India’s largest lender, State Bank of India (SBI), has moved swiftly to pass on the Reserve Bank of India’s latest repo rate cut to borrowers. On Friday, SBI announced a 50 basis points reduction in its External Benchmark Lending Rate (EBLR) and home loan interest rates, effective June 15, 2025. This move comes in response to the RBI’s decision to cut the policy repo rate by 50 bps, as the central bank looks to stimulate
Read More
U.S. stock markets closed deep in the red on Friday, as escalating tensions in the Middle East sparked a sharp sell-off, particularly in financial and tech stocks. Iran’s missile counterstrikes on Israel—following Israeli attacks on strategic military and nuclear sites—sent shockwaves through global markets, triggering a flight to safety. Major Indices Tumble Dow Jones Industrial Average: Dropped 1.79% to 42,197.79 S&P 500: Declined 1.13%, closing at 5,976.97 Nasdaq Composite: Slipped 1.30% to 19,406.83 All three
Read More
Every investor dreams of that one multibagger stock — the kind that quietly turns ₹1 lakh into ₹50 lakh. For some, this dream has already come true. A few under-the-radar small caps have transformed into serious wealth creators over the past few years. These companies didn’t rise on hype. Their core businesses evolved, earnings took off, and investors who stayed the course — without trying to time the market — saw phenomenal gains. But now
Read More
In a move that follows a series of stake sales, InterGlobe Enterprises, the promoter entity of IndiGo, is reportedly planning to sell approximately 4% of its stake in the airline through a block deal. According to a CNBC TV18 report, the company currently holds a 35.7% stake in the airline, and the latest transaction could raise around $1 billion. This proposed share sale comes after Rakesh Gangwal, a co-founder and former board member of IndiGo,
Read More
The conflict between Israel and Iran has reached a new and alarming phase, with Israel launching a series of strikes on Iranian military sites, including nuclear facilities and missile factories. These airstrikes have intensified fears of a broader, all-out war, sending shockwaves through global markets, driving oil and gold prices higher, and disrupting air traffic in the region. Israeli Prime Minister Benjamin Netanyahu announced that the strikes, which began on Friday, June 13, marked the
Read More