Category: Finance

The NIFTY50 index starts Monday trading under pressure, with experts watching if it can hold the key support level at 25,700 amid mixed global signals. Recent sessions saw the index pull back from gains, failing to break above 26,000, as heavy selling hit major stocks last week. Market Overview and Recent Performance The NIFTY50 closed the previous week on a weak note, giving up most of its early gains due…

Fintech giant Pine Labs has set its IPO price band at 210 to 221 rupees per share, aiming for a valuation over 25,300 crore rupees. The offering opens on November 7, 2025, and highlights big wins for early investors while late ones face discounts from grey market peaks. Key Details of Pine Labs IPO Launch Pine Labs, a leading player in digital payments and merchant services, plans to raise about…

India’s Enforcement Directorate has taken strong action against Anil Ambani’s Reliance Group by attaching over 40 properties valued at ₹3,084 crore. This move, part of a money laundering probe, targets assets including Ambani’s Mumbai home and sites across major cities, issued on October 31, 2025. The attachment focuses on alleged fund diversion from companies like Reliance Home Finance and Reliance Commercial Finance. Officials say public money was misused, leading to…

Georgia families are reeling from a sudden halt in SNAP benefits due to the ongoing federal government shutdown. As of November 1, 2025, more than 1.4 million residents, including over 600,000 children, lost access to this vital food aid, forcing many to turn to overwhelmed food pantries in places like Macon. Families Face Hunger Amid Uncertainty Travis Barnhill, a full-time nursing assistant in Macon, checked his SNAP card on Saturday…

India’s government is weighing a massive $12 billion bailout to rescue debt-strapped state power distribution companies. This move, set for possible reveal in the February 2025 budget, pushes states toward privatization to fix long-standing inefficiencies in the energy sector. Background on India’s Power Sector Challenges State-run power distributors in India have piled up huge debts over years, hurting the nation’s energy supply chain. These companies often lose money due to…

ITC, a major Indian conglomerate, reported its second quarter results for fiscal year 2026 on October 30, 2025, showing modest growth in revenue and net profit. The company faced mixed demand trends and GST impacts, but steady cigarette sales and FMCG performance helped drive the numbers. Key Financial Highlights ITC posted a standalone revenue of about 19,200 crore rupees for the quarter, up around 5 percent from the same period…

Indian stock markets are gearing up for a positive start on October 29, 2025, fueled by strong global cues and investor optimism. With the Gift Nifty trading higher and Asian indices showing gains, traders are closely watching the Federal Reserve’s rate decision and upcoming big tech earnings for further direction. Global Cues Drive Market Sentiment Markets across Asia opened on a firm note today, reflecting overnight gains in the US.…

India’s market regulator, the Securities and Exchange Board of India, has proposed major changes to mutual fund rules that aim to cut costs for investors and boost transparency. This move, announced on October 29, 2025, caused shares of top asset management companies like HDFC AMC and Nippon Life India to drop up to 10 percent in early trading, shaking the capital markets. Key Proposals from SEBI The proposals focus on…

The Indian stock market is gearing up for a positive start today, driven by optimistic signals from Gift Nifty and growing hopes for a US-China trade deal. Key factors like the Trump-Takaichi meeting and steady gold prices are influencing investor sentiment as Sensex and Nifty 50 aim to build on recent gains. Global Markets Set Mixed Tone US stock markets closed at record highs for the second straight day, boosting…

Kotak Mahindra Bank reported a 3% drop in net profit to ₹3,253 crore for the second quarter ending September 2025, hit by a sharp rise in provisions. The private lender saw net interest income grow 4% to ₹7,311 crore, while asset quality improved slightly amid strong loan expansion. This performance comes as Indian banks face margin pressures from higher funding costs and regulatory scrutiny. Investors watched closely, with shares dipping…