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Source: Live Mint Wall Street holiday: US stock markets will remain closed on Wednesday, January 1, 2025, in observance of the New Year celebrations. According to the Securities Industry and Financial Markets Association, trading activity on the Nasdaq Stock Exchange and New York Stock Exchange (NYSE) will remain closed today for New Year celebrations in…
Source: Live Mint India experienced a drastic drop in Foreign Portfolio Investment (FPI) inflows in 2024, with net investments falling by 99 per cent compared to the previous year, according to data from the National Securities Depository Limited (NSDL). The data highlighted that the net FPI inflows came down from ₹1.71 lakh crore in 2023…
Source: Live Mint Eureka Conveyor Beltings Limited, a Rajasthan-based firm operating in the rubber-conveyor belt manufacturing segment, has received final observation from the capital markets regulator, the Securities and Exchange Board of India (SEBI), for an initial public offering (IPO) in the SME segment. The company filed its draft red herring prospectus (DRHP) back on…
Source: Live Mint Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the market. Brent crude would average $74.33 per barrel in 2025, down from a forecast of $74.53 in…
Source: Live Mint The calendar year 2025 has begun and the financial year 2025 is set to end in three months. However, taxpayers can still invest in a slew of tax-saving schemes that enable them to claim tax exemptions for fiscal 2024-25. So, it is vital to note that the investment must be made in…
Source: Live Mint Shares of Vikas Ecotech Ltd rose by 5.03 per cent, reaching an intraday high of ₹3.34 per share compared to its previous closing of ₹3.18. The stock’s 52-week range spans a high of ₹5.63 and a low of ₹3.05. The company conducted a meeting on Wednesday, January 1, 2025, at its Registered…
Source: Live Mint What would you say about an investment instrument that used to give 12 per cent interest a year and now offers only 7.1 per cent? Well, it doesn’t remain as a sought-after investment instrument as it did earlier. This is exactly what happened with public provident fund, or PPF as it is…
Source: Live Mint Mumbai, Benchmark Sensex and Nifty started the New Year on a high note with the key indices closing higher in a see-saw trade on Wednesday on buying in blue-chip stocks. Snapping its two-day falling streak, the 30-share BSE Sensex rose by 368.40 points or 0.47 per cent to settle at 78,507.41 on…
Source: Live Mint Mumbai, Jan 1 (PTI) The Reserve Bank on Wednesday said 98.12 per cent of the ₹2000 banknotes have been returned to the banking system, and only ₹6,691 crore worth such notes are still with the public. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of ₹2000 denomination…
Source: Live Mint However, what about their value as investments? Are diamonds really forever? Mint asked experts to share investing lessons from diamonds’ two-decade-long price stagnation and whether modern-day assets like cryptocurrencies will meet the same fate. Radhika Gupta, MD and CEO at Edelweiss Asset Management Ltd The key thing is that some asset…
