RBI's now become an enabler of the market economy: Governor Shaktikanta Das April 2nd, 2024 06:27
"Given the rapid changes taking place in today's world, especially in the areas of technology, innovation, business practices and growing complexities in the financial sector, the Reserve Bank is constantly evaluating the emerging trends and taking necessary policy measures to remain in sync with the evolving situation," Shaktikanta Das said at the RBI's 90th commemoration function on Monday.

ET Explainer: What RBI's norms on penal charges mean for borrowers April 2nd, 2024 06:27
The Reserve Bank of India (RBI) has implemented new guidelines on penal charges for loan accounts starting from April 1. These regulations prohibit commercial banks and finance companies from imposing penal rates on loan defaults or any non-compliance event. The guidelines aim to promote credit discipline and prevent banks from using penal charges as a revenue enhancement tool.

Taxman puts some FPI assessments on hold for more information April 2nd, 2024 06:27
The Income Tax (I-T) department has deferred issuing final assessment orders on several foreign portfolio investors (FPIs) for the financial year 2021-22, seeking additional information from jurisdictions like Mauritius. While the assessment period ended on March 31, 2024, the tax office has invoked provisions to extend the deadline, indicating efforts to gather more facts.

Multiple price auctions make a comeback April 2nd, 2024 06:27
ET had reported on March 8 that at a meeting with bond market participants, the RBI had held discussions on returning to the multiple price method for government bond auctions.

D-Street starts FY25 on high note, mid- and small-caps rebound April 2nd, 2024 06:27
NSE's Nifty rose 135 points, or 0.61%, to close at 22,462 after touching an all-time high of 22,529 earlier in the day. BSE's Sensex rose 363 points, or 0.49%, to end at 74,014 off the record high of 74,254 during the day. The record closing levels for the Sensex is 74,119 and for the Nifty is 22,493 hit on March 7.

India Inc's improving credit profile sees more upgrades in H2 of FY24 April 2nd, 2024 06:27
Domestic consumption, demand across several sectors, government spending on public infrastructure, and healthy balance sheets helped in improving credit profiles, rating agencies said. Major rating companies have recorded more upgrades than downgrades, although the pace moderated sequentially.

Stocks in news: ABFRL, Hero MotoCorp, Infosys, RIL, Bharat Electronics April 2nd, 2024 06:27
Aditya Birla Fashion and Retail said that its board has approved evaluation of a vertical demerger of Madura Fashion & Lifestyle business and list it as a separate entity on stock exchanges.

Hot Stocks: Bet on Orient Cement, Power Mech Projects for double-digit returns April 2nd, 2024 06:27
Traders are advised to accumulate longs in Nifty with a stop-loss of 22,000 on the closing basis.

Trade Spotlight | How to trade in Hindustan Copper, DLF, Voltas counters today April 2nd, 2024 06:27
DLF formed long bullish candlestick pattern on the daily timeframe with higher volumes. It has completed recouped its March losses due to buying in last few days, and traded above all key moving averages.

Buzzing Stocks: Infosys, Reliance, HDFC Bank, NTPC, Oberoi Realty, Zomato, TVS, Maruti Suzuki others April 2nd, 2024 06:27
Stocks to watch: Check out the companies making headlines before the opening bell today, on April 2, 2024.