Emirates NBD’s $3-Billion Investment in RBL Bank: A New Era for Indian Banking Emirates NBD, Dubai’s state-owned lender, is set to invest up to $3 billion in RBL Bank, according to statements from the latter’s management in the second quarter fiscal 2026 conference call on Sunday. This investment will give Emirates NBD a 60% stake […]

Global Trends, FPIs Move, Q2 Earnings To Guide Markets In Holiday-Shortened Week: Analysts Equity market investors would track global trends, foreign fund movement and quarterly earnings in a holiday-shortened week ahead, analysts said. Stock exchanges BSE and NSE will conduct a special Muhurat trading session on Tuesday, Oct. 21. The symbolic trading session will be

Diwali 2025 Stock Market Holiday: Are BSE, NSE Open Or Closed On Monday, October 20? After much speculation, Hindu scholars and pandits have confirmed that Diwali will be celebrated on October 20 this year, as the Amavasya Tithi in the month of Kartik falls on this date. As a result, schools, colleges, government offices, banks,

Forex Reserves Drop to $698 Billion: A Closer Look India’s forex reserves have witnessed a significant drop, with the latest figures standing at $697.784 billion as of the week ended October 10. This decline is attributed to a decrease of $2.176 billion from the previous week’s $699.96 billion, according to data released by the Reserve

FPIs Remain Net Buyers For Second Session As Nifty, Sensex Rally Pre-Diwali The foreign portfolio investors (FPIs) on Friday remained net buyers of Indian shares for the second session, see-sawing between purchasing and selling in the last five sessions. The FPIs bought stocks worth approximately Rs 309 crore, according to provisional data from the National

Oracle Financial Services Software Ltd. Declares Rs 130 Interim Dividend: What Investors Should Know Oracle Financial Services Software Ltd. has announced an interim dividend of Rs 130 per equity share for the fiscal 2026, marking a significant development for investors in the Indian stock market. The company’s decision to distribute nearly Rs 819.66 crore to

RIL Q2 Results: Profit Falls 33% QoQ; Reliance Retail, O2C, Jio Businesses Show Steady Growth Reliance Industries Ltd. has logged a 33% slump in its consolidated bottom-line to Rs 18,165 crore in the quarter ended September, whereas the revenue rose by a modest 4% to Rs 2,54,623 crore in the same period. Oil-to-Chemicals Business The

SBI Raises Rs 7,500 Crore Through Bond Issue: A Boost to the Banking Sector State Bank of India, the country’s largest lender, has raised Rs 7,500 crore at a coupon rate of 6.93 per cent through its Basel III-compliant Tier 2 bond issuance for fiscal 2025-26. The bond issue, which was oversubscribed by approximately three

Silver Prices Experience Sharp Decline: A 6% Drop in a Single Day Silver fell more than 6% in its biggest drop in six months as the broad precious metals group retreated following a furious rally this week. This sudden decline has raised questions among investors about the factors contributing to this drop and its potential

MCX Silver Recovers To End With Gains After Plunging 10% From Day’s High Silver futures on India’s Multi Commodity Exchange managed to settle with modest gains on Friday, after plunging around 10% from day’s highs. The devil’s metal had surged to a record Rs 1,70,415 per kg earlier in the session on MCX, but slipped