Nifty set to hover around key support level of 19500? See GIFT Nifty, FII data, F&O ban, crude, more before market opensNifty set to hover around key support level of 19500? See GIFT Nifty, FII data, F&O ban, crude, more before market opens

GIFT Nifty traded flat at 19,614, marginally up 0.07%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously on Monday, the NSE Nifty 50 fell 0.72% to settle at 19,512.35, while the BSE Sensex tanked 483.24 points to 65,512.39. “An unforeseen escalation in the Middle East has rekindled […]

Balasore triple train crash: Indian Railways resumes passenger train services – See PhotosBalasore triple train crash: Indian Railways resumes passenger train services – See Photos

1/9 Indian Railways has commenced the operation of passenger trains on the tracks in Odisha’s Bahanaga Bazar railway station. The tracks suffered severely damaged due to the triple train accident. (Reuters Photo) 2/9 A train arrives at the Bahanaga Bazar station as a railway employee shows a green flag, near the site of a train […]

Oil above $90 per barrel, experts see scope for another 10% gainsOil above $90 per barrel, experts see scope for another 10% gains

Crude prices rallied to $90 per barrel, the highest in 2023, following the announcement of an extended production cut by Saudi Arabia and Russia. WTI crude has seen a year-to-date gain of 10.36%, while ICE Brent Crude has risen 9.66% YTD. The extension of the voluntary oil production cut by Russia and Saudi Arabia resulted […]

Dollar plunges as US inflation cools-off; rupee sees volatility but remains range-bound on equity inflows, RBI buyingDollar plunges as US inflation cools-off; rupee sees volatility but remains range-bound on equity inflows, RBI buying

By Gaurang Somaiya Rupee remained a bit choppy this week and volatility remained elevated after the release of inflation numbers on the domestic as well as global front. There has been quite a bit of see-saw that has been seen in the market and that is led by a couple of important events that unfolded […]

Global Markets: Asia stocks at 10-month low as traders brace for BOJGlobal Markets: Asia stocks at 10-month low as traders brace for BOJ

Stocks and bonds were under pressure on Friday as investors hunkered down for U.S. interest rates to stay higher for longer, while waiting to see whether the Bank of Japan might cap a busy week by charting a course out of its ultra-easy monetary policy. No policy change is expected in Japan but with inflation […]

InsuranceDekho raises USD 60 million in Series B funding round at USD 700-750 million valuationInsuranceDekho raises USD 60 million in Series B funding round at USD 700-750 million valuation

Insurtech player InsuranceDekho has raised USD 60 million in its ongoing Series B funding round at around USD 700-750 million valuation. Japanese lender Mitsubishi UFJ Financial Group (MUFG), French insurer BNP Paribas Cardif, through its insurtech fund managed by European investment major Eurazeo, India– focused Beams Fintech Fund and Yogesh Mahansaria Family Office have participated […]

Eid al-Adha 2023: Here’s a glimpse of the preparations for Bakrid from around the world – PhotosEid al-Adha 2023: Here’s a glimpse of the preparations for Bakrid from around the world – Photos

1/8 Muslim community across the world is gearing up Eid al-Adha festival, commonly known as Bakrid (Feast of the Sacrifice). It will be observed between 28 June and 29 June. This is the second and the largest of the two main holidays celebrated in Islam (the other being Eid al-Fitr).The festival honours the willingness of […]

Revolutionising Indian politics: The tech-driven future of political campaignsRevolutionising Indian politics: The tech-driven future of political campaigns

By – Abhimanyu BhartiIn a country as diverse and dynamic as India, political campaigns have always been a vibrant mix of strategies, ideologies, and outreach efforts. However, the landscape of Indian politics is undergoing a seismic shift, embracing a digital revolution that is reshaping the very essence of campaigning. Technological innovations are emerging as pivotal […]

Sebi fines Rs 7 lakh on Shapoorji Pallonji and Company for violating disclosure rulesSebi fines Rs 7 lakh on Shapoorji Pallonji and Company for violating disclosure rules

Capital markets regulator Sebi has imposed a penalty of Rs 7 lakh on Shapoorji Pallonji and Company for flouting disclosure norms. In its order, Sebi found that Shapoorji Pallonji and Company did not take prior approval from the stock exchange for converting non-convertible debentures (NCDs) into a term loan way back in March 2021. Additionally, […]