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T-Bill Yield 6.89%, Bonds To Trade Flat ‘With Upward Bias In Yields’: RBI T-Bill And Bond Auction Update
With interest rates reaching record highs both domestically and internationally, the bond market has already shown significant investment potential. In…
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Piramal Pharma’s 0.89% stake is sold by CDPQ for Rs. 100 crore
In an open market transaction on Friday, CDPQ sold a 0.89 percent share in Piramal Pharma Ltd. for Rs 100…
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Indian Innovation and Talent Globally Develop And Empower Google Products: Senior Company Executive
According to a senior executive at the internet giant, India is one of Google’s most significant markets and a source…
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IT Minister Chandrasekhar’s goal is for technology to account for 20 to 25% of the Indian GDP by 2025–2026
Rajeev Chandrasekhar, India’s IT minister, addressed Indian American entrepreneurs that the Indian government has set a target of making technology…
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Online Bond Marketplaces Cannot Sell Unlisted Bonds, But Other Offerings Are Allowed by Sebi
On June 16, 2023, the Securities and Exchange Board of India (Sebi) approved the sale of government securities, sovereign gold…
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IRDAI Issues Guidelines To Insurers For Quick Claims Processing After Cyclone Biparjoy
On June 17, 2023, the Insurance Regulatory and Development Authority of India (IRDAI) released a circular including detailed instructions for…
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Manish Banthia gets promoted to CIO-Fixed Income at ICICI Prudential Mutual Fund
After Rahul Goswami left, ICICI Mutual Fund promoted co-head of fixed income Manish Banthia to chief investment officer-fixed income. With…
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Due to Biparjoy, IRDAI orders insurers to expedite the claim-processing timeline
Irdai, the regulatory body for insurance, has requested that insurers quickly resolve claims in the states that were impacted by…
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FPIs continue to be glued to Indian stocks, injecting Rs 16,405 billion so far in June
In June alone, foreign portfolio investors (FPIs) have invested a total of Rs 16,405 crore into Indian shares, continuing their…
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