Market News Top 10 News IMF Cuts India’s FY24 GDP Forecast to 5.9% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: IMF cuts India’s FY24 GDP forecast to 5.9% The International Monetary Fund (IMF) has revised its growth forecast for India’s current financial year (FY24) from 6.1% to 5.9%, citing tightening financing conditions and ongoing challenges from the Russia-Ukraine war and the lingering […] Written by Cherian Varghese April 11, 2023April 11, 2023
Market News Top 10 News Maruti Suzuki to Hike Prices in April – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Maruti Suzuki to hike prices in April Maruti Suzuki India Ltd will hike prices in April 2023 due to increased cost pressure which will be passed on through the price increase. The company continues to witness increased cost pressure driven by overall […] Written by Cherian Varghese March 23, 2023March 23, 2023
Market News Top 10 News NTPC Commissions Green Coal Plant in Varanasi – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: NTPC commissions green coal plant in Varanasi NTPC Ltd has commissioned a first-of-its-kind commercial green coal project in Varanasi, which will make torrefied charcoal from municipal waste. The total capacity of this plant after installation of all three modules shall be 600 […] Written by Cherian Varghese March 16, 2023March 16, 2023
Market News Top 10 News WPI Falls to Over Two-Year Low of 3.85% in Feb – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wholesale inflation falls to over two-year low of 3.85% in Feb India’s Wholesale Price Index (WPI)-based inflation fell to a 25-month low of 3.85% in February 2023. WPI stood at 4.73% in Jan. The government has attributed the decline in inflation rate […] Written by Cherian Varghese March 14, 2023March 14, 2023
Market News Top 10 News Jio Platforms to Acquire Mimosa Networks – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Jio Platforms to acquire Mimosa Networks for $60mn Jio Platforms (a subsidiary of Reliance Industries) will buy US-based communications equipment maker Mimosa Networks for $60 million to strengthen its 5G and broadband services. Mimosa’s portfolio includes point-to-point and point-to-multi-point products based on […] Written by Cherian Varghese March 9, 2023March 9, 2023
Market News Top 10 News GAIL Looks to Buy 26% Stake in US LNG Export Plant – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: GAIL looks to buy 26% stake in a US LNG export plant State-owned GAIL (India) Ltd has released an Expression of Interest (EoI) to acquire up to 26% in a US-based LNG plant or a proposed facility that will be commissioned […] Written by Cherian Varghese February 17, 2023February 17, 2023
Market News Top 10 News Axis Bank’s Net Profit Rises 62% YoY in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Axis Bank Q3 Results: Net profit rises 62% YoY to ₹5,853 crore Axis Bank reported a 62% YoY increase in net profit to ₹5,853 crore for the quarter ended December (Q3 FY23). Its net interest income (NII) rose 31% YoY to ₹10,360 […] Written by Cherian Varghese January 23, 2023January 24, 2023
Market News Top 10 News Steel Prices Rise to 3-Month High in Jan – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Steel prices rise to 3-month high of ₹56,900 per tonne in Jan: SteelMint According to a SteelMint report, steel prices increased by 5% to hit a three-month high of ₹56,900 per tonne in January. Prices of coking coal have risen in January […] Written by Cherian Varghese January 10, 2023January 10, 2023
Market News Top 10 News Adani Group Launches App for Airports Vertical – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group launches consumer app for airports vertical The Adani Group has rolled out Adani One, a consumer app for its airports vertical. Users will be able to book flights & cabs, shop for duty-free products, and check their flight status through […] Written by Cherian Varghese December 19, 2022December 19, 2022
Market News Top 10 News M&M to Invest ₹10,000Cr to Set Up EV Manufacturing Plant – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: M&M to invest ₹10,000 crore to set up EV manufacturing plant in Pune Mahindra & Mahindra (M&M) will invest ₹10,000 crore to set up an electric vehicle (EV) manufacturing plant in Pune, Maharashtra. The automaker has received approval to make the investment […] Written by Cherian Varghese December 14, 2022December 15, 2022
Market News Top 10 News Retail Inflation Eases to 5.88% in Nov – Top Indian Market Updates India's retail inflation eased to an 11-month low of 5.88% in November on an annual basis. Here are some of the major updates that could move the markets tomorrow. Written by Cherian Varghese December 12, 2022December 12, 2022
Market News Top 10 News Ambani Says Indian Economy to Hit $40 Trillion by 2047 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Mukesh Ambani says Indian economy to grow 13-fold to $40 trillion by 2047 Reliance Industries Ltd’s Mukesh Ambani said India is likely to become a $40 trillion economy by 2047— a 13-fold jump from its current size. “Three game-changing revolutions will govern […] Written by Cherian Varghese November 22, 2022November 22, 2022
