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Dollar index languishes around two-month low

Mumbai, Dec. 12 -- The dollar index is lingering around a two month low in early Asia on Friday following Federal rate cut and Fed's plans to buy short-dated Treasury bills to support market liquidity... Read More


Reserve Bank of India removes restrictions on banks opening and maintaining cash credit accounts

Mumbai, Dec. 12 -- The Reserve Bank of India (RBI) has removed all restrictions on banks opening and maintaining cash credit accounts under new transaction account rules. A latest update from the cent... Read More


A total of 31.74 lakh e-visas issued to tourists in last one year

Mumbai, Dec. 12 -- Bureau of Immigration data showed that a total of 31.74 lakh e-visas were issued to tourists during the period from 01.11.2024 to 30.11.2025, Ministry of Tourism stated in a latest ... Read More


NBCC gains after securing Rs 289-cr orders from NALCO and SAIL Bokaro

Mumbai, Dec. 12 -- According to the company's exchange filing, NBCC secured an order valued at Rs 255.50 crore from NALCO. The contract covers planning, designing and execution of a wide range of civi... Read More


Nifty trades above 26,000 level; metal shares advance for 3rd day

Mumbai, Dec. 12 -- The key equity benchmarks traded with minor gains in the morning trade. The Nifty traded above the 26,000 level. Metal shares extended gains for three consecutive trading session. ... Read More


Deepening bond market critical to reducing over-reliance on bank credit, says NITI Aayog CEO

Mumbai, Dec. 12 -- B.V.R. Subrahmanyam, CEO, NITI Aayog, released the report titled "Deepening the Corporate Bond Market in India" yesterday. The report highlights the opportunity for the corporate bo... Read More


Tata Power receives LoI from REC for Maharashtra transmission project

Mumbai, Dec. 12 -- The SPV will be developed on a Build-Own-Operate-Transfer (BOOT) basis, providing transmission services for 35 years. The project includes the construction of about 115 km of 400 kV... Read More


RBI injects Rs 50,000 crore liquidity through OMO purchase

Mumbai, Dec. 12 -- The Reserve Bank on Thursday injected Rs 50,000 crore liquidity through Open Market Operation (OMO) purchases of government securities. Against the notified amount of Rs 50,000 cror... Read More


Market Speak: OPEC signals stable oil market as 2026 demand outpaces 2025

Mumbai, Dec. 12 -- OPEC kept its global oil demand outlook unchanged, projecting a rise of about 1.4 million bpd for 2025, supported by firm economic growth. The group continues to stand apart from ot... Read More


Diamond Power rises after securing Rs 75-cr cable supply order from Amara Raja Infra

Mumbai, Dec. 12 -- The order entails supplying 110 km of HT cables and 456 km of LT cables. It follows a kilometer-based pricing structure with PV price-variation provisions, allowing for adjustments ... Read More