Power Finance Corporation (PFC), which is a public sector listed company that finances power infrastructure projects, is set to raise ₹5000 crore from the debt capital market to refinancing existed debt and further lending. PFC announced that the base issue will be ₹500 crore with an option to raise the rest ₹4500 crore later on….
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Gold and silver futures surged to fresh peaks in domestic and international markets on Monday (January 12, 2026), after investors flocked towards safe-haven assets amid rising geopolitical tensions, as well as the U.S. Federal Reserve and its chair facing a probe. Federal Reserve Chair…
Image for representational purposes only. The rupee rose 26 paise to 89.92 against U.S. dollar in early trade on Wednesday (January 7, 2026). | Photo Credit: Getty Images The rupee rose 26 paise to 89.92 against U.S. dollar in early trade on Wednesday (January 7, 2026) aided by a weaker greenback and a sharp drop…
The rupee fell 3 paise to 89.90 against the U.S. dollar in early trade on Thursday (January 8, 2026) weighed down by a rise in global crude oil prices and FII outflows. | Photo Credit: Getty Images/iStockphoto The rupee fell 3 paise to 89.90 against the U.S. dollar in early trade on Thursday (January 8,…
The Indian economy is expected to grow by 7.4% in the current fiscal, maintaining its status as the world’s fastest-growing major economy despite punitive U.S. tariffs and geopolitical tensions. Representational file image. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Thursday (January 8, 2026) amid persistent foreign fund…
Selfie with liveness detection, recording of geographical coordinates, and verification of bank account by the ‘penny-drop’ method are among the mandatory new measures listed by India’s financial intelligence agency under the anti-money laundering and terrorist financing KYC protocols for cryptocurrency exchanges while onboarding users. The directives also discourage Initial Coin Offerings (ICOs) and Initial Token…
After a brief rebound in early trade, the 30-share BSE Sensex later declined 78.84 points to 84,102.12. File | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty drifted lower in early trade on Friday (January 9, 2026) amid relentless foreign fund outflows and renewed concerns over potential U.S. tariff hikes. After a brief rebound…
At the interbank foreign exchange, the rupee opened higher at 89.88 but lost ground through the day to settle at 90.16 (provisional) against the U.S. dollar, down 26 paise from its previous close. Representational image. | Photo Credit: Getty Images/iStockphoto The rupee declined 26 paise to settle at 90.16 (provisional) against the U.S. dollar on…
Techno Paints and Chemicals CMD Akuri Srinivas Reddy with Veteran Indian cricketer Sachin Tendulkar. | Photo Credit: Special Arrangement Techno Paints and Chemicals plans to file Draft Red Herring Prospectus (DRHP) for a ₹500 crore initial public offering (IPO) in 2026-27. The process is expected to be completed in the same financial year, CMD Akuri…
Representative image. | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty buckled under selling pressure for the fifth straight session on Friday (January 9, 2026), falling nearly 1%, as investors turned cautious due to growing concerns over potential U.S. tariff hikes amid lingering geopolitical worries. The relentless foreign capital flight from Indian markets also…
