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States raise Rs 14,185 crore through SGS auction; Assam and Manipur accept partial bids

Mumbai, May 12 -- State governments collectively raised Rs 14,185.55 crore through the auction of State Government Securities (SGS) on Tuesday against the notified amount of Rs 14,500 crore. Assam and... Read More


Quick Wrap: Nifty Realty Index registers a drop of 4.11%, NIFTY Crashes 1.83%

Mumbai, May 12 -- Nifty Realty index closed down 4.11% at 765.7 today. The index has added 1.00% over last one month. Among the constituents, Anant Raj Ltd fell 6.70%, Lodha Developers Ltd slipped 5.5... Read More


Japanese stocks rise as AI optimism boosts technology shares

Mumbai, May 12 -- Japanese markets closed higher on Tuesday, with the Nikkei 225 rising 0.52% to 62,743 and the broader TOPIX gaining 0.83% to 3,873. The Nikkei remained near record highs as technolo... Read More


Chinese markets ease as investors await Trump-Xi meeting

Mumbai, May 12 -- Chinese stock markets closed lower on Tuesday as investors booked profits ahead of the closely watched meeting between US President Donald Trump and Chinese President Xi Jinping. Th... Read More


Fedbank Financial drops after True North Fund offloads stake

Mumbai, May 12 -- The company said that significant shareholder True North Fund VI LLP has sold its entire stake of 2,56,95,139 equity shares, representing approximately 6.86% of the paid-up equity sh... Read More


Public sector banks report strong growth and record profits in FY26

Mumbai, May 12 -- Public Sector Banks (PSBs) in India delivered strong financial performance in FY2025-26, driven by healthy business growth, improved asset quality, higher profitability and strong ca... Read More


Economic Buzz: German ZEWC economic sentiment up in May

Mumbai, May 12 -- The German economic sentiment recovered somewhat in May, according to a report by the Centre for European Economic Research (ZEW) published on Tuesday. The related indicator stood at... Read More


Dynamic Cables Q4 PAT rises 3% YoY to Rs 24 crore

Mumbai, May 12 -- Revenue from operations increased 7.33% YoY to Rs 355.46 crore in the quarter ended 31 March 2026. Total expenses during the quarter rose 7.35% YoY to Rs 324.11 crore. Cost of mater... Read More


State Bank of India approves bond issuance up to USD 2 billion in FY27

Mumbai, May 12 -- The executive committee of the central board of State Bank of India at its meeting held on 12 May 2026 has approved to examine the status and decide on long term fund raising in sing... Read More


Board of Ethos appoints Munish Gupta as director

Mumbai, May 12 -- The board of Ethos at its meeting held on 12 May 2026 has approved the appointment of Munish Gupta (DIN - 09350096) as the Additional Director (in the category of Executive Director)... Read More