NEW DELHI: Dalal Street is heading into a busy week, with company earnings, US Federal Reserve’s interest rate decision, crude oil prices and tensions in Middle East tensions keeping investors on edge. The debut of Jio Platforms on the stock exchanges on October 28 and the buying and selling activity of foreign investors will also…
At $120/BBL, Indian Crude Basket’s Oct Avg Price Hits 14-Yr High MUMBAI: Rising crude oil prices with the Indian crude basket at a 14-year high, fresh weakness of the rupee after an eight-session gain and sliding Asian markets weighed on investor sentiment on Dalal Street on Thursday.As a result, sensex showed a weak trend from…
France’s debt, taxes and borrowing costs rise as economic growth slows France is facing mounting pressure on two fronts: growing public anger over the cost of living and an economy struggling with high debt, taxes and weak growth. Student protests that began with school blockades have spread, turning violent, putting the spotlight on the country’s…
US Fed expected to hold interest rates steady despite persistent inflation (representative image) The US Federal Reserve is widely expected to keep interest rates unchanged at its meeting next week, despite persistent inflation and market expectations of at least one more rate hike before the end of the year, according to analysts cited by news…
Sebi chairman Tuhin Kanta Pandey NEW DELHI: Market regulator Sebi is planning measures to prevent the misuse of brokers’ trading terminals while also considering different compliance requirements for brokers based on their size, clients and use of technology.Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey announced the plans on Saturday at the…
Live Commerce, Interesting Clips Scale ToCreate Content-To-Commerce Ecosystem. MUMBAI: Indians are no longer just shopping; they are video-shopping. Videos drive a lot of traction on online platforms such as Amazon, Flipkart, Myntra and Meesho. Consumers scroll through creator-led content reels or shorts, discovering a host of new brands and products with many eventually clicking on…
The retail portion of the offer—that was subscribed 70% on Day 1—was also fully subscribed on Thursday MUMBAI: The maiden public offering for Jio Platforms, through which the company is raising Rs 30,213 crore, making it the largest such offer in India, was subscribed over five times at the close of bidding on Day 2….
According to analysts, revisiting past coupons raises legal and accounting issues. MUMBAI: Retail bondholders of YES Bank have asked Axis Trustee Services, the debenture trustee, to secure payment of overdue coupons (interest payments) on the bank’s Additional Tier 1 (AT1) bonds, restore their holdings in demat accounts and seek regulatory intervention, days after Supreme Court…
Investors were bearish on the eMudhra stock after the cyber incident. BENGALURU: Shares of digital trust company eMudhra plunged 20% on BSE for the second consecutive day on Thursday after it announced its decision to exit the global SSL/TLS (Secure Sockets Layer/Transport Layer Security) certificate business following a security incident involving eight of its intermediate…
Goyal said the FTA could be signed by Dec and implemented within four to five months. BERLIN: Commerce and industry minister Piyush Goyal Thursday set an ambitious target of increasing bilateral trade with Germany tenfold to 310 billion euros, urging businesses to forge partnerships ahead of implementation of the India-EU free trade agreement (FTA).At the…
