India Joined Emerging Markets Government Bond Index of FTSE Russell
India was added to the FTSE Emerging Markets Government Bond Index (EMGBI) and will be included starting in September 2025. This follows the recent inclusion...
Author : Esha Somadder
Asian Stocks Advance After Tech Lifts Wall Street
Asian equities climbed following a tech rally in Wall Street and expectations of Federal Reserve rate cuts. Chipmakers like Nvidia Corp. led market gains with...
Swara Fincare Secured Rs 19.4 Crore in Series A funding
Swara Fincare has raised Rs 19.4 crore (USD 2.3 million) in a Series A funding round led by UC Impower, with participation from Serica Angel...
GOI Plans a New PLI Scheme for the Drone Sector
The first Production-Linked Incentive (PLI) scheme for drones, introduced in 2021, with an outlay of Rs 120 crore for three financial years starting from 2021-22,...
RBI Raised Transaction Limit for UPI 123Pay to Rs 10,000 and for UPI Lite Wallet to Rs 5,000
During the Monetary Policy Committee (MPC) announcement, Das stated that the per-transaction limit for UPI 123Pay will be increased from Rs 5,000 to Rs 10,000,...
Varun Beverages Approved Rs 7,500 crore Fundraising through QIP
Varun Beverages Ltd.’s (VBL) board meeting on Wednesday, October 9, concluded with approval for raising up to Rs 7,500 crore through qualified institutions placement (QIP)....
Eraaya Lifespaces Hit 5% Upper Circuit after Update on Legal Developments
On Wednesday, October 9, shares of Eraaya Lifespaces were locked in the 5% upper circuit limit for the second consecutive trading session, reaching Rs 2,888....
SpiceJet Airline Settled Rs 1,108 crore Dispute with Babcock & Brown, Shares 6% Up
SpiceJet’s stock price increased by 6% on Wednesday, October 9, after the airline settled a Rs 1,108 crore (USD 132 million) dispute with aircraft leasing...
RBI Keeps Repo Rate Unchanged at 6.5%, Changes Stance to Neutral
The Reserve Bank of India’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5% but has shifted its stance to...
SKF India Shares Rallied over 6% on Plans to Demerge Automotive and Industrial business
SKF India’s shares surged by more than 6% to reach an intraday high of Rs 5,492.60 on the NSE in early trade on October 9. ...