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Axis Bank tumbles as margin outlook turns cautious

Mumbai, Dec. 16 -- According to the report, the bank's management now expects net interest margins to bottom out in the fourth quarter or early in the first quarter, later than the earlier guidance of... Read More


Shelter Pharma gains after securing international D3 cure capsules order

Mumbai, Dec. 16 -- The order is a fixed-cost contract and is to be executed within two months. The company said neither its promoters nor group companies have any interest in the entity awarding the c... Read More


FM says Indias economic growth has been broad-based over last decade

Mumbai, Dec. 16 -- Union finance minister Nirmala Sitharaman on Monday told Parliament that India's economic growth over the past decade has been broad-based with the consumption gap between the rich ... Read More


Nifty tad below 25,900 level; metal shares decline

Mumbai, Dec. 16 -- The key equity benchmarks traded with modest gains in the early afternoon trade amid persistent foreign portfolio outflows, a weakening rupee, and continued uncertainty over a trade... Read More


Crisil Ratings reaffirms Jubilant FoodWorks' CP rating at 'A1+'

Mumbai, Dec. 16 -- Crisil Ratings stated that the rating continues to reflect the established position of JFL in the food service market, robust supply chain network, longstanding industry experience ... Read More


Finance Minister tables Insurance Bill 2025 in Lok Sabha

Mumbai, Dec. 16 -- Finance Minister Nirmala Sitharaman has tabled the Insurance Laws (Amendment) Bill, 2025 in the Lok Sabha, proposing wide-ranging reforms in the insurance sector. The Bill introduc... Read More


PM Narendra Modis Jordan Visit Yields New MoUs Boosting Ties in Clean Energy, Water, Culture & Digital Innovation

Mumbai, Dec. 16 -- Prime Minister Narendra Modi highlighted the substantive outcomes of his visit to Jordan, noting a meaningful expansion of cooperation between the two countries across sectors, incl... Read More


MCX Morning Wrap: Zinc slides more than 1%

Mumbai, Dec. 16 -- Base metals saw some selling pressure today. MCX December Copper futures are trading at Rs 1106.70 per kg, down 0.27% on the day. The counter fell under Rs 1100 per kg in early move... Read More


Senores Pharma inks SPA for Apnar Pharma takeover

Mumbai, Dec. 16 -- Apnar Pharma is a pharmaceutical company primarily engaged in the business of manufacture of generic pharmaceutical formulations, having US FDA, UK-MHRA and Health Canada approved m... Read More


Dollar index lingers around 2-month low; US jobs report in focus

Mumbai, Dec. 16 -- The dollar index is lingering around a two-month low on Tuesday, well below 98 mark awaiting further clarity on Federal rate stance. The upcoming delayed US jobs report is keenly aw... Read More