In a strategic maneuver to bolster market liquidity, the Reserve Bank of India has infused a significant fifty thousand crore rupees into the banking sector. As businesses prepare for advance tax and GST payments later this month, this liquidity boost comes at a crucial time.Read More
The regulator last year proposed to halve the minimum amount of shares large companies had to offer in their IPOs, allowing those valued at above Rs 5 lakh crore ($57 billion) after listing to sell just 2.5% of their paid-up capital. This has now been formally notified by the governmentRead More
The rupee hit a fresh closing low of 92.46 against the dollar on Friday, driven by concerns over rising crude oil prices and geopolitical worries in the Middle East. Sustained foreign fund outflows and importer demand further pressured the currency, with the Reserve Bank of India intervening to slow its fall.Read More
US stocks experienced a downturn on Friday, with major indices set to end the week lower amid mixed economic data and escalating Middle East conflict. Investors are now anticipating fewer Federal Reserve rate cuts this year, as rising energy costs and slowing economic growth fuel stagflation fears.Read More
The surge in energy prices triggered by the conflict in the Middle East has significantly strengthened the dollar, paradoxically undermining US President Donald Trump’s economic objectives.Read More
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