ED initiated investigation on the basis of FIRs registered by EOW, Odisha Police and CBI
612th Meeting of Central Board of the Reserve Bank of India
The regulatory action is based on deficiencies in regulatory compliance
"For the Bank Nifty, on the lower side, 50500 or the 200-day SMA would act as a crucial support zone"; FPI selling continued, with US$441 mn of outflows in the past five days, while DIIs bought US$1.0 bn in the same period
The investigation also revealed that the same vehicle has been used for filing several similar claims with other general insurance companies in Bareilly District, proving the entire claim in this case was fraudulent.
Searches were conducted at official and residential premises of accused at various locations in Mumbai which led to recovery of documents of 27 immovable property documents etc. and 3 luxury vehicles found at the residence of the accused JDC.
India’s 10Y yield is trading steady today, despite decline in oil prices
Markets May See Downtrend In Near Term As It Adjusts To Prospect Of Lower Pace Of Rate Cuts; M-cap of all listed BSE companies decreased by 2.73 lakh crores to 449.87 lakh crores
INR depreciated and is trading at a fresh record low of 85.07/$ today, More hawkish projections for next year spooked the markets
INR depreciated and is trading at a fresh record low of 85.07/$ today, More hawkish projections for next year spooked the markets
The IPO is entirely a mix of fresh issue of up to Rs 250 crore and an offer of sale of up to Rs 250 crore.
The Price Band of the Offer has been fixed from R269/- per Equity Share to Rs283/- per Equity Share.
BlueStone is backed Accel India, Kalaari Capital, and Sunil Munjal
These TVs engineered to deliver a truly cinematic experience at home
The headcount of pilgrims attending the Mahakumbh will be efficiently managed using advanced technology – UP Deputy Chief Minister Brajesh Pathak
YES BANK to empower MSMEs and Businesses
Equirus Wealth attributes its success to its differentiated unique product offerings, including an in-house top-performing Smallcap PMS strategy, an exclusive technology-focused startup fund investing in sectors such as SaaS, deep tech, and fintech, as well as a customized UHNI equity investment strategy.
Raising the FCNR (B) deposit rates, development of the Secured Overnight Rupee Rate (SORR) benchmark and revision in limit of collateralised agriculture loans are all positive for banks
The price band set at Rs265 to Rs279 per Equity Share
On a positive note, the CRR was unexpectedly reduced to 4%, providing relief to liquidity pressures. This move triggered a positive reaction in banking sector stocks.
Physical Stores preferred by 90% Indian Retailers across generations: Study
These actions on 2 coop banks are based on deficiencies in regulatory compliance
Reliance Finance and Investments USA LLC subscribed to 21% stake of WHI for an aggregate consideration of USD 12 million.
Digit Insurances releases 11th Transparency Report
Some of the leading names like Carnelian Bharat Amritkaal Fund, Societe Generale, Integrated Core Strategies (Asia), Troo Capital, Tusk Investments and mutual funds like Aditya Birla Sunlife MF, Bandhan MF, JM Financial, Kotak MF, Mirae Asset MF, Nippon MF, Quant MF were allocated shares
The fake videos of the Governor, giving financial advice, circulated over social media
The bond is benchmarked against the 5yr US Treasury and priced at a spread of 82 bps over the benchmark. The bonds will be listed on SGX-ST and India INX.
The Beyond Your Break program, known for its gender-neutral approach, offers a comprehensive career re-entry solution for IT professionals across various roles.
CBI laid a trap on 07.11.2024 and caught accused Legal Officer of DUSIB, GNCTD red handed while accepting bribe amount of Rs. 05 lakh from complainant
ED initiated investigation on the basis of FIR registered by the CBI under various sections of IPC, 1860 and Prevention of Corruption Act, 1988.
Directorate of Enforcement (ED), Mumbai Zonal Office has conducted search operations in a case of suspected illegal sale and distribution of Forex by FFMCs (Full Fledged Money Changers) at premises of Kuntilaa Forex, Shagun Enterprises, Capital India Finance and MDB Tours and Forex
The action is based on deficiencies in statutory
The iconic love story will be staged at The Grand Theatre starting 5th March 2025 at the Nita Mukesh Ambani Cultural Centre
The joint initiative of the Banque de France (BdF) and the Monetary Authority of Singapore (MAS) trialled its first use of quantum-resistant cryptographic algorithms for the signing and encryption of emails
A Trump victory is likely to create a more stringent tariff policy, especially for China; US elections: Policy and economics will determine global currency outlooks; Trump Presidency to be a bigger drag on fiscal than Harris’; Global risk aversions could continue to pose headwinds for FPI flows into India after a USD 11 bn outflow in October
Mr. Mishra's contributions include pioneering initiatives like the establishment of Start-Up branches at IIIT Hyderabad and IIT Madras, and leading 3,245 business solutions at the Bank level
Dr. Hughes has strong interests in remote sensing, digitalisation, and gender equity; Her extensive career, marked by ground breaking work in sustainable agriculture, equips her to steer the Forum towards its mission.
Finance and IT lagged; Broader Mid and Small caps posted gains
The growth of digital financial services has also led to an increase in non-traditional access points, such as retail and mobile money agents, while traditional access methods like ATMs and bank branches have seen a decline, especially since the COVID-19 pandemic
The collaboration is to Accelerate RISE with SAP Migration at Near Zero Cost
Credit growth to industry improved to 9.1 per cent (y-o-y) in September 2024 compared with 6.0 per cent a year ago
Akash Ambani, Mumbai Indians stated: "We will strive to continue playing the passionate brand of cricket everyone expects from us.”
All four NFO closes on 6th November, 2024. These index funds cater to risk-taking investors aiming for higher returns by tapping into the growth potential of mid and small-cap sectors.
Get Ready to Rock for Maroon 5’s Historic Debut Concert in India
‘Customer Ek, Bill Anek': Connect Campaign
CBI had registered the instant case against Shri P. K. Singh, then Branch Manager, Nabinagar Branch, SBI, Distt- Aurangabad and others on 28.06.1991 on the basis of a complaint lodged by DGM, Vigilance, SBI, LHO, Patna
Robust Net worth of Rs. 11,070 cr as of September 30, 2024 up 48% YoY
Treatment for 50,000 children with congenital heart disease as well as breast and cervical cancer for 50,000 women
Stable Market Share in Passenger Vehicles and Tractors
It is a New Division to drive Electric Vehicle Financing
Afcons Management and other SP Group Companies, also participating in the fundraise, has collectively put in 38 Cr
Afcons Management and other SP Group Companies, also participating in the fundraise, has collectively put in 38 Cr
NPST Announces Move to Mainboard
The Company has fixed the price band of RS171/- to Rs180/- per Equity Share of face value Rs10/- each for its IPO
The Company has fixed the price band of RS171/- to Rs180/- per Equity Share of face value Rs10/- each for its IPO
The Company has fixed the price band of RS171/- to Rs180/- per Equity Share of face value Rs10/- each for its IPO
With the addition of over 20 Lakh new customers in H1, the Company has served over 1.6 Crore customers till date
Reliance Industries’ Gross Revenue remained stable Y-o-Y at Rs 258,027 crore ($ 30.8 billion)
These actions on 4 coop banks and an NBFC are based on deficiencies in regulatory compliance
o9 Continues Growth Momentum In International Markets
The advanced capabilities are designed to improve operational efficiency while delivering a superior customer experience
Gartner Says Despite Decline, Global PC Market is Still on Recovery Track
This facility has been enabled in addition to the existing GST payment facilities through net banking and bank branches.
As of September 2024, the Inclusive Finance portfolio is ~ 56% of the Gross Advances, out of which over 95% is covered under the CGFMU Scheme
Akash will be responsible to drive strategic growth for the MOPW business
Searches were conducted at Bhopal and Bilaspur at residential premises of the accused which led to recovery of incriminating documents, jewelry from the residence of the accused
Over 1.3 lakh facilities are ABDM-enabled, including more than 17,000 private facilities
PNB successfully raises Rs 5000 Crore Equity Capital via Qualified Institutions Placement
Grants of up to SGD 1 million each will be awarded to three transformative businesses in the tenth year of DBS Foundation
The IPO with a face value of Rs 10 per equity share is a mix of fresh issue and OFS.
High-Performance Computing (HPC) system tailored for weather and climate research
TransUnion CIBIL, today, launched the latest edition of the TransUnion CIBIL Credit Market Indicator (CMI) report, containing data and insights for the quarter ending June 2024.
Ervin Tu, Prosus Group President & Chief Investment Officer: “With cheaper access to capital, start-ups will be encouraged to invest in themselves for long-term growth and capital providers will be more prepared to take risk.”
Rate increases are generally followed by a negative day, while decreases are generally followed by an up day.
Prime Minister Shri Narendra Modi launches ‘SUBHADRA’ - the largest women-centric scheme in Bhubaneswar, Odisha
Rupee touched its record low level in last few days of the 1st fortnight of Sep’24 (83.98/$), at a time when US$ was showing some signs of strengthening
The IPO with a face value of Rs 10 per equity share is entirely a fresh issue of up to 1.20 crore equity shares.
Price band fixed at Rs249 to Rs263 per Equity Share of face value of Rs10 each
IT reduces the time-inconsistency problem of monetary policy; IT offers more flexibility, inflation targets are set as a medium-term goal; consequently, short-term deviations from the target may not harm credibility. IT also allows stabilizing output without sacrificing the inflation target
Price band fixed at Rs249 to Rs263 per Equity Share of face value of Rs10 each
Price Band Rs70 - Rs74 Per Equity Share
Bajaj Finserv Flexi Cap Fund celebrates its first anniversary; Overall, AUM of Bajaj Finserv Mutual Fund crosses Rs17000 cr
In an era defined by rapid technological advancements, artificial intelligence (AI) has emerged as a transformative force for the PLS sector in reshaping research, diagnostics and patient care
One other important role for regulators in the fintech world in encouraging innovation has been the creation of standards
Recognise, Honour and Celebrate Exemplary Achievements In the Global Fintech Landscape
HDFC Bank has collaborated with various players in the fintech ecosystem to launch these new offerings at Global Fintech Fest 2024, in Mumbai. Some of these fintechs include KreditPe, ToneTag and PayU.
Bank of Maharashtra today has marked a significant milestone in its journey towards innovation and excellence by launching its state-of-the-art branch functional within the premises of Supreme Court of India
LEO’s advanced knowledge base will help deliver accurate and conversational responses to all service inquiries, making information easily accessible
The NFO opened from 28th August to 3rd September 2024
OPEN is one among the first few Indian fintechs to offer Bharat Billpay for Business on the Open Money platform
They jointly unveil Pine Labs Mini – A soundbox-enabled device for QR, NFC, and card payments
There are sessions of expert speakers and authorities from Multilateral Organizations, Multilateral Agencies and other entities at the GFF 2024
The offer for sale consists of the sale of equity shares of up to 7.68 lakh by Dhanji Raghavji Patel and up to 2.34 lakh equity shares by Bechar Raghavji Patel
The theme of this year’s Global Fintech Fest (GFF) 2024 is ‘Blueprint for the Next Decade of Finance: Responsible AI | Inclusive | Resilient’.
The Board of Yubi has approved this equity round in August 2024, wherein Gaurav Kumar will invest up to INR 250 crore, marking one of the largest capital infusions by a founder in a technology company in recent times.
Nokia and Axiom Space partner to enable high-speed cellular network capabilities in next-gen lunar spacesuits
Foreign and Domestic Institutions who participated in the anchor were Pine Oak Global, Saint Capital Fund, SB Opportunity Fund I, Elara Capital (Mauritius) Fund and Rajasthan Global Securities
The company informed the bourses that it allocated 19,94,288 equity shares at Rs. 900 per share on Friday, August 16, 2024, to anchor investors.
Price band set at Rs195 to Rs206 per Equity Share
As per the Complainant, Union Bank of India, the accused persons had submitted manipulated project cost statements to avail loans and also diverted the bank funds, causing wrongful loss to the tune of Rs 4,037 Crore (Rs 11,379 Crore including interest).
The relevant disclosures required in terms of holdings of securities and their transfers have been made by the SEBI Chairperson from time to time. Chairperson has also recused herself in matters involving potential conflicts of interest; SEBI remains committed to ensuring the integrity of India’s Capital markets and its orderly growth and development
RBI Governor: Banking System May Be Potentially Exposed To Structural Liquidity Issues; regulatory prescriptions relating to loan to value (LTV) ratio, risk weights and monitoring of end use of funds are not being strictly adhered to by certain entities. I repeat certain entities
Through this partnership Mahindra Finance aims to offer comprehensive financial solutions to its customers
RIL’s contribution is sufficient to fund 3.86% of GoI’s spends
Sensex is trading further lower today
Out of the total allocation of 36,35,56,135 equity shares to the anchor investors, 14,70,10,695 equity shares were allocated to 10 domestic mutual funds through a total of 31 schemes amounting to Rs. 1,117.28 crore (approx.) i.e. 40.43% of the Total Anchor Book Size
Out of the total allocation of 93,56,581 equity shares to the anchor investors, 50,89,727 equity shares were allocated to 9 domestic mutual funds through a total of 13 schemes amounting to Rs. 204.10 crore (approx.) i.e. 54.40% of the Total Anchor Book Size.
It is a conversation platform for investors
Gross NPA ratio improved by 208 bps and Net NPA ratio improved by 36 bps.
The proceeds from its fresh issuance to the extent of Rs 10 crore will be utilized for funding of capital expenditure requirements
The stock has given 38.61% return much higher than the benchmark index, Sensex and Nifty which have given a return of 11.24% and 12.86% respectively
It aims to enhance connectivity, signal strength and data speeds; to contribute 6G standardization, patents and commercialization
ABSLAMC’s PAT Up By 28% Y/Y At Rs2.4 Bn; MF QAAUM at Rs 3,525 bn, up 19% Y-o-Y
Key priorities include continuing capital spending to stimulate growth, ensuring prudent financial management, and creating jobs
The gold loan NBFCs look forward to receiving the priority sector status which is of paramount significance
INR is trading stronger today, while other Asian currencies are trading mixed
INR is trading higher today, while other Asian currencies are trading lower
India’s 10Y yield is trading flat today
Fed Chair reiterated that US inflation is on track to return to the Fed’s target range but shied away from committing to a widely expected rate cut in Sep’24
INR Is Trading Flat Today
Chairperson, NFRA Ajay Bhushan Prasad Pandey emphasized the end-use monitoring of funds and proactive oversight over the work of branch auditors.
Improvement in Kharif sowing bodes well for the inflation outlook
INR Is Trading Stronger Today
The household spending data in Japan declined unexpectedly by 1.8% in May’24 (much lower than anticipated)
The said coop bank from Varanasi does not have adequate capital and earning prospects
Barring Dow Jones and Shanghai Comp, other global indices ended higher
Sensex crossed 80000; Nifty settled the day at a record high of 24,286.50
Sensex is trading further higher today, while other Asian stocks are trading lower
INR is trading weaker today, while other Asian currencies are trading mixed
Mr Khirwadkar gets recognition certificate from FIAKS
METL Welcomes its First German Company to Smart MET City
INR is trading weaker today, while other Asian currencies are trading mixed.
Central Bureau of Investigation (CBI) has registered a case against four accused including three then Assistant Managers and one then Office Assistant (Multi-Purpose), all working in Assam Gramin Vikash Bank, Madhapur Branch, Jorhat
Flash PMI readings of other economies such as Eurozone and UK showed some strain
5G download speed decreased from 304Mbps in Q1 2023 to 280.7Mbps in Q4 2023 as 5G data consumption increased
This unique partnership aims to support Reliance General Insurance with a spate of cutting edge digital tools that will significantly augment and strengthen their proposition of providing hyper personalized and unique customer experiences
Continued deposit re-pricing at higher rates to compress net interest margin
With an impressive career spanning over 17 years in the financial industry, Sahil Shah brings a wealth of expertise and a proven track record of success to Equirus.
The market is expecting the Fed to begin the easing cycle from Sep’24 onwards
The global fabless semiconductor company, powering over 2 billion connected devices a year, has announced the roll-out and completion of its annual retailer and consumer education program for 2024
On the back of buoyant order bookings, continued growth projection remains the key for the sector: FIEO President Ashwani Kumar
INR is trading a tad stronger today
Rs1729 crores distributed among 8 Municipal Corporations; Class 'A': Rs88 crore allocated to 22 Municipalities; Class 'B': Rs90 crore allocated to 30 municipalities; Class 'A': Rs135 crores allocated to 60 Municipalities; Class 'D': Rs69 crore allocated to 45 municipalities
Sensex is trading higher today
INR is trading stronger today
RBI invites solutions aimed at enhancing the safety and security of digital transactions and promoting inclusivity for persons with physical disabilities
The credit policy has quite expectedly maintained status quo on both repo rate and stance
INR recovered, but it is trading weaker today, while other Asian currencies are trading mixed
INR is trading weaker today
Bank Nifty index opened with a big gap up and registered an all-time high of 51,133.20
The draft scale-based enforcement framework for action against various types of REs is under finalization
As part of the Agenda for 2024-25, the Department of Regulation (DoR) will focus on certain key deliverables
The proposed cloud platform is expected to be at par in technology with leading public cloud service providers
S&P has revised India’s outlook from stable to positive with a rating of BBB- on the back of improved quality of government expenditure, political commitment to fiscal consolidation and robust economic growth
MeitY would set-up guidelines for enhancing user experience of using websites/apps
Barring S&P 500 and Hang Seng (flat), other global indices ended lower. Disappointing earnings results dragged down US indices
The ECB officials sounded dovish and stated the likelihood of rate cut in Jun’24 in their commentary as inflation continues to fall in a ‘sustained way’
May 2024 Issue Of RBI’s Bulletin includes three speeches, four articles, and current statistics
Sensex declined by 0.1%, dragged down by technology shares. However, it is trading higher today
Following this acquisition, the combined entity is poised to serve over 1200 enterprises and expand its SME network to over 300,000 companies, underscoring CashFlo's commitment to catering to a diverse range of businesses.
These actions on 3 coop banks are based on deficiencies in regulatory compliance
Despite these strides, the TTDI warns that significant investment is needed to close gaps in enabling conditions and market share between developing and high-income countries
Digital markets: debate is of ex-post action, ex-ante action and the possibility of false positives/ false negatives
Gold and copper prices are trading at near high levels
The action is based on deficiencies in regulatory compliance
These actions on 4 coop banks are based on deficiencies in regulatory compliance
India Celebrates Its International Collaborations On World Telecommunication And Information Society Day
The fintech NBFC records 9th consecutive year of profitability
Other Asian stocks are trading mixed
Sensex is trading lower today
Services activity remains solid in India (most robust growth in 14 years) and balanced in Japan
Sensex is trading higher today
Directions on reporting of OTC foreign exchange derivative contracts and foreign currency interest rate derivative contracts to the Trade Repository of Clearing Corporation of India Ltd. have been updated
US labour market data showed persistent tightening. Jobless claims rose less than expected by 208
These actions on the 3 coop banks are based on deficiencies in regulatory compliance
INR depreciated by 0.1% to a fresh record low, led by month-end dollar demand from importers. It is trading weaker today
GNPA improved to 2.0% as of March 31, 2024, as against 3.6% as of March 31,2023
Global currencies depreciated against a stronger dollar
Voluntary transition of Small Finance Banks to Universal Banks
Indonesia’s central bank surprised with a first rate hike since Oct’23 with 7-day rate increased to 25bps to 6.25% (highest since 2016)
Global currencies ended broadly stronger against the dollar
Except INR, other global currencies ended broadly weaker against the dollar
Investors will closely track US GDP, global PMI readings and BoJ’s guidance on rate hike this week.
Reports of an escalation in tensions between Israel and Iran have roiled global markets
IMF raised its global growth forecast to 3.2% in 2024 from 3.1% estimated earlier, led by better-than-expected growth outcomes in advanced economies
The total number of plots booked in the financial year were 1079 across all segments, resulting in achieving a total booking value of INR 1913 crore for the financial year, which is almost 60% higher than the previous financial year
‘Tira Tools’: A Line of Premium, Curated Beauty Accessories
Interestingly in March 2024, practically all debt categories excluding Long Duration funds, and Banking & PSU funds have witnessed outflows which could be attributed to strained liquidity
Jonagadla: As market conditions evolve and with potential central bank policy adjustments on the horizon, the appeal of debt instruments may be revitalized
Except GBP, other global currencies ended flat
Sensex is trading higher today
RBI communication addressed to all commercial and co-operative banks on 5th April, 2024
Steady pick up in investment activity and strengthening of rural demand conditions bode well for the economy
RBI to remain static
In the data heavy week, markets traded cautiously
In India, equity indices started the new fiscal year on a positive note with the Sensex rising by 0.5%
Fed Chair Powell, noted that Fed is not getting tolerant to higher inflation and hinted rate cuts very much remain on table
Currency Chests operations on March 31, 2024; Special Measures for extending services to Policy Holders of LIC of India
Sensex is trading higher today
The total offer size comprises of equity shares of face value of Rs 10 each aggregating up to Rs 11,000 million
India’s 10Y yield closed steady at 7.09%, as oil prices retreated. It is trading flat today as well
Swiss National Bank sprang into action as it announced a 25bps rate cut; Post the rally in US indices, the week started on a sombre note as investors tried to assess the future path of interest rate ahead of the release of key inflation figure
These actions on 5 coop banks are based on deficiencies in regulatory compliance
The partnership aims to service 5000 home buyers in EWS/ LIG segment in the first phase of engagement
R Dinesh, President CII: "India must focus on three areas to leapfrog in the next 5 years viz - big ticket reforms, competitive federalism and inclusive and equitable growth."
During the search operations, amounts totaling to Rs16.43 Crore were frozen under the PMLA, 2002
The omnibus SRO framework prescribes the broad objectives, functions, eligibility criteria and governance standards, which will be common for all SROs, irrespective of the sector
GJEPC will impart skill training to registered ‘Vishwakarmas’ under PM Vishwakarma Yojana
INR is trading stronger today
Nokia Mobile Broadband Index report reveals: Nearly 17 percent of total active 4G devices in India are 5G capable
Sensex is trading higher today
Sensex is trading lower today
In Mar'24 so far, global currencies have broadly appreciated against the dollar
INR was marginally weaker, monitoring movement in oil prices. But it is trading stronger today, while other Asian currencies are trading lower.
The event is expected to have participation from more than 1000 high-potential startups from India and the globe
Motilal Oswal Fund Folio Report: Pace of redemptions increased to INR354b (up 10.2% MoM)
Every $ saved is INR earned
INR is trading stronger today
INR is trading weaker today
INR is trading further stronger today
Sensex is trading lower today
It is not required by the successful bidder to submit a Financial Bank Guarantee (FBG) and Performance Bank Guarantee (PBG)
Except China and UK, stocks elsewhere closed weaker
Except US and UK, stocks elsewhere ended higher
In UK, house price index firmed up in Feb'24, while PMI reading still trailed below the 50 mark. On domestic front, PMI data rose to its 5 month high supported by both domestic and external demand
Despite concerns regarding fiscal consolidation, India's economic trajectory appears favorable, with contained deficits and declining inflation
In Japan and Australia, stronger than expected retail sales in Jan'24 is likely to keep pressure on their respective Central Banks to keep their policy stance unchanged
Global indices closed lower. US indices retreated as the focus shifted towards upcoming macro data for more guidance on Fed's next move
Germany confirmed that GDP contracted by (-) 0.3% in Q4CY23, following stagnation in Q3
Slowdown in China's property sector continued, with new home prices falling by another 0.3% (MoM) in Jan'24
Global stocks ended mixed. Investors shifted their focus to Fed minutes which are scheduled to be released this week. Atlanta Fed President also spoke of more data related evidence before embarking on easing financial conditions
The recession is expected will be short lived with recovery expected in CY24, with inflation likely to moderate
Japan's economy slipped in to recession after unexpected contraction of 0.4% in Q4CY23 was noted (-3.3% in Q3CY23)
According to CME Fed watch tool, rate cuts are now likely (74.4% chance) in Jun'24
Q3FY24 EBITDA at Rs10.31 Cr, a growth of 15.65%; EBITDA Margins at 14.4%
Investors attention is likely to be cued on to the US inflation data to offer more guidance on possible path for interest rates
Board approved an interim dividend of Rs4 Per Share; Total Individual Business Premium for the 9 months period, ended December 31st 2023, increased to Rs2,09,719 crore
Except INR (flat), other global currencies appreciated against the dollar
Global market indices reacted differently to different outcomes
E-Summit has made a name for itself over the years owing to the speakers that come and share their wisdom, insights and experiences
This budget should lay emphasis on offering liquidity assistance to galvanize the lending ecosystem
GST rate cut from 18% to 5% on the health insurance premiums will be a huge respite especially for senior citizens who are struggling to meet the rising healthcare costs
Sensex ended in red and was dragged down by losses in consumer durable and capital good stocks. It is trading lower today in line with other Asian indices
Automobiles and FMCG are likely to get a boost from higher rural spending
Barring FSTE (flat) and Shanghai Comp (lower), other global indices closed higher
IPR applications have grown at CAGR of 60% for the 9-year ended 2022, driven by a surge in Patents and Industrial Designs
About 3,000 Representatives From 350 UCBs Are Likely To Participate
Sensex is trading higher today
Secretary, MeitY launches "India Innovation Centre for Graphene" in Kerala
Association of Investment Bankers of India eyes Investor awareness, Merchant Banker’s capacity building and ease of capital formation in India
Barring EUR (lower) and GBP (higher), other global currencies ended flat
An Open-ended scheme replicating/tracking the NIFTY PSU Bank Index (TRI)
UK's inflation came in higher than expected at 4% (3.9% in Nov'23) led by higher prices of alcohol and tobacco, which in turn has dented rate cut expectations from BoE
Investors monitored comments by Fed Waller on lowering rates 'carefully' as inflation is nearing the Fed's target goal
Both the two funds by are open-ended equity schemes
Sensex is trading further higher today while other Asian stocks are trading lower
Sensex is trading lower today, in line with other Asian stock
On domestic front, Rabi sowing data remained a cause of concern.
Regulatory changes, wider participation, and innovative structures to nudge further growth
Markit PMI data shows that services sector activity continued to expand in Dec'23 at faster pace in the US and UK, while it remained in contraction in Eurozone (led by France and Germany)
PV wholesales are expected to grow in single digits on an aggregate level due to waning demand trends and a comparably elevated baseline
The IPO with a face value of Rs 10 comprises of fresh issue of equity shares up to Rs300 crore and an offer for sale (OFS) of up to 2.99 million shares by Promoter Selling Shareholders
China’s official PMI data reflects that contraction in manufacturing activity deepened in Dec’23, while non-manufacturing activity improved
Modern early warning systems need to be configurable, parameterizable and flexible to adapt to new indicators and data flows
Modern early warning systems need to be configurable, parameterizable and flexible to adapt to new indicators and data flows
These actions on the 5 entities are based on deficiencies in regulatory compliance
Fintechs in India are driving more inclusion and influencing India’s financial ecosystem. “Today, fintech has become a robust and dynamic financial inclusion tool.
