The Securities and Exchange Board of India (SEBI) is considering changes to the calculation of settlement prices for derivatives. Currently, two alternative methods are under review, with a focus on gathering stakeholder feedback. These proposed revisions are designed to address
Indias data centre industry is projected to reach a significant market size of $90 billion by the fiscal year 2035, driven by increasing demand for construction, cooling, and power infrastructure. This growth is largely attributed to the expanding digital economy,
The BRICS nations—comprising Brazil, Russia, India, China, and South Africa—are currently engaged in discussions concerning the use of local currencies for trade settlements. This initiative is focused on reducing transaction costs associated with international trade. As of now, there is
1. Shapoor Mistry Seeks ₹25,000 Crore for Tata Stake Shapoor Mistry, the chairman of Shapoorji Pallonji Group, is reportedly aiming to raise ₹25,000 crore (approximately $3 billion) over the next two years by selling part of his familys stake in
Indias economy demonstrated significant resilience with a GDP growth of 7.8 percent for the April-June quarter, exceeding analysts forecasts. This robust growth can largely be attributed to the strength of the services sector and a surge in exports, which have
The Indian Rupee experienced a decline against the US dollar on Friday, continuing its downward trajectory from the previous day. This depreciation is attributed to several factors, including rising crude oil prices and sustained foreign portfolio outflows, which have placed
Stock Market Recommendations for September 11, 2026 Hitesh Rathi, a Technical Analyst specializing in Equity and Derivatives at Angel One, has identified three stocks as top investment picks for today: Finolex Cables, Adani Ports, and Emmvee Photovoltaic Power. Finolex Cables
Gold prices have experienced a notable recovery from recent lows, trending upward toward the higher end of its short-term trading range. This rebound follows a period of volatility in the market, influenced by factors such as changing economic indicators, inflation
Indias foreign exchange reserves have reached a significant milestone, amounting to $785.706 billion. This increase follows a notable rise observed in the previous week, primarily driven by strong foreign currency assets. The Reserve Bank of India (RBI) has played a
The Reserve Bank of India (RBI) has announced the sale of bonds worth ₹1 lakh crore as the countrys foreign exchange reserves reached a record high of $786 billion. This marks a significant milestone for Indias financial status, bolstering investor
