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Source: Live Mint Stock market squid game: Amid the bloodbath in the stock market, Dalal Street is witnessing sharp selling across indices and segments. After climbing to a record high of 26,277.35 on 26 September 2024, the Nifty 50 index has remained under the sell-off heat for nearly five months. On Friday last week, the…
Source: Live Mint National Payments Corporation of India (NPCI) via its latest circular has introduced new limits for UPI LITE in line with the RBI’s announcement last year. As per the RBI’s notification on Dec 4, 2024, UPI LITE limits were raised to ₹1,000 per transaction and ₹5,000 became the total limit. Replenishment of used…
Source: Live Mint Buy or sell stocks: After going sideways to negative for seven straight sessions, the Indian stock market witnessed a bloodbath during the Friday session. The Nifty 50 index crashed 420 points or 1.86 per cent — the steepest single-session decline since October 3, 2024, in percentage terms — and closed at 22,124….
Source: Live Mint Top News 1. India’s GST collections for January 2025 reached ₹1.96 lakh crore, marking a significant 12.3% year-on-year growth compared to January 2024. This surge reflects increased economic activity, improved compliance, and stricter enforcement measures by tax authorities. The robust growth in GST revenue indicates strong consumption trends, business expansion, and higher…
Source: Live Mint However, despite its solid fundamentals, AU’s stock has remained rangebound for nearly four years, weighed down by industry headwinds. Recent stress in unsecured lending has added to the challenges. Read this | MFI stress may weigh on small finance banks’ loan growth, asset quality in short term Yet, the bank appears well-positioned…
Source: Live Mint Trump-Zelensky meeting: After the bloodbath in the Indian stock market on Friday, retail investors eagerly awaited the Trump-Zelensky meeting outcome, which was expected to give a road map to end the geopolitical tension caused by the Russia-Ukraine war. However, after the explosive Trump-Zelensky meeting, Indian stock market observers may have to worry…
Source: Live Mint Gold rate today: Following the strong US dollar, the MCX gold rate ended its seven-week winning streak and closed at ₹84,202 per 10 gm. However, gold prices finished higher for the second straight month, delivering 2.13 per cent returns in the international market. Spot gold finished at $2,858.60 per ounce, while COMEX’s…
Source: Live Mint Indian stock market crash today: A wave of selling across the board in today’s session, February 28, has sent both Nifty 50 and Sensex to record their worst intraday performance in the current calendar year so far. Escalating trade tensions have prompted investors to flee from equities at an accelerated pace, leaving…
Source: Live Mint “Since you have redeemed X excess reward points beyond what is rightfully accrued by your transactions, we request you to pay INR 23,25,639 to the Bank as per MITC clause…” The notice was part of the bank’s recent effort to recover rewards points accumulated by some credit card holders through a technical…
Source: Live Mint By Vivek Kumar M and Bharath Rajeswaran – India’s benchmark indexes logged their worst day in around five months on Friday, with Nifty 50 posting its longest monthly losing streak since 1996 on pessimism over domestic market conditions. The benchmark Nifty 50 and the BSE Sensex closed 1.9% lower at 22,124.70 and…
