MUMBAI: RBI has extended trading hours for key money market segments to improve liquidity management, enhance price discovery. It also aims to bring Indian markets closer to global standards. From July 1, the call money market will remain open till 7pm, while from Aug 1, market repo and tri-party repo (TREP) trading will close at…
MUMBAI: Stronger indications of an Israel-Iran ceasefire lifted investor sentiment on Dalal Street Wednesday, pushing sensex to over its eight-month high mark. Easing crude oil prices and short covering by speculators who were cutting their losses also helped the rally in the late session, market players said.At close, sensex was at 82,756 points, up 700…
The day’s rally in the market came on the back of strong buying by domestic funds, while foreign portfolio investors (FPIs) continued to be the net sellers. End-of-the-day data on BSE showed that while domestic institutions were net buyers at Rs 2,373 crore, FPIs were net sellers at Rs 2,428 crore. The rally added nearly…
As of March 2025, SBI’s CET-1 stood at 11%. According to industry analysts, this figure ranked amongst the lowest for public sector banks. (AI image) State Bank of India (SBI), the nation’s most valuable public sector enterprise, is nearing the final stages of selecting several merchant banks to secure up to Rs 25,000 crore through…
The Nifty Realty index has surged 8% over the past month—outpacing the Nifty 50’s 1.4% gain—as real estate stocks continue to show resilience despite global market headwinds.Analysts told ET that despite some profit booking after the June 9 peak of 1,049.50, the realty index remains above key short- and long-term moving averages, signalling sustained upward…
NEW DELHI: You may soon be able to use your vehicle’s FASTag to pay traffic challans, parking fee, insurance premium and for EV charging, in addition to highway tolls. With nearly 11 crore FASTags issued by banks, the govt is exploring ways to expand its use as a flexible payment tool.To take this forward and…
US President Donald Trump called Federal Reserve Chair Jerome Powell “terrible” and said he had narrowed down his choice for the next Fed chair to “three or four people,” stoking fresh speculation about an early leadership change at the central bank.“I know within three or four people who I’m going to pick,” Trump told reporters,…
Promoters Tata Sons and Singapore Airlines infused Rs 9,558 crore into Air India during 2024–25, with the bulk of the investment coming after the merger of Vistara and Air India in November last year, the airline confirmed on Wednesday.Air India spokesperson said the capital was raised to support ongoing transformation plans, fund capital expenditure, and…
RIL share price: Reliance Industries shares, which have remained largely flat over the past year, could find a catalyst in the company’s first-quarter earnings next month, global brokerage CLSA said in a note.“Reliance Industries is entering an exciting period, beginning with its 1QFY26 earnings, where we expect to see notable improvements in KPIs across its…
ITR: One of the most crucial documents for income tax returns, Form 16 is usually issued by the employer. (AI image) Income Tax Return (ITR) filing FY 2024-25: Filing ITR can be a daunting task for many. Salaried taxpayers are often confused about the documents they need to e-file ITR. One such important document is…
