financial markets

New Delhi, March 23 Shares of HDFC Bank have been on a downward trend, falling by nearly 12 per cent in three days, after its non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics".On Monday, the heavyweight stock plummeted 4.70 per cent to...

Mumbai, March 23 Days after the surprise resignation of HDFC Bank non-executive chairman Atanu Chakraborty, capital markets regulator Sebi's chairman Tuhin Kanta Pandey said on Monday that independent directors are expected to act responsibly and not make any insinuations.In comments...

Mumbai, March 23 The Reserve Bank of India (RBI) purchased a net of USD 2.526 billion of foreign exchange from the spot currency market in January, according to the central bank's monthly bulletin released on Monday.The central bank's purchase of US dollars came in January, following seven...

March 23, New Delhi: UK Prime Minister Keir Starmer is scheduled to chair an emergency meeting on Monday to review the economic consequences of the ongoing war in Iran.The meeting will be attended by Finance Minister Rachel Reeves, Governor of the Bank of England Andrew Bailey, Foreign...

New Delhi, March 23 The market regulator, Sebi, has escalated 1.33 lakh instances of manipulative content related to the securities market to social media platform providers, according to information provided to Parliament on Monday.In a written reply to the Lok Sabha, Minister of State for...

Mumbai, March 23 The Reserve Bank of India (RBI) injected ₹79,256 crore in short-term liquidity into the banking system on Monday through an overnight variable rate (VRR) auction.The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said in a...

March 23, New Delhi: Indian stocks opened lower on Monday, following a broad risk-off move across Asia as escalating tensions in West Asia kept oil prices elevated.The Nifty 50 fell 2.3% to 22,579, while the BSE Sensex lost almost 2% to 72,826. All 16 major sectors declined, with broader...

Mumbai, March 23 The benchmark bond yield in India rose to a 14-month high on Monday, possibly due to the surge in Brent crude oil prices amid escalating conflict in the Middle East.The yield on the 10-year government bond was trading at 6.8173 per cent around 11 am on Monday, compared to...

New Delhi, March 20 HDFC Bank shares ended over 2 per cent lower on Friday, extending the losses from the previous day, following the abrupt resignation of its non-executive chairman, Atanu Chakraborty, who cited "differences in values and ethics".The benchmark stock declined by 2.41 per cent...

Mumbai, March 20 The RBI's central board assessed the emerging global and domestic economic scenario on Friday, including evolving geopolitical developments and their impact on financial markets, along with associated challenges.The 622nd meeting of the Central Board of Directors of the...

Chennai, March 19 Closing bullion rates on Friday:1 Gm Gold, 24 Kt – Rs 15,540.001 Gm Gold, 22 Kt – Rs 14,250.001 Kg Silver – Rs 2,51,300.00

New Delhi, March 19 HDFC Bank's shares plunged by over 5 per cent on Thursday after Atanu Chakraborty resigned as chairman of the country's second-largest lender, citing ethical concerns.The blue-chip stock fell by 5.13 per cent to close at Rs 799.70 on the BSE, recovering some of its sharp...

New Delhi, March 19 HDFC Bank's shares plunged by nearly 9% on Thursday morning trading after Atanu Chakraborty resigned as chairman of the country's second-largest lender, citing ethical concerns.The blue-chip stock fell by 8.41% to Rs 772 – its 52-week low – on the BSE.On the NSE, the...

New Delhi, March 18 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Wednesday that it has raised ₹470 crore from anchor investors, ahead of its initial public offering (IPO) for public subscription.Life Insurance Corporation (LIC)...

Mumbai, March 18 The rupee plunged by 49 paise to close at a record low of 92.89 against the US dollar on Wednesday, weighed down by a stronger dollar and continued outflows from foreign investors.Rising crude oil prices in global markets, amid escalating conflict in the Middle East, further...

New Delhi, March 18 The initial public offering of agrochemical company GSP Crop Science Ltd received 1.61 times subscription on the closing day of bidding on Wednesday.The Rs 400-crore IPO received bids for 1,43,61,844 shares against 89,47,367 shares on offer, according to NSE data.The...

Mumbai, March 18 The rupee declined by 18 paise to hit a record low of 92.58 against the US dollar on Wednesday, amid a strengthening dollar overseas and continued outflows of foreign capital.Elevated crude oil prices in global markets, coupled with the intensifying conflict in West Asia...

New Delhi, March 18 Power solutions provider Powerica Ltd announced on Wednesday that its initial public offering (IPO) worth Rs 1,100 crore will open for subscription on March 24, with the proceeds primarily being used for debt reduction.The price band has been fixed at Rs 375-395 per share...

New Delhi, March 18 State Bank of India (SBI) on Tuesday said it has raised ₹6,051 crore through its second Basel III-compliant Tier II bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds are issued for a period of 10 years...

Mumbai, March 17 The rupee declined by 12 paise to settle at an all-time low of 92.40 against the US dollar on Tuesday, due to rising crude oil prices and continued outflow of foreign funds amid the West Asia crisis.A positive trend in domestic equity markets also helped the domestic currency...