Countdown Begins To Budget 2025

It will be the second Budget of the Modi 3.0 government and the eighth straight Budget for Nirmala Sitharaman, rare in Indian polity. IMAGE: Finance Minister Nirmala Sitharaman addresses the Credit Outreach Programme in Madhubani, November 30, 2024. Photograph: ANI

Suven Pharmaceuticals acquires controlling stake in US-based NJ Bio

Suven Pharmaceuticals Limited has acquired a 56% controlling stake in NJ Bio Inc, a US-based Contract Research and Development Manufacturing Organisation (CRDMO) specialising in antibody-drug conjugates (ADC) and other emerging modalities. The investment, valued at ₹535 crore, strengthens Suven’s position

Sai Life Sciences IPO opens next week. GMP, price band, date, valuation, other details of upcoming IPO in 10 points

The initial public offering (IPO) of Sai Life Sciences, a prominent player in small-molecule drug development and manufacturing, is scheduled to open on Wednesday, December 11, 2024, and close on Friday, December 13, 2024. The IPO consists of a fresh

BSE, NSE end marginally lower in highly volatile trade

Benchmark equity indices Sensex and Nifty ended marginally lower in a highly volatile trade on Friday, snapping their five-day rally, after the Reserve Bank of India kept the policy rate unchanged but sharply cut the FY25 GDP growth forecast. After

RBI pegs FY25 inflation at 4.8%; flags food price pressures

The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December

Forex reserves jump $1.51 bn to $658.09 bn

India’s forex reserves increased by $1.51 billion to $658.09 billion for the week ended November 29, the RBI said on Friday. Photograph: Lisa Marie David/Reuters The overall reserves had dropped by $1.31 billion to $656.58 billion in the previous reporting

50 bps CRR cut will unlock Rs 1.16 lakh cr bank funds

To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds. The RBI on May 4,

Garden Reach Shipbuilders, Ramco Systems, Afcons Infrastructure, Subex and more: Top stocks to watch out for on December 6

1 / 11 Garden Reach Shipbuilders | State-run company said it has signed a contract for the construction and delivery of the second 7,500 Deadweight Tonnage (DWT) Multi-Purpose Vessel (MPV) in a series of four additional vessels. The agreement was

Small-cap stock under ₹10 hits 10% upper circuit after fundraising move. Do you own?

Sylph Technologies share price was locked at 10% upper circuit limit of ₹1.27 on Friday, December 6, after the company’s board of directors approved fundraising plans through rights issue of shares. Sylph Technologies shares opened at ₹1.25 apiece as against

GDP growth of 6.5-7% in FY25 is feasible: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran on Thursday said economic activity in some sectors have picked up pace during October-November and a GDP growth of 6.5-7 per cent in the current fiscal is feasible. Photograph: Anushree Fadnavis/Reuters He also said

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