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Resource mobilisation through preferential allotments and qualified institutional placements doubles Rs 2.2 lakh crore in FY25

Mumbai, May 29 -- The Reserve Bank of India (RBI) has stated in its latest annual report that in 2024-25, the Indian equity market witnessed fresh highs in the first half whereas the second half exhib... Read More


SBI Life Insurance Company Ltd gains for fifth session

Mumbai, May 29 -- SBI Life Insurance Company Ltd rose for a fifth straight session today. The stock is quoting at Rs 1815, up 0.42% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down a... Read More


India set to retain fastest-growing major economy status in FY26: RBI

Mumbai, May 29 -- The Reserve Bank of India (RBI) in its annual report projected that the Indian economy is likely to maintain its position as the fastest-growing major economy in FY2025-26. The optim... Read More


Hot Commodities: Oil surges 2% on tariff relief and supply concerns

Mumbai, May 29 -- Crude oil futures climbed above $63 per barrel, extending gains for a second straight session as easing tariff risks and supply concerns boosted sentiment. MCX crude futures surged n... Read More


Average daily turnover in corporate bonds secondary market up 33% in FY25

Mumbai, May 29 -- Corporate bond yields softened during 2024-25, mirroring G-sec yields, according to Reserve Bank of India. The monthly average yield on AAA-rated 3-year bonds of public sector undert... Read More


Commodities Buzz: OPEC+ holds steady on output, eyes July hike decision

Mumbai, May 29 -- OPEC+ kept its oil output policy unchanged but agreed to create a framework for setting new production baselines for 2027. The alliance, which includes OPEC members and key partners ... Read More


Core inflation eases to 3.5% FY25 compared to 4.3% in FY24

Mumbai, May 29 -- The Reserve Bank of India (RBI) has stated in its latest annual report that domestic inflation converged closer towards the target during 2024-25 aided by easing input cost pressures... Read More


Currency Buzz: Dollar index back above 100 mark after US trade court blocks bulk of Trump tariffs

Mumbai, May 29 -- The US dollar index edged up today, breaking above 100 mark on rising global trade uncertainty. Media reports noted that bulk of US President Donald Trump's global tariffs were decla... Read More


Economic Buzz: Japan consumer confidence rebounds to 32.8 in May

Mumbai, May 29 -- Japan's consumer confidence index rose to 32.8 in May 2025, rebounding from April's more than two-year low of 31.2. Sentiment improved across all components: overall livelihood rose ... Read More


Balaji Amines slides as Q4 PAT slumps 44% YoY to Rs 40 cr

Mumbai, May 29 -- Profit before tax (PBT) stood at Rs 53.93 crore in Q4 FY25, down 41.94% year-on-year but up 31.89% quarter-on-quarter. EBITDA stood at Rs 68 crore in Q4 FY25, down 35.84% year-on-ye... Read More