SAIL shares advanced by 1.6%, their day’s high of Rs 117.25 above BSE. The company operationalizes 4 million tonnes per annum (MTPA) Tasra coking coal mines, Which will increase its crude steel production capacity to 35.65 MTPA by 2031. The company’s production stands at 19.10 MTPA in FY24. Its facilities are located in Jharkhand, and…
Ola Electric has commenced deliveries of its S1 Gen 3 electric scooters across India, marking a significant milestone in the company’s expansion in the Indian EV market. The S1 Gen 3 range includes models like the S1 X, S1 Pro, and S1 Pro Plus, with prices starting from Rs 79,999 for the base S1 X…
ICICI Prudential Mutual Fund, SBI Mutual Fund, and Nippon India Mutual Fund made one joint acquisition of TBO Tek Ltd.’s leading travel distribution company by buying 4.12% of its shares on March 21, 2025. Three groups of mutual funds, including ICICI Prudential Mutual Fund and SBI Mutual Fund, alongside Nippon India Mutual Fund, purchased TBO…
The financial markets presented contradictory patterns on Friday because former President Donald Trump showed signs that he could modify his upcoming trade tariff plans. Stock markets experienced volatility, and the U.S. dollar experienced a boost when investors received a temporary sign of flexibility from Trump. What Are Market Volatility And Recovery Situations? Market volatility began…
The leading investment management company T. Rowe Price projects U.S. Treasury yields that will reach 6% during the year 2025 because of major budget changes that occur in the United States and Germany. The experts expect this projection during a period of rising global borrowing expenses, which can decrease the appeal of public debt. What…
This month is showing that the U.S. Treasury bonds are exiting strong price growth because the investors expect the Federal Reserve to reduce interest rates. Some of the highly confident market investors have started to drive bond prices upward because they believe the central bank will enact policy changes to meet present economic requirements. What…
The growing market risk and economic turbulence have driven Wall Street banks to adjust their leveraged loan terms to keep investors buying and secure business opportunities. Such financial institutions grant leveraged loans mainly to businesses that have large existing debt obligations that can lead to elevated interest rates because of the risk. Why Are Banks…
Jio Financial Services, which operates under the Reliance Group, made a preliminary business deal with German insurance leader Allianz SE to create an insurance organization in India. The business expansion came shortly after Allianz chose to sell its 26% stake in Bajaj Finserv joint ventures worth approximately €2.6 billion. Jio Financial Services together with Allianz…
On March 20, 2025 Defense Acquisition Council (DAC), under the leadership of Defense Minister Rajnath Singh, approved eight capital acquisition proposals that exceeded ₹54,000 crore in value. The defense strategy ensures India acquires advanced military equipment from domestic producers under ‘Make in India’ national initiatives for strengthening defense capabilities. Key Approvals By DAC The Airborne…
Shares of Ola Electric Mobility demonstrated a 6% increase to ₹54.71 on March 21, 2025, on the Bombay Stock Exchange (BSE). After the company cleared up questions about its sales discrepancies, the stock price of Ola Electric Mobility rose by 6% until reaching ₹54.71 on the Bombay Stock Exchange (BSE). Background Of The Discrepancy Ola…