Stockarchitect
Gold rush to summit sees demand trampled April 2nd, 2024 07:27
Gold prices soar in Kolkata's Zaveri Bazaar, impacting sales. Jewellers hopeful for a recovery during Akshay Tritiya. Mumbai sees 70% demand slump, while investment in bars rises. Analysts predict further price hikes due to global factors.

Stockarchitect
India Inc’s fundraising via bonds reaches record Rs 9.77 lakh crore in FY24 April 2nd, 2024 07:27
Out of this, Rs 66,806 crore was secured through QIPs. Notably, the peak for QIP fundraising was in FY21, with companies raising Rs 78,045 crore. FY23 saw a 6-year low equity fundraising.

Stockarchitect

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Creators attract bigger paychecks as brand interest soars; influencer marketing grows: Report April 2nd, 2024 07:27
While lifestyle, fashion and beauty will drive the growth of influencer marketing, BFSI, auto and sustainability are emerging as big spenders for influencer marketing, said Vijay Subramaniam, Group CEO and Founder, Collective Artists Network

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Donald Trump has posted $175 million bond to avert asset seizure as he appeals NY fraud penalty April 2nd, 2024 07:27
A New York appellate court had given the former president 10 days to put up the money after a panel of judges agreed last month to slash the amount needed to stop the clock on enforcement.

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South Korea says North Korea has fired intermediate range missile into its eastern waters April 2nd, 2024 07:27
South Korea#39;s Joint Chiefs of Staff said the missile was launched from an area near the North Korean capital, Pyongyang, but it did not immediately confirm how far the weapon flew.

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Personal loans: Banks that offer the lowest interest rates on a Rs 1-lakh loan April 2nd, 2024 07:27
Bandhan Bank, HDFC Bank, and State Bank of India offer interest rates between 9.47 and 11.15 percent on a personal loan of Rs 1 lakh for a tenure of 4 years.

Stockarchitect
Stock Market Live Updates: Asian markets rise, Nikkei 225 hits 40,000 mark April 2nd, 2024 07:27
Sensex, Nifty, Share Prices LIVE: Asian markets opened positively on Tuesday, with Japan’s Nikkei 225 climbing 0.62% to 40,050.21, and the broader Topix index edging up 0.02% to 2,721.87. South Korea’s KOSPI also saw a 0.10% increase to 2,750.72. In Australia, trading resumed after a holiday weekend, with the S&P/ASX 200 reaching a record high of 7,898, up by 0.1%, driven by strong performances in the mining sector. Meanwhile, on Wall Street, stocks faced declines as new inflation data sparked concerns over US monetary policy. The Dow Jones Industrial Average dropped 0.60% to 39,566.85, the S&P 500 lost 0.20% to 5,243.77, and the Nasdaq Composite rose slightly by 0.11% to 16,396.83. Gold prices surged to a new all-time high amidst the market fluctuations.

Stockarchitect
US bonds slide as rate cut bets fade on factory data April 2nd, 2024 06:30
Treasuries fell across the curve - with 10-year yields climbing over 10 basis points - as manufacturing unexpectedly expanded for the first time since September 2022 - while input costs climbed.

Stockarchitect
Microlenders look for ways to tackle skew in credit reach April 2nd, 2024 06:27
India's microfinance sector is highly concentrated, with the top 10 states representing 85% of the market, leaving many districts and villages with limited access to credit. Sa-Dhan, a microfinance industry body, is investigating reasons for this disparity and aims to encourage lenders to reach under-penetrated areas. Despite recent growth in financial inclusion, many districts have a penetration ratio of less than 30%, indicating a need for expansion in these regions.

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