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Updated: 1 hour 24 min ago
Ravi Nathani recommends wait-and-watch for Nifty IT, cautious on Auto
Nifty IT index remains range-bound, trading between 44,400 on the upper side and 42,800 on the lower side, while, Nifty Auto index is currently exhibiting a bearish trend in the near term
NCC, Divi's Labs among top picks by Ajit Mishra of Religare Broking
The markets experienced a volatile session and ended nearly flat, taking a breather after three consecutive days of gains
TotalEnergies to buy Germany based renewables firm VSB for 1.57 bn euro
The VSB announcement comes days after TotalEnergies' renewables strategy faced a series of setbacks in other regions
Fearing 'cascading' impact: Akasa Air seeks DGCA exemption from fog mandate
Airline informs regulator flight operations could face 'cascading' impact
MFs funding to NBFCs rise almost 47% to Rs 2.33 trillion in Oct 2024
Mutual fund (MF) debt exposure to NBFCs, which includes commercial papers (CPs) and corporate debt, has now remained above Rs 2 trillion for more than half a year
StanChart targets $200 bn new assets; focuses on Chinese, Indian wealthy
StanChart's assets under management sourced from wealthy Chinese and Indians with global needs rose by about 40 per cent and 20 per cent
Rise in DIY investing: Direct plans now make up around 40% of SIPs
Investors can purchase direct plans directly on MF websites and online investment platforms
Axis Securities settles front-running case with Sebi; pays Rs 14.62 lakh
It was alleged that as a stock broker, Axis Securities failed to exercise appropriate due diligence in the matter in its dealer and branch manager compliance policy
No coercive action needed against Hero Electric for now: Delhi HC to SFIO
Hero Electric said it was willing to resolve the dispute with the ministry, which had demanded the disgorgement of Rs 133 crore paid to the company in sops, citing alleged violations of FAME II norm
Banking system liquidity surplus touches Rs 1 trn, shows RBI data
Analysts said that the liquidity improved on the back of government spending; however, it is expected to fall into deficit mode soon due to tax outflows
Antler India plans to invest around Rs 211 crore in 50 startups in 2025
The venture capital firm has invested in 30 startups in 2024 through its maiden $75 million fund
Specified digital platforms not obligated to register, clarifies Sebi
Says the association of regulated entities with SDPs will assure that they are in compliance of Sebi's regulations
Climate change affects financial system, need regulatory checks: RBI Dy Guv
Rao emphasised that the financial sector lacks comprehensive data to assess climate risks fully
Airtel awards 'multi-year, multi-billion' extension deal to Ericsson
Second such deal announced by telco in past two-weeks, will aim to deploy 5G gear
Former CMD alleges foul play in Kakinada port stake sale; files case
According to the complaint, 40 per cent of Kakinada Port, valued at Rs 2,500 crore, was forcibly acquired for just Rs 494 crore
Pernod Ricard internal probe reveals that top India exec violated laws
Enforcement Directorate, in Jan. 2023 accused Pernod Ricard India (PRI) of engaging in money laundering by unlawfully facilitating $24 million in corporate guarantees
Net growth in deposits higher than advances by Rs 5.68 trn between 2020-24
Deposit growth of Indian banks had been lagging behind credit growth since the fortnight ending March 25, 2022
PhonePe eyes to replicate UPI success on expanding financial verticals
At present, the overall user base of PhonePe is over 500 million. Of these, its merchant base is over 40 million
Food inflation in policy formulation a complex issue: EAC-PM member Shah
In July, Chief Economic Advisor V Anantha Nageswaran pitched for excluding food inflation from policy formulation which set it a fierce debate in policy circles with RBI resisting any such move
RBI raises UPI Lite wallet limit to Rs 5,000; per transaction to Rs 1,000
UPI Lite transactions are offline to the extent that Additional Factor of Authentication (AFA) is not required, and transaction alerts are not sent in real time