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Economic Buzz: Developing Asia and Pacific growth forecast raised to 5.1% for 2025, says ADB

Mumbai, Dec. 10 -- The Asian Development Bank (ADB) has stated in a latest update that the 2025 growth forecast for economies in developing Asia and the Pacific (developing Asia) is raised by 0.3 perc... Read More


ADB hikes India's economic growth estimate to 7.2% for FY26 on robust consumption

Mumbai, Dec. 10 -- The Asian Development Bank (ADB) has hiked India's economic growth estimate for FY26 to 7.2% from its earlier projection of 6.5%. It noted that this is primarily due to a wave of do... Read More


Park Medi World IPO subscribed 52%

Mumbai, Dec. 10 -- The initial public offer of Park Medi World received bids for 2,19,00,048 shares as against 4,18,18,182 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (... Read More


Nephrocare Health Services IPO subscribed 12%

Mumbai, Dec. 10 -- Nephrocare Health Services received bids for 16,58,560 shares as against 1,33,87,854 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (10 December 2025). ... Read More


Benchmarks slip for third day as global jitters weigh on sentiment

Mumbai, Dec. 10 -- The domestic equity benchmarks slipped for a third straight session, ending with modest losses after a volatile day of trade. Indices swung between gains and declines as investors b... Read More


RBI T-Bills attract robust demand across all tenors

Mumbai, Dec. 10 -- The Reserve Bank of India's Treasury Bills auction on 10 December 2025 drew healthy investor participation across 91-day, 182-day and 364-day maturities, with bids far surpassing th... Read More


Financial markets form backbone of Indias growth journey, says SEBI Chair

Mumbai, Dec. 10 -- Tuhin Kanta Pandey, Chairman, SEBI, has stated that financial markets form the backbone of India's growth journey-mobilising savings, allocating capital, managing risks, and shaping... Read More


Natural Gas slippery after hefty correction yesterday, demand worries weigh

Mumbai, Dec. 10 -- The US Natural Gas futures are witnessing a correction after recent gains. The futures tanked around 7% yesterday, coming off a three-year high and currently trades at $4.55 per mmb... Read More


China benchmark index slips 0.23% after inflation data

Mumbai, Dec. 10 -- Asian stocks declined on Wednesday as investors parsed mixed inflation data from China and awaited the Federal Reserve's interest rate decision later in the day. The Fed's final me... Read More


Quick Wrap: Nifty IT Index registers a drop of 0.89%

Mumbai, Dec. 10 -- Nifty IT index closed down 0.89% at 37789.9 today. The index has added 6.00% over last one month. Among the constituents, Persistent Systems Ltd fell 4.26%, Coforge Ltd shed 2.84% a... Read More