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RBI to Conduct 5-Day VRR Auction of Rs 1 Lakh Crore on January 2

India, Jan. 2 -- The Reserve Bank of India (RBI) on a review of prevailing and evolving liquidity conditions has decided to conduct a five-day Variable Rate Repo (VRR) auction under the Liquidity Adju... Read More


ITC market cap erodes by rRs.r63,000 crore as 'tax shock' stokes concerns on profitability

India, Jan. 2 -- India's largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ Rs.63,000 crore) in market capitalisation after the government's cigarette "tax shock" stoked concerns on profi... Read More


Harish Rao demands White Paper on Musi beautification project expenditure

Hyderabad, Jan. 2 -- Former minister and BRS senior leader T Harish Rao demanded that the state government release a white paper on the total expenditure and estimates for the Musi river beautificatio... Read More


For its inefficiency, PDD to punish low-paid employees, consumers

Srinagar, Jan. 2 -- In a bid to hide its failures, the Power Development Department (PDD) has directed the JPDCL and KPDCL to initiate strict actions, including deducting up to 50 percent of salary ag... Read More


China's BYD poised to dethrone Tesla as biggest EV seller

United Kingdom, Jan. 2 -- China's BYD is on track to overtake Tesla as the world's largest seller of electric vehicles. BYD said this week that sales of its fully electric cars rose almost 28 per cen... Read More


Small-cap stock Bansal Wire Industries rallies over 7% on highest-ever sales volume in Q3FY26

New Delhi, Jan. 2 -- Shares of Bansal Wire Industries, one of the leading steel wire manufacturing companies by volume in Asia, jumped sharply by 7.3% to the day's high of Rs.327.75 apiece in Friday's... Read More


Indias ten-year G-sec yield around hovers 6.60%

Mumbai, Jan. 2 -- Yield on the India government securities eased a bit, coming off highest in around nine-month. India's fiscal deficit for April to November, or the first eight months of this fiscal ... Read More


Property of 'Pak-based terror handler' attached in Poonch

Poonch, Jan. 2 -- Police have attached an immovable property belonging to a "Pakistan-based terror handler" and "launch commander" of banned outfits in Mendhar area of Poonch district. The action was ... Read More


Sensex spurts 472 pts; consumer durables shares advance; VIX jumps 2.28%

Mumbai, Jan. 2 -- The headline equity benchmarks traded with major gains in early afternoon trade. The Nifty traded near the 26,300 level. Consumer Durables shares extended gains for three consecutive... Read More


Knight FinTech Raises $23.6 Mn To Build Infrastructure For Financial Institutions

India, Jan. 2 -- AI-based banking and lending infrastructure provider Knight FinTech has raised $23.6 Mn (around INR 196 Cr) in its Series A round led by Accel, along with participation from IIFL, Roc... Read More