Billionaire Gautam Adani’s flagship firm, Adani Enterprises, is gearing up to roll out its share sale as early as next week, according to sources familiar with the matter. This marks the company’s return to the public equity markets after a previous plan was shelved following a damning short-seller report in 2023. Adani Enterprises is planning […]
NTPC Green Energy, the renewable energy arm of state-run NTPC, has submitted draft papers to the Securities and Exchange Board of India (SEBI) to raise ₹10,000 crore through an initial public offering (IPO). The entire IPO consists of a fresh issue of equity shares, with no offer-for-sale (OFS) component, according to the draft red herring […]
Iran’s overnight ballistic missile strike on Israel has sent shockwaves through global markets on expected lines with a significant shift in investor behavior rushing for safer assets. Besides a decline in U.S. Treasury bond yields and a surge in gold prices, the safe-haven dollar has strengthened against the euro, trading close to its strongest in […]
In an overnight escalation of hostilities in the Middle East, Iran on Wednesday declared that its missile strikes on Israel were over unless further provoked, even as Israel and the United States vowed retaliation. This development has intensified fears of a broader conflict in the region, potentially turning it into another World War. Washington D.C. […]
Iran fired a salvo of ballistic missiles at Israel on Tuesday in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon, reports Reuters. Soon, social media platforms are abuzz with videos covering the skies lighted with an endless rows of missiles, catching the attention of the whole world. Alarms sounded across Israel and explosions […]
In a recent development that has gripped the nation, the Special Investigation Team (SIT) constituted by the Andhra Pradesh government has temporarily halted its probe into the alleged adulteration of Tirupati laddus. The decision comes in the wake of the Supreme Court’s statement that there is currently no evidence to suggest animal fat was used in the preparation […]
Iran, as warned earlier, fired missiles at Israel at 10 PM (IST) in response Israel’s ground offensive in Lebanon to target Hezbollah and days after the militant outfit’s commander Hassan Nasrallah and a top official from Iran’s Islamic Revolutionary Guard were killed in airstrikes on Beirut. The Israel Defence Forces (IDF) said at 10.08 pm […]
The Reserve Bank of India (RBI) has recently raised concerns over deficiencies in gold-lending practices, urging gold lenders to review their policies and practices and implement corrective measures within a three-month timeframe. This directive comes in the wake of a review conducted by the RBI, which revealed several irregularities in the gold loan sector. Gold […]
The Indian equity market recently closed with marginal losses, primarily due to the impact of heavyweight shares such as Reliance Industries and HDFC Bank. The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), closed 33 points lower at 84,266. Concurrently, the Nifty, the National Stock Exchange’s key index, was down by 13 points, closing at 25,796. Despite […]
In a horrifying incident that unfolded on the outskirts of Bangkok, Thailand, a school bus carrying students and teachers on a field trip caught fire. The tragic event, which occurred on October 1, 2024, has left an estimated 25 people feared dead and 16 passengers hospitalized. The incident has sent shockwaves through the nation and the […]