India’s inflationary print is likely to come around 0.45 per cent next month and that makes a strong case for decisive actions, according to a new State Bank of India (SBI) report, which stated that being the collective voice of…
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A senior official from the Institute of Chartered Accountants of India’s (ICAI) Financial Reporting Review Board (FRRB) told ETCFO that its review of IndusInd Bank’s financial statements aims to set case studies, not assign blame. The National Financial Reporting Authority…
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Indian equity benchmarks Sensex and Nifty rebounded in early trade Tuesday, boosted by IT stock gains and optimism surrounding India-US trade talks, following a sharp rally in US markets. This comes as retail inflation eased to an 8-year low of…
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LG Electronics India Ltd shares debuted on Tuesday with a remarkable premium exceeding 50% over its issue price, opening at Rs 1,715 on the BSE. The company’s IPO, an Offer-For-Sale, was heavily oversubscribed, indicating strong investor confidence. This marks the…
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The Indian rupee is trading close to its record low. Dollar sales by state-run banks are helping to limit losses. Trade tensions with the U.S. and a surge in gold prices are putting pressure on the currency. Portfolio outflows and…
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Multi-asset allocation mutual funds saw a significant 41% surge in September inflows, reaching Rs 4,982 crore. This rise is attributed to heightened market volatility and investor caution towards equities, with gold and silver performance also playing a role. Experts offer…
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