CBIC mandates timebound digital records of arrests
The Central Board of Indirect Taxes and Customs (CBIC), in a letter dated March 1 to all its zonal offices, has directed uploading of all details related to arrests, seizures and prosecution on the DRI (Directorate of Revenue Intelligence) Intelligence Gathering and Investigation Tool (DIGIT). The tool is hosted on the CBIC website.
SVB rivals field calls from startups seeking new home for funds
According to sources, JPMorgan has received dozens of client calls seeking to switch from SVB to the company. But, news is not all good for potential beneficiaries
6 stocks in which FIIs & MFs held over 25% stake in Dec quarter
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NSE moves 2 more Adani stocks to stage-II long-term surveillance frame
During instances of high volatility in stocks, exchanges move them to short-term or long-term additional surveillance framework to safeguard investors from speculative trades.
Bitcoin slips below the key $20K mark: Here’s why
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6 stocks in which FIIs & MFs hold over 25% stake in Dec quarter
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US stocks open lower as bank stocks drop
The Dow Jones Industrial Average dropped 69.72 points to open at 32,185.14
India’s forex reserves rise to $562.40 billion as of March 3
The reserves were at $562.4 billion, Reserve Bank of India data showed. The accretion was largely on account of overseas investment inflows into Adani group of companies. American firm GQG Partners pumped in $1.9 billion into four Adani companies.
SVB Financial shares slide again on concerns over balance sheet
SVB claimed its deposits were dropping faster than expected owing to increased spending by clients, mainly technology and healthcare startups
Tech View: Nifty forms hammer pattern on daily charts. What should traders do next week
Options data suggests a broader trading range between 17,000 to 17,800 zones, while an immediate trading range in between 17,200 to 17,600 zones.