Posts in category Economic Times
Currencies calm but cautious after a weary week (22-04-2024)
Eyes are on the yen this week, with the Bank of Japan's (BOJ) Friday policy review the notable item on the economic calendar.
Once Adani-heavy, 8 FPIs look to settle with Sebi (22-04-2024)
The legal representatives of eight FPIs - Albula Investment Fund, Cresta Fund, MGC Fund, Asia Investment Corporation (Mauritius), APMS Investment Fund, Elara India Opportunities Fund, Vespera Fund and LTS Investment Fund - have filed a total of 16 settlement applications with Sebi.
Monarch Networth closes its third AIF (22-04-2024)
The collective assets under management (AUM) of MNCL currently stand at over 1,000 crore, the fund said. MNCL is also likely to launch a Portfolio Management Service (PMS) during this fiscal year.
Pre-market action: Here’s the trade setup for today’s session (22-04-2024)
Markets saw some relief at the start of Thursday's session but failed to sustain at higher levels amid volatility and declined for the fourth consecutive day.
Stocks in news: RIL, Wipro, HDFC Bank, UltraTech, IREDA (22-04-2024)
Shares of RIL, Hatsun Agro Products and Tejas Networks will be in focus as the companies will announce their fourth quarter results today.
Track fishy transactions, RBI tells payment firms (22-04-2024)
The central bank has also asked payment companies to monitor and report high-value merchant payments during ongoing general elections. In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent likely misuse of e-fund transfer systems to influence voters or indirectly fund poll candidates.
US Fed’s preferred inflation gauge to back rate-cut hold (22-04-2024)
The measure is seen accelerating slightly to 2.6% on an annual basis as energy costs rise. The core metric, which strips out energy and food, is expected to rise 0.3% from the prior month after a similar gain in February.
‘Magnificent 7’ earnings under watch amid tech slump (22-04-2024)
But hope is on the horizon. Profits for the Mag Seven - which also includes Apple, Amazon.com and Nvidia - are forecast to rise 38% in the first quarter from a year ago, dwarfing the overall S&P 500's 2.4% anticipated year-over-year earnings growth, according to Bloomberg Intelligence data.