Business

06

Feb

By The Press Editor

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Business

SBI Life-backed NBFC firm announces quarterly results, shares end volatile session in green

Net profit of the company jumped 30 per cent compared to the September quarter, while revenue from operations rose to Rs 240.1 crore. Mumbai: SBI Life-backed NBFC firm Paisalo Digital has announced its quarterly results for the October-December quarter of the financial year 2025-26. According to the information shared with exchanges, the company has posted a 6.25 per cent rise in consolidated profit after tax (PAT) to Rs 66.3 crore in the quarter under consideration, compared to Rs 62.4 crore in the year-ago period. On a sequential basis, the net profit of the company increased 30 per cent as it…

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06

Feb

By The Press Editor

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Business

MRF Dividend 2026: Tyre maker announces second interim dividend, check amount, record date and other details

Tyre giant MRF delivered a stellar performance for the third quarter ended December 2025 and has also announced interim dividend for its investors. Mumbai: MRF reports a massive 120 per cent surge in Q3 FY26 net profit to Rs 692 crore, driven by robust OE sales, rural recovery, and GST rate cuts. Shares surged 8.5 per cent following the announcement and dividend declaration. 

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06

Feb

By The Press Editor

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Business

India, GCC ink terms of reference for FTA, here’s where export with these 6 countries stood

India and the six-member Gulf Cooperation Council (GCC) have signed terms of reference to formally begin negotiations for a free trade agreement, marking a revival of talks stalled since 2008. New Delhi: India and the six-nation bloc of Middle Eastern nations, the Gulf Cooperation Council (GCC), inked terms of reference on Thursday for formally launching negotiations for a free trade agreement (FTA). The terms of reference (ToR) outline the scope and modalities of a proposed trade pact. Commerce and Industry Minister Piyush Goyal presided over the signing ceremony of the ToRs with GCC. Goyal said that the agreement will help…

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06

Feb

By The Press Editor

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Business

Logistics stocks below Rs 50 trades in green even as stock markets decline, check share price

According to the data available on the BSE, the stock has surged 24.45 per cent in one week, as against the change of 0.99 per cent in the benchmark index. Mumbai: Shares of logistics solution provider Sindhu Trade Links Ltd traded higher on Friday, even as stock market benchmark indices Sensex and Nifty declined in early trade, dragged down by IT heavyweights amid a weak trend in US equities. The stock opened in green at Rs 25.03 against the previous close of Rs 25.02 on the BSE. It later gained to touch the high of Rs 26.29, representing a gain…

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06

Feb

By The Press Editor

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Business

RBI retains interest rate at 5.25%, check key highlights of Moniteary Policy Committee

The rate cut pause comes on the back of the CPI-based headline retail inflation ruling below the 2 per cent lower band mandated by the government for the last four months. New Delhi: The Reserve Bank of India (RBI) on Friday decided to keep the repo rate unchanged at 5.25 per cent. This is the first monetary policy review after Finance Minister Nirmala Sitharaman announced the Budget for the financial year 2026-27. Announcing the sixth and final bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has decided to retain the short-term…

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06

Feb

By The Press Editor

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Business

From RVNL to NHPC, these stocks to trade ex-dividend next week: Check amount and record dates

Dividend Stocks: Hindustan Copper has announced an interim dividend of Rs 1 per share and has fixed February 13, 2026 as the record date for this corporate action. Mumbai: Indian equity benchmark indices have been highly volatile so far this week. On Thursday, Indian equity markets ended the February 5, 2026, session on a sideways to mildly bearish note. The Sensex fell 0.6% to close at 83,311.38, while the Nifty 50 slipped 0.5% to 25,642.80. Amid this, investors are always on the lookout for stocks that can help them earn some additional profit from their investment. There are several companies…

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06

Feb

By The Press Editor

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Business

RBI MPC Meet LIVE: Central bank keeps repo rate unchanged at 5.25%

RBI MPC Meet LIVE: The government has tasked the Reserve Bank to ensure consumer price index (CPI)-based retail inflation remains at 4 per cent with a margin of 2 per cent on either side. Mumbai: RBI Governor Sanjay Malhotra on Friday said that the Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 5.25 per cent and to maintain a neutral stance. Malhotra said that the focus will remain on balancing inflation control with growth support. Announcing the sixth and final bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary…

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06

Feb

By The Press Editor

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Business

Market Opening Bell: Sensex, Nifty open in red ahead of RBI MPC outcome, NTPC among top losers

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a flat to negative start as it opened with a drop of 81 points at 25,620, compared to the previous close of 25,701. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Friday, February 5, 2026, amid weak global cues. While the 30-share BSE Sensex dipped 64.61 points to start the session at 83,249.32, the Nifty fell 37 points to open at 25,605.80. In the last trading session, the Sensex closed at 83,313.93 and the Nifty 50 at 25,642.80.  Similarly, the broader indices…

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05

Feb

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Business

India-US trade deal safeguards farmers’ interests, says Shivraj Singh Chouhan

Speaking exclusively to India TV, Union Minister Shivraj Singh Chouhan said that the interests of farmers have been fully protected, and not just main grains and major crops, but dairy products as well are safe. New Delhi: Union Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan on Thursday said that the interests of Indian farmers have been safeguarded in the recent trade deal between India and the United States. Speaking exclusively to India TV, the Union Minister said that the interests of farmers have been fully protected, and not just main grains and major crops, but dairy products as well…

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05

Feb

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Business

Back-to-back upper circuit: Pharma stock continues to surge even as markets remain volatile

The stock has a 52-week high of Rs 38.71 and a 52-week low of Rs 18.50. According to BSE Analytics, the stock has given a multibagger return of 205.96 per cent in two years. Mumbai: Shares of specialty chemicals company Sudarshan Pharma Industries are in focus as they continue to gain for the third consecutive day, even as stock markets remain volatile. Moreover, the stock has hit an upper circuit for the second consecutive day today i.e. on February 5, 2026. The counter started the trading session gap up with a gain of 7.62 per cent at Rs 22.60 against the…

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