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August 29, 2024 10:30 PM
Moody's Ratings, the New-York based global rating agency has raised its real GDP growth projections for India today, indicating for a robust 7.2 percent growth in the financial year 2024, up from a previous estimate of 6.8 percent and 6.6 percent in 2025 from 6.4 percent. Report said that the...
August 31, 2024 8:40 AM
Federation of Indian Chambers of Commerce and Industry FICCI organized the first edition of the Young Leader Awards in New Delhi on Aug 29. Addressing the event, Union Youth Affairs Secretary Meeta Rajivlochan highlighted that the Ministry is working to encourage young people to engage in experi...
August 29, 2024 9:49 PM
The Reserve Bank of India (RBI) has issued a warning against fraudulent activities involving the misuse of its name. The RBI stated that fraudsters employ various tactics, including fake letterheads and email addresses, impersonating RBI employees, and luring individuals with fictitious offers such ...
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 ...
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