The number of Americans filing new applications for jobless benefits fell last week, which could help to assuage fears of a labor market deterioration after an unexpected decline in employment in February.Read More
Raymond Realty on Thursday said it has launched a 9-acre housing project in the Mumbai Metropolitan Region (MMR) with an expected revenue of Rs 2,000 crore.Read More
Despite private banks lagging the Nifty 50 and BSE Sensex recently, market veteran Gurmeet Chadha sees strong value in banking stocks, citing attractive valuations and a shift from LDR to LCR that could boost credit growth by 3–7%.Read More
Bank of Baroda on Thursday said it has raised USD 500 million five-year syndicated term loan facility through its IFSC Banking Unit in GIFT City, attracting participation from investors across key Asian markets.Read More
Tata Power, Adani Total Gas, TTK Prestige and other top movers saw sharp gains and losses on Thursday as geopolitical tensions and seasonal demand influenced Indian markets.Read More
NSE has advanced its long-awaited IPO by finalising key intermediaries, including 20 merchant bankers, eight law firms, and advisory partners. These include major domestic and global investment banks such as Kotak Mahindra Capital Company, JM Financial, Axis Capital, ICICI Securities and SBI Capital Markets. The selected intermediaries will handle regulatory filings, due diligence, marketing, and...Read More
India’s National Bank for Agriculture and Rural Development (NABARD) withdrew its planned seven-year bond issue after bids came in higher than expected, three bankers said on Thursday.Read More
Euro area benchmark Bund yields hit their highest level in almost 2-1/2 years on Thursday, as Middle East conflict fuelled inflation fears and expectations for interest rate hikes.Read More
The Indian rupee plunged to a record low as Middle East tensions fueled a surge in crude oil prices. This significant rise in energy costs is expected to prompt central bank intervention to stabilize the currency. Analysts warn of amplified rupee volatility and potential growth slowdown and inflation if oil prices remain elevated, overshadowing domestic...Read More
The Indian Rupee saw a recovery from its record low, closing at 92.17 against the US Dollar on Thursday. Global crude oil prices surged amid West Asia conflict. A stronger dollar and domestic equity market volatility also impacted the rupee. Foreign fund outflows added to the pressure. The rupee touched an intra-day low of 92.36...Read More
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