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China's economic growth at risk, IMF chief calls for urgent reforms

BUSINESS

China's economic growth at risk, IMF chief calls for urgent reforms

China’s economy saw sluggish growth in 2023, hampered by real estate issues and a slump in exports. Investors expect the economy to have grown by around 5 percent

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FIIs) offloaded shares worth Rs 340.05 crore, while domestic institutional investors (DIIs) bought Rs 2,911.19 crore worth of stocks on January 12, provisional data from the NSE showed.

Biden's Deficit Challenge: Q1 sees $510 billion gap, pushing total debt past $34 trillion

BUSINESS

Biden's Deficit Challenge: Q1 sees $510 billion gap, pushing total debt past $34 trillion

Q1 2024 reveals a soaring $510 billion U.S. budget deficit, up 52% YoY, surpassing $34 trillion in national debt. The Inflation Reduction Act's promises clash with grim fiscal realities.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FIIs) sold shares worth Rs 865 crore, while domestic institutional investors (DIIs) purchased Rs 1,607.08 crore worth of stocks on January 11, provisional data from the NSE showed.

Jeremy Siegel's Weekly Commentary: S&P 500 to gain 8-10% in 2024, might scale 5,300 level

BUSINESS

Jeremy Siegel's Weekly Commentary: S&P 500 to gain 8-10% in 2024, might scale 5,300 level

Smaller-cap value stocks, trading at much lower multiples, could do better, with around 15 percent appreciation, Siegel said.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FIIs) sold shares worth Rs 1,721.35 crore, while domestic institutional investors (DIIs) purchased Rs 2,080.01 crore worth of stocks on January 10, provisional data from the NSE showed.

Nouriel Roubini’s unexpected optimism offers glimmer of hope for global economy in 2024

BUSINESS

Nouriel Roubini’s unexpected optimism offers glimmer of hope for global economy in 2024

The economist, known for his consistent warning of economic crashes, acknowledged the pitfalls of past recession forecasts in a recent Project Syndicate note.

PFC gains on RBI nod to set up firm in GIFT City

BUSINESS

PFC gains on RBI nod to set up firm in GIFT City

The Reserve Bank of India on January 9 issued a no objection letter to PFC for setting up a finance company at International Financial Services Centre in the GIFT City

Delta Corp stock drops 3% as Q3 net profit tanks 59% to Rs 34 crore

BUSINESS

Delta Corp stock drops 3% as Q3 net profit tanks 59% to Rs 34 crore

The Delta Corp stock has lost 38.27 percent of its value over the last six months. The benchmark Nifty50 index has given a return of 11.31 percent over the same duration.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FIIs) sold shares worth Rs 990.90 crore, while domestic institutional investors (DIIs) purchased Rs 104.23 crore worth of stocks on January 9, provisional data from the NSE showed.

Oil India surges 1% on green energy JV with Assam Power Generation Corporation

BUSINESS

Oil India surges 1% on green energy JV with Assam Power Generation Corporation

The Oil India stock has given a return of 47.15 percent over the last six months. The benchmark Nifty50 index has given a return of 11.14 percent over the same duration.

Brigade Enterprises rises 4% on MoUs with Tamil Nadu govt worth Rs 3,400 crore

BUSINESS

Brigade Enterprises rises 4% on MoUs with Tamil Nadu govt worth Rs 3,400 crore

The Brigade Enterprises stock has given a return of 69.07 percent over the last six months. The benchmark Nifty50 index has given a return of 11.12 percent over the same duration.

Eicher Motors gains as Royal Enfield signs Rs 3,000-crore MoU with Tamil Nadu

BUSINESS

Eicher Motors gains as Royal Enfield signs Rs 3,000-crore MoU with Tamil Nadu

Royal Enfield will invest Rs 3,000 crore over eight years in Tamil Nadu for new product development, electric vehicles and capacity building

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FIIs) bought shares worth Rs 16.03 crore, while domestic institutional investors (DIIs) purchased Rs 155.96 crore worth of stocks on January 8, provisional data from the NSE showed.

Bank of Baroda dips despite 13.6% growth in Q3 global advances, 8.34% rise in deposits

BUSINESS

Bank of Baroda dips despite 13.6% growth in Q3 global advances, 8.34% rise in deposits

Bank of Baroda stock has given a return of 12.27 percent over the last six months. The benchmark Nifty Bank index which has given a return of 7.20 percent over the same duration.

Union Bank of India Q3 advances grow 11.44% YoY to Rs 8.96 lakh crore; stock rises 1.5%

BUSINESS

Union Bank of India Q3 advances grow 11.44% YoY to Rs 8.96 lakh crore; stock rises 1.5%

Union Bank of India stock has given a return of 55.12 percent over the last six months. The benchmark Nifty Bank index which has given a return of 7.20 percent over the same duration.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FIIs) bought shares worth Rs 1,696.86 crore, while domestic institutional investors (DIIs) sold Rs 3,497.62 crore worth of stocks on January 5, provisional data from the NSE showed.

Peter Schiff raises alarm as US National Debt skyrockets, predicts record increase in 2024

BUSINESS

Peter Schiff raises alarm as US National Debt skyrockets, predicts record increase in 2024

The sharp increase in US debt is likely to be the quickest increase within a short period of time, and Schiff wonders if the year will end with a debt or dollar crisis.

RBL Bank gains 2% as gross advances grow 20%, deposits 13% in Q3

BUSINESS

RBL Bank gains 2% as gross advances grow 20%, deposits 13% in Q3

The RBL Bank stock has given a return of 50.28 percent over the last six months. The benchmark Nifty Bank index has given a return of 6.74 percent over the same duration.

Jammu & Kashmir Bank Q3 gross advances grow 14.13% YoY; stock jumps 2%

BUSINESS

Jammu & Kashmir Bank Q3 gross advances grow 14.13% YoY; stock jumps 2%

Jammu & Kashmir Bank has given a return of 86.62 percent over the last six months. The benchmark Nifty Bank index has given a return of 6.74 percent over the same duration.

Utkarsh SFB stock rallies 5% on 31% surge in Q3 gross loan portfolio

BUSINESS

Utkarsh SFB stock rallies 5% on 31% surge in Q3 gross loan portfolio

Utkarsh Small Finance Bank has given a return of 20.62 percent over the last six months. The benchmark Nifty Bank index has given a return of 6.74 percent over the same duration.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FIIs) bought shares worth Rs 1,513.41 crore, while domestic institutional investors (DIIs) sold Rs 1,387.36 crore worth of stocks on January 4, provisional data from the NSE showed.

Ujjivan SFB jumps 4% on 27% increase in loan book; records 29% growth in deposits

BUSINESS

Ujjivan SFB jumps 4% on 27% increase in loan book; records 29% growth in deposits

The Ujjivan Small Finance Bank stock has given a return of 41.97 percent over the last six months. The benchmark Bank Nifty index, meanwhile, has given a return of 5.31 percent over the same duration.

IndusInd Bank trades higher as Q3 advances grow 20%

BUSINESS

IndusInd Bank trades higher as Q3 advances grow 20%

The IndusInd Bank stock has given a return of 15.97 percent over the past six months against Nifty's 5.31 percent

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