CashNews.co NEW DELHI (Reuters) – India will retain curbs on investment from nations with which it shares a land border, the finance minister said days after the South Asian country struck a pact with China on patrolling their disputed Himalayan frontier. The deal paves the way to end a four-year military stand-off and improve political […]
Hyundai Motor India’s Stock Declines in Debut After Record IPO #IndiaFinance
CashNews.co (Bloomberg) — Shares of Hyundai Motor India Ltd. slid 7.2% in their Mumbai debut on Tuesday, following the nation’s largest-ever initial public offering that drew poor response from retail investors. Most Read from Bloomberg The stock finished its first trading session at 1,819.60 rupees after shares were priced at 1,960 rupees apiece, the top […]
Indian shares open muted as Bajaj Finance’s gains offset broader profit-taking #IndiaFinance
CashNews.co Oct 23 (Reuters) – Indian shares marked a muted open on Wednesday, as the broader profit-booking amid lacklustre corporate earnings and persistent foreign outflows was offset by gains in Bajaj Finance (BJFN.NS)opens new tab . The NSE Nifty 50 (.NSEI)opens new tab rose 0.1% to 24,487.2 points as of 9:24 a.m. IST, while S&P […]
Discovering 3 Undiscovered Gems In India With Promising Potential #IndiaFinance
CashNews.co The Indian market has experienced a slight dip of 2.1% over the last week, yet it remains robust with a remarkable 42% growth over the past year and an anticipated earnings growth of 17% annually in the coming years. In this dynamic environment, identifying stocks with strong fundamentals and untapped potential can offer promising […]
India likely to be world’s 3rd-largest economy by 2027: FM Nirmala Sitharaman #IndiaFinance
CashNews.co Finance Minister Nirmala Sitharaman on October 21 said India is poised to continue its growth trajectory and is likely to become the world’s third-largest economy by 2027. India currently is the fifth largest economy in the world with a Gross Domestic Product (GDP) of around $3.9 trillion as detailed in a report by the […]
India plans to punish people making hoax bomb threats against flights #IndiaFinance
CashNews.co NEW DELHI (AP) — The Indian government plans a new law to punish those making hoax bomb threats against flights, which disrupt the schedules of airlines and cause massive inconvenience to thousands of passengers. In less than two weeks, more than 120 flights operated by Indian carriers have received bomb threats, the Press Trust […]
India’s Corporate Bond Market Sees Major Activity From Key Players #IndiaFinance
CashNews.co What’s going on here? Indian companies are buzzing with bond activity: SIDBI, Shriram Finance, and others are launching notable bond offerings with varied strategies and yields. What does this mean? India’s corporate bond market is bustling with action as major players like SIDBI and Shriram Finance introduce fresh bond issues. SIDBI has attracted bids […]
India is having a moment in the US #IndiaFinance
CashNews.co Good morning. India is hot right now with U.S. consumers and companies. When Mattel launched its first Diwali Barbie earlier this month, the doll sold out in a day. U.S. retailers like Target, Costco and Walmart are doubling down on products to celebrate the Indian festival of lights, which will begin this year on […]
India’s Bond Market Shows Flexibility In Recent Deals #IndiaFinance
CashNews.co What’s going on here? India’s bond market is bustling, with financial giants like LIC Housing Finance and State Bank of India making significant moves to meet market demand. What does this mean? India’s bond market is showing resilience and adaptability with high-profile issuances. LIC Housing Finance attracted 15 billion rupees for its February 2028 […]
Aptus Value Housing Finance India’s Stock Sees Short-Term Decline, But Long-Term Outlook Remains Positive #IndiaFinance
CashNews.co Aptus Value Housing Finance India, a midcap company in the finance industry, has recently experienced a decline in its stock price, underperforming the sector by -1.53%. However, the stock is still trading higher than its long-term moving averages. In the last 3 days, the stock has fallen by -8.66%, but experts still have a […]