India’s rapid transformation to a digital economy gathered pace in 2023 with lots more innovation and some fresh legislation. Digital lending became widespread as the National Payments Corporation rolled out new products and Big Tech firms launched their offerings. Two defining pieces of legislation came into being, the Digital Personal Data Protection (DPDP) Bill and […]
Taiwanese and South Korean stock markets closed 1% higher on Wednesday, December 14, 2022, following the positive global market trend. FTSE TWSE Taiwan 50 Index rose 178.87 points or 1.61% to 11,271.36 and KOSPI Composite Index climbed 26.85 points or 1.13% to 2,399.25. The Taiwan 50 Index touched an intraday high of 11,274.90 and a […]
Union Budget: Stock market investors are expecting a balanced Budget with a focus on job creation, increased spending on infrastructure, reigning in the deficit, and bringing the economy back on track, experts said on Wednesday. Stock markets have been subdued in the run-up to the Union Budget with BSE’s benchmark Sensex is almost flat so […]
The Reserve Bank of India (RBI) should reduce nominal interest rates soon to prevent an excessive rise in real interest rates, says monetary policy committee’s external member Jayanth Varma. He tells Ajay Ramanathan that a potential deterioration in the global economy and geopolitical volatility are major risks to growth in 2024. Excerpts: Q. Do you […]
Prime Minister Narendra Modi on Saturday on the Zuari Bridge becoming fully operational. While extending his wishes he said that the bridge will serve to push tourism and commerce by enhancing connectivity. In his post on X, formerly Twitter, PM Modi said, “Congratulations to the people of Goa on the Zuari Bridge being fully operational! […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices NSE Nifty and BSE Sensex regained from day’s lows, however still closed in the red. Nifty closed below the 18,000 mark but regained 100 points from the day’s low. Sensex added over 300 points from its intraday low to settle at 60,353, while […]
Entitled Solutions, which makes health and financial services accessible to urban low-income workers, has raised an extended seed round of $1.3 million from security, facility management and cash logistics company SIS, it announced on Wednesday. The company will use capital towards supporting its product development, including the creation of new credit products such as two-wheeler […]
Indian share market benchmarks BSE Sensex and NSE Nifty 50 have tumbled over 15% per cent from record high levels on the back of Russia-Ukraine war, and other global developments. Sandip Sabharwal, investment advisor, in an interview with Surbhi Jain of FinancialExpress.com, advises investors to exit stocks bought on tips and unsustainable expectations, and evaluate […]
Even though finance minister Nirmala Sitharaman addressed the Reserve Bank of India’s Board on Saturday, her customary post-budget address to the Board of the Securities and Exchange Board of India (Sebi) is yet to be scheduled. Usually, the finance minister addresses both the RBI and Sebi boards on the same day or a couple of […]
Oil fell in early Asian trade on Wednesday, paring two straight days of gains after an industry report showed U.S. crude inventories rose unexpectedly last week in a sign fuel demand may be weakening. Brent futures, which have risen more than 3% this week, were down 48 cents, or 0.6%, at $74.84 a barrel at […]
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