Posts in category Economic Times
AIFs want to know extent of exclusion for equity play now (30-03-2024)
On Wednesday, the Reserve Bank of India (RBI) allowed banks and NBFCs to exclude AIF investments in equity shares of their debtor companies, but included all other investments, including those in hybrid instruments.
India building buffers… rupee should be on a long-term appreciation path against dollar: BofA’s Patrick Law (30-03-2024)
"I am very bullish on India. It's not just about global bond index inclusion. It's about the long-term prospects of the country and the economy, foreign inflows, and investment. India is definitely benefiting from the China-plus-one narrative."
Investors get relief on KYC, can continue with SIPs and SWPs (30-03-2024)
CDSL Ventures said on March 28 that investors whose KYC record meets the PAN - Aadhaar seeding validation and whose email and mobile number are validated by KRA will be allowed to continue transactions in the securities market with their existing intermediary.
Powell reiterates Fed doesn’t need to be in a hurry to cut interest rates (30-03-2024)
Fed officials held short-term interest rates at a more than two-decade high at that meeting, and a narrow majority penciled in three rate cuts for 2024. Powell said at the time that it would likely be appropriate to ease policy "at some point this year." But he and other policymakers have made clear they're in no rush given the underlying strength of the economy and recent signs of persistent price pressures.
Should you invest in meme coins? Crypto educator Gopal Dutt Vashisht guides you through the decision to invest in Crypto Academy episode 3 (29-03-2024)
Meme coin trading surges on Indian exchanges, sparking investor interest. Vashisht advises cautious investment due to risks. Diversify portfolios with meme coins wisely for balanced returns. Crypto Academy offers insights on meme coin dynamics and investments.
Dalal Street minnows steal the show in FY24; give hefty returns to investors (29-03-2024)
As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the 2023-24 fiscal, while the small-cap index climbed 16,068.99 points or 59.60 per cent. In comparison, the 30-share BSE Sensex raked in a gain of 14,659.83 points or 24.85 per cent during the fiscal under review.
Ecos Mobility & Hospitality files DRHP to raise funds via IPO (29-03-2024)
The promoters of the company are Rajesh Loomba, Aditya Loomba, Rajesh Loomba Family Trust and Aditya Loomba Family Trust.
Shakti Pumps raises Rs 200 crore through QIP (29-03-2024)
Shakti Pumps (India) announces closure of Rs 200 crore QIP. With this fundraise, our balance sheet is placed well and will give us the opportunity to improve our market presence and consistently deliver strong results in the times ahead
Shapoorji Pallonji Group’s flagship firm, Afcons Infrastructure, files DRHP to raise Rs 7,000 crore via IPO (29-03-2024)
According to the draft papers, the IPO, with a face value of Rs 10 per equity share, is a mix of fresh issue of shares of Rs 1,250 crore and an offer for sale of up to Rs 5,750 crore by Goswami Infratech Private Limited.