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August 29, 2024 10:00 PM
Fitch Ratings has reaffirmed India’s sovereign debt rating at 'BBB-' with a stable outlook. The global rating agency in its report released today has attributed to the country’s robust medium-term growth prospects and solid external finance position. On the growth front, Fitch projected...
August 29, 2024 7:04 PM
India's equity benchmark indices, Sensex and Nifty ended on a positive note in a volatile trading session amid buying across various sectors including IT, Auto and FMCG. Meanwhile, in the intra-day trade, both the indices touched a record high. At close, pack of 30 companies, the Sensex was up 349 p...
August 29, 2024 2:06 PM
Indian benchmark indices, Sensex and the Nifty touched a record high in the intra-day trade today. The positive uptick in both the indexes were primarily fueled by rally in IT and FMCG stocks. At 2 pm, the BSE Sensex was up 309 points or 0.38 percent at 82,095 while the Nifty50 was trading at 25,132...
August 28, 2024 10:12 PM
The Reserve Bank of India (RBI) Governor Shaktikanta Das today emphasized that the preferred approach to achieving a balance between innovation and prudent regulation in the fintech sector is through self-regulation. While addressing the Global Fintech Fest 2024, the Governor discussed the RBI's pil...
August 28, 2024 8:43 PM
In the Indian Bullion Market at 7 PM, the 24 Karat Gold was trading at 370 rupees down at 71,990 rupees for 10 Grams. Silver 999 Fine, was also trading 1400 rupees down at 84,720 rupees per kilogram....
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....
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