Money-market funds have attracted $106 billion so far in August. This has pushed their total assets to a record $6.24 trillion as of August 21, […]
Tag: Financial markets
Income Tax Rules Changing from October 2024: Key Updates on TDS, Insurance, Mutual Funds, and F&O
Starting October 1, 2024, several new income tax rules will come into effect, affecting everything from mutual funds to insurance payouts, government bonds, and futures […]
SEBI Closes Case Against NSE and Executives Over Co-location Services, Cites Lack of Monitoring
The Securities and Exchange Board of India (SEBI) has officially closed its case against the National Stock Exchange (NSE), along with former NSE executives Ravi […]
Bank of Japan’s Dominance in Japan’s Financial Markets: Latest Details
The Bank of Japan (BoJ) holds a significant position in Japan’s financial markets. According to data from Morningstar and the Tokyo Stock Exchange, the BoJ […]
Foreign Investors Boost IT, Pharma, and Consumer Stocks in August Amid Fed Rate Cut Hopes
In August, foreign investors increased their stakes in India’s information technology (IT) and pharmaceutical sectors, expecting a potential rate cut by the U.S. Federal Reserve, […]
India’s Weight in MSCI EM IMI Index Surpasses China: Morgan Stanley Report
Morgan Stanley has revealed in a recent report that India has overtaken China in the MSCI Emerging Markets (EM) IMI Index. This week, India achieved […]
Alibaba Upgrades to Primary Hong Kong Listing: Unlocks Billions in New Investments from Mainland China
Alibaba’s shareholders have approved an important change to the company’s Hong Kong stock listing, upgrading it from a secondary to a primary listing. This change, […]
Stock Index Futures Rise Ahead of Fed Chair Powell’s Jackson Hole Speech
Stock index futures are up ahead of Federal Reserve Chair Powell’s speech at the Kansas City Federal Reserve’s Jackson Hole Economic Symposium, scheduled for 9:00 […]
China May Sell Up to $1 Trillion of U.S. Dollar-Denominated Assets, Potentially Strengthening the Yuan by Up to 10%
China is reportedly considering selling up to $1 trillion worth of U.S. dollar-denominated assets, which could have a significant impact on global markets. This move […]
RBI Expected to Hold Rates Even as Fed Pivots
India’s central bank, the Reserve Bank of India (RBI), is anticipated to maintain its current interest rates, even as the U.S. Federal Reserve signals a […]
Indian Rupee Opens Lower Against US Dollar Amid Falling Crude Prices and MSCI Index Expectations
The Indian rupee started weaker against the US dollar on Tuesday, opening at 83.92, currently at 83.94. This marks a slight depreciation of 4 paise […]
Treasury Market Experiences Historic Losses
The Treasury market is facing its largest losses in history, with the Bloomberg Treasury total return index down 11.0% from its 2020 peak. This is […]