NSE sees gold receipts becoming a big business in the next three years
NSE Chairperson Srinivas Injeti said electronic gold receipts could make gold more useful in the financial system, but GST and other hurdles remain.
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US stock futures fall as bond yields surge; investors eye Trump-Xi talks
Futures linked to the Dow Jones Industrial Average fell 0.3%, while S&P 500 futures were down 0.6%. Nasdaq-100 futures slid 1%, pointing to further weakness in technology stocks after a subdued trading session on Wall Street.
PB Fintech flags revenue hit, calls IRDAI paper ‘quite extreme’ after 36% stock crash
PB Fintech shares crashed 36% after IRDAI proposed sweeping changes to insurance distribution economics. In an analyst call, the company flagged a serious revenue impact on general insurance and warned that larger agents may find proposed commission levels unattractive.
IRDAI proposed commission cuts: Which banks and NBFCs face the biggest impact?
IRDAI’s proposed commission caps and restrictions on insurance bundling could put pressure on lender earnings, particularly for NBFCs. Here’s a look at which banks and NBFCs are most exposed and how much their profits could be affected.
NSE listing strengthens market infrastructure, says Metropolitan Stock Exchange CEO
NSE’s listing marks a significant development for India’s capital markets, with Metropolitan Stock Exchange MD & CEO Latika S. Kundu calling the listing of a Market Infrastructure Institution a positive step for investors. Buimerc Corporation’s Siddharth Balachandran described it as…
Stock Market Crash: Five reasons why Nifty fell 400 points, Sensex tanked 1,200 points on Thursday
A combination of higher bond yields, crude oil prices, a stronger US Dollar, banking stocks, and the Sensex monthly expiry volatility contributed to the stock market sell-off on Thursday.
GE Vernova T&D share price: Nomura sees strong HVDC pipeline, sets ₹6,000 target
The brokerage said management expects the company’s total addressable market excluding HVDC to expand to $8.5 billion by calendar year 2030 from $5.2 billion in calendar year 2025. This represents a compound annual growth rate of around 10%, driven by…
Vishal Mega Mart shares could rise another 50%, bullish analysts predict after investor day
Vishal Mega Mart’s value-for-money playbook is evolving with rising aspirations. The management sees a long growth runway via store expansion, refurbishments, private labels and quick commerce, while new formats expand total addressable market.
Interarch Building Solutions inaugurates Andhra Pradesh heavy steel plant with 24,000 MT capacity
Shares of Interarch Building Solutions Ltd ended at ₹1,681.00, down by ₹11.05, or 0.65%, on the BSE.
Pine Labs to deploy 10 lakh soundboxes across India
The announcement came against the backdrop of a rapidly expanding digital payments ecosystem in India.