Month: March 2023

Billionaire Anil Agarwal-led Vedanta Ltd said on Thursday that talks of any stake sale in the mining major was “untrue and baseless”, after a media report that the tycoon was … Read More

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after … Read More

Shares opened lower on Thursday, led by IT stocks, after the Federal Reserve reiterated its fight against inflation even as it signalled it might soon pause interest rate hikes and … Read More

Rupee rises 22 paise to 82.37 against US dollar in early trade. NDTV Profit-Latest

Energy transition investments in India already lag behind other major nations, and now the cost of capital is increasing as global interest rates rise, while the Inflation Reduction Act is … Read More

Major stock markets mostly rose Wednesday on soothing worries over the banking sector, according to analysts. This was helping to offset concerns over stubbornly-high inflation which is expected to see … Read More

Hero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month in order to offset the impact of rise in … Read More

British annual inflation unexpectedly accelerated in February despite central bank efforts to tame a growing cost-of-living crisis, official data showed today. The Consumer Prices Index (CPI) rose by 10.4 percent … Read More

Indian shares advanced for a second straight session on Wednesday as concerns over a banking crisis receded further, while investors braced for a crucial interest rate decision by the U.S. … Read More

The speed at which depositors fled Silicon Valley Bank this month – withdrawing $42 billion in 24 hours – has left authorities confronting a new risk: the social media-driven bank … Read More