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Assam CM Reveals in Assembly Session That Zubeen’s Death Was Murder, Not Accident
25 Nov

Assam CM Reveals in Assembly Session That Zubeen’s Death Was Murder, Not Accident

Sonakshi SarkarBreaking News
Assam Chief Minister Himanta Biswa Sarma on Tuesday made a sensational statement in the Assam Legislative Assembly, asserting that legendary singer Zubeen Garg’s death during a yacht trip to an island in Singapore was not ‘culpable homicide’ but “murder.”Replying to an adjournment motion moved by the Opposition, Sarma said that based on preliminary information, the Assam Police had ruled out culpable homicide and had no doubt it was a case of murder. which is why, Section 103 of BNS was added to the case within three days of his death.“The state police, based on preliminary information, was sure that this…
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USD vs INR: Why is rupee nosediving?
25 Nov

USD vs INR: Why is rupee nosediving?

Purbalee DuttaBreaking News
The Indian rupee recovered slightly on Monday after a steep fall on Friday, supported by strong intervention from the Reserve Bank of India to curb volatility. The currency traded at 89.16 per U.S. dollar on November 24, gaining 0.35% in a day after briefly touching a record low of 89.48 last week, close to the key 90-per-dollar mark. Reports suggest the RBI sold dollars in both the order-matching system and the non-deliverable forward market to stabilize sentiment. The rupee had slipped past 88.80 on Friday—a level market participants believe the RBI had been protecting for some time—renewing downward pressure that…
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Rupee bounces back on RBI intervention
24 Nov

Rupee bounces back on RBI intervention

Purbalee DuttaBreaking News
The Indian rupee strengthened on Monday, recovering from Friday’s record low, helped largely by what traders believe was early intervention from the Reserve Bank of India. By 10:20 a.m. IST, the rupee was trading at 89.1625 per dollar, up 0.3 percent from its previous close, after having fallen to an unprecedented 89.49 on Friday. According to traders, the RBI likely stepped in before domestic markets opened, enabling the currency to pull back from its steep decline. The sharp fall late last week surprised markets, especially after the central bank stopped defending the 88.80 level, a threshold it had protected for…
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Tension grips Manipur as IDPs attempts to march to their native homes
22 Nov

Tension grips Manipur as IDPs attempts to march to their native homes

Sonakshi SarkarBreaking News
Tension gripped Phugakchao Ikhai in Bishnupur district of Manipur today after a large group of internally displaced persons (IDPs) from , Torbung Bangla and several abandoned villages attempted to return to their native homes.Security forces stopped the march and fired tear gas shells to disperse the crowd after the situation turned volatile.The displaced families, belonging to Churachandpur district and areas of Bishnupur district bordering Churachandpur, gathered in large numbers demanding safe passage to their original settlements.Security personnel prevented them from proceeding beyond Phugakchao Ikhai, the last permissible point for the Meiteis.One protester said the IDPs decided to march because the…
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Rishabh Pant Calls Barsapara Stadium ‘Deeply Special’ Ahead of First Test as Captain
21 Nov

Rishabh Pant Calls Barsapara Stadium ‘Deeply Special’ Ahead of First Test as Captain

Sonakshi SarkarBreaking News
India’s Test captain Rishabh Pant on Wednesday said that Guwahati’s Barsapara Cricket Stadium holds a “deeply special” place in his career, as he prepares to lead the national team in a Test match there for the first time. Pant noted that his international journey in limited-overs cricket began at this very venue, making his return as Test captain even more meaningful. “Barsapara has always been special for me. My ODI career started here, and now my first Test match as captain will also be played at this stadium,” he said.The historic Test, scheduled to begin tomorrow, has generated considerable excitement…
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Multibagger stock in making?
19 Nov

Multibagger stock in making?

Purbalee DuttaBreaking News
Billionbrains Garage Ventures, the parent of online brokerage Groww, continues to ride a strong bullish trend, with the stock rising for the fifth straight session since listing last week. Groww jumped another 11% to ₹193.91, taking IPO investors’ gains to nearly 94%. The stock had already ended its debut day with about 31% upside over the issue price. On November 17, Groww rallied 20%, pushing its market capitalisation past ₹1 lakh crore — a milestone achieved by only about 100 of nearly 5,000 listed companies in India. However, analysts are beginning to question whether this sharp upmove is sustainable. Groww’s…
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Bitcoin hits seven-month low!
18 Nov

Bitcoin hits seven-month low!

Purbalee DuttaBreaking News
Bitcoin, the world’s largest cryptocurrency, has come under renewed pressure, slipping below $90,000 on November 18 for the first time in seven months. This steep decline has reignited debate over whether the drop is simply a temporary correction or the early phase of a new four-year cycle that could lead to a deeper, prolonged downturn. The token has erased all its 2025 gains and is now nearly 30% lower than its October peak of more than $126,000, falling around 2% to $89,953 during afternoon trading in Asia. Analysts point to growing uncertainty over potential US rate cuts and weakness across…
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Nomura likely probes India bond desk amid doubts over inflated profits
17 Nov

Nomura likely probes India bond desk amid doubts over inflated profits

Purbalee DuttaBreaking News
Nomura Holdings, a major global investment bank, is reviewing its India fixed-income business amid concerns that profits reported by its rates division may have been overstated in recent years. According to a Bloomberg report, the bank’s compliance team is examining how trades involving Strips were being valued. What Are Strips?Strips, or Separate Trading of Registered Interest and Principal of Securities, are created when a bond’s principal and interest payments are split and traded separately. Investors can buy these components individually instead of as a single security. Why They Matter in Accounting:The investigation is focused on whether traders marked their positions…
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Tenneco Clean Air IPO Day 1!
12 Nov

Tenneco Clean Air IPO Day 1!

Purbalee DuttaBreaking News
Tenneco Clean Air India Ltd, a subsidiary of the US-based Tenneco Group, opened its initial public offering (IPO) for subscription on November 12, which will close on November 14. The IPO price band has been fixed between ₹378 and ₹397 per share. In the grey market, the issue is commanding a premium of ₹61, suggesting an estimated listing price of around ₹458 per share—about 15.4% higher than the upper price band. Ahead of the launch, the company raised ₹1,080 crore from anchor investors, with participation from 58 major institutions, including SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential, Nomura, BlackRock,…
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Bajaj Finance shares fall 8%
11 Nov

Bajaj Finance shares fall 8%

Purbalee DuttaBreaking News
Shares of Bajaj Finance Ltd., one of India’s leading non-bank lenders, tumbled up to 8% on Tuesday, November 11, after the company reported its September quarter results post-market hours on Monday. The management reduced its full-year Assets Under Management (AUM) growth forecast to 22–23% from the earlier 24–25%, citing slower growth in mortgage and SME segments. SME growth is now expected at 10–12%, with MSME performance likely to bottom out in the first quarter of FY26. Credit costs are projected to stay at the upper end of the 1.85–1.95% range before improving next year, prompting a 25% cut in unsecured…
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