Escalating Violence from Land Mafias in Bihar The ongoing terror perpetrated by land mafias in Bihar has escalated to alarming levels, with the Nawada district witnessing a shocking incident that has left the community in turmoil. On the night of September 18, gunmen opened fire in the Mahadalit Tola area, subsequently setting ablaze 80 houses ...
Global Market Reactions to the Fed’s Interest Rate Cut The recent decision by the US Federal Reserve to cut interest rates has elicited a mixed response across global markets. As investors digest the implications of the Fed’s announcement, major global indices have shown varied movements. The Nifty index in India is trading flat, suggesting that ...
Impact of the Recent US Federal Reserve Rate Cut on Global Markets The United States Federal Reserve made a significant move on September 18 by cutting its policy rates by 50 basis points. This is the first rate cut in four years, indicating a potentially pivotal shift in monetary policy. While this aggressive decision may ...
Stock Market Update: September 18, 2024 As investors hold their breath for the Federal Reserve’s upcoming decisions, the stock market exhibited notable volatility on September 18, 2024. The benchmark indices, Sensex and Nifty, both faced downward pressure amidst concerns surrounding macroeconomic factors and sector performances. Market Performance Overview The trading day concluded with the Sensex ...
Understanding Diabetes and the Benefits of Ridge Gourd Diabetes is a global health concern, often termed the “diabetes capital of the world.” This metabolic disorder can arise from genetic predispositions, unhealthy eating habits, and sedentary lifestyles. However, there is hope; by making conscious lifestyle changes and embracing a healthier diet, diabetes can be managed effectively. ...
The agricultural landscape in India is witnessing rapid growth, with farmers seeking innovative ways to enhance their income. One particularly lucrative option is the cultivation of baby corn, a crop that can be grown multiple times a year and has a high market demand. With its rich nutritional profile, baby corn is sought after not ...
Extending Investment Opportunities: Special Fixed Deposit Schemes in India In a bid to offer better investment options to their customers, several prominent banks in India, including IDBI Bank, Indian Bank, Punjab and Sind Bank, and State Bank of India (SBI), have extended the validity of their special fixed deposit (FD) schemes until September 30, 2024. ...
Understanding Recent Changes to EPF Withdrawal Rules The Employees Provident Fund Organization (EPFO) has recently implemented significant changes aimed at providing relief to its members. Employees can now withdraw up to Rs 1 lakh from their Provident Fund (PF) accounts for medical emergencies—an increase from the previous limit of Rs 50,000. This enhancement is part ...
The stock market experienced notable fluctuations ahead of the Federal Reserve’s outcome, resulting in declines for both the Sensex and Nifty indices. While midcap and small-cap stocks faced pressure, the Nifty Bank index managed to close with a gain. The market observed selling pressure predominantly in the IT, pharma, metal, and oil-gas sectors, alongside notable ...
JBM Auto’s Growth Strategy and Recent Funding JBM Auto, a prominent player in the automotive industry, has recently garnered attention with its funding of approximately $100 million for JBM Ecolife. This significant investment opens up new avenues for growth, innovation, and expansion in a highly competitive market. In this article, we will delve into JBM ...
IREDA Plans to Raise Funds Through QIP The Indian Renewable Energy Development Agency (IREDA) has received crucial approval from the Department of Investment and Public Asset Management (DIPAM) to proceed with raising funds via a Qualified Institutional Placement (QIP). The agency aims to raise approximately ₹4,500 crore by issuing fresh equity shares. As of September ...
Arcade Developers’ IPO Surges Ahead with Strong Investor Interest Mumbai-based Arcade Developers, a prominent player in the real estate sector, is witnessing remarkable enthusiasm from investors for its Initial Public Offering (IPO). As of September 18, the IPO has been subscribed 27.06 times, indicating robust demand for the shares offered. The price band for this ...
Atishi Set to Become Delhi’s New Chief Minister In a significant political development in Delhi, Lieutenant Governor VK Saxena has proposed September 21 as the date for the swearing-in ceremony of Chief Minister-designate Atishi. This information was conveyed in a letter sent to President Droupadi Murmu. Notably, outgoing Chief Minister Arvind Kejriwal has already submitted ...
Northern Arc Capital IPO Overview Northern Arc Capital has recently launched its Initial Public Offering (IPO), which has garnered significant interest from investors. With the IPO subscription showing robust demand, the overall response has been nothing short of impressive. By the third day of the subscription period, the IPO has been subscribed a staggering 20.18 ...
Market Overview On September 18, Indian stock markets experienced a downturn, reflecting a wave of caution among investors. The BSE Sensex witnessed a decline of 131 points, while the Nifty index fell below the 25,400 mark. This retreat came as investors eyed the impending results of the US Federal Reserve meeting, which sparked concerns about ...
US Federal Reserve Implements Significant Rate Cut Introduction: In a surprising move, the US Federal Reserve has announced a substantial interest rate cut of 50 basis points, a decision that marks its first reduction since the onset of the COVID-19 pandemic. This announcement was made on September 18 at 11:30 AM Indian time, signaling a ...
Western Carriers India IPO: A Strong Market Response The Initial Public Offering (IPO) of Western Carriers India Limited, a prominent logistics company, has garnered significant interest from the investment community. As of the fourth day of subscription, this IPO has been oversubscribed 13.89 times, indicating a robust demand for the issued shares. Investors have submitted ...
Economic Growth of South Indian States: A Comparative Overview The five major states of South India—Karnataka, Andhra Pradesh, Telangana, Kerala, and Tamil Nadu—have witnessed substantial economic growth since the liberalization of the Indian economy in the early 1990s. Back in 1991, their per capita income was lower than the national average. However, following decades of ...
Market Overview and Technical Analysis In recent market discussions, technical analyst Mitesh Thakkar highlighted a shift in momentum, particularly with the Bank Nifty index. Currently, it appears to be recuperating from a phase of underperformance and is showing stronger potential compared to the broader Nifty index. As of today, Nifty Bank has surpassed its near-term ...
Good News for Sahara Group Investors: Refund Limit Increased Investors who have put their money into the Sahara Group are in for some good news. The government has announced a significant increase in the refund limit for small depositors, raising it from Rs. 10,000 to Rs. 50,000. This development offers a ray of hope for ...
