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Amid US sanctions on Russian supply, India's purchases of crude oil from Latin America and Africa increased in February.
Following the imposition of sanctions by Western countries on Moscow for its 2022 invasion of Ukraine, India emerged as the largest...

Money Bhai
Mar 131 min read


Sensex drops for the fifth straight session
Following weak global indications, the benchmark Indian stock market, the Sensex, finished Thursday, March 13, in the negative for the...

Money Bhai
Mar 131 min read


The value of Nifty IT drops 21% from its peak and enters a bear market, wiping off Rs 8.4 lakh crore.
Following the steep decline in the previous session, the Nifty IT index, the benchmark for information and technology equities, has...

Money Bhai
Mar 131 min read


U.S. stocks fluctuated due to uncertain tariffs and weak inflation statistics.
As investors evaluated a lower-than-expected inflation number and watched the swift changes in President Donald Trump's tariff proposals,...

Money Bhai
Mar 121 min read


The AUM of mutual funds fell 4% in February, the biggest in over three years.
Even though the industry's assets are close to Rs 10 lakh crore more than they were a year ago, the net assets under management fell by...

Money Bhai
Mar 121 min read


India's "high" tariffs are criticized by the US: "100% on agricultural products, 150% on American alcohol."
Trump has frequently criticized India's tariff policy, saying that after pressure from the US, New Delhi agreed to lower some charges....

Money Bhai
Mar 121 min read


"India is our best-performing market globally," said Stephen Schwarzman, CEO of Blackstone.
Schwarzman said Blackstone aims to double its total exposure in India to $100 billion in the future

Money Bhai
Mar 121 min read


According to AMFI data, net equity inflow decreased by 26% to Rs 29,303 crore in February due to a market selloff.
According to February mutual fund data, net inflows into open-ended equity funds fell to a 10-month low but continued to be positive for...

Money Bhai
Mar 121 min read


Following the IndusInd Bank scandal, the RBI begins an industry-wide investigation of derivative positions.
After IndusInd Bank revealed irregularities in the accounting of currency derivatives, the Reserve Bank of India (RBI) started reviewing...

Money Bhai
Mar 121 min read


Today's gold price: Trump's tariff flare causes the MCX gold rate to reclaim its 86,000 top. Focus on the US dollar
The MCX gold rate rose and remained over ₹86,000 per 10 gm after US President Donald Trump's tariff flare. The MCX gold rate saw slight...

Money Bhai
Mar 121 min read


The share price of IndusInd Bank continues to plummet; in six consecutive sessions, the banking company loses 38% of its market capitalization.
The price of IndusInd Bank's stock fell more than 7% on Wednesday, continuing its steep decrease for the sixth day in a row. On the BSE,...

Money Bhai
Mar 121 min read


Jio and SpaceX reach an agreement to introduce Starlink's internet services in India.
On March 12, Reliance Jio announced that it has reached an agreement with SpaceX, owned by Elon Musk, to introduce Starlink's internet...

Money Bhai
Mar 121 min read


Fears of a recession cause U.S. markets to decline as Trump imposes more tariffs on Canada.
Even though there are growing concerns that President Donald Trump's trade policies could lead to a recession, U.S. stock indexes fell in...

Money Bhai
Mar 111 min read


According to Morgan Stanley, the Indian market appears appealing and is expected to regain lost territory by 2025.
Indian stocks are seen favorably by international brokerage firm Morgan Stanley, which anticipates that they will regain ground against...

Money Bhai
Mar 111 min read


For Rs 2,250 crore, TCS would purchase a 100% share in Darshita Southern India Happy Homes.
In an exchange filing on March 11, TCS said that it would pay Rs 2,250 crore to acquire all of the equity shares of Darshita Southern...

Money Bhai
Mar 111 min read


As the trade war heats up, Donald Trump boosts tariffs on Canadian steel and aluminum to 50%.
Trump claims that the higher tariffs, which are scheduled to go into effect on Wednesday, are a reaction to the price hikes that the...

Money Bhai
Mar 111 min read


As IndusInd Bank's share price plummets 27% to an almost five-year low, LIC loses ₹965 crore.
The share price collapse of IndusInd Bank caused a hole in the portfolio of Life Insurance Corporation (LIC), the largest life insurer in...

Money Bhai
Mar 111 min read


Coinbase registers with FIU to provide cryptocurrency trading services in India later this year.
Global crypto exchange As part of its plan to expand internationally, Coinbase has registered with the Financial Intelligence Unit (FIU)...

Money Bhai
Mar 111 min read


Elon Musk's Starlink will be available in India through Bharti Airtel, which has partnered with SpaceX.
According to the exchange filing on the BSE, telecom giant Bharti Airtel said on Tuesday, March 11, that it has inked a deal with Elon...

Money Bhai
Mar 111 min read


As real estate, oil, and gas stocks rise, the Sensex closes slightly lower, the Nifty is close to 22,500, and IndusInd Bank plummets 27%.
On March 11, benchmark indices the Nifty and Sensex pulled off a spectacular afternoon recovery after a rocky start, finishing close to...

Money Bhai
Mar 111 min read
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