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NEWS
FPI selling tops $10 billion so far in October amid a shift to China
Tue, Oct 22, 2024     Source : Business Standard
If trend holds, this will be first monthly outflows of over $10 bn
NEWS
Individual traders may flock to stock options amid change in F&O rules
Tue, Oct 22, 2024     Source : Business Line
From Nov 20, the contract size for index derivatives will increase to Rs.15-20 lakh, while stock options will remain at Rs.5-10 lakh
NEWS
Hyundai remitting IPO proceeds weighs on rupee
Tue, Oct 22, 2024     Source : Economic Times
The Indian rupee closed at a record low of 84.0725 against the US dollar on Monday, pressured by outflows from local equities and debt along with a stronger dollar index.
NEWS
Tata Sons IPO coming next year? Tata Chemicals shares rally 14% in anticipation
Tue, Oct 22, 2024     Source : Economic Times
Amid reports that the Reserve Bank of India (RBI) has turned down a request from the Tata Group to exempt its holding company Tata Sons from mandatory listing on stock exchanges, shares of Tata Chemicals r...
NEWS
Rate hikes since May '22 helped reduce inflation by 1.60%: RBI paper
Tue, Oct 22, 2024     Source : Economic Times
The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper by senior RBI staffers said on Monday.
NEWS
Equity Scheme Returns from NPS soften amid Nifty50 correction in October
Tue, Oct 22, 2024     Source : Business Line
Private sector NPS assets continue to show robust growth
NEWS
Finance Minister Sitharaman courts US investors with promises of high growth and long-term returns in India
Tue, Oct 22, 2024     Source : Economic Times
Finance minister Nirmala Sitharaman on Monday said India is poised to sustain its high growth trajectory and boost its contribution to global growth, as she called on a large group of American pension fund...
NEWS
Net FDI in India more than doubles in Apr-Aug 2024, shows RBI data
Tue, Oct 22, 2024     Source : Business Standard
Improving FDI to support growth in manufacturing
NEWS
Amid slackness, RBI report confident of festive season boost to economy
Tue, Oct 22, 2024     Source : Business Standard
"Stage is set for the private sector to deploy capital and invest in growth"
NEWS
Digital crop survey unearths unusually high acreage under paddy
Tue, Oct 22, 2024     Source : Business Line
Experts feel farmers may have shifted to paddy from cotton and pulses
NEWS
Private banks leading AI adoption in banking services, says RBI study
Tue, Oct 22, 2024     Source : Business Standard
Says AI likely to make banking services accessible to population at bottom of the pyramid
NEWS
How are AI startups working to solve Indian hospitals’ most common problem? Workers’ shortage, patient care, and more
Tue, Oct 22, 2024     Source : Mint
The young generation of Indian techies is slowly trying to revolutionise the Indian healthcare system, often struggling with acute staff shortage and poor infrastructure, with their innovative startups
NEWS
Finance Minister approves 64 new CGM posts in public sector banks
Tue, Oct 22, 2024     Source : Financial Express
The increase of CGM posts will enhance the capability of banks to better monitor critical positions such as digitalisation, cyber security, fintech, risk, compliance, rural banking, financial inclusion etc...
NEWS
5th month adrift: Mkt currents pull ADR below 1, charting course of unease
Mon, Oct 21, 2024     Source : Business Standard
Fifth month adrift: ADR remains anchored in negative waters as Sensex and Nifty sail near a 15% gain
NEWS
Upcoming IPOs: Waree Engeries IPO, Afcons IPO to open next week; here’s a look at their GMPs
Mon, Oct 21, 2024     Source : Mint
The primary market is preparing for the launch of four new public offerings from Waaree Energies, Deepak Builders, Afcons Infrastructure, and Godavari in the mainboard segment next week.
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