The shares of InterGlobe Aviation-owned IndiGo have zoomed 7.9% in just 2 days to hit their new all-time high of Rs 5,187 on the BSE after the airline company shared its ambitious roadmap for FY30. IndiGo, in its investor presentation, shared that it anticipates carrying 118 million passengers in FY25, with early double-digit growth projected…
READ MORE(The author is Founder & Head of Institution, Arihant Capital Markets Ltd)The Integrated Energy Policy of India estimates the share of nuclear power in the total primary energy mix to be between 4% and 6.4% in various scenarios by the year 2031–32. A study by the Department of Atomic Energy (DAE), estimates that the nuclear…
READ MOREWall Street rallied sharply and Treasury yields fell on Wednesday as investors bet that the Federal Reserve will look through rising price pressures and continue cutting interest rates this year, after new projections showed that officials now expect lower growth and higher inflation. While the median projection of two more rate cuts this year is…
READ MOREThe Bank of England looks set to keep interest rates on hold on Thursday as it awaits the impact on the economy of U.S. President Donald Trump’s trade tariff onslaught and of the British government’s imminent tax hike for employers. With UK inflation stuck firmly above its 2% target, the BoE has cut borrowing costs…
READ MOREThe Federal Reserve said on Wednesday that starting next month it will slow the pace of its balance sheet drawdown amid an ongoing impasse over lifting the government’s borrowing limit, a shift that will likely hold for the remainder of the process. The announcement came as part of a Federal Open Market Committee meeting that…
READ MOREForeign holdings of U.S. Treasuries held steady in January from the previous month, rising from levels a year earlier, data from the Treasury Department showed on Wednesday, suggesting demand for government debt in the world’s largest economy remained intact. Holdings of U.S. Treasuries tallied at $8.526 trillion in January, unchanged from the previous month. Compared…
READ MOREThe US stock market rallied on Friday after days of pain brought on by Trump’s trade war. Markets cheered after Sen. Chuck Schumer said he’d support a GOP spending bill. It means a government shutdown will likely be averted, delivering investors much-needed good news. After days of pain brought on by President Donald Trump’s trade…
READ MOREBharat Petroleum Corporation Ltd (BPCL) shares rose 1.6% to a high of Rs 266.35 on the BSE on Wednesday after the company announced a partnership with BluJ Aerospace and KPIT Technologies for various projects. Additionally, BPCL launched the ‘Emerge’ cohort under the BPCL Ankur Fund to support startups. Here are the details: BPCL partners with…
READ MOREJK Lakshmi Cement shares will be in focus on Wednesday after the company received a Rs 45.6 crore demand from the Income Tax Department for the assessment year 2022-23. The firm disclosed in a regulatory filing that it received the assessment order on March 18, 2025. “In the said order, the income tax officer has…
READ MOREIndian benchmark equity indices traded flat on Wednesday as gains in metal stocks, following the government’s recommendation of a temporary tax on certain steel imports, offset losses in IT stocks ahead of the Federal Reserve’s policy decision. The BSE Sensex was trading 34 points, higher at 75,335. The Nifty50 was up 15 points, trading at…
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