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RBI's forex gamble may steady the rupee but weigh on investor sentiment

Mumbai, May 4 -- Mumbai: The Reserve Bank of India's (RBI) decision to cap banks' net open positions (NOP) at $100 million a day to curb speculative excesses in the foreign exchange market may also be... Read More


Indian equities deserve higher FII allocation, but valuations stretched

New Delhi, May 4 -- Indian equities merit higher foreign allocation due to strong structural fundamentals, said Ramneek Kundra, chief investment officer at DSP Pension Fund Managers. However, elevated... Read More


Stocks to trade: Raja Venkatraman recommends 3 stocks for 4 May

Stock market recap, May 4 -- Indian equities ended the holiday-truncated week only marginally higher, as stalled talks between the US and Iran and US President Donald Trump's rejection of Tehran's pro... Read More


Samarth portal on panchayat fisc for more states; UP, Maharashtra, Assam set to join

New Delhi, May 4 -- In a move to strengthen targeted policy framing and financial autonomy at the grassroots, the Centre is set to expand rollout of its Samarth Panchayat portal to states including As... Read More


Bigg Boss takes on an OTT avatar, draws younger viewers

New Delhi, May 4 -- Social reality is stepping out of television's shadow and into streaming's spotlight. Long synonymous with Bigg Boss, the genre-built around interpersonal dynamics within controlle... Read More


Australia Rate Decision Due On Tuesday

India, May 4 -- The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic ... Read More


Musk Text To OpenAI President Emerges As Trial Intensifies

India, May 4 -- A recently disclosed message from Elon Musk to Greg Brockman has added more fuel to the fire in the ongoing legal clash between Musk and OpenAI, as the high-stakes trial rolls on in fe... Read More


INR gives up 95 per US dollar mark to test record low

Mumbai, May 4 -- The Indian Rupee faltered on Monday after recent spate of declines that weighed the currency down by persistent importer hedging demand. The INR lost 40 paise to close at 95.24 per do... Read More


Vodafone Idea ends higher after govt trims AGR dues to Rs 64,046 cr

Mumbai, May 4 -- The development comes after directions from the Supreme Court of India allowing the government to examine the company's grievances related to AGR dues. Earlier, the Department of Tel... Read More


Nifty bulls eye 500-point rally on peace hopes and Bengal buzz

New Delhi, May 4 -- Bulls are positioning for a 500-600 point rally in the benchmark Nifty50 index early this week, driven primarily by expectations of an eventual peace deal in West Asia and a sentim... Read More