Joins Zerodha and three other firms who are waiting in the wings for final approval
Posts in category Business Standard
First Bharat Bond ETF matures, delivers 6.5% annualised returns (20-04-2023)
Edelweiss MF has merged the ETF with Bharat Bond ETF 2025 post maturity on April 17
First Bharat Bond ETF matures, delivers 6.5% annualised returns (20-04-2023)
Edelweiss MF has merged the ETF with Bharat Bond ETF 2025 post maturity on April 17
Inflation’s grip on businesses loosened in March at the wholesale level (20-04-2023)
Inflation’s grip on businesses loosened greatly in March, raising hopes that companies and consumers will suffer less from high prices as 2023 rolls on.
The U.S. government said plunging energy prices pulled the producer price index down 0.5% in March from February.
It marks the biggest decrease in producer prices in three years and follows other reports showing easing inflation on broader consumer prices.
Producer prices, also known as wholesale costs, track prices in the production process before they reach the consumer.
As a result, the producer price index can provide early signs of where inflation is headed.
Some producer price data is also used in the construction of the Federal Reserve’s preferred measure of inflation, and so the decline in producer prices means the Fed’s preferred index may also decline or come in very low when it is reported next week.
Lower prices paid by businesses on raw materials and other items means they are less likely to raise prices in the month
ED seizes crypto currencies, assets of Rs 34.75 cr in illegal forex trading (20-04-2023)
The ED investigation has revealed that the online trading app and website are operating in India in association with India based entity OctaFx India Pvt. Ltd
Street positive on JLR’s electric vehicle strategy, sales outperformance (20-04-2023)
Higher volumes needed to offset the near term pressure on financials
Sebi bans ex-CEO of Care Ratings for 2 yrs for violating securities law (20-04-2023)
India’s market regulator on Thursday barred the former chief executive of Care Ratings Ltd from the securities market for two years for violation of rules
Market regulator Sebi penalises former audiitors of CG Power for violations (20-04-2023)
India’s market regulator penalised two former auditors of CG Power and Industrial Solutions Ltd on Thursday for rule violations, according to an order published on the regulator’s website.
Overnight rates stay above repo as banks borrow before VRRR maturity (20-04-2023)
The current reporting fortnight ends on Friday, and banks are scrambling to borrow funds to maintain the mandatory reserve requirements, traders said
Footwear stocks rally; Khadim, Liberty Shoes, Superhouse zoom up to 20% (20-04-2023)
Bata India, Metro Brands, Sreeleathers, Relaxo Footwears and Campus Activewear were up in the range of 2 per cent to 7 per cent