Stock market today: Nifty50 opens above 25,600; BSE Sensex rises over 500 points, crosses 83,300 mark

Stock market today: Nifty50 opens above 25,600; BSE Sensex rises over 500 points, crosses 83,300 mark

👉 Visit the Official SleepLean Website Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex opened in green on Monday on positive global cues following US Supreme Court’s decision to strike down Trump’s tariffs. While Nifty50 was above 25,700, BSE Sensex rose above 83,300. At 9:21 am, Nifty50 was trading at 25,720.40,…

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Finance Commission triples grants to urban local governments

Finance Commission triples grants to urban local governments

Image for representation | Photo Credit: AFP On February 1, Finance Minister Nirmala Sitharaman tabled the 16th Finance Commission report in the Lok Sabha, setting the framework for tax devolution between the Centre and the States. The Commission also recommended an allocation of ₹3.5 lakh crore to urban local governments (ULGs) for the next five…

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IDFC FIRST Bank Chandigarh branch discloses ₹590 crore fraud

IDFC FIRST Bank Chandigarh branch discloses ₹590 crore fraud

IDFC FIRST Bank Ltd, a private sector bank has reported ₹590 crore fraud at one of its branches in Chandigarh. “The aggregate amount under reconciliation across the identified accounts at the above mentioned Branch is approximately ₹590 crore. The impact may be determined based on receipt of further information, validation of claims, recoveries of any…

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Ultra-rich families spend more on private investment firms as fortunes rise

Ultra-rich families spend more on private investment firms as fortunes rise

Anciens Huang | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. As the world’s wealthiest pad their fortunes, they are spending more to run their private investment…

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Traders take stock, expect market mood swings

Traders take stock, expect market mood swings

MUMBAI: Markets are expected to remain volatile during the week as clarity among Dalal Street investors about the US tariffs on goods exported to the world’s largest economy continues to remain elusive. While most market players feel that the rate of tariff on Indian goods will not be much different from what it was earlier,…

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Consumers get a raw deal as global oil price fall benefit remains ‘frozen’

Consumers get a raw deal as global oil price fall benefit remains ‘frozen’

File image for representation | Photo Credit: Reuters The price of petrol sold in India has been reduced 1.9% since June 2022, even as the price of oil has fallen 41.5% since then, an analysis by The Hindu of official data shows. Data from the Petroleum Planning and Analysis Cell (PPAC) shows that the price…

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Coal demand set for uptick on rising power needs: expert

Coal demand set for uptick on rising power needs: expert

After successive months of negative growth in October and November, power demand staged a strong recovery in December with a 6.3 % growth. | Photo Credit: G.N. Rao The country’s coal demand, which had remained weak earlier in the current financial year, is poised for a boost in the coming days on the back of…

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Here’s how it could shape U.S. policy

Here’s how it could shape U.S. policy

Gregory Beard, director of the Department of Energy’s Office of Energy Dominance Financing. Courtesy: U.S. Department of Energy Former Apollo executive and longtime New Yorker Gregory Beard says he wouldn’t have left the private sector for just any job. But opportunity came knocking in the form of Energy Secretary Chris Wright, who tapped Beard to…

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Cost of credit reports for mortgages center of debate. What to know

Cost of credit reports for mortgages center of debate. What to know

Morsa Images | Digitalvision | Getty Images There’s a line item in homebuyers’ closing costs that’s causing a clash in the mortgage industry: the fee for lenders to check borrowers’ credit. While the charges — typically in the tens or hundreds of dollars — represent a tiny slice of the amount that buyers pay when…

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Mattel’s American Girl brand turns 40, dolls enter a new era

Mattel’s American Girl brand turns 40, dolls enter a new era

The original six American Girl historical characters — Kirsten Larson, Samantha Parkington, Molly McIntire, Felicity Merriman, Addy Walker and Josefina Montoya — are displayed at the brand’s flagship store, Luke Fountain The flagship American Girl Place at Rockefeller Center in New York City feels frozen in time. The air smells faintly of vanilla. Young girls…

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