Economy and Finance
News and views related to the Indian Economy and Financial sector
Collusion, planning to attack Adani for profits? Hindenburg shared report on Adani with China-linked hedge fund 2 months before publication: SEBI notice reveals
As per reports, Hindenburg had shared its report on Adani with their client two months prior to publication, enabling them to obtain 'unfair' profits from the stock price movements in a brokered deal using the report.
Owner of Kingdon Capital allegedly used Kotak to short sell Adani, his wife was probed in US for harbouring Chinese spies: Hindenburg fiasco was...
Anurag -
After SEBI revealed that Kotak Mahindra and Kingdon Capital partnered to orchestrate a strategic move to benefit from short-selling Adani stocks, a China link has emerged.
Indian stock market makes history: BSE Sensex breaches 80000 mark for the first time, Nifty hits lifetime high
ANI -
Benchmark indices, Nifty and Sensex scaled fresh record highs on Wednesday, with Sensex surpassing 80,000 for the first time on the strength of banking and FMCG stocks.
Bull Run: BSE Sensex hits historic high crossing 79,000, NSE Nifty breaks the 24,000 barrier
ANI -
Today marked a historic day for India's stock markets as the BSE Sensex surged past the 79,000 mark and the NSE Nifty breached 24,000 for the first time
DoT concludes Spectrum Auction for 2023-24, earns ₹11,340 crores from sale of 141.4 MHz spectrum in multiple frequency bands
ANI -
The Department of Telecommunications (DoT), has successfully concluded the Spectrum Auction 2023-24
Kerala finance minister says the state is facing a very serious liquidity crunch, demands ₹24,000 crore special package from centre along with ₹10,000 crore...
Kerala Finance Minister K N Balagopal demanded a special package of ₹24,000 crore during pre-budget meeting with union finance minister
Gautam Adani credits governance as ‘single most important catalyst’ for infrastructure growth post 2014, predicts India adding 1 trillion to GDP every year by...
Gautam Adani said, “the single most important catalyst enabling this take off has been the quality of governance over the past decade."
India’s foreign exchange reserves touch fresh highs at USD 655.8 billion
ANI -
India's forex reserves are now sufficient to cover around 11 months of projected imports, according to a recent RBI report.
Saudi Arabia stops selling oil exclusively in US Dollar: As 50-year-old US-Saudi Petrodollar Agreement expires, new avenues expected in the global economy
Anurag -
Saudi Arabia has decided to not renew the petrodollar agreement signed in 1974, under which it sold oil exclusively in US Dollar
Real Direct Benefit – The Silent Wave of Modi Schemes in 2024 Elections
Opposition claims there is no wave in the 2024 elections, which shows how little the opposition knows about the Indian electorate
