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Rudrabhishek Enterprises Limited (REPL), an integrated urban development and infrastructure consultancy firm, has received registration for Small and Medium Real Estate Investment Trusts (SM REITs) from the Securities and Exchange Board of India (SEBI). The approval was granted to ImpactR SM REIT, making it the second SM REIT in India to receive registration under the new regulations.

stocks after its strong revenue forecast signaled robust demand for the hardware used to power generative AI technology. The company, whose high-bandwidth memory chips (HBM) are used in Nvidia's popular artificial intelligence processors, could potentially add more than $19 billion to its market value.

international trade settlement and digital payments, trade and investment in the Suez Canal Economic Zone (SCEZ), and transport and trade disputes as areas of focus, the government said Thursday after the sixth Session of India-Egypt Joint Trade Committee (JTC). New Delhi also said that necessary approvals for signing the MoU on cooperation between National Small Industries Corporation (NSIC) of India and MSME Development Agency (MSMEDA) of Egypt have been obtained. Pharmaceuticals and health sector, gems & jewelry, engineering goods, petroleum and mining, MSME Sector, customs matters, services sector, IT services, electronics manufacturing, apparel manufacturing, renewable energy – green hydrogen and

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Jeffrey Gogo is a journalist with 20 years of experience in business, finance, cryptocurrency, and climate change news and analysis.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Indian rupee closed weaker on Thursday as importer and interbank dollar bids outweighed cues from a rise in most Asian currencies, ahead of closely watched remarks from Federal Reserve Chair Jerome Powell. The rupee closed at 83.6425 against the U.S. dollar, down from its close at 83.5925 in the previous session.

Subscribe to enjoy similar stories. MUMBAI : Sometimes corporates are better off raising money when they can rather than when they need. Punjab National Bank Ltd (PNB), India’s second-largest public sector bank after State Bank of India Ltd (SBI) in terms of total business and deposits, seems to have followed that logic.

World shares have surged following reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks and provide other fiscal support for the economy

HDFC Bank could report a subdued 6% growth in profits in the September quarter, Macquarie Capital said in a note on Thursday. According to Macquarie, profit after tax could grow at 6% on year at Rs 16,900 crore. The weak profit expectation is due to expectation of higher tax outgo. «Profit seems likely to be weak mainly on account of a higher tax rate and lower treasury profits,» said Suresh Ganapathy, Head of financial services research at Macquarie Capital.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Sabyasachi Majumdar, Senior Director, Care Ratings, says one of the beneficiaries of the new National Electricity Plan would be the transmission companies.There will be a lot of projects for them to take up. But apart from that, the beneficiaries will be the suppliers to the transmission network, which will basically be the equipment manufacturers, people who make the lines, conductors, cables, transformation equipment, switchyards, and switchgears, plus the EPC contractors who are going to string up all these lines and set up all these capacities. So, it will have a broad-based impact across the large segment of the electrical engineering industry. Is the National Electricity Plan really a fresh announcement coming in or is this something that was budgeted for and talked about already and you guys were factoring it in the capex lined up for the coming years? Sabyasachi Majumdar: The power demand has been fairly buoyant after the recovery from COVID and it has been growing at a high single digit. Basically, it can be considered a continuation of the current trend. Right now, peak demand is somewhere around 250 gigawatt and the government expects it to go up to about 458 gigawatt up to 2032, which basically represents CAGR of about 7% to 8% per annum, which is more or less in line with what we have been seeing in the past. So, it is pretty much based on that.

Havells India Ltd. traded 3.09 per cent down at Rs 1997.45 at 01:59PM (IST) on Thursday, even as BSE benchmark Sensex gained 253.0 points to 85422.87. The stock had settled at Rs 2061.15 in the previous session. The stock quoted a 52-week high price of Rs 2104.95 and 52-week low of Rs 1233.1, respectively. As per BSE data, total traded volume on the counter till 01:59PM (IST) stood at 13708 shares with a turnover of Rs 2.77 crore.

Indian Energy Exchange (IEX) hit a 52-week high of Rs 244.40 on September 24. However, the stock has since dropped 15%, approaching its key support level at Rs 200. The fall was witnessed after reports of implementation of market coupling for power exchanges either by the end of the current fiscal year or the start of FY26 came out, which is anticipated to hit the market dominance of IEX.

Subscribe to enjoy similar stories. Two decades of climate policy have delivered shockingly little impact—a negligible reduction in global emissions. A new study paints a bleaker picture: only 4% of policies—63 out of 1,500—made any substantial difference.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Abbott India Ltd.(up 0.79 per cent), Sun Pharmaceutical Industries Ltd.(up 0.73 per cent), Granules India Ltd.(up 0.57 per cent), Dr. Reddy's Laboratories Ltd.(up 0.56 per cent) and J B Chemicals & Pharmaceuticals Ltd.(up 0.48 per cent) were among the top gainers.

Bharat Electronics Ltd. traded at Rs 289.9 on BSE at 10:40AM (IST) on Thursday, up 0.01 per cent. The stock quoted a 52-week low price of Rs 127.0 and a high of Rs 340.35. Earlier in the day, the stock saw a gap up opening.

Nifty closed positively after two days of consolidation. In the last trading session, it consolidated in the first half; however, it witnessed a strong recovery in the second half, allowing it to close above the 26,000 level. “Technically, the Index has been forming higher tops and bottoms and now on an immediate basis, 25,800 is the support whereas 26,200 is the immediate target which is the upper end of the rising channel,” said Jay Thakkar, Vice President & Head of Derivatives and Quant Research at ICICI Securities.

Au Small Finance Bank Ltd. traded 0.22 per cent up at Rs 732.55 at 10:45AM (IST) on Thursday, even as BSE benchmark Sensex gained 237.68 points to 85407.55. The stock had settled at Rs 730.9 in the previous session. The stock quoted a 52-week high price of Rs 813.0 and 52-week low of Rs 554.0, respectively. As per BSE data, total traded volume on the counter till 10:45AM (IST) stood at 5991 shares with a turnover of Rs 0.44 crore.