Market News Top 10 News RBI Raises Repo Rate by 50 bps to 5.4% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI raises repo rate by 50 bps to 5.4% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has raised the repo rate by 50 basis points to 5.4% to bring down inflation in the country. “The MPC also […] Written by Cherian Varghese August 5, 2022August 5, 2022
Market News Top 10 News HDFC Bank to Acquire 4.99% Stake in HDFC ERGO – Top Indian Market News HDFC Bank to acquire 4.99% stake in HDFC ERGO HDFC Bank Ltd will acquire a 4.99% stake (or 3.56 crore shares) in HDFC ERGO General Insurance Co. from its parent company Housing Development Finance Corp. Ltd (HDFC). The Board of Directors of HDFC Limited has approved the sale of these shares at Rs 536 per […] Written by marketfeed Team June 19, 2021April 21, 2022
Market News Top 10 News JSW Steel Output Rises 10% to 13.67 LT in May – Top Indian Market News JSW Steel output rises 10% to 13.67 LT in May JSW Steel Ltd reported a 10% YoY growth in crude steel production to 13.67 lakh tonne (LT) in May 2021. The company had produced 12.48 LT steel during the same month last year. Its output of flat-rolled products increased by 10% YoY to 9.99 LT […] Written by marketfeed Team June 10, 2021April 21, 2022
Market News Top 10 News Tata Power Solar Secures Contract from NHPC – Top Indian Market News Tata Power Solar secures contract worth Rs 188 crore from NHPC State-owned NHPC Ltd has awarded an EPC (engineering procurement, and construction) contract worth Rs 188.19 crore to Tata Power Solar Systems (TPSS) to set up a 40 megawatt (MW) solar power project at Ganjam, Odisha. The contract also includes work of associated 220 KV […] Written by marketfeed Team May 25, 2021April 21, 2022
Market News Top 10 News Tata Power to Develop 60 MW Solar Project in Gujarat – Top Indian Market News Tata Power receives order to develop 60 MW solar project in Gujarat Tata Power Limited has secured an order to develop a 60 megawatt (MW) solar project for Gujarat Urja Vikas Nigam Ltd (GUVNL). The energy will be supplied to GUVNL under a power purchase agreement (PPA), which is valid for 25 years from the […] Written by marketfeed Team March 30, 2021April 21, 2022
Market News Top 10 News RBI Keeps Policy Rates Unchanged; Projects GDP Growth at 10.5% in FY22 – Top Indian Market News RBI keeps policy rates unchanged; projects GDP growth at 10.5% in FY 2021-22 The Monetary Policy Committee (MPC) of the Reserve Bank of India has decided to keep the repo rate unchanged at 4%. The reverse repo rate will remain unchanged at 3.35%. The MPC has projected gross domestic product (GDP) to grow at a […] Written by marketfeed Team February 5, 2021April 21, 2022
An Analysis of India’s Green Hydrogen Industry India has announced plans to de-carbonize within the next 30 years. The government has taken strategic decisions to reduce the reliance on fossil fuels and cut down costly imports. Our country’s target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022 has received a significant boost through new policies. As part of these […] Written by Cherian Varghese July 1, 2022July 2, 2022
Why RBL Bank’s Share Price is Down 60% this Year? RBL Bank’s share price has tanked by nearly 60% in a year and ~30% in the second week of June! The bank’s top-level management, financials, and asset quality are being questioned. In this piece, we figure out what led to the price crash and if India’s central bank could possibly recover RBL Bank’s damaged share […] Written by Maarg Vaidya June 28, 2022June 28, 2022
What’s Happening at Yes Bank? Scandal-ridden Yes Bank has been all over the news lately. It has initiated the process to form a new Board of Directors. The private sector bank seeks to exit from the reconstruction scheme devised for its rescue in 2020. It has reported a positive momentum in overall business and even claimed to regain the trust […] Written by Cherian Varghese June 14, 2022June 14, 2022
