– CLSA on Insurance: – Notable change in regulator’s draft guideline focuses on surrender value calculation for non-linked savings policies. – New method likely to […]
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Intraday Large Deals: 14th Dec 2023
Fusion Micro Big Block of 10,000,300 shares at 561.20 worth 561.20 crore rupees Eicher Motors Block Deal of 81,543 shares at 4070 worth 33.18 crore […]
Maldives Cancels Hydrography Pact with India, Set to Terminate Agreement in June 2024
Maldives has decided to cancel a hydrography agreement signed with India by the previous government. The agreement, which allowed India to study and map the […]
INS Kadmatt’s Manila Visit Amidst South China Sea Tensions and China’s Response to India’s Supreme Court Verdict
The Indian Navy’s warship, INS Kadmatt, is docking in Manila this week amid heightened tensions in the South China Sea. This marks its second visit […]
Vedanta Resources Faces Credit Downgrade Amid Concerns Over Bond Extensions
Vedanta Resources has been downgraded to ‘CC’ by S&P Global Ratings due to concerns over potential bond extensions. The company initiated a liability management exercise […]
No Change in Interest Rates: Insights from Recent Federal Reserve Actions and Projections
In their recent decision, Jerome Powell and the Federal Reserve have chosen to maintain interest rates in the range of 5.25% to 5.50%, in line […]
Stocks in News: 14th December 2023
Reliance Industries and Disney are gearing up for a pivotal meeting in London to delve into advanced discussions regarding the potential merger of their media […]
Brokerage Reports: 14th December 2023
CITI’s outlook on India’s Cement and Metals & Mining sectors highlights optimism in demand but cautions on stock selection due to increased supply. UltraTech is […]
Indian Banks Extend Global Reach: Surge in Overseas Presence and Financial Activity in 2022-23
In the fiscal year 2022-23, Indian banks expanded their global presence through subsidiaries, increasing from 399 to 417, according to data from the Reserve Bank […]
World Bank Warns of Escalating Debt Crisis: Developing Nations Face Record-Breaking Servicing Costs and Economic Uncertainties
In 2022, developing countries grappled with an unprecedented challenge as they expended a staggering $443.5 billion to service external public debts, marking a record high, […]
Cash Market Flows: FIIs Net Buy ₹4,711 Cr, DIIs Net Sell ₹958 Cr on Dec 13, 2023 with Axis Bank Leading Influential Trades
On December 13, 2023, cash market activities unfolded as follows: • Foreign Institutional Investors (FIIs) registered a net purchase of ₹4,711 crore. • Domestic Institutional […]
Moody’s Affirms Reliance Industries’ Baa2 Rating with Stable Outlook Amidst Strong Growth Prospects
Moody’s has confirmed Reliance Industries Limited’s (RIL) credit rating at Baa2 with a stable outlook. The affirmation is based on RIL’s significant market presence, diverse […]