Tag Archives: Business news

This is the first MPC meet of the newly appointed RBI Governor Sanjay Malhotra. RBI MPC meet date, time: Reserve Bank of India’s Monetary Policy Committee (MPC) meeting is being keenly watched this week for a possible repo rate cut of 25 basis points. This is the first MPC meet of the newly appointed RBI Governor Sanjay Malhotra.RBI’s monetary policy …

February 2025 Bank Holidays (AI image) Bank Holidays February 2025: The RBI has announced bank closures for February 2025, with holidays varying across different states and regions in India. These closures include both national holidays and state-specific observances.Various states will observe bank holidays for different festivals and occasions including Saraswati Puja, Thai Poosam, Guru Ravi Das’s Birthday, Lui-Ngai-Ni, Chhatrapati Shivaji …

Income tax slabs FY 2025-26: The most important takeaway is that individuals earning up to Rs 12 lakh will have to pay ZERO tax. (AI image) Latest Income Tax Slabs FY 2025-26 after Budget 2025: The income tax slabs and income tax rates under the new tax regime have been revised for FY 2025-26. The revised income tax slabs were …

Nifty shows potential movement towards 24,050 near-term, with support at 23,500. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex was above 78,300, Nifty50 was near 23,700. At 9:22 AM, BSE Sensex was trading at 78,341.20, up 70 points or 0.089%. Nifty50 was at 23,708.70, up 12 points …

Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Aditya Birla Fashion and Retail Ltd, L&T Finance Ltd, and Tech Mahindra are the top stock picks for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for February 6, 2025.Index …

Goldman Sachs has a ‘sell’ call on Asian Paints with a target price of Rs 2,275. Analysts said October-December quarter was below estimates, as EBITDA and margins declined, driven by negative operational leverage impacted by increase in staff costs. The paints major’s revenue decline worsened, driven by deteriorating mix. They feel near term demand likely to remain subdued and it …

Japan’s Honda Motor and Nissan Motor called into question an agreement reached less than two months ago to consider combining, casting doubt on their efforts to form one one of the world’s largest automakers.The pair are discussing various options, including the possibility of withdrawing from deal talks, according to separate statements issued on Wednesday. The companies were responding to an …

MUMBAI: RBI’s monetary policy committee began its meeting on Wed and is expected to end its longest pause with a rate cut on Friday, the first in nearly five years.The last rate cut was in May 2020 when RBI lowered the repo rate to 4% to support the economy during the Covid-induced lockdown. It later raised rates seven times to …

HYDERABAD: Gold soared to lifetime high of $2883/ounce in the international spot market on Wednesday evening following US President Donald Trump’s tariff threats and amid geopolitical tensions. This sent the yellow metal hurtling to new highs of around Rs 85,000/10gm (24K without import duty & taxes) in local markets as the rupee plunged to a record low.According to HDFC Securities, …

BENGALURU: Food delivery platform Swiggy‘s revenue rose 31% to Rs 40,958 crore in Dec quarter compared to same period last year. However, its net loss widened to Rs 799 crore, compared to Rs 574 crore in the year-ago period.The company’s gross order value grew 38% year-on-year to Rs 12,165 crore, tnn Source link