Business News Desk

Houthi Strikes

Oil Crosses $100 for First Time Since July 2022 as Trump Threats, Houthi Strikes Shake Markets

Global oil prices surged past the $100 per barrel mark for the first time since July 2022, driven by escalating geopolitical tensions and supply disruptions. Brent crude futures climbed above $112, while West Texas Intermediate (WTI) crossed $105, sparking concerns about inflationary pressures and energy market instability worldwide. Key Drivers Behind the Surge Trump’s Threats…

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RBI

RBI Imposes Monetary Penalty on Airtel Payments Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty on Airtel Payments Bank, citing non-compliance with certain regulatory provisions. The move underscores the central bank’s commitment to ensuring strict adherence to guidelines in the payments and banking ecosystem, particularly as digital financial services continue to expand rapidly across India. Background: Airtel Payments Bank…

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Lok Sabha

Insolvency Law Main Factor in Improving Health of Country’s Banking Sector: FM in Lok Sabha

India’s Finance Minister, speaking in the Lok Sabha, highlighted the Insolvency and Bankruptcy Code (IBC) as the single most important factor in strengthening the health of the country’s banking sector. The minister emphasized that the law has transformed the way banks deal with stressed assets, reduced non-performing assets (NPAs), and restored confidence in the financial…

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Nehal Vora

Under Nehal Vora, CDSL is Charting a High-Growth Path

Central Depository Services (India) Limited (CDSL), one of the country’s leading securities depositories, is witnessing a remarkable transformation under the leadership of its Managing Director and CEO, Nehal Vora. With a focus on innovation, digital expansion, and investor-centric services, CDSL is charting a high-growth path that aligns with India’s rapidly evolving capital markets. Background: CDSL’s…

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Brent Crude Oil

NSE to Launch Brent Crude Oil Futures Trading From April 13 After Sebi Approval

The National Stock Exchange (NSE) is set to introduce Brent crude oil futures trading from April 13, following approval from the Securities and Exchange Board of India (Sebi). This landmark move is expected to deepen India’s commodity derivatives market, offering investors and corporates new avenues to hedge risks and participate in global energy price movements….

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Dilip Buildcon

Dilip Buildcon Shares Rise on LOA Worth Rs 698.5 Crore From Gujarat Government

Dilip Buildcon Limited (DBL), one of India’s leading infrastructure companies, witnessed a surge in its share price after securing a Letter of Acceptance (LOA) worth Rs 698.5 crore from the Gujarat government. The project win has boosted investor confidence, reaffirming DBL’s strong execution capabilities and its growing footprint in India’s infrastructure sector. Background of the…

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Bond Yields

Bond Yields Steady as Government Surprises With Lower-Than-Expected H1 Borrowing

India’s bond market witnessed stability as the government announced a lower-than-expected borrowing plan for the first half (H1) of the fiscal year. Analysts described the move as a positive surprise, easing concerns about excess supply of government securities and providing relief to investors who had anticipated higher borrowing figures amid fiscal pressures. Background of the…

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Reliance SEZ

Reliance SEZ Export Duty Clarity Key Under India’s Fuel Tax Rejig: Analysts

India’s recent fuel tax rejig has sparked intense debate among industry experts, with analysts highlighting that clarity on export duties for Reliance Industries’ Special Economic Zone (SEZ) operations will be crucial. The move, aimed at balancing domestic fuel supply with global trade commitments, has created uncertainty for refiners and exporters, particularly Reliance, which operates one…

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Siddharth Vora

Siddharth Vora Slashes Financials, Bets on Pharma and Value Stocks Amid Market Turbulence

Renowned market strategist Siddharth Vora has made a decisive shift in his investment strategy, cutting exposure to financial stocks while increasing bets on pharmaceuticals and value-oriented companies. His move comes at a time when global and domestic markets are grappling with volatility, rising interest rates, and geopolitical uncertainties. Background of the Market Turbulence The financial…

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