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Sensex falls 1,124 points to a six-month low, and all 30 constituents were red

Punjab, Sept. 28 -- The Sensex fell 1,124.02 points to 72,771.72 and the Nifty 360.25 to 22,780.25 - both near six-month lows. All 30 Sensex constituents closed red. Roughly Rs 7.5 lakh crore of marke... Read More


UPI payments above Rs 2,000 get a 0.4 percent fee from 15 October, and the court wants it justified on paper

Punjab, Sept. 28 -- The Supreme Court declined to stay the government's decision to charge a merchant discount rate on UPI payments above Rs 2,000, and asked the Centre to file an affidavit explaining... Read More


AceVector closes at the end of a brutal week, and Rs 100 crore went into farm machinery

Punjab, Sept. 28 -- AceVector's Rs 420 crore IPO closes today after a slow start - 23% subscribed at the end of day one. It raised Rs 189 crore from anchor investors and is tentatively listing on 1 Oc... Read More


India wants a trillion dollars of exports this year, after growing 4.6 percent last year

Punjab, Sept. 28 -- India is targeting $1 trillion in combined goods and services exports in 2026-27 - about $530 billion in merchandise and $470 billion in services. Last year's total was a record $8... Read More


ONE Bank opens Khalifar Hat sub-branch in Noakhali

Bangladesh, Sept. 26 -- ONE Bank PLC has inaugurated its Khalifar Hat Sub-Branch at Khalifar Hat Shopping Complex on Bank Road, Khalifar Hat Bazar, Noakhali, under its Maijdee Court Branch. The outle... Read More


Trust Bank's Kafrul branch converts into Islamic banking

Bangladesh, Sept. 26 -- Trust Bank PLC has converted its Kafrul Branch into a full-fledged Islamic banking branch, renamed Kafrul Islamic Banking Branch, as part of its efforts to expand access to Sha... Read More


AceVector is 0.24 times subscribed on day one, and retail is the number to watch

Punjab, Sept. 25 -- AceVector, Snapdeal's parent, was subscribed 0.24 times on the first day of its Rs 420 crore IPO. The qualified institutional book was at zero. The day one numbers Bids came in f... Read More


NSE touched Rs 1,878 on debut and was back at Rs 1,790 by Friday

Punjab, Sept. 25 -- The NSE closed its debut session at about Rs 1,817, having listed at Rs 1,800 and touched Rs 1,878. On Friday it opened near Rs 1,825 and fell to Rs 1,790.10 - within six rupees of... Read More


Nifty hit a five-month low on Thursday, and Friday recovered almost nothing

Punjab, Sept. 25 -- The Nifty hit a five-month low on Thursday, falling 317.75 points to 23,129.05 as the Sensex dropped 981.09 to 73,847.16. Friday barely recovered any of it, with the Sensex up 300.... Read More


Banks open this Sunday, because the alternative was five straight closed days

Punjab, Sept. 24 -- All public sector and regional rural bank branches will be open on Sunday, 27 September. The reason is the three-day strike that starts the next morning - and the five consecutive ... Read More