Himachal Pradesh probes 1,680 failed drug samples in Baddi March 30th, 2024 11:27
Detailed findings on the samples likely to be tabled in July 

Powell reiterates Fed doesn't need to be in a hurry to cut interest rates March 30th, 2024 10:27
Fed officials held short-term interest rates at a more than two-decade high at that meeting, and a narrow majority penciled in three rate cuts for 2024. Powell said at the time that it would likely be appropriate to ease policy "at some point this year." But he and other policymakers have made clear they're in no rush given the underlying strength of the economy and recent signs of persistent price pressures.

Investors get relief on KYC, can continue with SIPs and SWPs March 30th, 2024 10:27
CDSL Ventures said on March 28 that investors whose KYC record meets the PAN - Aadhaar seeding validation and whose email and mobile number are validated by KRA will be allowed to continue transactions in the securities market with their existing intermediary.

India building buffers... rupee should be on a long-term appreciation path against dollar: BofA's Patrick Law March 30th, 2024 10:27
"I am very bullish on India. It's not just about global bond index inclusion. It's about the long-term prospects of the country and the economy, foreign inflows, and investment. India is definitely benefiting from the China-plus-one narrative."

AIFs want to know extent of exclusion for equity play now March 30th, 2024 10:27
On Wednesday, the Reserve Bank of India (RBI) allowed banks and NBFCs to exclude AIF investments in equity shares of their debtor companies, but included all other investments, including those in hybrid instruments.

Edelweiss invests Rs 775 cr in Prateek Realtors and Suruchi Properties March 30th, 2024 10:27
Suruchi Properties is part of Century group, real estate groups based out of Bangalore. The company is engaged in development of residential projects namely Golfview located at Indiranagar, Bangalore with total saleable area of 8,73,238 Sq fts.

Investors eye Fed rate cut, earnings as key to sustaining market rally March 30th, 2024 10:27
The S&P 500 ended the first quarter with a gain of more than 10%, its largest first quarter advance since the nearly 13.1% jump in the first quarter of 2019

Gold hits a new record, best month in over 3 years March 30th, 2024 10:27
Though MCX remained closed on account of Good Friday, prices of 24k gold were quoting above Rs 70,000 per 10gm (including import duty & GST) in the local market. With the yellow metal closing at an all-time high of $2,233, Indian Bullion and Jewellers Association national secretary Surendra Mehta said it may well open $30-40 higher on Monday.

Memes, Pumps, Blunders: Absurd crypto spectacles make a comeback March 30th, 2024 10:27
It was another token that kept coming up in the conversations: a newer cryptocurrency best known for its logo featuring an image of a dog wearing a knit hat. The billionaire Michael Novogratz, chief executive officer of Galaxy Digital, jokingly lamented that he doesn’t have a position in the coin called dogwifhat.

Broader indices put good show in truncated week; outperform in FY24 March 30th, 2024 10:27
The Nifty encountered initial resistance near its previous swing high of 22,526. Consequently, to sustain a continued rally, it must surpass the 22,525 level decisively. On the downside, 22,200 could serve as short-term support, says Rupak De, Senior Technical Analyst, LKP Securities.