Word of the Day
Repo Rate
It is the interest rate at which the RBI lends money to banks for the short term
When banks need funds, they borrow from the RBI.
If the RBI raises the repo rate, banks have to pay more interest. This in turn, makes loans (home loans, car loans,…
Stocks Updates
Shree Cement: commissioned a 3.65 MTPA clinker unit at its integrated cement plant in Jaitaran, Rajasthan.
Shriram Finance: raised Rs 500 crore via non-convertible debentures maturing in Sept 2028.
Tata Motors: fixed 14 Oct as the record date to allot 1 share for…
Epack Prefab Technologies IPO listed on the stock exchanges at a loss of 9.88% on its issue price and closed 6.54% down at the end of the day
Jain Resource Recycling IPO listed on the stock exchanges at a premium of 14.25% over the issue price and closed 37.09% up at the end of…
News
The RBI kept the repo rate unchanged at 5.5%.
India’s trade agreement with the European Free Trade Association (EFTA) came into force today (1 Oct 2025). It includes a commitment of a $100 billion investments from the EFTA bloc over 15 years and tariff concessions on some…
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Word of the Day
Dividend Payout Ratio
It shows how much of a company’s profit is given to shareholders as dividends
Based on the profits a company earns, it may give dividends to its shareholders. The percentage of profit paid as dividends is called the dividend payout ratio.…
News
The Nifty 50 was reshuffled today (done every 6 months). InterGlobe Aviation (IndiGo) and Max Healthcare were added. Hero MotoCorp and IndusInd Bank were removed.
India’s external debt rose to $747.2 billion in the April-June quarter (vs $736.3 billion in the Jan-March…
#IPOAlert
Anand Rathi IPO listed on the stock exchanges at a premium of 4.35% over its issue price and closed 7.62% up at the end of the day.
Seshasaai Technologies IPO listed on the stock exchanges at a premium of 2.13% over its issue price and closed 2.73% down at the end of…
Stocks Updates
BHEL: received an order (Rs 13,000 crore to Rs 15,000 crore), from the M.P. Power Generating Company to build two 660 MW supercritical thermal power units in Madhya Pradesh.
REC: incorporated 2 new subsidiaries, Kempegowda Power Transmission (in Karnataka) and…
Word of the Day
Special Economic Zone (SEZ)
It is an area where businesses get special benefits and relaxed rules compared to the rest of the country
Companies that are situated in SEZs enjoy tax breaks, simpler regulations, and better infrastructure.
The aim is to attract…
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