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September 25, 2023 7:35 PM

Govt extends time period for stock limits of tur and urad to 31st December

The Government has extended the time period for existing stock limits under the Essential Commodities Act, 1955 in respect of Tur and Urad from the 30th of October to the 31st of December. The Centre has also revised the stock holding limits for certain stockholding entities. The revision in stock l...

September 23, 2023 9:11 PM

US stocks ends marginally lower yesterday

In volatile trade, US stocks ended marginally lower yesterday. The major stocks fell amid a stormy week during which benchmark Treasury yields hit 16-year highs and investors digested the Federal Reserve's hawkish outlook revisions.   The Nasdaq Composite index slipped 0.1 percent, the...

September 22, 2023 4:30 PM

Centre sells 18.09 Lakh MT of wheat under Open Market Sale Scheme (Domestic)

Centre has sold 18.09 Lakh Metric Tonnes of wheat in 13 e-auctions under Open Market Sale Scheme (Domestic). Food Corporation of India, FCI, is offering wheat under Open Market Sale Scheme (Domestic) through weekly e-auction at the reserve price of 2125 rupees per quintal which is at par with the cu...

September 22, 2023 1:45 PM

JP Morgan Chase and Company to add Indian government bonds to market bond index

JP Morgan Chase and Company (JPM) has confirmed that it will add Indian government bonds to its benchmark emerging markets bond index starting from 28th June 2024. It is a significant move that will encourage more foreign investment in the domestic debt market. JPM said that 23 Indian Government Bon...

September 22, 2023 7:44 AM

RBI proposes changes in instructions dealing wilful defaulters

Reserve Bank of India has proposed changes in the instructions dealing wilful defaulters. In a press release, the RBI said, wilful defaulters must be defined as someone who has an outstanding amount of 25 lakh rupees and above and those who refuse to repay their loans despite having the capacity to ...

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