BUSINESS
Rupee opens 13 paise up against dollar at 89.85 ahead of RBI's monetary policy
A Moneycontrol poll expects the MPC to cut repo rate by 25 bps, drawing comfort from the low CPI inflation print
BUSINESS
MC Insider: A flying laptop, a power flip and Korea Inc’s India play
Track the drama, deals and decision-making playing out away from the public eye.
BUSINESS
Nifty’s Move Hinges On RBI Rate Decision; HUL, ITC Hotels In Focus| Opening Bell Live
The Nifty 50 snapped its four-day losing streak on December 4, gaining 0.2% to close above the previous day’s high and reclaim the 26,000 mark. The index also held firm above its 20-day EMA. Experts say as long as Nifty defends the 25,900 level, an upside toward 26,100–26,300 remains likely amid ongoing consolidation. A decisive drop below this zone, however, could open the door to 25,840 — a crucial support. Among stocks to watch: HUL and ITC Hotels. The focus, though, remains on the RBI’s policy decision today — with the Street expecting a 25-basis-point rate cut even as strong growth and a weak rupee could keep the central bank cautious. Catch Nandita Khemka in conversation with Moneycontrol’s Banking Editor Hamsini Karthik, Raja Venkatraman, Co-founder of NeoTrader, and market expert Ambareesh Baliga.
INDIA
Putin in India Day 2: From talks with PM Modi to Rajghat visit and more; know what's on agenda
On the second day of his visit, Putin will hold summit talks with PM Modi, aiming to boost trade with the top buyer of Russia's arms and seaborne oil as Western sanctions squeeze their decades-old ties
INDIA
Vladimir Putin in India Live Updates: Putin concludes two-day India visit, leaves from Delhi
Vladimir Putin in India Live Updates: The Russian President held talks with PM Modi at an annual summit aimed at strengthening bilateral ties on the second day of his state visit
BUSINESS
RBI MPC Meeting Live: We just let rupee find its correct level, says RBI Governor Sanjay Malhotra
Rupee policy remains market-determined, says Governor Sanjay Malhotra
PODCAST
Indigo flight disruption, lens on Putin visit & why India is critical for Google | MC Editor's Picks
Moneycontrol unravels the flight disruption at Indigo, Russian President Vladimir Putin’s New Delhi visit, and the rupee volatility. Also find an exclusive interview with Google India head Preeti Lobana who tells us why India is a deeply critical market. Besides, we report on a massive cybersecurity push and the government’s probe into unfair trade practices at ride hailing giants. Tune in!
INDIA
5 drones detected near Zelenskyy's flight path during his arrival in Dublin
The incident has prompted enquiries into whether the drones were launched from land or a ship that avoided detection.
INDIA
Putin in India: PM Modi gifts Russian-language edition of Bhagavad Gita to Russian President
Putin arrived in New Delhi on Thursday evening, beginning a two-day state visit.
INDIA
'India got lucky': Putin praises PM Modi, says he 'lives and breathes India'
BUSINESS
Stocks to watch on December 5: Kirloskar Ferrous, Semaec, Greenlam Industries, RailTel, Brookfeld India REIT and more
From significant investments to major deals, quarterly earnings, order wins, and appointments, here’s a quick look at which stocks will be in focus in today's trade
BUSINESS
SEBI directs impounding Rs 601 crore from Avadhut Sathe in interim order
In view of the findings, SEBI has imposed interim directions restraining ASTAPL, Avadhut Sathe and Gouri Avadhut Sathe from accessing the securities market, either directly or indirectly.
WORLD
If US can, why can't India...: Putin hits back at Trump over calls for halting of Russian oil imports
The Trump administration has put diplomatoc as well as public pressure on India to stop buying oil from Russia.
BUSINESS
Bulk deals: DSP Mutual Fund picks up 1.10% stake in Greenlam Industries, HDFC Mutual Fund offloads 1.03%
ICICI Prudential Mutual Fund bought 9.70 lakh shares (0.70 percent) of Alivus Lifesciences.
INDIA
IndiGo informs DGCA more flight cancellations will continue for 2-3 days as part of schedule stabilisation
The airline has apologized for the delays and cancellations with its CEO saying in an internal memo that the priority is to normalize operations.
INDIA
PM Modi warmly welcomes Russian President with a hug at Palam Airport - See pics
This visit is Putin’s first to India since the Russia-Ukraine conflict began, adding geopolitical weight to the engagement.
INDIA
Karnataka cabinet approves hate speech & crimes prevention draft bill; jail term up to 10 years for offenders
The legislation aims to curb dissemination of hate speech, penalise offenders, and provide compensation to victims, covering acts in both physical and electronic domains. The draft bill empowers designated officials to order the removal or blocking of hate content online.
PODCAST
Nexus Venture Partners closes $700 million eighth fund; Dream11's second innings and Uber, Ola algos trip up Govt probe | MC Tech3
In today’s Tech3 from Moneycontrol, we break down the biggest stories in startup and tech. Nexus Venture Partners closes a $700 million fund as investor interest in AI steadily returns. Dream11 unveils its revamped app focused on sports entertainment built around creators and livestreamers, Regulators struggle to decode Ola and Uber’s pricing algorithms. The government prepares for a nationwide cybersecurity audit. And InMobi’s founders move to increase their stake ahead of a potential listing
BUSINESS
FIIs net sell Indian equities worth Rs 1944 crore, while DIIs buy Rs 3661 crore
For the year so far, FIIs have been net sellers of shares worth Rs 2.67 lakh crore, while DIIs have net bought shares worth Rs 7.20 lakh crore.
INDIA
Karnataka to draft vision document to boost mobile and electronics manufacturing, target $150 billion investment
Karnataka Large and Medium Industries Minister MB Patil directs officials to prepare a vision document aimed at boosting mobile and electronics manufacturing and design in the state, with the goal of attracting USD 150 billion in investments in the coming years.
INDIA
Russian President Putin arrives in Delhi on 2-day visit, PM Modi welcomes him with hug
PM Modi reached the Palam airport ahead of Putin's arrival. He welcomed the Russian President with a handshake and a warm hug. Both PM Modi and President Putin then travelled in the same car.
BUSINESS
RBI issues amendments to Gold Metal Loan scheme post examining feedback on draft norms
The central bank accepted the feedback on the ‘gold in raw form’ and have replaced the the term ‘Primary Gold’ as defined under extant regulations.
BUSINESS
RBI issues amendments to Large Exposures Framework, intragroup transactions and exposures
The central bank said in the absence of explicit legal ring-fencing between a FBB and its HO, it has been decided to retain the draft proposal and reckon such exposures only on gross basis.
INDIA
Eight-minute pickup cap, more cabs to enhance passenger experience at Bengaluru airport: BIAL CEO
Bengaluru International Airport Limited (BIAL) MD and CEO Hari Marar said the airport has spent the past two years explaining the rule to all stakeholders and now has widespread support from both passengers and legal cab operators
