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RBI, FinMin to work together; Tax relief, interest rate cut to boost demand: FM Sitharaman ahead of new I-T bill

New Delhi, Feb. 8 -- Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, asserted Finance Minister Nirmala... Read More


Amazon shares tank 4% on weakness in cloud computing unit after Q1 forecasts miss Wall Street estimates

New Delhi, Feb. 7 -- Amazon, one of Wall Street's most influential companies, topped analysts' expectations for earnings at the end of 2024, but its stock nevertheless fell 4%. Investors focused inste... Read More


RBI Monetary Policy: Is the rate cut a growth pill to boost demand? Here's what it means for the Indian economy

New Delhi, Feb. 7 -- The Monetary Policy Committee (MPC) of the Reserve Bank of India, led by Governor Sanjay Malhotra, has proposed a new repo rate of 6.25%. The new rate is likely to spur demand for... Read More


US Fed to soften tough stance on digital assets after Donald Trump fully embraces crypto: Wall Street analysts

New Delhi, Feb. 7 -- The US Federal Reserve and the Office of the Comptroller of the Currency - the nation's top banking regulators - will soon loosen their tough stance when it comes to digital asset... Read More


ITC share price: Should you buy, sell, or hold the FMCG giant's stock after Q3 results? Explained

New Delhi, Feb. 6 -- Diversified entity ITC Ltd on Thursday reported a 7.27 per cent decline in consolidated net profit to Rs.5,013.16 crore for the December quarter on account of subdued demand and s... Read More


Upcoming IPO: Mumbai-based Shringar House of Mangalsutra files DRHP with SEBI to raise funds via IPO; Details here

New Delhi, Feb. 6 -- Jewellery brand Shringar House of Mangalsutra Ltd has filed draft papers with capital markets regulator Sebi to raise funds through an Initial Public Offering (IPO). The Mumbai-b... Read More


ITC dividend: FMCG giant declares second dividend of Rs.6.50 for FY25; Record date fixed on THIS day

ITC dividend, Feb. 6 -- ITC announced its October-December quarter results for fiscal 2024-25 (Q3FY25) on Thursday, February 6, declaring its second interim dividend for the fiscal. The tobacco-to-hot... Read More


Buy or sell: Vaishali Parekh recommends three stocks to buy today-February 6, 2025

New Delhi, Feb. 6 -- Domestic equity benchmarks Sensex and Nifty 50 settled lower on Wednesday, dragged by consumer stocks, though gains in energy stocks capped the decline. Weak support from heavywei... Read More


Buy or sell: Vaishali Parekh recommends three stocks to buy today - 6 February 2025

Buy or sell stocks, Feb. 6 -- Domestic equity benchmarks Sensex and Nifty 50 settled lower on Wednesday, dragged by consumer stocks, though gains in energy stocks capped the decline. Weak support from... Read More


Zomato board approves company's name change from 'Zomato' to 'Eternal'; CEO Deepinder Goyal unveils new logo

New Delhi, Feb. 6 -- Zomato announced on Thursday, February 6, 2025, that it would rename the company "Eternal Ltd" more than two years after it began using the new name internally. The leading food a... Read More