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RBI announces premature redemption price for SGB 2019-20 Series-II

India, July 16 -- The Reserve Bank of India (RBI) has announced that the premature redemption of Sovereign Gold Bond (SGB) 2019-20 Series-II, issued on July 16, 2019, will be available on July 16, 202... Read More


RBI announces Rs 75,000 cr overnight VRR auction

India, July 16 -- The Reserve Bank of India (RBI) will conduct an Overnight Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on July 16, 2026, to manage evolving liquidit... Read More


BMC seeks Rs 22 crore from Taj Mahal Palace Hotel over 26/11-era security barricades

India, July 16 -- The Brihanmumbai Municipal Corporation (BMC) has issued a fresh demand notice to the iconic Taj Mahal Palace Hotel in Mumbai, asking it to pay Rs 22.03 crore as occupation charges fo... Read More


NTPC-NPCIL JV floats Rs.28,000 crore tender for nuclear power plant in Rajasthan

New Delhi, July 16 -- India has taken another step towards expanding its nuclear power programme by inviting bids for a Rs.28,000-crore contract to build the nuclear island of the proposed 4x700 MW Ma... Read More


TSMC Posts 77% Profit Surge and Pledges $100 Billion More for US Chip Manufacturing

New Delhi, July 16 -- TAIPEI - TSMC CEO Che-Chia Wei told analysts Thursday that AI chip demand is "extremely robust" and expected to remain "very strong until around 2029 or 2030." That is not a fore... Read More


Nifty trades above 24,100 level; IT shares rally

Mumbai, July 16 -- The key equity benchmarks witnessed minor gains in morning trade despite mixed global cues. Investor sentiment remained supported by selective buying in frontline stocks, helping th... Read More


ICICI Lombard share price crashes 15% to 52-week low after Q1 profit tanks 46%; Should you buy the dip?

New Delhi, July 16 -- Shares of ICICI Lombard General Insurance Company tumbled nearly 15% to their 52-week low of Rs.1,544.40 on the BSE on Thursday, July 16, after the insurance company reported a 4... Read More


Emmvee Photovoltaic Power jumps as Q1 PAT soars 103% YoY

Mumbai, July 16 -- The company's net profit surged 102.61% YoY, while declining 3.08% QoQ, to Rs 380.30 crore in Q1 FY27. Revenue from operations increased 51.34% YoY but declined 10.54% QoQ to Rs 1,... Read More


Nifty, Sensex close flat amid elevated oil prices, IT stocks support gains

Mumbai, July 16 -- Indian equity benchmark indices ended largely flat on Thursday as investor sentiment remained cautious amid geopolitical uncertainties, elevated crude oil prices and weak cues from ... Read More


Recovered under 1% of rRs.r243cr environmental compensation, HSPCB tells NGT

India, July 16 -- The Haryana State Pollution Control Board (HSPCB) on Wednesday sought two weeks to file its response after the National Green Tribunal (NGT) was told that less than 1% of environment... Read More