Prime Focus shares tank 8% after Income Tax raids at Mumbai offices: Exclusive
Income Tax searches are underway at Prime Focus offices in Mumbai over foreign remittances, with certain individuals linked to the company also being searched.
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Explained – Why Nifty Bank saw a sharp recovery after RBI policy rate raised on expected lines
For banks, the impact of the rate hike will depend on how quickly lending rates and deposit costs adjust, as well as the pace of credit growth.
RBI allows customer deposit details in statements; measure to be implemented by year-end
The RBI announced measures allowing SEBI-registered depositories to include customer deposits in statements by late 2026. The MPC also raised the repo rate by 25 basis points to 5.50 percent.
GST boost to lift consumer stocks; Elara’s Karan Taurani favours Nykaa, Trent, United Spirits
Elara Capital’s Karan Taurani expects stronger October-December quarter of 2026 (Q3FY27) growth across discretionary categories as the GST benefit reaches apparel, footwear and food, while input costs remain a risk.
RBI to set up technical consultative committee on financial markets
The Reserve Bank of India is forming a Technical Consultative Committee on Financial Markets to aid policy discussions, while experts highlight the importance of new data infrastructure steps.
HD Fire Protect IPO price band fixed at ₹258-271; issue opens October 13
The issue is entirely an offer for sale (OFS) of 2.62 crore equity shares by promoter shareholders Harish Narshi Dharamshi and his wife Kusum Dharamshi. Since there is no fresh issue of shares, HD Fire Protect will not receive any…
Gold, silver prices: What is weighing on precious metals and what investors should watch
Gold and silver prices declined in international markets on Wednesday due to a stronger US dollar and higher Treasury yields, though softer US jobs data provided some support.
IEX shares get an upgrade but Bernstein warns of soft volume growth going forward
Bernstein said market coupling appears inevitable but is already largely priced into the stock. However, the brokerage expects implementation timelines to be pushed out by around a year, potentially to the end of FY28, citing legal and operational challenges.
Asian Paints Dividend: Here’s what 9.2 lakh retail investors need to know about past payouts, record date and more
As many as 9.2 lakh small retail shareholders, or those with authorized share capital of up to ₹2 lakh, had a 10.6% stake in Asian Paints, at the end of the June quarter. Data for the September quarter has not…
US economy showing cracks beneath AI boom; Fed risks policy mistake: William Lee
William Lee, Chief Economist and Managing Director at Global Economic Advisors explains why US equities are shrugging off high bond yields, the impact of Fed hikes and risks beneath the AI-led growth.