The FinTech Hub
Source: Live Mint New Delhi [India], : Stock indices in India continued to remain in red throughout Thursday’s session. Sensex closed at 81,263.84 points, down 262.30 points or 0.32 per cent, while Nifty closed at 24,538.85 points, down 102.95 points or 0.42 per cent. Indian stock markets opened flat as consolidation continued. “The market continued…
Source: Business Standard India’s retail inflation in September likely overshot the Reserve Bank of India’s (RBI) 4 per cent medium-term target. 3 min read Last Updated : Oct 10 2024 | 9:18 AM IST India’s retail inflation in September likely overshot the Reserve Bank of India’s (RBI) 4 per cent medium-term target for the…
Source: Live Mint — Nathan Mayer Rothschild 17 January 1991. Time: 2.38 am. Eight US Army Apache helicopters flew over the Iraqi–Saudi Arabian border and bombed some Iraqi radar sites. Five minutes later, 24 US Air Force fighter jets attacked airfields in Western Iraq. At 3 am local time, 10 more stealth attack jets raced…
Source: Business Standard The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then, it has held the rate at the same leve (Photo: Shutterstock) 5 min read Last Updated : Oct 06 2024 | 1:54 PM IST The Reserve Bank is unlikely to cut the benchmark…
Source: Business Standard RBI, Reserve Bank of India(Photo: Shutterstock) 1 min read Last Updated : Oct 04 2024 | 11:25 AM IST The newly constituted Monetary Policy Committee (MPC) includes three new external members: Ram Singh, Saugata Bhattacharya, and Nagesh Kumar. In this context, we review how inflation and policy rates performed under the previous…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 5:53 PM IST Indian government bond yields rose on Friday, with the benchmark 10-year yield settling at a three-week high, tracking a surge in oil prices and U.S. peers amid the widening conflict in the Middle East. The benchmark 10-year…
Source: Live Mint In an unfavourable turn of events, inflation measured by the Consumer Price Index (CPI) rose to 3.7% year-on-year in August, up from 3.6% in July, and surpassing Mint’s consensus estimate of 3.5%. Given the generous rainfall seen in August, expectations were that retail inflation would moderate as vegetable prices ease. The unexpected…
Source: Live Mint Indian stock market benchmarks witnessed a surprising decline last week after consolidating at all-time highs for 14 straight sessions dragged by weak global cues. In the second week of September, investors will closely monitor key triggers such as domestic and global macroeconomic data, including inflation in India and the US, foreign fund…
