The Indian equity markets opened in positive territory with both benchmark indices opening with a gap-up. Nifty is holding around the 24,000 level during the last few trading sessions while Sensex maintained above 77,000 levels.
Read More
The slower pace of deposit mobilisation also creates downside risk to its first-quarter deposit growth estimates for both SBI and ICICI Bank.
Read More
Several marquee companies, including Reliance Jio, National Stock Exchange, SBI Mutual Fund and PhonePe, are expected to anchor the second-half IPO calendar. Together, three or four large offerings could account for almost $8-9 billion of the year’s fundraising, underscoring the…
Read More
The RBI has sought comments from the public by August 17 on its draft proposals titled ‘Guidance on Regulatory Expectations for Data Governance.’ These seek to strengthen controls over the growing use of external service providers, technology vendors and group…
Read More
In Thursday’s trading session, further depreciation of the Indian rupee is anticipated due to soaring oil prices and escalating tensions between the US and Iran. This month, the rupee has plunged considerably, approaching its record low. The support previously provided…
Read More
The United States on Wednesday targeted Iran’s coastal defence systems and missile sites after reimposing a naval blockade on Iranian ports. In response, Iran warned that it could further restrict regional energy exports, saying it was fighting an “existential war”…
Read More