The US dollar is experiencing a significant rally. Traders are betting the Federal Reserve will raise interest rates soon. This has strengthened the dollar against major currencies like the euro, Canadian dollar, and yen. The Fed’s policy update is boosting US assets. The US economy’s strength is also a factor. Oil prices are retreating following...Read More

Money market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidity fall. Economists expect liquidity to improve in the second quarter due to RBI measures. The RBI is currently providing temporary liquidity support through Variable Rate Repo operations.Read More

Insurance platform Turtlemint Fintech Solutions aims to raise ₹882 crore via IPO to boost technology and working capital. Despite revenue growth, the company has reported losses due to expansion investments. Operating in a regulated sector, potential commission changes pose a risk. Investors might await clearer financials post-listing.Read More

Dozens of investors, including public sector banks and insurers, are poised for substantial gains from the upcoming National Stock Exchange IPO. SBI alone expects to rake in over ₹5,000 crore. Other funds and institutions, with stakes dating back to the 90s, are also set to receive significant returns.Read More

NSE’s upcoming IPO is set for a discount compared to its peer BSE. This valuation reflects slower growth in NSE’s core business. BSE, however, is seeing strong performance. Its derivatives segment has seen significant revenue increases. Transaction income has also surged. This performance is driving BSE’s premium valuation in the market.Read More

The Indian rupee strengthened for the fifth consecutive session, closing at 94.33 against the dollar. This gain to a six-week high was supported by Brent crude oil prices falling below $78 per barrel and the unwinding of long dollar positions. The Reserve Bank of India intervened to absorb dollars as the rupee reached an intraday...Read More