Amid Rising Tensions, Pakistan Deploys Air Defense System and Troops to Border
Pakistan has moved significant air defence systems, electronic warfare assets, and troops to the border. The deployment is especially in the Sialkot and Lahore sectors, and along the Line of Control (LoC). The 6th Armoured Division and 7th Infantry Division have been repositioned to Bagh, Rawalakot, and Toli Peer in Pakistan-occupied Kashmir . Karachi is protected by advanced HQ-9/P air defence systems. Pakistan has also begun vacating terror launch pads in PoK, moving militants into army bunkers.
SAMHI Hotels: Will the GIC deal be a game-changer for the stock?
The deal should significantly deleverage SAMHI’s balance sheet and enhance growth prospects
AbbVie enters India oncology market with much-awaited launch of leukemia drug Venetoclax
The move comes as India grapples with a rising burden of AML, particularly among its aging population.
SRV Hospitals gets Rs. 140 crore from InvAscent for expansion
Founded in 2015, SRV Hospitals operates five tertiary care facilities with over 500 beds across Mumbai, Nashik, and Bengaluru.
Titan Company: Will the financials glitter?
The company continues to see strong demand for jewellery, despite the sharp increase in gold prices. The market shift towards the organised segment is also beneficial for large organised jewellery companies like Titan
Trent: What should investors do after a disappointing Q4?
The SSSG, a key performance parameter, is showing moderation over the past two quarters
Trump tariffs — A risky gamble or a whole new take on trade order?
The US President unveiled plans for sweeping new import taxes on all goods entering the US
Larsen and Toubro's unprecedented move in global energy
With its latest achievement, L&T is not just breaking records but also paving the way for a larger role on the international stage. Here's why this development is a game-changer
Government scouts for CMDs for India's biggest power sector firms
The appointments will come at a time when India is pulling out all the stops to meet its growing power demand with focus on renewable and nuclear energy
Amgen opens new technology & innovation site in Hyderabad, to invest $200 million
The site is expected to accelerate Amgen’s digital capabilities through artificial intelligence and data science to further advance its pipeline of medicines, while creating significant opportunities for local talent.
RBI Policy Today LIVE | RBI Monetary Policy LIVE | RBI Governor Sanjay Malhotra
The Reserve Bank of India (RBI) is set to announce its sixth and the last bi-monthly monetary policy of FY25 today. The meeting of the Monetary Policy Committee (MPC) headed by the new RBI Governor Sanjay Malhotra was scheduled from February 5 to 7 and the credit policy decision will be announced today. This will be the first RBI policy under the new Governor Sanjay Malhotra and also the first RBI MPC meeting after the Union Budget 2025-2026 was presented on February 1
Allocation to power sector up 30%, rooftop solar plan gets big push
The PM-KUSUM scheme, an initiative to solarise agriculture in India, got Rs 2,600 crore for FY26 against Rs 2,525 crore (RE) in FY25
MC Exclusive | Green energy budget may increase by at least Rs 10,000 crore
The budget for the new and renewable energy sector is expected to go up to Rs 30,000 crore, with the PM Surya Ghar scheme getting the biggest share to meet the target of 50 lakh rooftop solar installations by March 2026
Live: Nifty around 23,400 after Hitting New High| IT & Chemical Stocks In Focus| Closing Bell
Nifty stays around 23,400 after hitting new high . Sensex hits a new high of 77,145
-Broader market outperformance continues. NSE advance-decline ratio at almost 2:1
-India VIX drops another 6%. Catch Yatin Mota and Nandita Khemka as they discuss stocks on their radar including Whirlpool and IT stocks
Morgan Stanley's Upasana Chachra on Modi 3.0 reforms, India's growth, Fed Rate trajectory & more
NDA was elected to power for the third time. What can you expect in terms of reforms, India's growth and the fed rate trajectory? Moneycontrol's Nandita Khemka speaks with Morgan Stanley's Chief India Economist, Upsana Chachra. Watch.
A multi-pronged approach, not mere targets, can boost affordable housing
The present PMAY scheme and the faltering pace of affordable housing that fell short of its earlier targets has evoked a great deal of criticism
Business Round-up: Ola Electric gets SEBI's approval for ₹ 7,250-crore IPO | Jubilant Foodworks gains
The Nifty and Sensex ended traded mostly flat-to-positive on June 11, with NSE Nifty 50 reaching within touching distance of its all-time high that it hit in the previous session. However, the benchmark indices gave up gains towards end of the trading session, with Nifty and Sensex turning flat. Meanwhile, Shares of Jubilant Foodworks gained by a percent to Rs 528 per share on June 11 after its quick-service restaurant chain Domino's Pizza crossed 2,000-store mark in India. Watch to know more about the top business news of June 11, 2024.
Live: Will Nifty make a dash at 23,000? ICICI, Bajaj Finance in focus| MPC decision| Opening Bell
Indian benchmark indices ended higher for the second consecutive session amid volatility. The Nifty Index showed strength after a gap-up opening, ending higher at 22,821.40. On the lower side, Nifty has strong support near 22,600 levels, which is also close to its 20-Day EMA levels. According to experts, if the Nifty index fails to hold the mentioned support, it can witness further correction towards the next support of 22,400 levels. On the higher side, Nifty has strong resistance near 23,000 levels. Among cues to watch today, street awaits the outcome of RBI’s monetary policy meeting. The MPC is expected to hold interest rates steady at 6.5% yet again. PB Fintech, ICICI Bank, Mankind Pharma, Wipro and Bajaj Finance are the stocks to watch out for. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder, NeoTrader and Siddharth Vora, Head - Quant Investment Strategy & Fund Manager, PL Asset Management
LIVE: Will the market correction create a buyer’s market? Here's an investment strategy post election verdict
Will a surprise election verdict trigger more selloff? Will The Market Correction Create A Buyer’s Market? Catch Moneycontrol's N Mahalakshmi in conversation with Sandeep Tandon, CIO, Quant Mutual Fund to know more.
LIVE: Election 2024 | How to position your trades for success on result day
In conversation with Sucheta Anchaliya, derivatives options traders Santosh Pasi, Founder of Pasi Technologies, and Kirubakaran Rajendran, Founder of Squareoffbots, walk us through their trading strategies for positioning ahead of election result day. The discussion will focus on market volatility, historical derivative trends surrounding election result days, post-election market behavior, and insights into which trades to consider and which to avoid on this significant event day.
LIVE: Nifty is at all time high on the expectation of a resounding majority|Harsha Upadhyaya exclusive
The Nifty has hit an all-time high on expectation of a strong win for the BJP as predicted by the exit poll. Harsha Upadhyaya talks about his investment strategy from hereon
Live: Will nifty scale new highs after exit polls? How to position yourself for June 4 |Opening Bell
The exit polls predicting a landslide victory for the BJP are likely to set the markets ablaze with excitement. Markets are buzzing with anticipation, expecting a surge driven by short-covering and euphoria going by how various constituency of traders are positioned in the derivatives market. An initial wave of excitement will be followed by more calculated, strategic investments, experts Moneycontrol spoke to said. Besides good news on the political front we also had blowout GDP growth for FY24 that topped the 8% mark. Even global cues are looking sanguine this morning. So how should traders position themselves for the June 4 verdict? Catch N Mahalakshmi and Nandita Khemka in conversation with Rohit Srivastava Founder of Indiacharts and Web.strike money, Kush Bohra of Founder, kushbohra.com and Market Expert, Ambareesh Baliga.
MOIL hikes manganese ore prices by up to 35% for June
In a related move, the basic price of EMD has been increased by Rs. 1000 per metric ton (PMT), from Rs. 209,000 PMT to Rs. 210,000 PMT for June 2024.
Business in the Week Ahead: June 3-7
General election results, RBI interest rate decision, passenger vehicle sales and monsoon progress are the key events, data to track
