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Source: Business Standard The RBI kept the repo rate unchanged at 6.5 per cent for the tenth consecutive meeting, with a majority vote of 5-1 (Photo: PTI) 4 min read Last Updated : Oct 09 2024 | 10:32 AM IST The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday,…
Source: Live Mint Have you ever wondered what would you do if you lost a credit card, and consequently witnessed an unauthorised transaction before you could get it blocked? The immediate response of a credit card user would be to intimate the bank or financial institution as soon as the card is lost. However, what would happen…
Source: Business Standard RBI, Reserve Bank of India | Image: Bloomberg 4 min read Last Updated : Oct 08 2024 | 9:07 AM IST By Anup Roy and Subhadip Sircar India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and…
Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday tracking gains in global markets and ahead of the RBI policy announcement. The trends on Gift Nifty also indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 25,145 level, a…
Source: Live Mint The markets regulator will let stockbrokers deal in government securities by accessing the negotiated dealing system-ordering matching (NDS-OM) introduced by the Reserve Bank of India (RBI) in 2005. NDS-OM is a screen-based electronic anonymous order matching system for secondary market trading in G-Secs owned by RBI. It was exclusively designed for G-Secs…
Source: Live Mint Here’s everything you need to know about it. Investments LRS allows Indians to invest in listed foreign securities – both equity and debt. You can invest in mutual funds, exchange traded funds (ETFs), venture funds, and real estate (with some caveats). You can also invest in listed debt securities such as bonds,…
Source: Live Mint You double-check your statement, confirm the transactions aren’t yours, and rule out the possibility that a family member used your card. The charges seem random and the merchants are unfamiliar. Panic sets in as you realise that your card has likely been compromised. What should you do next? Block your card immediately…
Source: Business Standard India’s benchmark equity indices Sensex and Nifty 50, logged their sixth straight day of losses on Monday. | Photo: Shutterstock 2 min read Last Updated : Oct 07 2024 | 4:32 PM IST The Indian rupee ended nearly unchanged on Monday, sidestepping a decline in its regional peers and pressure from…
Source: Live Mint The Indian stock market has been on fire recently, with September emerging as one of the busiest months for initial public offerings (IPOs) in the past 14 years. According to the data released by the Reserve Bank of India (RBI) on September 20, IPO activity in the country has reached an all-time…
Source: Business Standard Several economists expect at least one dissenter, among India’s newly-appointed monetary policy committee members, to call for a rate cut (Photo: Reuters) 2 min read Last Updated : Oct 07 2024 | 4:47 PM IST By Shubham Batra and Dharamraj Dhutia MUMBAI (Reuters) – India’s central bank is likely to…
