BUSINESS
RBI Cautions Against Misleading Loan Waiver Ads in Recent Warning
The RBI strongly warned the public against falling for such deceptive campaigns and urged reporting such incidents to law enforcement agencies.
Sensex Surges Beyond Record-Breaking 70,000 Mark During Morning Trade
By mid-morning, the BSE Sensex climbed 0.32% to breach 70,048, while the NSE Nifty 50 rose 0.24% above 21,019 points.
US Fed, ECB, Bank of England Set to Maintain Current Interest Rates
This stands against the backdrop of potential recessions on both sides of the Atlantic ahead of critical elections.
Scindia Foresees India's Air Passenger Traffic Surging to 42 Crore by 2030
He emphasized the growth of greenfield airports, with two more set to be operational in Jewar and Navi Mumbai next year.
Narayana Murthy defends his 70-hr work week statement, says he used to reach office at 6:20am
While his original statement stirred controversy, Murthy insisted that hard work was integral to prosperity and nation-building. The debate over the demanding work schedule's impact on health had sparked mixed reactions on social media.
FPIs have turned buyers in leading banks
Even though FPIs made an investment of Rs 9,000 crore in India in November, they were sellers for Rs 368 crore in the cash market. This has changed in December with big time buying in the cash market, SAID V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Government Implements Ban on Onion Exports to Control Price Surge
These actions are part of the government's strategy to regulate onion markets and prevent price escalation by prioritizing domestic availability.
Small and midcap stocks at historical peak valuations versus Nifty
Historically, small and midcap stocks enter a period of outperformance once they reverse from deep phases of underperformance, and perform poorly when they have high trailing outperformance.
Tata Reportedly Plans to Construct New iPhone Factory in Tamil Nadu, Aims to Employ 50,000 Workers
The proposed Hosur facility is expected to exceed the scale of Tata's existing Wistron-acquired unit, which currently employs over 10,000 individuals. Simultaneously, Apple aims to manufacture over 50 million iPhones annually in India, part of its strategy to reduce production dependence on China, as reported by the Wall Street Journal, citing sources familiar with the matter.
Supreme Court Questions CBI Over Chanda Kochhar's Interim Bail Extension for 11 Months
During the proceedings, the court noted an adjournment request made on Kochhar's behalf and questioned the continuation of her interim bail.
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