US Presidential Election: The campaign for the US presidential election is at its peak. Both the Republican and Democratic parties have put in their best efforts. But, it seems that everything is not going well for Republican candidate Donald Trump in this election. First he lost to Kamala Harris in the presidential debate and now … Read more
Foreign portfolio investors (FPIs) have invested a net Rs 27,856 crore in the Indian stock markets in the first 15 days of September. The main reasons behind this are the strength of the Indian market and the increasing expectation of interest rate cuts in the US. There is a general consensus that the Federal Reserve … Read more
The Federal Reserve may cut interest rates for the first time in more than 4 years on September 18. However, policymakers can debate how big a move it can prove to be with less than two months left for the US presidential election. US central bank Federal Reserve Chairman Jerome Powell and several other bank … Read more
The market capitalization (m-cap) of 9 out of the top 10 most valuable companies of Sensex increased by Rs 2,01,552.69 crore last week. Bharti Airtel was the biggest gainer. Last week, the 30-share BSE Sensex gained 1,707.01 points or 2.10 percent. During the week, the market cap of Bharti Airtel increased by Rs 54,282.62 crore … Read more
In the last 18-24 months, a lot of dispute has been seen between the current management of Religare and the Burman family. Amidst this dispute, very serious and sharp allegations have been made by both the parties regarding violations related to corporate governance. On September 6, the Enforcement Directorate (ED) registered an FIR against Religare’s … Read more
GST investigation arm DGGI (Directorate General of Goods and Services Tax Intelligence) has detected 6,084 cases of GST evasion worth Rs 2.01 lakh crore in the financial year 2023-24. This amount is double the GST evasion of Rs 1.01 lakh crore detected in 4,872 cases during 2022-23. During the investigation, online gaming, BFSI in services … Read more
The Maharashtra Government in Mumbai eid-e-milad (Eid-e-Milad) holiday has been postponed. In view of Ganesh Visarjan on Anant Chaturdashi on 17 September, local leaders of the Muslim community had requested the state government regarding this. Therefore, now Eid-e-Milad holiday in Mumbai will be on 18 September instead of 16 September. After this decision of the … Read more
At the Modular conference, organized by the Ripio exchange in São Paulo, Brazil, Alexandre Guilherme, a researcher at Paradigma Education, offered his perspective on the phenomenon of memecoins or meme cryptocurrencies. These assets, although speculative, are simple to understand and have a cultural appeal that makes them stand out in the market, He stated the … Read more
According to the August 2024 employment report in the US, the US label market was more sluggish than expected. Bond yields are indicating that traders are preparing for a recession. Even the Federal Reserve’s probability model is predicting a 61.8 percent chance of recession in the next 12 months, the highest since the 1980s. Could … Read more
IPOs This Week: In the week starting from 16th September, 7 new IPOs will hit the primary market. 2 issues are from the mainboard segment. There will also be an opportunity to invest money in the 5 IPOs that are already open in the new week. Talking about the listing of companies in the stock … Read more