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August 28, 2024 8:59 PM
The Reserve Bank of India (RBI) issued the 'Framework for Self-Regulatory Organisation(s) in the FinTech Sector' and invited applications for recognition as a Self-Regulatory Organisation in the FinTech Sector (SRO-FT). The RBI stated that three applications for recognition as SRO-FT have been recei...
August 28, 2024 6:45 PM
The Securities and Exchange Board of India (SEBI) has issued an advisory to investors, cautioning them against investing in certain Small and Medium Enterprises (SMEs) listed on the SME segment of stock exchanges. In a statement, SEBI noted that some SME companies, after listing, tend to project an ...
August 28, 2024 6:38 PM
Oil prices fell more than one and a half per cent today on persistent concern over Chinese demand and elevated risks of a broader slowdown. In the global crude market, Brent crude was trading 1.57 per cent down to trade at 78 dollars and 30 cents per barrel. The U.S. West Texas Intermediate...
August 28, 2024 6:23 PM
In the Forex market today, the Indian rupee ended lower at 83 rupees and 96 paise against the U.S. dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 100.97 in intra-day trade....
August 28, 2024 6:12 PM
US stocks had a quiet session yesterday. The Dow Jones Industrial Average finished just above the flatline to claim another back-to-back record high. The benchmark S&P 500 and tech-heavy Nasdaq Composite each closed up around 0.2 per cent....
August 28, 2024 5:45 PM
India's equity benchmark indices, Sensex and Nifty ended on a positive note in a volatile trading session amid mixed global cues. Nifty50 reached a new all-time high during the session, although profit booking in the last session dragged the index lower to settle at 25,052 with gains of 35 points or...
August 28, 2024 3:52 PM
Union Minister of State for Commerce and Industry, Jitin Prasada has stressed that the country's pharmaceutical sector will touch the 130 billion US dollar mark by 2030, which is currently at around 55 billion US dollars. Mr Prasad inaugurated the 10th International Pharmaceutical Exhibition IPHEX a...
August 27, 2024 5:46 PM
Oil prices slipped slightly today oversupply concerns prompted by fears of widening West Asia conflict. In the global crude market, Brent crude was trading 0.52 per cent down to trade around 81 dollars per barrel. The U.S. West Texas Intermediate (WTI) is also trading 0.53 per cent down at around 74...
August 27, 2024 5:19 PM
Three out of five major Asian indices ended with gains. Japan's Nikkei rose 0.47 percent, Hong Kong's Hang Seng Index gained 0.42 percent and Singapore's Straits Times index added 0.07 percent. Conversely, South Korea's Kospi declined 0.33 per cent and China's Shanghai Composite Index shed 0.24 per ...
August 27, 2024 4:55 PM
In the Forex market today, the Indian rupee depreciated marginally to close at 83 rupees and 92 paise against the U.S. dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading down by 0.03 per cent at 100.82 in intra-day...
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