Indian shares set for tepid open as Fed policy decision looms
INDIA-Indian shares set for tepid open as Fed policy decision looms
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Dollar steady against peers as Fed rate cut looms
The US dollar held steady as investors awaited the Federal Reserve’s interest rate decision. Markets anticipated a 25-basis-point cut, with focus on future rate projections. Strong economic data suggested a potential slowdown in future cuts. Other central banks, including the…
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US Fed begins final 2024 rate meeting with cut expected
The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations high for another rate cut and a signal from policymakers that the pace of cuts will slow next year. The Fed will also…
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Sebi tightens participatory notes rules for foreign funds
The regulator said that the rules were changed to eliminate arbitrage opportunities that some FPIs enjoyed. Earlier this year, SBI had also said that all FPIs investing in direct equity in India should also maintain a list of ultimate beneficial…
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Pepperfry promotes Madhusudan Bihani as CFO
Bihani previously held the position of VP-Finance, having joined Pepperfry in November of 2019 as AVP Finance.
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Everest Industries CFO Pramod Nair steps down
Nair relinquished his position in order to embark on a new journey, as stated in his resignation letter attached by the company in an exchange filing. Nair joined Everest Industries as its CFO in May of 2021 and separating after…
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