Consumers barely up spending in May compared to April as still-high inflation and high interest rates curbed spending.According to the Commerce Department, retail sales rose […]
Category: News
SBI upturn MCLR by 10 bps for all tenors
State Bank of India (SBI) has increased the marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) for all tenors. The MCLR […]
Retail inflation falls to 12-month low, falling to 4.75% in May
Retail inflation fell to a one-year low of 4.75% in May as prices of some kitchen items declined marginally, according to government data released on […]
Tata Motors share prices expansion as brokerage firms maintain bullish stance; Stocks rise 7% in a week
Tata Motors share price rose more than 2% on Wednesday, adding 7% in a week, as brokerages maintained a bullish stance on the stock amid […]
New business premium of life insurers grew up 15% to ₹27,034 Crore in May
New business premium collections of life insurance companies grow by 15.15% in the month of May 2024 compared to the same month last year, boost […]
Consumers expect spending to increase in next one year: RBI survey
According to the latest survey by the Reserve Bank of India (RBI), Indian consumers are expected to increase spending over the next one year, with […]
Bajaj Housing Finance files DRHP with SEBI to expansion ₹7,000 Crore via IPO;
Bajaj Housing Finance IPO: Bajaj Housing Finance has filed preliminary draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise […]
RBI Monetary Policy 2024: RBI keeps repo rate unchanged at 6.5% for eighth consecutive time, expansion FY25 GDP estimate to 7.2%
RBI MPC Meeting June 2024: With the RBI keeping the repo rate constant, all external benchmark lending rates linked to the repo rate will not […]
Market bullish: Sensex gain 3.2%, Nifty closed above 22,600
A day after witnessing the worst trading session in four years, benchmark indices Sensex and Nifty recovered almost half of their losses on Wednesday after […]
Sensex up 2.46% in morning trade, Nifty expansion 560 points
A day after the announcement of Lok Sabha elections, domestic stock market indices Sensex and Nifty, which opened nearly 1 percent higher on Wednesday (May […]