The Securities and Exchange Board of India (SEBI) on Monday cleared amendments to the Infrastructure Investment Trust and Real Estate Investment Trust regulations, allowing InvITs to continue holding investments in…
Category: Market
Rupee crosses 94/$ mark for first time, set for worst fiscal year fall since 2014
The Indian rupee slipped to another fresh low against the US dollar in trade on 23 March, as the greenback’s steady rise, persistent selling by foreign portfolio investors (FPIs), and…
Gift Nifty jumps 800 points as Dalal Street watches West Asia for next move
With US President Donald Trump having extended his 48-hour ultimatum to Iran by five days, Gift Nifty, along with global stocks, recovered sharply. However, analysts cautioned against reading too much…
SEBI eases AIF winding-up norms, allows retention of proceeds in select cases
The Securities and Exchange Board of India (SEBI) on Monday eased winding-up norms for Alternative Investment Funds (AIF) Regulations and surrendering registration. Under the revised framework, AIFs will be allowed…
“Independent directors must act responsibly”: SEBI chief on HDFC Bank Chairman’s exit
The chairman of the Securities and Exchange Board of India on Monday said independent directors must act responsibly and avoid making unsubstantiated remarks. His comments follow on the abrupt resignation…
Broker’s Call: 3M India (Add)
Target: ₹36,726.00 CMP: ₹31,070.90 3M India has passed on commodity inflation and INR depreciation to end-consumers in medium-long term, we note its EBITDA margin in 9MFY26 (19.7 per cent) is…
Broker’s Call: Eternal (Buy)
Target: ₹415 CMP: ₹226.95 Eternal (Zomato) has raised its platform fee by about 20 per cent to about ₹15/order, in line with its peer, Swiggy. Hence, Zomato’s increased platform fee should not…
BlackRock CEO flags inequality risks, calls for broader market access in annual letter
Larry Fink, chairman and CEO of BlackRock, has warned that widening inequality and the rapid rise of artificial intelligence could deepen economic divides unless more people gain access to capital…
Iron ore rises on high freight rates, energy prices
Iron ore futures rose on Monday, supported by elevated freight rates, while other steelmaking ingredients coking coal and coke also gained as countries booked coal cargoes for their energy requirements…
Crude rallies past $110 as West Asia tensions hit energy supply
Brent crude prices have surged sharply by more than 60 per cent since the beginning of the US-Iran-Israel conflict, rising to around USD 112 per barrel on Monday from approximately…