Today i.e. on 8th May, the stock market is witnessing a decline for the second consecutive day. Sensex is trading at 73,200 with a fall of more than 250 points. At the same time, Nifty is also trading at the level of 22,200 after falling more than 50 points. During …
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SEBI rejects proposal to increase working hours in stock market
The Securities and Exchange Board of India (SEBI) has rejected the National Stock Exchange's (NSE) proposal to extend market hours in the derivatives segment due to lack of consensus among the broker community. NSE has submitted a proposal to the market regulator. In which an appeal was made that the …
Read More »MF stake in NSE companies reaches new high with 8.81%
MF share among NSE-listed companies reached a new high of 8.92 per cent in the three months ended March 2024. Net inflows of Rs 81,539 crore were seen during the quarter. In the December 2023 quarter, MF stake on NSE was 8.81 per cent. Life Insurance (LIC) has emerged as …
Read More »IL&FS estimates loss of Rs 9,600 crore against profit estimate of Rs 1,869 crore
1 hour ago Business A major audit of the accounts of tainted IL&FS, IL&FS Financial and ITNL has been conducted. IL&FS's loss for the five financial years ending 2017-18 is now estimated at Rs 9,600 crore, against a profit of Rs 1,869 crore …
Read More »Rupee fell 9% in last two years: Big blow to Indian importers
The Indian rupee is hovering near its all-time low against the dollar. This benefits exporters while imports become expensive. In such a situation, it will be interesting to see why the Indian Rupee is currently soft, what effect it has on the economy and what steps RBI is taking to …
Read More »Business: Dissatisfaction among exporters regarding MEP of new onion after export ban is lifted
Traders believe the government's decision to allow export of onion at a minimum price of Rs 64 per kg may lead to significant trade figures for the crop from India, as the prices are set by other countries like Pakistan and China. In December last year, the government had banned …
Read More »Savings: 73% increase in household credit, only 14% increase in net savings
2 minutes ago Business Shocking figures have emerged regarding household savings and loans. It may be a shock to know that household financial savings in India are set to reach a five-year low in 2023. A graph of decline in financial savings has …
Read More »Money will double on the first day! This IPO is making waves in the gray market, know the price band
1 minute ago Business Indian Emulsifiers IPO: If you are also thinking of betting on Initial Public Offering i.e. IPO, then this news is for you. Actually, the IPO of Indian Emulsifiers Limited is about to be launched. The IPO will open for …
Read More »Paytm's UPI transactions declined for the third consecutive month, market share also declined – News India Live
Ahmedabad: The path of fintech company Paytm is becoming increasingly difficult. Paytm reported a decline in Unified Payments Interface (UPI) transactions for the third consecutive month in April, data from the National Payments Corporation of India showed. In April this year, the company processed 111.71 crore transactions, representing a 9 …
Read More »Prices of local gram increased in the international market due to abolition of import duty
Mumbai: After India's decision to cancel the import duty on indigenous gram, domestic market circles said that the global price of indigenous gram has increased by eight to ten percent. In the decision taken on Friday, the Government of India has exempted domestic gram from import duty. India imports its …
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