Sebi on Friday came out with guidelines for portfolio managers pertaining to performance benchmarking, asking them to adopt an additional layer of broadly defined investment “strategies” while managing the clients’ funds. Reviewing the requirements related to performance reporting and benchmarking by portfolio managers, the markets regulator said this is in addition to the investment approach […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended the last trading session of the week deeply in the red, dragged by HDFC twins. The NSE Nifty 50 crashed 186.8 points or 1.02% to 18,069.00 and BSE Sensex tanked 694.96 or 1.13% to 61,054.29. In sectoral indices, Bank Nifty plunged 1,024.25 […]
Oil prices were little changed on Friday but are set for their second weekly drop as disappointing economic data from the U.S., the world’s biggest crude user, and uncertainty on further interest rate hikes raised concerns about future fuel demand. Brent crude futures for June were trading at $78.53 a barrel, up 16 cents, or […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol, diesel prices in the country remained unchanged on 27 December 2022. About seven months have passed since the last hike in petrol rates and diesel rates. On May 21 of this year, Finance Minister Nirmala Sitharaman reduced the excise duty on petrol by Rs […]
XLRI XAT Admit Card: The access to the Xavier Aptitude Test (XAT) admit card link has been terminated, causing inconvenience as the download window, which ceased functioning yesterday, remains inaccessible. Initially slated for release on December 20, 2023, the XAT admit card 2024 was rescheduled to be available on December 27. Surprisingly, it was unexpectedly […]
By Rahul Shah Equity benchmarks rose for the second week in a row, aided by gains in metals, FMCG, energy, PSU banks and cement. Tech and media were the lone sectors that declined in the week. Investors reacted positively to the central bank’s continued efforts to support growth and its commitment to managing inflation. Consistent […]
Oil steadied in early Asian trade on Thursday as a surprise draw in U.S. crude oil stockpiles that supported prices was offset by a smaller-than-expected cut to Russian supplies and stronger dollar. Brent crude futures were unchanged at $78.28 a barrel at 0020 GMT. West Texas Intermediate U.S. crude fell 6 cents, or 0.1%, to […]
One97 Communications Limited (OCL) that owns the payments and financial services company Paytm, announced the release of Paytm’s 2023 Recap. The Recap showcased the payment numbers and user engagement on its app. Users can also check their individual payment journeys with Paytm in 2023 through paytm.com/recap. Paytm posted strong in-store payment numbers with more than […]
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering, people familiar with the matter said, paving way to be the first of the Chinese tech firm’s six business units to go public. Banks including China International Capital Corp. and Citigroup […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Tuesday, 21 February 2023, keeping costs steady for about eight months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing at […]
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