Tag: Reserve Bank of India
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TCS Stock Down 2% Following 2.2 Crore Shares Transacted for Rs 8,900 Crore; Details
TCS fell 2% to Rs 4,055 in response to rumours that Tata Sons will sell 23.4 million shares, or 0.65% of the company, in a block offer today at a floor price of Rs 4,001 per share.
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In the previous nine years, the insurance industry has drawn Rs 54,000 crore in foreign direct investment. Vivek Joshi, the secretary of financial services
According to Financial Services Secretary Vivek Joshi, the insurance industry has attracted about Rs 54,000 crore in foreign direct investment (FDI) during the last nine years as a result of the government’s continued liberalization of international capital flow regulations. He told PTI in an interview that the government raised the allowable FDI level from 26%…
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According to Razorpay COO, “Fintech regulations by RBI play crucial role.”
UPI is one example of how regulations in the fintech sector have helped India become a worldwide leader in the space, according to Rahul Kothari, Chief Operating Officer of Razorpay.
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Profit-booking causes Sensex and Nifty to drop, while Adani Group equities decline
Monday’s opening saw a decline in benchmark stock market indexes due to persistent profit booking in the small and midcap sectors. Adani Group shares also fell sharply in early trading.
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Is It Still Possible to Use Your Paytm FASTag to Pay at Tolls? Paytm Bank Solutions Payments
On Friday, Paytm Payments Bank Ltd. (PPBL) made available to its customers a list of frequently asked questions (FAQs). The minimal amount required in FASTag accounts and the process for receiving your security deposit back are covered in these FAQs. According to the FAQs, Paytm Payments Bank will stop taking deposits and top-ups for FASTags…
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Paytm acquires five UPI addresses: implications for the business and Paytm consumers
The parent firm of Paytm, One97 Communications, a prominent fintech business, has partnered with four banks to acquire five UPI handles. The State Bank of India (SBI), Yes Bank, Axis Bank, and HDFC Bank are these four banks. According to a statement posted earlier this week on the National Payments Corporation of India (NPCI) website,…
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When Paytm FASTag Ends, Here’s How To Close It And Switch To Another Bank
The Reserve Bank of India (RBI) instruction said that the deadline for adding balance to Paytm Payments Bank FASTag was March 15, 2024, as previously announced. After March 15, you won’t be able to utilize Paytm FASTag again after you’ve used your balance. Paytm Payments Bank has published a new series of FAQs to help…
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New S&P BSE Liquid Rate ETF from DSP Mutual Fund Offers Stable Returns: Should You Buy It?
The DSP Mutual Fund has disclosed that the DSP S&P BSE Liquid Rate ETF (DSP BLR ETF), which launched its new fund offer (NFO) on Friday, March 15, is its most recent investment opportunity. With the goal of imitating the S&P BSE Liquid Rate Index’s performance, this open-ended program caters to investors looking for low-risk…
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Despite doubts over Tata Sons’ IPO, Tata’s Chemical Stock records a bearish week and rises 16% month over month. Should you buy or sell?
The share price of Tata Chemical, a salt firm supported by the Tata Group, was apprehensive during the trading week of March 11–15 because to uncertainties surrounding Tata Son’s IPO. In the unlikely event that Tata Sons chooses to go public, the market leader in soda ash manufacturing is anticipated to realize enormous value. But…
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Farmers’ demonstrations are evidence of a broken market economy
Across the globe, farmers in Europe and India are rising up in rebellion. Since January 2023, farmers have protested in at least 65 nations. The inability of the unrestricted market economy to support farming is the unifying theme of the historically large wave of protests, despite their disparate origins.