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ACME Solar IPO oversubscribed, strong response from QIBs and retail investors

Reflects investor confidence in renewable energy sector; significant listing gains seen




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Rupee hits all-time low of 84.38

RBI intervenes to manage currency amid global economic challenges



  • Money & Banking

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Non-basmati rice procurement woes in Punjab may force growers to shift to basmati

Farmers who have harvested the fragrant rice are happy despite drop in prices




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NSEL Investors Forum proposes ₹1,950-crore settlement plan

Investors will vote on the one-time settlement plan on Monday




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Ural shipments to India rise 10% in October as refinery maintenance spares more barrels

According to energy intelligence firm Vortexa, India’s crude oil imports from Russia were largely flat on a monthly and annual basis at 1.45 million barrels per day (mb/d) in October 2024, according to energy intelligence firm Vortexa




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Gold extends decline; investors await US data, Fed comments

Spot gold dropped 0.5 per cent to $2,669.22 per ounce, as of 0306 GMT. U.S. gold futures fell 0.7 per cent to $2,675.90



  • Gold & Silver

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Niva Bupa Health Insurance IPO Day 3 Highlights: Niva Bupa IPO subscribed 1.80 times

Niva Bupa Health Insurance IPO, Niva Bupa IPO GMP Updates November 11, 2024: Track Niva Bupa Health Insurance IPO subscription status here




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Rupee falls 1 paisa to all-time low of 84.38 against US dollar in early trade

Meanwhile, the dollar index was trading higher by 0.05 per cent at 105.05




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Alembic Pharma gets USFDA nod for generic heart medication 

The approved medication, therapeutically equivalent to Bausch Health’s Cardizem CD Extended-Release Capsules, is used to treat hypertension and manage chronic stable angina




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ITI emerges lowest bidder for three BharatNet packages; shares up 11 %

ITI was the lowest bidder for the ₹1,537-crore Project 15 spread across Arunachal Pradesh, Nagaland and Manipur




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RBI allows FPIs to reclassify investments above the prescribed limit in a company as FDI

Move aimed at enhancing the ease of doing business, streamlining compliance and attracting foreign investments




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Domestic markets likely to open flat amid mixed global cues; analysts eye fund flows post earnings season

A report from DSP Mutual Fund indicates a shift favouring large-cap stocks over small and mid-caps, as the latter reach high valuation levels




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Asian Paints earnings slump sparks doubt on some quality stocks in India

The emerging view is that likely immigration curbs may no longer hurt tech companies as much as they once did. At the same time, likely tax cuts could leave US companies with a bigger pool of money for discretionary spending, some of which might flow to Indian IT firms




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Crude oil futures trade lower as China stimulus measure fails to boost market 

At 9.57 am on Tuesday, January Brent oil futures were at $71.77, down by 0.08 per cent, and December crude oil futures on WTI (West Texas Intermediate) were at $67.97, down by 0.10 per cent




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Hindalco, Ramco Cements, Sagility India Share Price Highlights November 12, 2024: Ramco Cements stock closes 5% higher, Sagility stock declines 6% on day one of listing

Hindalco, ONGC, Ramco Cements & Ambuja Cements Share Price Highlights; Sagility IPO Listing November 12, 2024




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Rupee falls 2 paise to all-time low of 84.40 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 84.39 against the greenback, then fell further to an all-time low of 84.40, registering a fall of 2 paise over its previous close




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Rosmerta Digital Services IPO to open on Nov 18; eyes ₹206 cr




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Ramco Cements stock gains 5% as Q2 results beat street estimates

Analysts offered mixed reviews; Jefferies issued an underperform rating with a target price reduction from ₹690 to ₹680, while Motilal Oswal maintained a neutral stance with a target of ₹880.




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Negative IOD likely to emerge this month, says Australian weather agency

The weather event may affect India; no signs of La Nina evolving until Feb 2025




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Rupee drops lower, down 1 paisa at fresh all-time low of 84.39 against US dollar

Rupee pressured by continued foreign fund outflows and a firm dollar overseas




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Lack of govt control on retail outlets blamed for soaring onion prices

Rains in Maharashtra delay kharif arrivals; prices likely to drop in a fortnight




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ACME Solar debuts today after IPO oversubscribed 2.75 times

The shares have been priced at ₹289, the upper limit of its price range




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Kolkata doctor rape and murder: Junior doctors’ hunger strike enters 10th day; another protesting medic hospitalised

“A medical staff is in the CCU and his parameters have deteriorated. We have formed a medical board to treat him,” a senior doctor of the NRS Medical College and Hospital told




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West Bengal government’s Durga Puja carnival faces protest heat

The carnival is set to be held very close to the junior doctors’ fast unto death protest site




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Watch: Kolkata rape-murder case: SC questions civic police volunteer scheme, calls it political patronage

What transpired during the proceedings? What were the directions issued by the top court?




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R.G. Kar case: Victim’s parents praise Supreme Court’s intervention on civic volunteers

On October 15, the top court raised questions about the role, hiring process, and authority of the civic volunteers in West Bengal; prime accused Sanjay Roy was a civic volunteer




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West Bengal’s Sundarbans Affairs Minister faces heat from locals over river embankment breach issues

The riverine Sunderbans region of South-coastal Bengal houses a wide network of earthen embankments, which regularly suffer breaches and decay especially during heavy rainfall, storms, and cyclones




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Prime accused behind woman’s death in West Bengal’s Krishnanagar taken into seven-day police custody, SIT formed

The accused youth was arrested today based on a complaint filed by the victim’s family; he was allegedly in a relationship with the deceased victim




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Kolkata tram, suspended during Durga Puja, yet to resume; tram lovers feel it may never come back

Kolkata tram faces uncertain future as court delays decision on resuming services, sparking fears of permanent closure




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Mamata holds meeting with top officials on healthcare infra upgradation amid doctor’s fast-unto-death protest

After the meeting with CM Mamata Banerjee, the Chief Secretary Manoj Pant called for a meeting of principals and MSVPs of all the State-run hospitals




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R.G. Kar issue: Doctors threaten to go on strike in Bengal on Oct 22 if demands not met

Stating that they are in talks with their colleagues in other States, the medics said there may also be a country-wide strike by doctors on Tuesday (October 22, 2024) over the issue




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Mamata Banerjee reaches out to striking junior doctors, meeting scheduled on October 21

West Bengal Chief Minister refuses to accept demand made by protesting doctors seeking removal of State’s Health Secretary




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West Bengal LoP Suvendu Adhikari meets Krishnagar rape and murder victim’s family

BJP leader calls for Central agency probe to ensure transparency and justice; offers legal support for victim’s family




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RG Kar Issue: Junior doctors meeting start with Bengal CM Mamata at state secretariat

"We are looking for a positive outcome from the meeting," said Debasish Halder, one of the agitating junior doctors, as they departed for Nabanna, the state secretariat; 17 junior doctors have gone to meet the CM




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R.G. Kar case: Protesting junior doctors call off hunger strike after meeting Mamata

The two week long hunger strike came to an end after repeated requests from the government. Both parties have agreed to form a task force by March 2025




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Mamata urges PM to address hike in prices of essential medicines

‘It disrupts the accessibility of indispensable treatments, potentially hindering public health outcomes and increasing the burden on the healthcare systems,’ the West Bengal CM said in a letter to the PM




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Relief for Kolkata’s anxious tram employees, enthusiasts as service resumes after long delay

Kolkata tram service, having just three routes with only two functional, resumes after Durga Puja suspension due to traffic congestion concerns




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West Bengal recruitment scam: ED attaches properties worth ₹163 crores

Thousands of recruitments conducted by the West Bengal Central School Service Commission in 2016 were linked to the cash-for-school jobs recruitment “scam”




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BJP’s next big target is to form government in Bengal, says Amit Shah

The Union Home Minister accused the Trinamool Congress government of State-sponsored infiltration and referred to R.G. Kar incident, where a doctor was raped and murdered at a State health facility




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Nagpur Enforcement Directorate attaches assets more than ₹500 crore from various locations

The attached movable and immovable assets valued at ₹503.16 crore is related to a bank fraud case




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CPI(M) open to future alliance with Congress in West Bengal, says Mohammed Salim

Mr. Salim also highlighted that in the upcoming byelections, the Left Front in West Bengal has made seat adjustments considering parties outside the Left Front




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Protests erupt in parts of West Bengal over exclusion of names in Banglar Awas Yojana

Amidst the protests, a notification was issued by the State government suggesting that fresh verification will be made to look into the names of beneficiaries who have been excluded




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Not upset about failing to meet Amit Shah, may get chance later: Parents of R.G. Kar victim

We understand that being the Union Home Minister, he has enormous responsibilities. He must be too hard-pressed to squeeze some time out for us during the day-long visit,” says the mother of the deceased doctor




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Agartala may become KKR's second home ground next year

Under-construction international cricket stadium in Tripura could become KKR’s second home ground for 2025 IPL season




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Junior doctors call for capital punishment in R.G. Kar rape-murder case

Junior doctors in Kolkata demand CBI action and capital punishment for rape and murder case perpetrators, seeking justice




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Bengal Governor calls all stakeholders to stand together against atrocities on women

Apart from Opposition leaders, leaders from the ruling Trinamool Congress too have raised questions over the recent spate of incidents of sexual assault on women in the State




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RG Kar Hospital rape and murder case: Charges framed, trial to start from November 11

The charges against the accused were framed inside the chamber of Additional District Judge Sealdah. Mr. Roy, a civic police volunteer, was the only person charged by the CBI in the case.




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November continues holiday high for West Bengal government employees, students

Educators and government employees varyingly expressed approval and concern regarding the State’s policy with five holidays in November following 13 days’ leave in October




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Canadian experimental films to be in focus at Kolkata-based film festival

The Emami Art Experimental Film Festival, held at the Kolkata Centre for Creativity, will put a spotlight on Canada’s unique contributions to experimental cinema




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‘IIM Calcutta violating reservation policy in hiring faculty members’

Students’ association points to RTI data, says only 2 seats filled by SC and 4 by OBC candidates against sanctioned strength of 18 and 34 respectively