Finance India NEWS. Stock Market NEWS Updated Daily

Finance India NEWS. Stock Market NEWS Updated Daily

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Finance India NEWS. Stock Market NEWS Updated Daily

Mirae Asset launches Nifty Total Market Index Fund: Is it worth betting on

Mirae Asset launches Nifty Total Market Index Fund: Is it worth betting on

Open-ended scheme will track the nifty total market total return index, according to company
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

SBI extends Fixed Deposit schemes: How they stack up versus other PSBs

SBI extends Fixed Deposit schemes: How they stack up versus other PSBs

Initially set to conclude on september 30, these schemes have now been extended for another six months
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

Dubai Golden Visa: Qualified teachers eligible to apply from Oct 15

Dubai Golden Visa: Qualified teachers eligible to apply from Oct 15

Applications for the golden residency for distinguished educators will open on october 15, 2024
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

Rupee rises 6 paise to 83.94 against US dollar during early trade

Rupee rises 6 paise to 83.94 against US dollar during early trade

The rupee rose 6 paise to 83.94 against the us dollar in early trade on tuesday supported by a weaker greenback and lower crude oil price. however, volatility in the domestic equity markets and fii outflows capped sharp gains in the local unit, forex trade
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

Average home prices in Gurugram up 76% in 2 years to touch Rs 14,650 psf

Average home prices in Gurugram up 76% in 2 years to touch Rs 14,650 psf

Based on customer searches, the report stated that 3 bhk units dominate with 66 per cent of demand. average prices of 3bhk apartments have increased 21.6 per cent on quarter to reach rs 14600 psf.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

RBI moves closer to interest rate cut after global easing kicks off

RBI moves closer to interest rate cut after global easing kicks off

Since last rate decision, official data showed economic growth moderated to 6.7 per cent in the april-june quarter, below the rbi's projection of 7.1 per cent, while signs show soft urban consumption
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

Adani Green's 4 subsidiaries plan to raise up to bn in dollar bonds

Adani Green's 4 subsidiaries plan to raise up to  bn in dollar bonds

"the companies may tap the market before the end of this month, once it judges the pulse of investors in upcoming roadshows," one of the bankers said
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

Chinese market surge: Experts urge cautious entry amid uncertain recovery

Chinese market surge: Experts urge cautious entry amid uncertain recovery

Key measures include reducing baseline interest rates by 20 basis points (bps), mortgage rates by 50 bps, and the reserve ratio by 50 bps
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

Indian regulators have done world-class job, increased transparency: FM

Underlining that she is not against questioning or critiquing regulators, sitharaman said there is a need to be "extremely conscious" about contributions made by them as well
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

RBI likely to lay ground for interest rate cut on easing of major economies

Governor shaktikanta das has so far dismissed calls for rate cuts, concerned that high food prices will prevent inflation from staying at the 4 per cent target level on a sustainable basis
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

LIC reduces 1st-year agent payout to 28% after surrender value revision

First insurer to change commission after revision in surrender value norms
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-08

Tax dept invites public inputs for I-T Act review to simplify provisions

The income tax department on monday invited public inputs for review of the six-decade old i-t act with regard to simplification of language, litigation reduction, compliance reduction, and obsolete provisions. pursuant to the budget announcement by financ
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

IFC extends 0 mn loan to Axis Bank to fund green projects in India

International finance corporation (ifc), private sector lending arm of the world bank group, on monday tied up with axis bank to provide a usd 500 million (about rs 4,200 crore) loan to help develop a blue finance market and scale up financing of green pro
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

RBI to be less hawkish at October policy, says DBS Bank economist

Meanwhile, the recent escalation in tensions in the middle east is being watched, rao said, but they are unlikely to impact foreign investments into indian government bonds
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

RBI's Monetary Policy Committee meet: Date, time, members, and agenda

Rbi began its fourth monetary policy committee meeting for the ongoing financial year on monday. key announcement from the meet will be announced on oct 9
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Rupee remains unchanged as RBI's firm grip on currency limit losses

The rupee closed at 83.9775 against the us dollar, little changed from its previous close of 83.9725
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

How fraudsters use deepfakes of Virat Kohli, Ambani to scam you: Explained

Scammers are setting up over 1,000 phishing domains daily and creating deepfake videos of well-known indian personalities like mukesh ambani and virat kohli to push dubious gaming apps
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

RuPay launch in Maldives, new runaway at airport to ease transaction

The inauguration of a new runaway in the maldives built under an airport redevelopment project assisted by india and the official launch of the rupay card in the island nation on monday are aimed at boosting economic ties and tourism cooperation between th
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

HDFC Bank raises MCLR by 5 bps for select tenures, effective October 7

Mclr is the minimum interest rate a financial institution needs to charge for a specific loan. it dictates the lower limit of the interest rate for a loan
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

RBI instructs banks to stop making aggressive bets against rupee: Report

The central bank steps in occasionally to support the rupee via moral suasion and had last done something similar in early august
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

PM Internship Scheme: How much will you be paid? And how to apply?

Selected participants will receive a monthly stipend of ~4,500 from the government, with an additional ~500 provided by companies as part of their corporate social responsibility (csr) initiatives
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Kotak MF just launched an MNC fund: Is the NFO worth tapping into?

The scheme will be open for public subscription from october 7, 2024, to october 21, 2024.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

RBI likely to keep rates steady as economic growth slows, global rates ease

High frequency indicators such as the manufacturing pmi slowed to an eight-month low in september, while services pmi eased to a 10-month trough, latest data showed
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Hajj visa updates: Saudi to impose Rs 2 lakh fine for unauthorised entry

Saudi authorities have introduced stricter penalties for the misuse of work visas
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

No one can arrest you through video calls: Digital arrest fraud on the rise

An employee of the department of atomic energy was the victim of a digital arrest scam, losing rs. 71 lakh to fraudsters
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

GPF interest rate remain unchanged at 7.1 %: How it is different from EPF

Government workers can invest in the gpf, a long-term savings plan, and build up savings throughout the course of their employment. upon retirement, an employee is paid the entire sum accumulated
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Want to visit Kedarnath? Pilgrims must be aware of helicopter ticket fraud

A total of 47 heli-ticketing fraud cases worth rs 10 lakh were reported during 2023-2024 in which three persons have so far been arrested. recovery in the fraud cases so far has been nil.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Rupee rises 2 paise to 83.97 against US dollar during early trade

The rupee rose 2 paise to 83.97 against the us dollar in early trade on monday, aided by a weaker greenback in the international market and a drop in crude oil prices. the increase in the country's forex reserves to a new all-time high of usd 704.88 billio
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Lost baggage? Why despite Rs 30 lakh loss, airline liable for only Rs 75K

Etihad airways denies liability for loss of valuables in check-in baggage
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Bond bulls bet on RBI's dovish turn to extend rally amid policy shift

While interest-rate swaps are pricing a rate cut only in december, traders are girding for a possible shift in the rbi's stance to neutral
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

CBDT forms an internal committee for full review of Income-Tax Act

Public feedback invited to help make the act concise and easy to understand
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

LC Nueva Investment announces new venture capital fund to raise Rs 250 cr

Lc nueva investment partners has announced its second venture, lc nueva momentum fund, with total target corpus size of rs 250 crore. lc nueva investment partners is a partnership between singapore's lighthouse canton and delhi-based nueva capital. "the ne
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Buying a property? Check stamp duty rates in key metro cities

Understanding stamp duty and registration charges is crucial for prospective homebuyers as these costs can add significantly to the overall price of property transactions
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Love bungee jumping? Take accident cover before your next adventure trip

A medical cover may handle medical expenses but does not provide for the temporary or permanent loss of income during the recovery period and after, and expenditures such as travel costs
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

FIR on record? It could jeopardise your work visa chances, here's why

"visas are denied every day for not telling the truth about simple things that would have no effect on the visa if answered truthfully", say experts
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-07

Status-quo on rates likely, say experts ahead of RBI's policy review

The reserve bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the middle east crisis deteriorating furth
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-06

India 10-year bond yield at 3-week high on West Asian conflict concerns

The benchmark 10-year yield ended at 6.8339%, the highest since sept. 12, compared with its previous close of 6.7765%. on a weekly basis, the yield rose seven basis points
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Forex reserves top 0 bn, India becomes 4th country to cross this mark

India is only the fourth economy in the world to cross 0 billion in reserves after china, japan, and switzerland
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Concerned about your credit health? Paisabazaar AI advisor will help

Pb assist will give 'real-time, actionable insights' to customers, says company
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Decoded: Gold to MFs, impact of Middle East conflict on your investments

Experts say that despite these tensions, indian markets have displayed resilience
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

No lounge? How to manage your Vistara booking after AI merger from 12 Nov

Following the merger, all vistara flights scheduled post-november 12 will be operated by air india
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Minimum wage rates hiked from October 1 as VDA revised; check new rates

Workers in sectors like construction, loading and unloading, security, cleaning, housekeeping, mining, and agriculture under central sphere establishments will benefit from the revised wage rates
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

BofA expects India's forex reserves to reach 5 billion in March 2026

Rbi governor shaktikanta das has repeatedly stressed the need to build a forex buffer to act as a shield during periods of market volatility
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

How to switch from group insurance policy to individual insurance

Transitioning from a group insurance policy to an individual one is a crucial step that requires careful planning and timely action
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Akasa Air launches customised travel packages for the festive season

Akasa holidays is a collection of personalised holiday packages designed to suit various types of vacations
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Google Pay partners with Muthoot Finance to sell gold-backed loans

Partnership will offer 'affordable interest rates and flexible usage options'
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Visa unveils platform for global banks to issue stablecoin, other tokens

The product is designed to let banks use their tokens within smart contracts for programmability
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

SC backs validity of 90,000 I-T reassessment notices made after Apr 1, 2021

In a relief to the income tax department, the supreme court has upheld the validity of nearly 90,000 reassessment notices issued by the revenue department after april 1, 2021, under old provisions. the top court on thursday set aside the verdicts of severa
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

MF trends decoded: More than 50% of new investors from smaller cities

While smaller cities contribute a significant number of new investors, their overall aum remains lower compared to larger urban centers.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

HDFC Bank's deposit growth outpaces credit in Q2, helping meet target

Country's largest private sector has indicated that it would grow its advances at a slower pace than deposits
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Immigration helps US economy grow: Why Janet Yellen backs migrants decoded

Yellen's remarks come at a time when immigration is a central issue in the us presidential election campaign ahead of the november 5 vote
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Global banks to trial Swift for digital currency transactions from 2025

Central bank digital currencies (cbdcs), digital versions of a country's official fiat currency, are also being trialled worldwide
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Inflation rate under outgoing MPC that decided 25 monetary policies

The outgoing mpc was constituted in october 2020 and is now demitting office
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Unlimited rewards: ICICI Bank, MakeMakeMyTrip launch premium credit card

Earn mycash rewards on travel and retail spending, redeemable for travel expenses on makemytrip.
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

CoinSwitch launches crypto futures trading, offers over 350 contracts

Coinswitch futures enables users to take long or short positions on perpetual futures contracts and can also hedge their spot holdings
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Festive holiday surge: Udaipur, Dubai, Singapore top getaways this Diwali

Udaipur has emerged as the top trending domestic destination for indians traveling domestically, witnessing a 220% increase in searches followed by puducherry (200%) and mumbai (35%).
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

HDFC Bank says sequential rise in deposits outpaced loan growth in Q2

Deposits rose 5.1 per cent from the previous quarter to rs 25 trillion, after no sequential change in april-june
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

How Hibox app scammed investors of Rs 500 cr with YouTubers' help: Decoded

The app, according to police reports, lured investors with promises of guaranteed returns and resulted in a fraud estimated at rs 500 crore
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

Bank credit offtake and deposit mobilisation moderates in H1: RBI data

The rbi data showed ytd growth in deposits was 5 per cent for h1fy25 as against 6.9 per cent for h1fy24
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

RBI to conduct govt bond buyback auction worth Rs 25,000 crore on Oct 10

By repurchasing its own outstanding bonds from the market before they mature, the government reduces its liabilities and strengthens its fiscal position
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-04

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