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HDFC Bank Shares plunge 2.4% at market opening due to MSCI Index changes

HDFC Bank shares drop at market opening due to MSCI Index changes Shares of the leading private bank, HDFC Bank, declined sharply as the market...

Malaysia initiates anti-dumping investigation on PET imports from China and Indonesia

Malaysia Launches Anti-Dumping Duty Investigation into PET Imports from China and Indonesia Malaysia has initiated anti-dumping duty investigations into imports of polyethylene terephthalate (PET) from...

RBI imposes monetary penalty on 2 Co-operative Banks

The RBI in action: The Reserve Bank of India (RBI), by an order dated August 5, 2024, has imposed a monetary penalty of ₹50,000 on...

The World Bank news: Nepal’s government and the World Bank have signed a $100 million agreement to enhance provincial and local road networks

The World Bank news update: The Government of Nepal and the World Bank have entered into a financing agreement for a $100 million concessional loan...

RBI MPC Update: The repo rate remains unchanged at 4.5%, and inflation continues to be a concern.

RBI MPC update: Today, the Reserve bank of India MPC press conference was held, and the RBI Governor, Mr. Shaktikanta Das, briefed the public about...

Insurance news updte: Severe thunderstorms push insured losses to USD 60 billion in the first half of 2024: Reports

Insurance news updte: Global Insured Losses from Natural Catastrophes in the First Half of 2024 According to preliminary estimates from the Swiss Re Institute, the...

Mox Virtual Bank expands investment offerings to include cryptocurrency ETFs

Mox Virtual Bank in Hong Kong launches Bitcoin and Ethereum ETF trading Hong Kong-based virtual bank Mox announced it has expanded its investment options to...

LIC launches new term insurance products for young individuals

LIC launches new term insurance products The Life Insurance Corporation of India (LIC) has introduced a new range of term insurance products specifically tailored for...

Stock Market Live: Markets experience high volatility amid global turmoil

Stock market live: The Indian stock market is trading cautiously amidst global turmoil. Today, major indices opened with gains, as the Nifty50 and Sensex rose...

Stock Market update: Nifty and Banknifty index fell 3% as tensions in the Middle East intensified

Stock Market update The Indian stock market plummeted by 3% as tensions in the Middle East escalated. Global markets also appeared weak, with Japan's Nikkei...

SBI reports Q1 FY25 results: Net profit rises marginally to ₹17,035.16 crore

SBI reports Q1 FY25 results: The State Bank of India (SBI), the largest lender in the country, reported its financial results for the first quarter...

World Bank Approves $600 Million for Türkiye Earthquake Recovery Project

World Bank Approves $600 Million to Revive Micro Enterprises in Türkiye's Earthquake-Hit Areas The World Bank Board has approved $600 million in financing to support...
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BlackRock forecasts cryptocurrency and blockchain as key market forces by 2026

BlackRock, the global investment giant overseeing $10 trillion in assets, has highlighted Bitcoin, Ether, and stablecoins as key forces shaping global markets by 2026. In...

Binance will list Ripple USD (RLUSD) and introduce RLUSD zero trading fee promotion

Ripple's dollar-pegged stablecoin RLUSD will launch spot trading on Binance starting Thursday, initially supporting the Ethereum blockchain, with integration into Ripple's own XRP Ledger...

Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31...

Cabinet approves equity support to Small Industries Development Bank of India

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...