Mumbai, February 9: The Reserve Bank of India (RBI) has announced that micro and small enterprises (MSEs) can now access collateral-free loans of up to ₹20 lakhs. This information was disclosed in a circular released by the RBI on Monday. The circular states that the RBI has issued revised guidelines for lending to the micro, … Read more
Mumbai, February 9: The Indian stock market closed in the green on Monday. By the end of the trading session, the Sensex rose by 485.35 points, or 0.58%, to reach 84,065.75, while the Nifty increased by 173.60 points, or 0.68%, closing at 25,867.30. Most indices, including Consumer Durables, PSU Banks, Realty, India Defense, Metals, Pharma, … Read more
Mumbai, February 9: The Income Tax Department has released a new draft of income tax regulations, proposing changes to the numbering of tax-related forms. This initiative aims to streamline the process for taxpayers, tax experts, and institutions when filling out tax information. The changes are being implemented in anticipation of the new Income Tax Act … Read more
Mumbai, February 9: A new report reveals that domestic institutional investors (DIIs) have, for the first time, surpassed foreign institutional investors (FIIs) in their stake in the Nifty50 index. According to data from Motilal Oswal Securities, as of the December 2025 quarter, DIIs held approximately 24.8% of the Nifty50, while FIIs held about 24.3%. Analysts … Read more
Mumbai, February 9: Gold and silver prices experienced a significant surge on Monday due to the weakening of the US dollar and ongoing geopolitical tensions worldwide. On the Multi Commodity Exchange (MCX), gold for February delivery rose by 1.31%, reaching ₹1,57,484 per 10 grams. Meanwhile, silver for March delivery jumped by 4.81%, climbing to ₹2,61,900 … Read more
Mumbai, February 9: The Indian stock market opened on a positive note on the first trading day of the week, Monday. The benchmark Sensex surged by 597.11 points, opening at 84,177.51, compared to its previous close of 83,580.40. Meanwhile, the Nifty opened at 25,888.70, gaining 195 points from its last close of 25,693.70. As of … Read more
Mumbai, February 8: The upcoming week is set to be crucial for the stock market, with several significant factors emerging from both domestic and global fronts. Key highlights include inflation data linked to the new base year (2024) and updates regarding the India-U.S. trade deal. Investors in India will closely monitor the retail inflation figures … Read more
New Delhi, February 7: The National Stock Exchange (NSE), preparing for its Initial Public Offering (IPO), released its financial results for the third quarter of fiscal year 2026 on Friday. The company reported a profit of ₹2,408 crores for the October-December quarter, marking a 37% decline compared to ₹3,834 crores in the same period of … Read more
Mumbai, February 6: India’s foreign exchange reserves surged by $14.361 billion, reaching an all-time high of $723.774 billion for the week ending January 30. This information was released on Friday by the Reserve Bank of India (RBI). In the previous week, the reserves had increased by $8.053 billion. The rise in foreign exchange reserves is … Read more
Mumbai, February 6: The Indian stock market closed on a positive note during Friday’s trading session, following the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting. By the end of the day, the Sensex rose by 266.47 points, or 0.32%, to reach 83,580.40, while the Nifty increased by 50.90 points, or 0.20%, closing at … Read more