Posts in category Business Standard
Vakrangee partners with Max TV to provide OTT services (12-04-2024)
Vakrangee said that it has entered into agreement with Global One Enterprise (Max TV) for offering subscription based OTT Plans through Vakrangee Kendra networks.
Stocks to Watch today: TCS, Bharti Hexacom, PVR Inox, BoB, Vodafone Idea (12-04-2024)
Stocks to watch on Friday, April 12, 2024: TCS to announce March quarter results today; likely to set the tone for the IT sector; Bharti Hexacom to debut.
Forex derivatives fiasco puts spotlight on regulatory risk in India (12-04-2024)
Zerodha Broking Ltd. warned its clients to close open positions and cautioned about liquidity drying up
Stock Market Live: BSE Midcap, Smallcap trade higher versus benchmark indices (12-04-2024)
Stock market live on Friday, April 12: On Friday, Asia-Pacific markets showed a mixed trend as investors evaluated economic data from Singapore and South Korea and also awaited China's trade
Eraaya Lifespaces reports standalone nil net profit/loss in the March 2024 quarter (12-04-2024)
Sales rise 7625.00% to Rs 15.45 crore
Soft or no landing? US Fed’s economic picture becomes complicated (11-04-2024)
Fed policymakers have taken an increasingly cautious tone when they talk about when and how much they might lower borrowing costs
Biden predicts Fed will cut rates by end of year despite high inflation (11-04-2024)
Biden in a statement earlier Wednesday acknowledged the administration had more to do to lower prices
Mutual funds SIP investments increase 28% to Rs 2 trillion in FY24 (11-04-2024)
Buoyant economic outlook and increased market participation helped drive the inflows in the mutual fund industry through systematic investment plans or SIPs route to record Rs 2 lakh crore in 2023-24, marking a rise of 28 per cent year-on-year.
In comparison, an inflow of 1.56 lakh crore was witnessed through this route in 2022-23, Rs 1.24 lakh in 2021-22 and Rs 96,080 crore in 2020-2021, data with the Association of Mutual Funds in India (Amfi) showed.
Moreover, mutual fund SIP contribution has seen over four-fold rise during the last seven years. It was Rs 43,921 crore in 2016-17.
Additionally, SIP book has also grown consistently from Rs 14,276 crore in March 2023 to an all-time high of Rs 19,270 crore in March 2024, indicating a growth of 35 per cent.
The SIP contributions consistently exceeding Rs 19,000 crore for two straight months in February and March this year signal a shift towards a more disciplined investment strategy among investors.
"This disciplined approach is fur
US dollar turns lower after producer prices for March, jobless claims data (11-04-2024)
A separate report showed the U.S. initial jobless claims were 211,000 for the week ended April 6, compared with a forecast for 215,000 claims
Fundraising via qualified institutional placements gains traction in 2024 (11-04-2024)
23 firms raised Rs 23,393 crore in 2024 via this route, almost half compared to the previous year