In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
The domestic stocks in opening trade also seemed to have recovered from last week's losses when shares of the Adani Group firms suffered a rout and the outcome dragged on the stock key indices, namely Sensex and Nifty.
SEBI said that the Indian financial market as represented by Sensex and Nifty has demonstrated ongoing stability and is continuing to function in a transparent, fair and efficient manner.
Mumbai (Maharashtra) [India], February 3 (ANI/PRNewswire): Mirae Asset Mutual Fund, one of the fastest growing fund houses in India, has announced the launch of Mirae Asset Flexi Cap Fund. The NFO for the fund opens for subscription on February 3, 2023, and closes on February 17, 2023. The f
The group entities made scheduled coupon payments on outstanding US dollar-denominated bonds on Thursday, according to Reuters' source with direct knowledge of the conglomerate's strategy.
The stock market responded positively to the Union Budget 2023-24, with the benchmark BSE Sensex recording a surge by more than 1100 points during afternoon trade on Wednesday.