EU moves to tweak rules on foreign central counterparties amid tussle between RBI and European regulators
ET has seen a document dated February 13 that showed the General Secretariat of the Council of the European Union has sent two proposals to the Permanent Representatives Committee of the council concerning treatment of central counterparties. This has been a bone of contention between the RBI and the EU authorities since October 2022.
MoSPI reduces no. of GDP estimates, timeline by a year
The ministry will now release five GDP numbers instead of six, with the final revision coming nearly two years from the completion of the financial year instead of three.
PMI, GST mopup point to India’s resilient economy in Q4
NCAER noted that high frequency indicator like Purchasing Managers’ Index and Goods and Services Tax collection indicated a resilient economy with services accelerating and manufacturing gaining momentum.
Goldman Sachs added these 8 stks to its India portfolio in Q3
Goldman Sachs India publicly holds 37 stocks with a net worth of over Rs 5,077 crore as per the latest corporate shareholdings data. Their portfolio value rose 24% to Rs 5155.44 crore for the quarter ended December. Let’s take a look at the top stocks where this FII investor picked up a fresh stake recently […]
RBI proposes norms for disclosure of climate-related financial risks for lenders
Climate-related disclosures by regulated entities is an important source of information for different stakeholders — customers, depositors, investors and regulators — to understand relevant risks faced and approach adopted to address such issues.
Tech View: Nifty ends near 20-DEMA. What traders should do on Thursday expiry
Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term.
Technical Stock Pick: CAMS gives a breakout from 100-week consolidation; time to buy?
CAMS is India’s largest Mutual Fund Transfer Agency that provides MF Services & Statements. Service partner to AIFs, Insurance Companies, Banks & NBFCs, according to the company website.
Ease of doing biz: Sebi mulls relaxing enhanced disclosure framework for certain FPIs
Capital markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business.
Bharat Highways InvIT IPO opens for subscription. Should you bid?
Bharat Highways InvIT IPO: The IPO of Bharat Highways InvIT has opened for subscription to raise Rs 2,500 crore. The net proceeds will be used for loans to project SPVs and other corporate purposes. Analysts advise subscribing as the company plans to expand its asset base through acquisitions and benefit from government focus on infrastructure.
Rs 6 lakh investment doubles in 5 years with this large & midcap mutual fund scheme. Check details
The HDFC Large and Mid Cap Fund which was launched in February 1994 has delivered absolute returns of 21.54% which is slightly higher than the returns given by its benchmark Nifty Large-Midcap 250 Index (TRI) at 20.75%. Its CAGR returns since inception stand at 12.82%.