The National Agricultural Cooperative Marketing Federation of India (Nafed) is stepping up its retail expansion strategy, with plans to establish modern stores across six major cities and develop a network of dark stores.
Shares of Power Finance Corporation (PFC) and REC Limited came under pressure on Thursday after global brokerage Morgan Stanley downgraded both power-sector financing companies.
India’s fixed-income market faced renewed pressure after the Reserve Bank of India’s August policy minutes revealed a more hawkish tone than investors had expected.
Shares of Dhoot Transmission extended their post-listing rally on Thursday, August 20, climbing nearly 6 per cent to touch a fresh 52-week high of ₹1,485 on the NSE.
India’s travel industry is witnessing a noticeable shift towards shorter, more frequent holidays as consumers increasingly use long weekends and festive breaks to plan quick domestic and international trips.
The financial services arm of the Aditya Birla Group will initially open up to 300 gold loan branches by FY27, targeting high-potential markets as competition intensifies in India’s secured lending space
Aluminium futures prices edged lower on Thursday as weak demand in the spot market encouraged traders to trim their positions. The decline remained modest, suggesting that while near-term sentiment has softened.
Asian equity markets rebounded strongly on Thursday, August 20, tracking gains on Wall Street as investors responded positively to softer US Treasury yields and signs of improved liquidity conditions. South Korea led the regional recovery.
Shares of Goodluck India surged nearly 8 per cent in intraday trading on Thursday, August 20, extending gains for the third consecutive session as investors positioned themselves ahead of the company’s upcoming 2:1 bonus issue.