The public offering is a major step for NSE after its plans to list on the stock exchanges remained stuck. (Image for representative purpose only) NSE IPO: The Initial Public Offering (IPO) of National Stock Exchange of India (NSE), the country’s largest stock exchange by total turnover across the cash market and equity derivatives segments,…
Brent drops 1.2% in early trade to $104.59 as Saudi offers crude through Oman (AI-generated image) Oil prices fell on Thursday, extending the previous session’s losses, as reports that Saudi Arabia was arranging additional crude shipments through Oman eased concerns over supply disruptions in the Middle East.Brent crude futures fell $1.24, or 1.2%, to $104.59…
Day will also witness the listing of six companies after their IPO bids closed last week MUMBAI: Thursday is going to be a busy day for Dalal Street. While the much-awaited NSE IPO will open for subscription, the day will also witness the listing of six companies after their IPO bids closed last week.These companies,…
RBI’s FAQ clarifies why Tata Sons remains an NBFC despite being debt-free and having no direct public borrowings. MUMBAI: Even as Reserve Bank of India rejected Tata Sons’ application to surrender its registration as an NBFC in a terse letter on Friday, it updated its FAQ on NBFCs on Monday, setting out the regulatory provisions…
New Zealand parliament clears FTA with India NEW DELHI: New Zealand parliament has voted in favour of the trade agreement with India, setting the stage for its operationalisation. “People told me a FTA with India wasn’t possible. Well, today that deal passed its final vote in Parliament. It’s happening. National said we’d secure an FTA…
Trump argued that lower interest rates were justified by the US’s strong credit standing and booming investment (Fed Chair Warsh with Trump- file photo) US President Donald Trump called for sharply lower interest rates after the Federal Reserve raised its benchmark rate by 25 basis points to a 3.75 per cent-4 per cent target range,…
US Federal Reserve chief Kevin Warsh US Federal Reserve Chair Kevin Warsh-led Federal Open Market Committee (FOMC) on Wednesday hiked the key interest rate to 3.75%-4% target range. This is the first interest rate hike since 2023.“The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4…
The brother-in-law had argued that the GPA’s “power to gift” effectively gave him ownership. (Image for representative purpose only) Family disputes can be tricky especially those involving property. In one such case a brother-in-law allegedly did not pay the full due amount to the sister-in-law for the sale of land. The family property dispute over…
Fundamentally, gold’s near-term outlook stays cautiously bearish, with Fed guidance the key swing factor. Gold price prediction today: Gold’s outlook in the near-term continues to be cautiously bearish, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is here detailed view and outlook on gold prices:Oil prices have…
The RBI said the move would help UPI “continue to scale, innovate and serve consumers.” NEW DELHI: The Reserve Bank of India has backed the introduction of a Merchant Discount Rate (MDR) on large-value UPI transactions, saying the move would help strengthen the long-term sustainability of India’s digital payments ecosystem.The National Payments Corporation of India…