COMPOSITE Financial News

Shri Techtex IPO: GMP, subscription status on day 3, and other key details here Earlier this month, Shanghai Securities News reported that the CSRC is working to formulate an action plan for the reform at the investment end of the capital market, to achieve balanced development between investment and financing and direct more medium- to long-term capital to equity investment. The normalization has helped raise Chinese companies' interest in overseas IPOs.19 Chinese companies debuted on the US stock market in the first half of this year, netting $600 million in all.

Lok Sabha on Friday. This bill proposes to empower the Central government to exclusively auction mining lease and composite licence for 26 critical minerals in the country.

₹352.66 crore. The company had reported a net profit of ₹222.92 crore in the year-ago period. Sequentially, net profit was slumped 48.5% from ₹684.12 crore in Q4FY23.

Digital payments across the country registered a growth of 13.24% in a year through March 2023, as per RBI's index that measures the adoption of online transactions. RBI's Digital Payments Index (RBI-DPI) stood at 395.57 at end-March 2023 compared to 377.46 in September 2022 and 349.30 in March 2022.

consumer spending and robust business investment. Shares of Honeywell International dropped 5.7% after its revenue fell short of analysts' expectations. Meta Platforms’ stock rose 4.4%.

Wall Street is fading, and its big rally is losing momentum despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy

Democratic Gov. Janet Mills has signed into law a bill to procure 3,000 megawatts of electricity from offshore wind turbines by 2040, enough to power about half of the state’s electricity load

Even if high, India's public debt is not unsustainable as per the standard metrics. A first criterion for sustainability is whether there is a significant rollover risk, where government suddenly finds it impossible to replace maturing debt at any price. A captive market for public debt among banks, insurance companies, provident funds and high household savings has enabled the government to fund its deficits without undue pressure on borrowing costs.

Sony India is aiming 40 per cent growth in its audio business in the current fiscal, led by rising demand for premium products in the segment, its Managing Director Sunil Nayyar said on Thursday. The company is expecting a «promising» growth in some of the segments as soundbars and personal audio products like earphones and headphones continue its lead, outpacing the market growth rate. Sony India, which aims to be the dominant premium audio brand here, gets around 20 per cent of its sales revenue from the audio business and expects its contribution to become higher in the coming years. «Audio business is very promising in India and the premium market (in the segment) is growing and the growth rate is high. This composition will continue to increase every year,» Nayyar told PTI. He further said:" The growth of the audio might outpace the growth of other categories." The company logged 21 per cent growth in the audio business in the last fiscal. The audio business includes soundbars, party speakers, True Wireless range of headphones and buds.

Digital payments across the country registered a growth of 13.24% in a year through March 2023, as per RBI's index that measures the adoption of online transactions. RBI's Digital Payments Index (RBI-DPI) stood at 395.57 at end-March 2023 compared to 377.46 in September 2022 and 349.30 in March 2022.

(Reuters) — Wall Street's main indexes opened higher on Thursday on hopes that the Federal Reserve's policy tightening was ending and the world's largest economy was heading for a soft landing, while Meta Platforms jumped on strong third-quarter revenue forecast.

New Delhi: The union government is pushing through its legislative agenda in the monsoon session of Parliament. It introduced six bills and passed one in the Lok Sabha on Wednesday, and more are likely to be introduced in the coming days. One of the key bills facing Parliamentary scrutiny is the Mines and Minerals (Development and Regulation Amendment) Bill, 2023.

inflation and growing evidence of an economic downturn pull policymakers in opposing directions. Fighting off a historic surge in prices, the ECB has lifted borrowing costs by 4 percentage points since last July and essentially promised another quarter-point increase this month, making the outcome of Thursday's meeting a near-certainty.

two-wheeler insurance policy. The age and type of your two-wheeler are significant factors that insurance companies consider while determining the premium. Generally, older vehicles have lower premiums compared to newer ones because of their reduced market value and lower replacement costs.

Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to the highest level in more than two decades

Federal Reserve rate hike that left the door open for future hikes, but the Dow scored a 13-day winning streak. The Fed lifted its benchmark overnight interest rate by a widely expected 25 basis points, marking the 11th hike in the U.S. central bank's past 12 policy meetings.

Indian Railways, serving the route between Mumbai Central (MMCT) and Surat (ST) in India. It operates as Train No. 12922 from Surat to Mumbai Central and as Train No.

Lok Sabha that seeks to empower it to exclusively auction mining lease and composite licence for 26 critical minerals in the country. The proposed amendments to the Mines and Minerals (Development and Regulation) Act, 1957, «would facilitate, encourage and incentivise private sector participation in all spheres of mineral exploration for critical and deep-seated minerals».

The International Monetary Fund (IMF) has once aga... moreThe International Monetary Fund (IMF) has once again increased growth outlook for India to 6.1%.

Global stock markets are lower after Wall Street hit a 15-month high ahead of what traders hope will be the Federal Reserve’s final increase in this interest rate cycle

Investing.com — Most Asian stocks moved in a flat-to-low range on Wednesday before a widely expected interest rate hike by the Federal Reserve due later in the day, while Australian shares rallied on weaker-than-expected inflation data.