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Friday, June 21, 2024

Sensex logs new record on foreignfund inflows

The Sensex and Nifty reached new lifetime highs driven by robust buying in major stocks like Reliance, ICICI Bank, and HDFC Bank, alongside rising foreign capital inflows. The rally was supported by stable global crude prices as investors sought fresh market triggers.

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Rupee hits new low of 83.67 vs dollar

The rupee hit a historic low of 83.67 against the dollar due to significant outflows, importer demand, and global factors. The Reserve Bank of India's limited intervention led to a weaker close. The market eagerly awaits the impact of the Budget and the inclusion in JP Morgan's Emerging Markets Index.

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Thursday, June 20, 2024

RBI governor asks banks to stop 'mindless pursuit of profit'



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Xi Jinping’s mystery plans take shape with biggest shift in years

A cryptic quote from President Xi Jinping in a recently published book has led to emerging plans for a significant shift in China's monetary policy. Pan Gongsheng, the governor of the People’s Bank of China (PBOC), announced that the PBOC is exploring trading government bonds in the secondary market to regulate liquidity, in line with Xi’s directive to "enrich the monetary policy toolbox."

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Tuesday, June 18, 2024

PSBs beat private banks in 'efficiency': SBI study



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Monday, June 17, 2024

FD Calculator: How Much Will Rs 10,000 Invested in Fixed Deposits Grow To? Check Top 5 Bank FDs



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SIPs: This mutual fund equivalent of bank recurring deposits can make you a crorepati - here’s how

SIP route to become a crorepati? An investor who invests Rs 10,000 per month in the BSE Sensex TRI (Total Returns Index) for 25 years would accumulate Rs 2.71 crore.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/y1ivEOZ
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