The Reserve Bank of India’s (RBI) MPC is expected to raise repo rate by 25 basis points before taking a pause, in the bi-monthly monetary policy to be announced on April 6. “With core inflation still above 6 per cent and the threat of rising food inflation, RBI may hike the repo rate one more […]
Revfin, a leading digital lending platform focussing on sustainable mobility has concluded its Series B funding round, securing $14 million (Rs 115 crore). The round was led by Omidyar Network with a $5 million (Rs 42 crore) investment, joined by the Asian Development Bank, Companion Capital, and existing investors Green Frontiers Capital and LC Nueva. […]
Salaar Box Office Collection on Day 4: ‘Salaar: Part One- Ceasefire,’ featuring Prabhas in the lead role, is enjoying significant success at the box office since its release just ahead of an extended weekend. The Christmas festivities have contributed to a surge in its earnings, with the upcoming New Year period anticipated to further boost […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Monday as a result of positive global cues, while the silver rate is up 0.42%. On Multi Commodity Exchange, gold April futures were trading at Rs 56,644 per 10 grams, up Rs 147 or 0.26%. Silver March futures were trading […]
Mumbai-based venture capital (VC) fund India Quotient has seen at least 60-70% of its portfolio enact cost-cutting measures including human resource and operational costs, said a senior executive of the early-stage fund in an interaction with FE. Gagan Goyal, general partner, India Quotient, said that most of the new and incoming founders from early-stage startups […]
By Rahul Shah Bulls returned to the party on Dalal Street after a long pause. We saw volatility during the previous week and finally closed just above the resistance level of Nifty at 17354. Equity benchmarks had a strong close to the year and welcomed 2022 with a bang. All-round performance in the sectors IT, […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Wednesday, 3 May across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last eleven months. However, individual cities see fluctuations in their prices everyday. The prices of petrol and diesel […]
By Rohan Patil A bear tightens its grip for the second consecutive week closed almost three percent down in the current week and lost more than six percent in the last two weeks. From the last three trading days, prices have successfully sustained below their 100-day exponential moving average and also closed below it’s all […]
Stock Market Today, Nifty, Bank Nifty: Indian benchmark equity indices are likely to remain in the positive territory today amid positive global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 8.50 pts or 0.05% higher at 17,496.50 in the early morning trade. Asian markets were trading broadly in green with China’s Shanghai […]
The Securities and Exchange Board of India (Sebi) has laid down a principle-based framework for cloud adoption and recommended baseline security measures required to be implemented by Sebi-registered entities (REs) and cloud service providers (CSP). The framework talks about governance, risk and compliance, selection of CSPs, data ownership and data localisation, due-diligence by REs, security […]