All You Need To Know By NDTV Profit

NDTV Profit Exclusive: Tata Sons may consider setting up all financial services businesses under a new holding company; India's non-life insurers witnessed a dip in revenue in February, while standalone private health insurers' growth outpaced that of general insurers; Dharavi Redevelopment Project will begin a data-collection survey of lakhs of informal tenement residents of Dharavi on March 18;...

India signs a trade deal with four European nations –Switzerland, Norway, Iceland and Liechtenstein; Strong numbers reported for the mutual fund industry in February with equity inflows rising to a 23-month high despite slight moderation in inflows into small and midcap funds; Life insurers saw strong revenue growth in February; SEBI issues regulations allowing creation of small and medium Real Es...

Federal Reserve Chair Jerome Powell gives testimony to U.S. lawmakers saying that the central bank is in no rush to cut rates until policymakers are convinced that they have won their battle over inflation; SEBI has launched a settlement scheme for entities trading high-risk stock options on the BSE, entities involved in reversal trades between April 1, 2014, and Sept. 30, 2015, can settle pending...

The RBI refuses to slow down on regulatory action: Tuesday evening it directed JM Financial to stop any form of financing against shares and debentures with immediate effect; Paytm founder Vijay Shekhar Sharma has voiced confidence that his company will overcome regulatory setbacks this year and stage a comeback as a stronger company; The Open Network for Digital Commerce will soon levy a marginal...

Tata Motors announced yesterday its plans to demerge its commercial and passenger vehicle businesses into two listed entities; The RBI has directed IIFL Finance to stop disbursing gold loans with immediate effect and has barred the company from securitising or selling them; The SBI has filed a plea before the Supreme Court seeking an extension of its March 6 deadline to furnish data pertaining to...

OPEC+ extends production cuts by four months in a bid to avoid a global surplus and shore up prices, the curbs will result in output being decreased by 2 million barrels a day; Apple India is set to clock over Rs 70,000 crore revenue in the fiscal year ending March becoming the second electronics brand to achieve this milestone after Samsung; Nasscom Chairman Rajesh Nambiar says workers in the bus...

India’s economy beats its own record, #GDP grows at 8.4% in third quarter; SEBI asks mutual funds to do stress test of every small and mid-cap scheme; Yes Bank likely to acquire Paytm’s merchant accounts. ...All this and much more on your daily podcast by Agam Vakil and Niraj Shah.

SEBI has asked mutual funds to protect investors as small and midcap funds see their valuations shoot up; Reliance Industries and Disney's India unit have agreed to merge their media businesses which will result in a Rs 70,000 crore business but could also draw the attention of the Competition Commission of India; The National Stocks Exchange has revised their methodology for the inclusion of stoc...

Vodafone Idea's board approves a fundraising plan of Rs 20,000 crore via equity as it hunts for new investors to fully rollout 5G; Zee Entertainment Enterprises expands scope of independent advisory committee to review the allegations levelled by regulators and other parties; The Supreme Court restrains Patanjali Ayurved from advertising medicinal products manufactured and marketed by it that aim...

Paytm founder and CEO Vijay Shekhar Sharma resigns from the board of Paytm Payments Bank, One97 Communications also withdraws its nominee Bhavesh Gupta from the bank's board as a director and board member; Government says it has achieved 80% of its capital expenditure outlay as of early February and is on track to meet its revised outlay; SEBI says Essel Group's chairman Subhash Chandra is 'not co...

Disney and Reliance Industries have signed a binding pact to merge their media operations in India, according to media reports; The latest Household Consumption Expenditure Survey shows that India’s poorest households have seen their per-capita spending grow faster than better-off households in the last decade, although on a lower base; Byju Raveendran in a letter to employees on Saturday denied m...

Nvidia rallies 16% to carry every U.S. market index to an all-time high; India's Monetary Policy Committee minutes show that officials are in no rush to change repo rates at the moment but external member JR Verma disagrees saying he doesn't believe such a high rate is required to drive inflation to 4%; Vodafone Idea plans to consider a fundraising proposal through multiple instruments in a board...

Minutes of the last Federal Open Market Committee showed that officials are concerned over moving too quickly to cut interest rates; an NDTV Profit Exclusive: Hindustan Zinc is planning to spin off its business into two: one each for its zinc or lead and silver units; Paytm has shifted its nodal account to Axis Bank by opening an escrow account; SEBI might issue a show cause notice to Zee Entertai...

Tech stocks in the U.S. drag the nation's markets away from all-time highs even as traders await Nvidia's earnings report; India's benchmark indices ended higher for the sixth day in a row with the Nifty50 ending on a record high for the second time in a row; Hindalco's wholly-owned U.S. subsidiary Novelis files confidentially for IPO...All this and more on your daily podcast with Agam Vakil.

Indian markets continue to break records; NBCC wins order worth Rs 369 crore from multiple clients; Torrent Power to invest Rs 25,000 crore in Uttar Pradesh... All this and much more on your daily podcast by Agam Vakil.

Novartis AG initiates strategic review of Novartis India amid reports of putting India business on the block; RBI extends deadline for Paytm Payments Bank restrictions to March 15; Hero MotoCorp expects domestic two-wheeler industry to see double-digit revenue growth next financial year; Qatar says negotiations over Gaza cease-fire ‘not positive’...All this and much more on your daily podcast by A...

Trade growth in January weathers Red Sea turmoil, bilateral talks inch ahead; RBI cracks the whip again, asks Visa to stop commercial card based business payments; Recession is not bad news for Japan’s stock markets - Nikkei rises 1.2% closes above 38000 for the first time since 1990...All this and much more on your daily podcast by Agam Vakil and Niraj Shah.

Paytm says it received notices from ED; Hindustan Unilever plans to partner with Andhra Pradesh government for production of palm oil; NSE will conduct two special live trading sessions on March 2; Japan’s economy unexpectedly contracted for a second quarter at the end of 2023...…All this and much more on your daily podcast by Alex Mathew and Agam Vakil.

The U.S. consumer price index rose more than forecast in January, both on a monthly and annual basis, core inflation came in hotter than expected; Wall Street saw sharp cuts with Dow Jones dropping over 500 points while the S&P 500 and Nasdaq declined 1.4% and 1.8% respectively; India and UAE conclude a bilateral investment agreement and signed cooperation agreements in electric interconnectivity,...

Nvidia overtakes Amazon in market capitalisation at $1.78 trillion; U.S. stocks climb ahead of data expected to underscore further disinflation; MSCI adds four Indian stocks to its Emerging Markets Index in its February review; Asian markets return to trade after a long weekend; Indian markets see sell-off led by PSU stocks as bulls find no fresh triggers to keep prices high... All this and more o...

RBI may consider reviewing February 29 deadline for Paytm Payments Bank, if adequate customer deposits are not withdrawn; All three of India's oil refiners are in talks with Rosneft Oil to secure long-term supplies of Russian crude; EPFO has fixed the interest rate on deposits at 8.25% for the current financial year; LIC receives income tax refund order worth Rs 25,464 crore, and it is likely to b...

Finance Minister Nirmala Sitharaman tabled a white paper on the Indian economy, highlighting the BJP-led NDA government's achievements in the past decade since it came to power; India is trying to end a moratorium on countries taxing electronic trade, a move that would allow tariffs to be imposed on anything from software downloads to video games; SEBI has asked several guests on Zee Business to r...

All eyes on the Monetary Policy Committee's decision on interest rates, with markets expecting no change in the status quo of the RBI's key lending rate; SEBI has come out with a proposal to relax timelines for disclosure of material changes by foreign portfolio investors; India's pharmaceutical sector reported healthy growth in January on a low base despite flat volume growth; Life insurers saw a...

Paytm's Vijay Shekhar Sharma meets FM, but told to deal directly with RBI; Tata Group market cap crosses Rs 30 lakh crore; Max Life Insurance gets IRDAI nod to raise capital worth Rs 1,612 crore; Bloomberg reported that the Houthis said they targeted two ships in the southern Red Sea, the latest in several attacks . ...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

BJP to get 370 seats, NDA over 400, says Prime Minister Narendra Modi; U.S. stocks fell after data showed the Institute for Supply Management’s services gauge hit a four-month high; NCLT to hear Zee-Sony merger plea today;U.S.-based asset management firm Vanguard cuts Ola's valuation to below $2 billion; Hyundai is looking to raise at least $3 billion through an IPO later this year. ...All this an...