Category: Business

US stocks dipped to session lows on Wednesday after the Federal Reserve left rates unchanged and said there are signs of labor market stabilization. The S&P 500 Index declined 0.1% at 2:03 p.m. in New York, immediately following the rate decision. Earlier in the session, the US benchmark surpassed the 7,000-point milestone for the first…

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The US Federal Reserve held the benchmark lending rates in the range of 3.5–3.75%, as it underlined its positive view towards the economy. “Available indicators suggest that economic activity has been expanding at a solid pace,” it said in a release issued at the conclusion of the Federal Reserve Open Market Committee (FOMC) meeting. “In…

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Market Recap The Nifty had fallen below the 25,200 levels but closed near 25,300 during the day’s trade. Intraday, both Nifty and Sensex rose nearly 1%. The Nifty ended 167.35 points or 0.66% higher at 25,342.75. The BSE Sensex ended 487.20 points or 0.60% higher at 82,344.68. ALSO READ: Trade Setup For Jan. 29: Nifty Finds…

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The Enforcement Directorate on Wednesday said it has attached fresh assets worth more than Rs 1,800 crore as part of its ongoing money laundering investigation against the companies of Reliance Group chairman Anil Ambani. With the latest action, the total value of attachment by the federal probe agency in the case now stands at about…

Read More “ED Attaches Rs 1,800-Crore Fresh Assets Of Reliance Group Companies; Total Attachment Rs 12,000 Crore” »

The upcoming Union Budget should look at rationalisation of duties on EVs, greater support for localising EV technology and sustained support for multiple green pathways in the automotive segment, according to industry leaders. The Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2026-27 on Feb. 1. “Looking ahead, we anticipate…

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Indian equities end volatile session in green extending gains for the second day. The Nifty 50 index found resistance at  25,450-25,500 levels, according to Osho Krishan, chief manager -Technical and Derivative research at Angel One.  “On the resistance side, the range of 25450-25500 is likely to present an intermediate obstacle, and a decisive breakout above this level…

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India’s defence technology sector marked 2025 as a landmark year, recording its highest-ever annual capital inflow of $247 million (about Rs 2,270 crore), according to a report by data intelligence platform Tracxn.With this surge, the sector’s cumulative funding milestone has reached $711 million (about Rs 6,535 crore).The report highlighted a significant shift in the ecosystem…

Read More “India’s Defence Tech Sector Sees Highest-Ever Annual Capital Inflow Of Rs 2,270 crore In 2025” »