In a first, India’s forex kitty swells above $700-billion mark

October 5, 2024

This rise in reserves comes on the back of foreign investment in local equities, along with inflows due to Indian government bonds being included in the JP Morgan Emerging Market Index. FPIs invested $11.1 billion in Indian stocks in September, NSDL data showed, whereas investment in government bonds through the fully accessible route increased by over $2 billion, CCIL data showed.

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Sebi imposes Rs 3 lakh fine on Motilal Oswal Financial Services for violations of stock brokers’ norms

Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers’ norms.

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SGB’s 2017 tranche gives 225% returns on early exit. Check next premature redemption date

Investors in SGB 2017-18 Series X earned a 225% return on premature redemption, receiving ₹9,630 per gram against the issue price of ₹2,961. The gain

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