PhonePe’s Share.Market adds F&O segment to its offerings
Wealth and investment platform by PhonePe, Share.Market, on Friday introduced its Futures and Options (F&O) segment. “The introduction of F&O capabilities on Share.Market enhances the platform’s offerings, with a comprehensive option chain analysis to track options.
JSW Energy raises Rs 5,000 crore by selling shares to investors, including ADIA
JSW Energy said the proceeds from the QIP will further bolster its capital structure, enhance financial flexibility and enable the company to accelerate its ambitious growth plans.
Wall Street indexes rise after strong jobs data
U.S. Labor Department data showed employers hired far more workers in March than expected and kept steadily lifting wages, suggesting the economy ended the first quarter on solid ground.
Bharti Hexacom IPO retail segment subscribed 2.9x
The company’s only public shareholder, Telecommunications Consultants India divested 15% stake in the company.
MSCI May rejig to trigger $3.2 billion inflows into 17 stocks
MSCI will announce the changes in the constituents of the MSCI global standard indices on May 14, while the changes will take place on May 31.
Food inflation on mind, RBI holds interest rates steady
India is probably a positive outlier in the world hobbled with economic challenges, offering Mint Road the opportunity to further consolidate its war on inflation that has been restrained over the past few quarters from leaping. However, risks to price stability have not entirely receded into the background, said RBI Governor Shaktikanta Das, after the […]
You can now make card-less deposits via UPI
The Reserve Bank of India (RBI) has introduced a new system allowing users to make payments from prepaid payment instruments through third-party applications and deposit cash at ATMs using UPI. This move will enhance customer convenience and make the currency handling process at banks more efficient.
Forex reserves accumulation to continue despite record kitty
Central bank continues to build reserves to counter volatility, with India’s reserves at $645.6 billion. Governor Das emphasizes the need to create a buffer for future risks. Governor Das, in his monetary policy statement, has said that the external sector is resilient and the latest external vulnerability is eminently manageable. The country’s forex reserves are […]
RBI permits FPIs to invest in sovereign green bonds via IFSC
At present, foreign portfolio investors (FPIs) registered with the Securities and Exchange Board of India (Sebi) are allowed to invest in sovereign green bonds under the various routes available for FPI investment in government bonds.
Banks, financial entities must prioritise governance, compliance: Guv Das
Speaking to the media after announcing the policy, the governor also said that financial stability is a joint responsibility of the regulator and the regulated entity. “We supervise all major entities. Wherever we see a problem, we first engage with the entity to see that corrective actions are taken. Where we see that the problems […]