Market capitalisation of eight of the top-10 firms erodes by Rs 1.55 lakh crore NEW DELHI: The combined market valuation of eight of India’s top 10 most valuable companies declined by Rs 1.55 lakh crore last week, with HDFC Bank and Bajaj Finance emerging as the biggest losers. Tata Consultancy Services (TCS) and Larsen &…
FPIs continue selling (representational image) NEW DELHI: Foreign Portfolio Investors (FPIs) have withdrawn Rs 48,056 crore from Indian equities in October so far, amid high crude oil prices, escalating Middle East tensions, inflation concerns and weak corporate earnings. Despite the heavy outflows, selling eased in the week ended October 23, with FPIs turning net buyers…
NEW DELHI: Dalal Street is heading into a busy week, with company earnings, US Federal Reserve’s interest rate decision, crude oil prices and tensions in Middle East tensions keeping investors on edge. The debut of Jio Platforms on the stock exchanges on October 28 and the buying and selling activity of foreign investors will also…
France’s debt, taxes and borrowing costs rise as economic growth slows France is facing mounting pressure on two fronts: growing public anger over the cost of living and an economy struggling with high debt, taxes and weak growth. Student protests that began with school blockades have spread, turning violent, putting the spotlight on the country’s…
US Fed expected to hold interest rates steady despite persistent inflation (representative image) The US Federal Reserve is widely expected to keep interest rates unchanged at its meeting next week, despite persistent inflation and market expectations of at least one more rate hike before the end of the year, according to analysts cited by news…
Sebi chairman Tuhin Kanta Pandey NEW DELHI: Market regulator Sebi is planning measures to prevent the misuse of brokers’ trading terminals while also considering different compliance requirements for brokers based on their size, clients and use of technology.Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey announced the plans on Saturday at the…
The Bsnk’s net interest income rose 21% year-on-year to Rs 6,184 crore in Q2 FY27, while core operating profit climbed 38.5% to Rs 2,527 crore. NEW DELHI: IDFC First Bank reported a 196.5 per cent year-on-year jump in profit after tax to Rs 1,045 crore in the September quarter of FY27, supported by strong growth…
On a standalone basis, the bank’s net profit rose 29 per cent to Rs 4,212 crore from Rs 3,253 crore in the year-ago quarter. NEW DELHI: Kotak Mahindra Bank on Saturday reported a 26 per cent increase in consolidated net profit to Rs 5,645 crore for the September quarter of FY27, compared with Rs 4,468…
File photo: A shopper looks at the section of a grocery store in Fort Worth, Texas (Picture credit: AP) US consumer sentiment edged down to near a record low in October as rising prices linked to the Middle East conflict weighed on households’ views of the economy, a University of Michigan survey showed on Friday,…
The report said deficient rainfall in some regions could adversely affect kharif crop yields. MUMBAI: RBI’s Oct 2026 State of the Economy report flagged rising inflation, geopolitical tensions and global financial volatility as key risks to India’s growth outlook, even as strong domestic demand, services activity and exports supported economic momentum.The report said headline CPI…
In 2008, the Reliance Power IPO had seen the total demand at about Rs 7.1 lakh crore. MUMBAI: The maiden public offering for Jio Platforms, which aimed to raise a recordbreaking Rs 30,213 crore, on Friday created several other records. It saw about 1.3 crore retail investors participating in the offer. While the institutional part…
During the day’s session, sensex fluctuated by more than 1,300 points but closed just 126 points down at 73,124 points. MUMBAI: Rising crude oil prices and a weakening rupee weighed on investor sentiment on Friday and led to strong volatility in the market. But at close, the two leading indices—sensex and Nifty—were only marginally lower….
