Export of tyres from India is expected to rise by 15 per cent in the ongoing fiscal, Automotive Tyre Manufacturers' Association Chairman Satish Sharma said on Tuesday. Fast integration with global supply chains helped by the globally aligned regulatory environment in the country has led to an increase in the addressable market for Indian manufactured [...]
Mid-cap stocks are a combination of both small-cap and large-cap stocks. They have the potential to grow like small-cap stocks and offer steady returns over a long period of time like large-cap stocks. In other words, they provide a balance between growth and stability. However, the icing on the cake is the dividend that some [...]
Non-banking finance company Sundaram Finance Ltd is revising the interest rates on various term deposits with effect from March 16, the company said on Tuesday. The interest rate on 12-month deposits has been increased to 7.45 per cent for the general public from the earlier 7.20 per cent. For deposits of 24 and 36 months, [...]
The government on Tuesday informed the Rajya Sabha that it is taking steps to make India a USD 5 trillion economy earlier than the International Monetary Fund's forecast year of 2026-27. The IMF's World Economic Outlook earlier said the size of the Indian economy will increase from USD 3.2 trillion in 2021-22 to USD 3.5 [...]
Life Insurance Corporation of India, in a recent filing with BSE, announced that the Corporation’s shareholding in Dr. Reddy's Laboratories Ltd has increased from 7.676% to 9.695% of the paid-up capital of the said Company with the share equivalent numbers ranging from 1,27,83,287 to 1,61,44,983 Equity Shares. Dr. Reddy’s stock started off its trading session [...]
Power trading solution provider PTC India on Tuesday announced its collaboration with Belgium-based N-Side to work on developing a predictive solution for the Indian power market. As part of a long-term strategy to position itself as a technology-enabled solutions provider in the electricity value chain, PTC India is building a portfolio of forecasting tools across [...]
Benchmark BSE Sensex declined nearly 340 points to close below the 58,000 level on Tuesday, marking its fourth straight day of losses as auto, IT and financial stocks wilted amid concerns over the fallout of failure of two US-based banks. The 30-share BSE Sensex fell 337.66 points or 0.58 per cent to settle at anew [...]
India Post Payments Bank (IPPB) wants to convert itself to a universal bank as the vast network of post office branches would help in achieving financial inclusion, its MD and CEO J Venkatramu said on Tuesday. He said when the IPPB started operations in 2018, 80 per cent of the transactions would happen in cash. [...]
Vedanta Aluminium on Tuesday said it has entered into a long-term pact with Dalmia Cement for supply of industrial wastes such as fly ash and spent pot lining for manufacturing low carbon cement. Under the pact, Vedanta's mega aluminium smelter at Jharsuguda, Odisha will supply around 20 rakes of fly ash every month for five [...]
The Nifty Next 50 is an index from the National Stock Exchange (NSE), that represents the performance of the next 50 stocks that come after the top 50 stocks (Nifty 50). These stocks are classified on the basis of their free-float market capitalization and have the potential to be included in the Nifty 50. Foreign [...]
