Arvind Panagariya urges RBI to let rupee depreciate beyond 100 per dollar

Arvind Panagariya urges RBI to let rupee depreciate beyond 100 per dollar

Arvind Panagariya has advised the RBI to allow the rupee to depreciate naturally instead of aggressively defending the ₹100-per-dollar level amid rising oil prices and external pressures. | Photo Credit: SANDEEP SAXENA Economist Arvind Panagariya has urged the Reserve Bank of India not to allow the “psychology” surrounding the rupee breaching the 100-per-dollar mark to […]

Stock Market Live May 21: Sensex trims gains after 500-point jump; Nifty above 23,700

Stock Market Live May 21: Sensex trims gains after 500-point jump; Nifty above 23,700

Q4 Results 21st May Live: LIC, ITC, Max Healthcare, LG Electronics, GAIL India, Aurobindo Pharma, Welspun Corp, Sun TV, JSW Cement, Dr Agarwals, Honasa Consumer, Reliance Power, WeWork, Ramco Systems to announce Q4 results, Grasim Industries, Ola Electric, Honeywell Automation, Bosch, Apollo Hospitals, Lenskart, Samvardhana and more in focus Q4 Results Today, 21st May 2026 […]

SEBI proposes easing third-party payment norms in mutual funds

SEBI proposes easing third-party payment norms in mutual funds

SEBI has also proposed permitting AMCs to pay trail commissions, or part thereof, to empanelled mutual fund distributors in the form of mutual fund units The Securities and Exchange Board of India (SEBI) on Wednesday proposed easing restrictions on third-party payments in mutual funds by permitting such transactions in select cases, including salary deductions by […]

US issues 30-day licence for stranded Russian oil shipments

US issues 30-day licence for stranded Russian oil shipments

U.S. Treasury Secretary Scott Bessent said the move is aimed at improving market flexibility, stabilising crude flows, and ensuring supplies reach energy-vulnerable countries. | Photo Credit: TOM NICHOLSON U.S. Treasury Secretary Scott Bessent said on ‌Monday that the United States is ⁠issuing a 30-day general license to provide temporary access ‌to Russian oil stranded at […]

Stock Market Today Live: Sensex sinks over 800 points, Nifty below 23,400 amid Iran war fears

Stock Market Today Live: Sensex sinks over 800 points, Nifty below 23,400 amid Iran war fears

In one line 📌 Q4 delivered a transformational ~162% YoY revenue jump driven by the consolidation of newly-acquired CrudeChem Technologies (US oilfield specialty chemicals); however, blended EBITDA margins compressed sharply as the lower-margin CrudeChem business diluted the legacy textile chemicals profile. PAT more than doubled in Q4 on a lower effective tax rate, while FY26 […]

Paramotor Digital Technology files confidential draft papers with SEBI for IPO

Paramotor Digital Technology files confidential draft papers with SEBI for IPO

According to sources, Motilal Oswal Investment Advisors and Equirus Capital are the book-running lead managers to the issue. Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator SEBI for an initial public offering (IPO), according to a public notice issued by the company. The company submitted its […]

Muthoot fincorp approves ₹4,000 crore IPO amid strong q4 profit growth

Muthoot fincorp approves ₹4,000 crore IPO amid strong q4 profit growth

The move comes after the company reported a 204% year-on-year jump in Q4 standalone net profit to ₹584 crore, reflecting strong financial performance. Muthoot FinCorp Ltd’s (MFL) Board of Directors on Saturday approved an initial public offering (IPO), comprising a fresh issue of equity shares aggregating up to ₹4,000 crore. The non-banking finance company’s board […]