News that keep you updated
MUMBAI: The Reserve Bank of India (RBI) has invited public comments on the draft “Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026”, proposing a revised framework for declaration of dividends and remittance of profits by banks.The central bank said it had undertaken a review of the existing guidelines on…
An FD gives you a fixed interest rate, a promise from the bank that you’ll get your money plus that interest back at maturity. (AI image) Over the long run, mutual funds usually outpace FDs—but only if you use each for the right goal, time frame and temperament.You talk about mutual funds and there’s always…
Asian markets had mixed performances in Wednesday’s sessions, tempering Wall Street’s recent historic records, while the interest rate trend in the global market, coupled with developments in Venezuela, caught the interest of most traders. Turning to foreign news, US troops reported the arrest of Venezuelan President Nicolas Maduro, while Trump claimed ownership of Greenland control.Japan’s…
The rupee showed slight improvement against the US dollar on Wednesday, surging 26 paise to reach 89.92 in early trading. This came due to a weaker dollar globally and falling crude oil prices. The currency had already shown positive movement on Tuesday, ending its four-day decline.Starting the day at 90.20, the rupee kept getting stronger…
A massive $45 billion worth of IPO lock-in periods are set to expire between January 6 and April 30, affecting 96 newly listed companies, according to a Nuvama report. This means pre-IPO shareholders, including promoters and early investors, will be free to sell their shares in the open market, potentially causing short-term price movements.The report,…
Another move toward new record highs in gold would likely be triggered if geopolitical tensions broaden. (AI image) Gold price prediction today: Gold and silver prices may see volatility with some consolidative bias in the coming days, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his outlook…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday. While Nifty50 went below 26,150, BSE Sensex was down over 100 points. At 9:18 AM, Nifty50 was trading at 26,132.00, down 47 points or 0.18%. BSE Sensex was at 84,953.09, down 110 points…
The US Supreme Court is likely to announce its final ruling on President Donald Trump’s global tariffs on Friday, with regards to its legality that has put global economies on edge. According to Reuters, the court, which has a 6-3 conservative majority, will also address cases involving voting rights, conversion therapy bans, and future matters…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today (January 7, 2026) are Varun Beverages Ltd, Havells, and IREDA. Let’s take a look:Varun Beverages Ltd – Trend Resumption After BreakoutBuy near: ₹490–₹485 | Stop Loss:…
State-run companies are emerging as top long-term wealth creators again, with 26 PSUs featuring among the top 100 between April 2020 and March 2025. This marks a significant turnaround from previous years, driven by factors like government divestment policy changes and a focus on sectors like defence and utilities. Source link
