RBI) on Monday injected Rs 50,000 crore into the banking system through Open Market Operation (OMO) purchases of government securities, according to a release.Read More
Rajputana Stainless IPO saw a slow start to subscription on Day 1. The Rs 255 crore issue, priced Rs 116–122 per share, is a mix of fresh issue and an offer for sale (OFS). Founded in 1991, Rajputana Stainless manufactures a range of long and flat stainless steel products, including billets, forging ingots, bright bars, and flat bars.Read More
Markets are volatile due to West Asia tensions and rising oil prices. Hiren Ved of Alchemy Capital suggests a contrarian approach. Instead of seeking safety, he recommends buying fundamentally strong stocks that have been heavily impacted by the current selloff. He believes this is the opportune moment for investors to deploy capital, anticipating a recovery once geopolitical risks subside.Read More
The Indian rupee fell to a record low on Monday, as fears of a prolonged war in the Middle East rattled regional currencies, and surging oil prices heightened concerns over global growth and inflation.Read More
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