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Reserve Bank of India deputy governor Poonam Gupta stated that food’s significant weight and price swings in India’s Consumer Price Index complicate inflation forecasting. This is crucial for monetary policy decisions. The RBI uses various models and indicators to predict inflation and growth. Forecasts for 2025-26 show inflation at 2.6%. Data updates are vital for...
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ICIL offloaded 34.3 million Airtel shares worth Rs 7,200 crore to long-term institutional investors, cutting its stake below 1%. The sale saw strong global interest and came at a slight discount to market price.
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Nifty surged past 26,200, reversing a three-day losing streak on broad-based buying. Analysts signal renewed bullish momentum, highlighting key support levels and upside targets while recommending L&T Finance and Man Industries for short-term gains
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Wall Street’s main stock indexes opened higher on Wednesday, as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve could cut interest rates in December.
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Whirlpool Mauritius plans to offload up to 7.5% stake in Whirlpool of India via a block deal at a steep discount. The stock continues to underperform, trading in oversold territory after weak Q2 earnings and year-long declines amid sector-wide gains.
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The market heavyweight stock went up by 1.99 per cent to settle at Rs 1,569.75 on the BSE. During the day, the stock rallied 2.12 per cent to Rs 1,571.80 — its 52-week high.
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Benchmark indices jumped on strong sectoral support from financials, energy, IT and autos, while stocks such as Swaraj Suiting, MCX, Reliance Power, Gallard Steel, Natco Pharma, Bharti Airtel and Chennai Petroleum saw major action driven by news flows and market sentiment.
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Currently, applicants are required to hold a graduate or postgraduate degree in finance-related fields such as Finance, Business Management, Commerce, Economics, or Capital Markets to be eligible for registration.
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On the day, the benchmark 10-year yield settled at 6.4934%, its lowest since November 12. It ended at 6.4984% on Tuesday. Bond yields rise when prices fall.
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