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Finance

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Adani Enterprises Launches $1.05 Billion Institutional Share Sale to Fuel Expansion
Posted inBusiness Insights

Adani Enterprises Launches $1.05 Billion Institutional Share Sale to Fuel Expansion

Adani Enterprises, the flagship company of Gautam Adani's conglomerate, officially launched a qualified institutional placement (QIP) this week to raise at least ₹10,000 crore ($1.05 billion) from institutional investors. The…
Posted by Prasenjit Bhowmik July 3, 2026
PB Fintech Shares Slide 8% Following Significant ₹1,741 Crore Block Deal
Posted inBusiness Insights

PB Fintech Shares Slide 8% Following Significant ₹1,741 Crore Block Deal

Market Reaction to Large-Scale Equity SalePB Fintech, the parent company of Policybazaar, witnessed an 8% drop in its share price on Tuesday following a massive block deal that saw 1.08…
Posted by Prasenjit Bhowmik July 3, 2026
Knack Packaging IPO Sees Strong Investor Interest on Day Two
Posted inMarket

Knack Packaging IPO Sees Strong Investor Interest on Day Two

Market Momentum Builds for Knack PackagingKnack Packaging's initial public offering (IPO) has reached a subscription level of 7.21 times by the end of the second day of bidding, signaling robust…
Posted by Prasenjit Bhowmik July 3, 2026
Donald Trump Proposes SpaceX Stock Contributions for New Savings Initiative
Posted inBusiness Insights

Donald Trump Proposes SpaceX Stock Contributions for New Savings Initiative

Former President Donald Trump announced this week that tech entrepreneur Elon Musk may contribute SpaceX stock to a newly proposed national savings initiative. The plan aims to establish dedicated investment…
Posted by Prasenjit Bhowmik July 3, 2026
Understanding TDS Obligations on Jointly Owned Property Rent
Posted inEconomy

Understanding TDS Obligations on Jointly Owned Property Rent

Individual tenants in India paying monthly rent exceeding ₹50,000 must now apply a per-landlord threshold when calculating Tax Deducted at Source (TDS) under Section 194IB of the Income Tax Act.…
Posted by Prasenjit Bhowmik July 3, 2026
India's Economy Surges by 7.7% in FY26 Amid Robust Industrial Growth
Posted inEconomy

India’s Economy Surges by 7.7% in FY26 Amid Robust Industrial Growth

Economic Expansion Driven by Manufacturing and ServicesIndia's economy expanded by 7.7% during the 2026 fiscal year, according to latest government data, as robust domestic demand and increased industrial productivity solidified…
Posted by Prasenjit Bhowmik July 3, 2026
Indian Markets Poised for Gains as Nifty IT Leads Bullish Sentiment
Posted inMarket

Indian Markets Poised for Gains as Nifty IT Leads Bullish Sentiment

The Indian stock market indices, Sensex and Nifty 50, are projected to open in positive territory on Friday, July 3, 2026, buoyed by strong overnight gains on Wall Street despite…
Posted by Prasenjit Bhowmik July 3, 2026
US Job Growth Cools in June as Unemployment Rate Dips to 4.2%
Posted inEconomy

US Job Growth Cools in June as Unemployment Rate Dips to 4.2%

The United States labor market experienced a significant deceleration in June, as the economy added only 57,000 jobs, falling well short of economist projections. While the unemployment rate edged downward…
Posted by Prasenjit Bhowmik July 3, 2026
Market Expert Raja Venkatraman Outlines Technical Strategies for July 3 Trading
Posted inMarket

Market Expert Raja Venkatraman Outlines Technical Strategies for July 3 Trading

Market strategist Raja Venkatraman has identified two specific equity opportunities for the trading session on July 3, providing a detailed technical analysis and actionable trade strategy for investors navigating current…
Posted by Prasenjit Bhowmik July 3, 2026
Asian Markets Navigate Uncertainty as US Labor Data Shifts Fed Expectations
Posted inBusiness Insights

Asian Markets Navigate Uncertainty as US Labor Data Shifts Fed Expectations

Asian equity markets experienced a volatile trading session on Wednesday as investors reacted to a softer-than-expected US jobs report that significantly dampened expectations for further Federal Reserve interest rate hikes.…
Posted by Prasenjit Bhowmik July 3, 2026

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