Posts in category All News
Household debt needs to be kept under watch (28-06-2024)
"With overall household savings declining to 18.4% of GDP (gross domestic product) in FY23 from an average of 20% of GDP over 2013-2022, and coupled with an increasing trend in financial liabilities, household debt warrants close monitoring from a financial stability perspective," the Reserve Bank of India (RBI) said in its latest Financial Stability Report released on Wednesday.
AI, 3rd-party tech likely to intensify risks of cyberattacks (28-06-2024)
A major cyber incident in these IT service providers may in turn impact multiple regulated entities simultaneously, causing a cyberattack on a system-wide level. "In the recent past, multiple incidents involving payment and settlement systems have led to significant disruptions in interbank transactions and payment failures," the report stated.
Stocks in news: HCL Tech, Polycab, SAMHI Hotels, Archean Chemical, Ambuja Cement (28-06-2024)
Sagar Cements re-appointed S Anand Reddy as Managing Director and S Sreekanth Reddy as Joint Managing Director of the company for a period of three 3 years.
Pre-market action: Here’s the trade setup for today’s session (28-06-2024)
"The index would have the next target of 24500 level, as mentioned earlier, with 23500 zone maintained as the support as of now," said Vaishali Parekh, Vice President, Technical Research, Prabhudas Lilladher.
RBI’s new valuation rule may hit banks’ trading gains in Q1 (28-06-2024)
Government bond yields have declined in the current quarter due to foreign inflows ahead of inclusion of domestic debt in JPMorgan's emerging market index. Yields on the 10-year benchmark government bond were at 6.99% on Thursday, down from 7.05% at the end of the March quarter.
India Cements in talks with BofA, Nomura to raise Rs 500 crore (28-06-2024)
India Cements had mandated ICICI Bank and EY to arrange for the debt from lenders including private credit funds, as reported earlier and they have been in talks with lenders including private credit funds.
Traders like a ‘volatile & unpredictable’ Trump (28-06-2024)
With he and President Joe Biden running neck-and-neck ahead of their first debate Thursday night, investors have already been trying to game out how the Republican's return to the White House could affect everything from the electric-vehicle industry to the direction of long-term interest rates.
Sebi approves stricter norms for inclusion of individual stocks for derivative trading (27-06-2024)
The criteria for exit would apply to only those stocks which have completed at least six months from the month of entry into the derivative segment. while for existing stocks in the derivatives segment, the exit criteria on the basis of performance would be applicable three months after the date of issuance of circular, Sebi said.
N.F.L. Ordered to Pay Billions in Sunday Ticket Lawsuit (27-06-2024)
The case, which cut to the heart of the league’s media strategy, centered on a subscription service that aired out-of-market games for roughly $300 a year.