MUMBAI: Markets regulator Sebi on Monday issued a warning to investors — its third this year — about unauthorised entities trying to engage investors through platforms and apps that could lead to losses. The proliferation of financial frauds is prompting Sebi to issue frequent advisories and warnings to investors.The advisory said that some apps/web applications/…
Individuals with surplus funds or maturing FDs could consider current high-interest rates for reinvestment. (AI image) Top 5 Bank FDs: Bank Fixed Deposits (FDs) remain a popular choice among conservative investors seeking stable returns. The current high-interest-rate scenario presents an opportune moment for investments, particularly before potential repo rate reductions by the RBI. Selecting the…
Reliance intends to proceed with the Jio IPO in 2025, following the company’s achievement of becoming India’s leading telecom provider. Reliance Jio IPO: Mukesh Ambani, the Indian billionaire, is planning to list his telecommunications company Jio on the stock exchange by 2025. Analysts value the company at more than $100 billion, while his retail business…
Analysts suggest that a Harris victory would maintain current economic conditions with minimal market impact, while a Trump win could significantly affect emerging markets. US Elections: Financial markets appear to be positioning for a Donald Trump victory and Republican dominance in the upcoming November 5 US presidential election, despite the race remaining undecided, according to…
Banks will be closed on several festivals days including Diwali Amavasya, Kut festival. Bank Holidays November 2024: Banks will observe 13 holidays in November 2024 due to various national and regional celebrations. The RBI’s website lists these holidays for different states. Regular closures include Sundays and the second and fourth Saturdays.Banks will be closed on…
Indian Railways new super app will enable users to book tickets, purchase platform passes, and monitor train schedules. New Indian Railways ‘super app’ soon! The Indian Railways plans to introduce a comprehensive mobile application by the end of December, combining various passenger services into a single platform, according to officials familiar with the development.The application…
Analysts anticipate continued market sensitivity to foreign fund outflows and subdued earnings reports. (AI image) Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmark indices, plunged in trade on Monday. While BSE Sensex plunged over 1,000 points, Nifty50 went below the 24,000 mark. At 10:20 AM, BSE Sensex was trading at 78,705.97,…
MUMBAI: Foreign investors sold about Rs 94,000-crore ($11.2 billion) worth of Indian stocks in October – the biggest monthly outflow ever – triggered by elevated stock valuations in India and lucrative prices in China, NSDL data showed.FPIs, or foreign portfolio investors, have a huge influence on Dalal Street, and their latest flight has dragged key…
NEW DELHI: In an era marked by rapid advancements in artificial intelligence (AI) and evolving workplace dynamics, a new management trend is stirring concern among employees and labour experts alike. Known as “silent firing,” this subtle approach to workforce reduction involves employers making working conditions uncomfortable or demoralising for certain employees, effectively nudging them to…
NEW DELHI: After slashing the power supply to Bangladesh over non-payment of dues, Adani Power has set a deadline of Nov 7 to switch off the flow of electricity if there is no clarity on settlement of the outstanding amount that adds up to almost $850 million (around Rs 7,200 crore). Adani had set a…
