Gap Financial News
12.01 / 05:05
12.01 / 01:07
11.01 / 20:51
markets
COST
Gap
Average long-term mortgage rates rise again, reaching their highest level in 4 weeks
The average long-term U.S. mortgage rate rose for the second time in as many weeks, climbing to its highest level in four weeks
11.01 / 16:29
UPS
Provident
Gap
security
performer
rights
Sebi invites comments on additional proposals on REITS, InvITs issuing subordinate units. Details here
Securities and Exchange Board of India (Sebi) has recently invited public comments with regards to the issuance of subordinate units by REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trust). Notably, Sebi had issued a consultation paper in December last year inviting comments on the framework for issuance of subordinate units by REITs and InvITs to sponsor their associates and sponsor group. In view of the public comments received, the regulator has now decided to invite public comments on certain additional proposals.
11.01 / 14:05
markets
UPS
Target
Gap
Election
reports
2024
budget 2024
Budget 2024: Govt likely to keep disinvestment target below ₹50,000 crore, says ICRA
fiscal deficit target at 5.3% of GDP and keep disinvestment proceeds estimates to below ₹50,000 crore in the interim budget for 2024-25. The fiscal deficit, which is the indication of government borrowing to bridge the gap between total revenue and expenditure, is estimated at 6% of GDP in the current financial year, a tad higher than 5.9% projected in the Budget presented in February, last year.
11.01 / 07:03
Gap
recommendations
PNB raises FD rate again: These are the fixed deposit rates offered by 5 major banks including HDFC Bank, SBI
raised interest rates across the tenures while in some cases, interest rates were raised for one tenure alone. Punjab National Bank, for instance, revised its interest rate within seven days of last revision on Jan 1, 2024 for a specific tenure (300 days). Meanwhile, the deadline of State Bank of India's (SBI’s) special tenure FD of 400 days wherein it offers 7.10 percent per annum rate has been extended by another three months until March 31, 2024.
11.01 / 06:23
CEO
Gap
economy
Election
President
stage
2024
budget 2024
Budget 2024: A guide to understanding the complex terms
Union Budget by the Narendra Modi government before the 2024 Lok Sabha Election. An annual financial statement for the Union of India that contains the government's revenue and expenditure for a given fiscal year, the Union Budget is a massive and complex document. The budget is an annual financial statement that outlines the government's proposed expenditures and revenues for the upcoming fiscal year, which begins on April 1st and ends on March 31st of the following year.
11.01 / 05:53
11.01 / 05:23
11.01 / 04:55
11.01 / 02:45
markets
COST
FIVE
Gap
security
Department
recommendations
Support
Most Democrats support DOL advice proposal in House hearing
Most Democrats at a House hearing Wednesday expressed support for a Department of Labor investment advice rule proposal that has come under fierce attack from Republicans and financial industry opponents.
11.01 / 01:05
UPS
Citi
CEO
Platform
Gap
show
SaaS accelerator Upekkha announces first close of $40 million VC fund
Upekkha, a startup accelerator focused on the software-as-a-service sector, has announced the first close of a $40 million fund at $15 million. The fund was created with leading investment from WestBridge Capital. The other limited partners, or investors in the fund, include Godard Abel, founder and CEO of G2 that ranks SaaS companies.
10.01 / 15:54
markets
Provident
Target
Manufacturing
Gap
Sustainability
stars
2024
budget 2024
Budget 2024: Green energy sector pitches for GST cut, easier FDI norms. Here is the wishlist
Union Budget 2024: With India’s ambitious clean energy targets reaching a fever pitch, all eyes of the renewable energy sector are set on the upcoming Union Budget 2024. Seen as a pivotal instrument in propelling the nation’s green agenda, the Budget holds the key to unlocking investments, streamlining policies, and accelerating the transition towards sustainable practices.
10.01 / 14:16
Progressive
Gap
BofA survey suggests consumers plan to ease spending this year
In its consumer checkpoint note Wednesday, Bank of America said its Winter Spending Survey suggests consumers are planning to pull back a bit this year, potentially trimming their spending on meals out and other experiences.
10.01 / 14:04
10.01 / 10:31
markets
Manufacturing
Gap
economy
wellness
Trade
reports
China Could Be Sending a Warning Signal for US Earnings Season
Stocks gapped lower, while the equal-weight and small-cap indexes didn’t recover much. The S&P 500 finished the day lower by around 15 bps.
10.01 / 08:39
10.01 / 08:08
10.01 / 07:12
10.01 / 02:55
markets
UPS
Gap
Trade
War
show
Oil prices rise on M.East disruptions, mixed US inventories in focus
Investing.com-- Oil prices advanced in Asian trade on Wednesday, extending a recent rebound as signs of supply disruptions in the Middle East persisted, while industry data pointed to another week of sharp builds in U.S. product inventories.
09.01 / 22:16
markets
Gap
economy
Election
Food
track
prevention
2024
budget 2024
Interim Budget 2024-25: Key numbers to watch out
Nirmala Sitharaman will present her sixth budget, and the last one before the general elections expected in April-May, on February 1. The Centre will seek to build on the growth momentum witnessed in the past two years without undermining fiscal discipline. ET looks at some of the key budget components: 1. Budget Size: This will be the most-tracked number ahead of general polls, as it will reveal the govt’s fiscal support to the economy and various welfare programmes.
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