The Reserve Bank Governor Shaktikanta Das on Monday stressed the need for greater participation of Indian banks in rupee derivatives market, both domestically and offshore, while being prudent. RBI Governor stated that participation of domestic banks in derivative markets remains limited with only a small set of active market-makers. Going forward, he said thatour focus should be on enhancing and widening the participation of Indian players in markets for INR derivatives, both domestically and offshore, while being prudent.
Posts in category Business Standard
Omaxe arm to set up Rs 1500 cr multi sports facility in Delhi’s Dwarka (08-04-2024)
As per the agreement, Omaxe’s subsidiary will develop an outdoor stadium with a minimum 30,000 seating capacity. The indoor stadium is expected to have a capacity for 2000 people. This is expected to host kabaddi, badminton, table tennis, chess, kickboxing, boxing and other events. The company will build and maintain the sports stadium and club for 30 years, thereafter it would be handed over to DDA. The commercial facilities will be developed and maintained by the Company on a leasehold basis for a period of 99 years.
JLR records 20% growth in sales for FY2024 (08-04-2024)
JLR today reports its full year sales are up over 20 per cent year-on-year reflecting improved production and sustained global demand.
Singapore Market ends marginally in red (08-04-2024)
Investors’ focus this week will be on the U.S. consumer price index (CPI) report, along with speeches by Federal Reserve officials and the release of minutes of the Fed’s March FOMC meeting.
Oil prices edge lower on Israel-Gaza ceasefire talks after 6 months of war (08-04-2024)
Brent crude futures dropped 90 cents or 1%, to $90.27 a barrel by 1000 GMT. U.S. West Texas Intermediate crude was down 86 cents, or about 0.9%, at $86.05
Board of Rama Steel Tubes allots 1 cr equity shares on conversion of warrants (08-04-2024)
At meeting held on 08 April 2024
Hong Kong Market ekes out gain (08-04-2024)
However, market gains capped on caution ahead of key economic data to be released this week. Investors’ focus this week will be on the U.S. consumer price index (CPI) report, along with speeches by Federal Reserve officials and the release of minutes of the Fed’s March FOMC meeting. In China, credit data, inflation readings and trade figures are also due this week.
Royal Orchid Hotels opens new property ‘Velmore’ in Kasauli (08-04-2024)
Powered by Capital Market – Live News
China Market falls ahead of economic data (08-04-2024)
China is expected to publish inflation figures for March on Thursday and foreign trade data on Friday. The People’s Bank of China is also expected to publish data on loans, money supply and aggregate financing.
Prestige Estates sales jumps 21% YoY in Q4 (08-04-2024)
Prestige Estates Projects said that its sales stood at Rs 4,707 crore in Q4 FY24, registering the growth of 21% YoY.