Nippon Steel emphasises its #39;deep roots#39; in the US as it pursues US Steel deal April 1st, 2024 07:27
The Japanese firm has agreed to buy U.S. Steel for roughly $15 billion but the deal faces an uphill battle to approval in a U.S. election year.

Stock Market Live Updates: Sensex, Nifty hope to build on FY24’s strong finish, eyes on RBI MPC meet April 1st, 2024 07:27
Sensex, Nifty, Share Prices LIVE: This week’s investor sentiment hinges on several key factors. Firstly, the Reserve Bank of India’s interest rate decision, alongside macroeconomic data and global trends, will shape market movements. Analysts anticipate a continuation of the positive momentum from the strong close of FY24. Additionally, attention will be on foreign investors’ trading activity, the rupee-dollar exchange rate, and Brent crude oil prices, all of which impact equity markets. The BSE Sensex surged by 24.85% in FY24, hitting an all-time high, while the Nifty rose by 28.61%. Auto sector performance will be in focus with March sales announcements starting April 1. Furthermore, investors await US Federal Reserve Chairman Jerome Powell’s speech and key US economic data releases, including non-farm payrolls and the unemployment rate. Expectations of market volatility persist due to the MPC’s policy meeting, with global cues monitored closely, notably from resilient US markets and the performance of Japanese indices.

There could be trade-off between innovation and regulation: RBI DG Rajeshwar Rao April 1st, 2024 06:27
Rajeshwar Rao also pointed out that regulators must focus on achieving a delicate equilibrium that addresses the critical concerns without imposing an undue burden on regulated entities.

Real interest rates need to climb before RBI's easing cycle begins April 1st, 2024 06:27
Ahead of this week's scheduled review meeting of the Monetary Policy Committee (MPC), market watchers and investors are keen to know the timeline for India's rate easing cycle. However, the texture - and driver - of India's robust economic growth rates suggest their wait will perhaps be of some duration.

Lenders seek anonymity for officers tagging wilful defaulter accounts April 1st, 2024 06:27
Lenders seek RBI guidance on protecting officers' identities identifying defaulters. Recent court order mandates disclosing committee members. Indian Banks Association seeks advice too. Risks highlighted for officers personally named.

Overseas Indians book return trips, send home record $29 billion in Q3 April 1st, 2024 06:27
To be sure, remittances are a source of permanent flows, unlike repatriable NRI deposits, and these help in narrowing the current account deficit (CAD), which has steadily shrunk as a percentage of India's gross domestic product (GDP).

ONGC energises govt kitty with ₹7,224 crore dividend April 1st, 2024 06:27
ONGC's dividend contribution to the state was almost double the ₹3,636 crore dividend by Indian Oil Corporation (IOC), nearly three times Bharat Petroleum Corporation's ₹2,413 crore, close to four times GAIL's ₹1,863 crore and about ten times Oil India's ₹737 crore.These are interim dividends and a final instalment usually comes after the companies declare annual earnings.

No holding back D-St from records, even if FPIs are holding back April 1st, 2024 06:27
Market participants say foreign investors are bullish about the country's prospects but are holding back a bit with uncertainty over the US Federal Reserve's interest rate actions looming and because of the National Elections.

Billions flood active ETFs in hunt for cheap EM stocks April 1st, 2024 06:27
"If ever there was a compelling case for a more systematic approach to active management, it's now," said Donald Calcagni, chief investment officer of Mercer Advisors Investment Management and a buyer of active emerging-market ETFs.

Nifty, Bank Nifty may see more gains, buy on dip’s the advice April 1st, 2024 06:27
Nifty has a short-term bottom at 21,710 and has its eyes set on a new all-time high with a potential to stretch higher till 23,000–23,100 from a one-month perspective.