The rupee pared initial gains and settled 9 paise lower at 82.71 (provisional) against the US dollar on Friday, tracking a rebound in the greenback overseas and a muted trend in domestic equities. Forex traders said risk aversion in international markets and sustained foreign fund outflows weighed on investor sentiments, even as weak crude oil […]
Indeed, a global hiring and matching platform, has shared insights that reveal Indian businesses are gearing up for changes in hiring in 2024. From what it’s understood, the focus has been on adopting AI and meeting the expectations of Gen-Z employees. According to an official release, 59% of employees have shown confidence in their ability […]
Paytm Share Price: One 97 Communication shares, the parent company of digital payments firm Paytm, soared 4.2% on Monday on the back of positive Q3FY23 numbers. Paytm reported sustained growth in payments and their loan distribution business. Paytm shares touched an intraday high of Rs 574. Currently, Paytm stock is trading around Rs 564 on […]
A flurry of initial public offerings (IPOs) have hit the market in the previous two financial years. These listings, which happened amid much fanfare, failed to live up to their promise instead, generating heavy losses for investors who had bet on them. Of the 161 IPOs which hit the Street in FY23, raising an aggregate […]
Non-banking financial companies (NBFC) must further strengthen governance and internal audit standards, in-line with the implementation of scale-based regulations, the Reserve Bank of India (RBI) said in its latest report on the trend and progress of banking in India. In the face of tightened liquidity and increased competition from banks in categories such as auto […]
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