3040 articles · Page 73 of 152
Punjab National Bank launches 'PNB Utsav Festivities 2026' with fee waivers and interest concessions on home, car, mortgage, and personal loans to support customers during the festive season.
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Shah Investor's Home IPO, a fresh issue of 53.99 lakh shares worth ₹90.17 crore, debuted at a 2.4% premium on NSE and BSE. Investors gained ₹340 per lot as the IPO was subscribed 38.12 times, reflecting strong market interest in this retail brokering firm.
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Private bank stocks, including Kotak Mahindra Bank and Axis Bank, rose up to 4.5% on October 6 due to strong credit growth and FCNR support ahead of Q2 earnings reports. The Nifty Private Bank index increased by 1.17%, reflecting positive investor sentiment for the banking sector.
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SRIT India IPO shares listed at a 13.85% premium on NSE, with investors earning ₹2,070 per lot. The IPO was subscribed 125 times, raising ₹218.40 crore for company growth and modernization.
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Honasa Consumer shares rose over 8% after the company forecasted early 30s percent net sales value growth for Q2FY27. Growth is driven by brands like Mamaearth and The Derma Co., with margins expected to remain strong.
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The Indian government has notified 375 permissible works under the VB-G RAM G scheme, focusing on water security, rural infrastructure, livelihoods, and disaster preparedness. This new schedule expands the previous list by 41%, aiming to create durable rural assets and improve development outcomes.
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Angel One reported steady business growth in Q2 2026 despite muted market activity. The client base grew 17.3% year-on-year, and the client funding book increased 40% YoY. Average daily turnover remained stable compared to last year but fell sequentially from the previous quarter.
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The Sensex rose by up to 212 points and the Nifty50 briefly crossed 22,600, driven by strong performances from Kotak Mahindra Bank, Trent, and other major companies. Positive global market trends and record Nasdaq closes influenced the Indian stock market's upward movement.
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West Bengal announces recruitment for 14,454 government posts and launches the Bhagini Nivedita Scheme, providing Rs 50,000 financial aid to unmarried women pursuing higher education. The state also raises allowances for part-time workers and SC/ST students.
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Avenue Supermarts shares dropped 22% over six months as store expansion slowed, raising questions about future growth. Despite healthy revenue in Q2 FY27, investors debate valuation and growth prospects for the retail chain D-Mart.
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In October 2026, India expects four major IPOs including Jio Platforms, Paras Healthcare, Tonbo Imaging India, and SFC Environmental Technologies. These offerings will list on NSE and BSE, with Jio Platforms aiming for a ₹37,700 crore IPO to reduce debt and support growth.
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Karnataka plans to start Artificial Intelligence training for government school students from Class 6, expanding the current program for Class 9. The initiative involves collaboration with the IT department and private partners like Google, alongside other educational reforms.
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NIFTY50 showed a strong recovery on October 5, rising over 200 points from its low but ended with modest gains. The index formed a doji candlestick, indicating uncertainty. Key support and resistance levels and futures data suggest cautious trading ahead of weekly expiry.
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The 57th GST Council meeting, initially set for September 12 and postponed due to the BRICS Summit, is now scheduled for October 8. The meeting will discuss reforms to simplify GST compliance, registration, refunds, and dispute resolution to ease business processes.
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Pension funds globally allocate 2% to 5% of their portfolios to gold for diversification and risk management. Experts suggest retail investors consider 10% allocation to balance volatility protection and long-term growth. Learn how gold fits into investment strategies.
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Trent's standalone revenue grew 23% year-on-year to ₹5,788 crore in Q2 FY27. Zudio, its fast-growing retail brand, opened its 1,000th store during the quarter, marking a significant milestone. The company continues expanding its store network across brands.
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Starting October 8, 2026, ICICI Prudential Midcap Fund caps fresh and additional investments at ₹10 lakh per PAN per day. Transactions exceeding this limit will be rejected. The fund also announced Income Distribution cum Capital Withdrawal (IDCW) for select schemes.
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Jeevan Pramaan is a digital life certificate that helps pensioners verify their proof of life online. In 2026, pensioners aged 80 and above can submit their certificates starting October 1. Learn the rules and process for submitting your life certificate digitally.
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The NASDAQ reached a new record high driven by strong performances from Nvidia and Microsoft, while SpaceX shares surged following successful missions and potential collaborations. The Dow Jones and S&P 500 also posted gains amid rising Treasury yields.
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NIFTY futures rose ahead of weekly expiry, indicating a positive opening for Indian markets. Asian markets mostly gained following the Nasdaq's record close, while key Indian indices ended higher after a four-day decline.
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