SIP contribution crosses Rs 16,000 mark
Last week, the RBI increased the risk weights on the exposure of banks towards consumer credit, credit card receivables and NBFCs by 25 per cent up to 150 per cent.
Late on Monday, Bloomberg Index Services proposed including eligible Indian bonds in its emerging market local currency index from September
The Nifty has gained 3.5% so far this week, and is on course to log its longest weekly winning streak in three years.
Gupta said it is important for people to understand that there will not be quick money and that proper procedures and checks will be followed before actual funding.
There are six priority areas outlined under India’s G20 Presidency, reflecting India’s focus on various aspects of energy transition and building global cooperation toward sustainable and clean energy development, an official said.
Q3 Results: Most companies managed their performance either in-line with Dalal Street’s expectations or beat analysts’ estimates.
India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement.
Sensex ended this week’s trading session at 496.37, or 0.70 per cent higher at 71,683.23 whereas Nifty gained 160.15 points, or 0.75 per cent at 21,622.40.
Shares of Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based ‘opaque’ investment funds managed by partners of promoter family of Gautam Adani.