The Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced an increase in pre-transaction limits for UPI 123Pay and UPI Lite payment mechanisms. With new guidelines, the users will soon be able to do low-value UPI transactions of up to Rs 1,000 without entering the PIN. Earlier, the limit was Rs 500. The … Read more
Bajaj Finance is currently trading at Rs. 7338.50, up by 147.70 points or 2.05% from its previous closing of Rs. 7190.80 on the BSE. The scrip opened at Rs. 7220.00 and has touched a high and low of Rs. 7425.00 and Rs. 7210.00 respectively. So far 27085 shares were traded on the counter. The BSE … Read more
ICICI Bank is currently trading at Rs. 1254.90, up by 18.25 points or 1.48% from its previous closing of Rs. 1236.65 on the BSE. The scrip opened at Rs. 1241.90 and has touched a high and low of Rs. 1264.90 and Rs. 1232.90 respectively. So far 169020 shares were traded on the counter. The BSE … Read more
Indian rupee strengthened against the US dollar on Wednesday tracking firm domestic equities after the Reserve Bank of India's Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.5% for the 10th consecutive time. Meanwhile, a steady American currency has also supportive to domestic currency. Investors are awaiting the minutes of the … Read more
Driven by vehicle financing, securitisation volume in India rose 56 per cent (year-on-year) to Rs 70,000 crore in the second quarter of this fiscal (FY25), a report showed on Wednesday. This was propelled by large issuances by some key players, especially a large private sector bank, and a few NBFCs that are primarily into vehicle … Read more
Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said the real GDP for FY25 is estimated to be 7.2 per cent, which is in line with global projections amid strong fundamentals, rising consumption and robust investment sentiment in the country. Das estimated real GDP for Q2 FY25 at 7 per cent, Q3 … Read more
Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that retail inflation for the current fiscal (FY25) is projected at 4.5 per cent due to healthy monsoon and sound supply conditions. Addressing the Monetary Policy Committee (MPC) meeting here, Das said that food inflation is likely to decrease later in the year, supported … Read more
Torrent Power is currently trading at Rs. 1955.00, up by 137.85 points or 7.59% from its previous closing of Rs. 1817.15 on the BSE. The scrip opened at Rs. 1922.95 and has touched a high and low of Rs. 1959.00 and Rs. 1888.25 respectively. So far 16042 shares were traded on the counter. The BSE … Read more
Arvind Smartspaces is currently trading at Rs. 814.20, up by 20.10 points or 2.53% from its previous closing of Rs. 794.10 on the BSE. The scrip opened at Rs. 794.10 and has touched a high and low of Rs. 825.10 and Rs. 794.10 respectively. So far 721 shares were traded on the counter. The BSE … Read more
As India doubles down on local manufacturing of end-to-end electronics products and more, there lies a massive $15 billion opportunity for Taiwanese companies across sectors like printed circuit boards (PCBs), electronic components and electric vehicle (EV) infrastructure, according to a new report. Other sectors like electric motors, CCTV and smart healthcare (fitness trackers, smartwatches, heart … Read more