Articles for author: Market News

Market News

JSW Group commits to its Rs 40,000 crore EV project in Odisha, amid rumors of relocating to Maharashtra, despite delays.

JSW Group commits to its Rs 40,000 crore EV project in Odisha, amid rumors of relocating to Maharashtra, despite delays.

The JSW Group has confirmed it is not withdrawing its proposed Rs 40,000 crore electric vehicle (EV) and battery project from Odisha, despite media reports suggesting a shift to Maharashtra. Ranjan Nayak, an executive from the company, emphasized their commitment to the original plan, which includes setting up a significant manufacturing facility and related units ...

Market News

Shaktikanta Das emphasizes resilience through strong fundamentals to combat global uncertainties and enhance emerging markets’ stability.

Shaktikanta Das emphasizes resilience through strong fundamentals to combat global uncertainties and enhance emerging markets’ stability.

Shaktikanta Das, the Governor of the Reserve Bank of India, emphasized the importance of strengthening fundamental economic practices to navigate global uncertainties. Speaking at the Himalaya Shumsher Memorial, he highlighted that a strong commitment to inflation targets, maintaining reserve buffers, and implementing prudent financial policies are essential for the resilience of emerging Market economies (EMEs). ...

Market News

Sebi probes investment banks for inflated IPO fees, revealing potential malpractices in India’s booming small business offerings.

Sebi probes investment banks for inflated IPO fees, revealing potential malpractices in India’s booming small business offerings.

India’s securities regulator, SEBI, is investigating six investment banks over high fees related to small business IPOs, which are reportedly reaching 15% of funds raised—far above the typical 1-3% range. This investigation, which started earlier this year, aims to combat malpractice in a booming IPO Market. SEBI is concerned that these inflated fees encourage artificial ...

Market News

Yogi Adityanath: From Mafia Fears to Development Dreams—Is Unity the New Caste Card in UP Politics?

In a recent address in Mirzapur, Uttar Pradesh Chief Minister Yogi Adityanath criticized opposition parties for their past alliances with the mafia, claiming they now hinder the state’s development. He emphasized the importance of unity, recalling how disunity has historically led to setbacks, including the long wait to rebuild the grand Ram temple in Ayodhya. ...

Market News

X, formerly Twitter, changes its block feature, allowing blocked users to view posts but not interact, igniting user controversy.

X, formerly Twitter, changes its block feature, allowing blocked users to view posts but not interact, igniting user controversy.

X, formerly known as Twitter, is changing its block feature, allowing blocked users to see public posts from their blockers. This means that while blocked individuals won’t be able to interact with the content or view the account’s private details, they can still see the posts. Elon Musk commented that the current block function was ...

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