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Source: Live Mint Fed projections imply slower pace of rate cuts in 2025 Analysts expect Fed pause in January to assess outlook Policymakers adjust risk, uncertainty assessments WASHINGTON, Dec 18 (Reuters) – U.S. central bankers on Wednesday issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising inflation, a forecast consistent with…
Source: Live Mint Fed lowers reverse repo rate by 30 basis points Fed reverse repo rate now 4.25%, matching low end of fed funds range Analyst expect Fed tweak to flush cash from reverse repo facility Dec 18 (Reuters) – The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering…
Source: Live Mint US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. The central bank is widely expected to cut rates by a quarter point. At 12:00 pm ET, the Dow Jones…
Source: Live Mint DAM Capital Advisors Limited raised ₹251.4 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Wednesday, December 18. The company has allocated 88,86,268 or 88.86 lakh equity shares to the anchor investors at an allocation price of ₹283 per share, with a face…
Source: Live Mint SEBI Board Meeting Outcome: Capital markets regulator Securities and Exchange Board of India (SEBI) conducted its board meeting on Wednesday, December 18, and tightened the stock exchange listing norms of small-and-medium enterprises’ initial public offerings (SME IPOs). The market watchdog also announced setting up of a performance validating agency called ‘PaRRVA’. Read…
Source: Live Mint Mamata Machinery Limited raised ₹53.55 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Wednesday, December 18. The company has allocated 22,04,113 or 22.04 lakh equity shares to the anchor investors at an allocation price of ₹243 per share, with a face value…
Source: Live Mint Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Business NewsMarketsStock MarketsITC acquires 2.44% stake in EIH and 0.53% in Leela Mumbai for over ₹111 crore ahead of hotel demerger Read Full…
Source: Live Mint Google has introduced updates to its video and image generation tools: Veo 2 and Imagen 3. These models are designed to enhance creative outputs across a variety of platforms and workflows. Here is what you need to know about the new features and their availability. 1. Veo 2 enhances video editing capabilities…
Source: Live Mint Market outlook: The Indian equity markets remained resilient for a major part of the calendar year (CY) 2024, despite challenges posed by sticky inflation, weaker-than-expected Q2FY25 earnings, general election outcomes, FII outflows, and geopolitical uncertainty. Despite these headwinds, India’s benchmark indices, the Nifty 50 and Sensex, delivered positive returns of 11.35% and…
Source: Live Mint -Name withheld on request Firstly, it is great to hear that your cousin has successfully paid off their home loan at the age of 35 and has begun investing 30% ( ₹45,000 of ₹1,50,000) of his income towards their retirement goal. They are also utilizing the additional tax exemption under Section 80CCD…
