Finance News

Fundraising in India to be stronger than ever over next 2 years: BofA Purohit expects between 5 and 10 tech firms and two or three local subsidiaries of multinational companies to launch initial public offerings in the period.

16th Finance Commission: Centre to replace Rajadhyaksha as member Niranjan Rajadhyaksha was appointed as a member to the 16th Finance Commission on January 1, 2024

Tata Capital's risk adjusted capital to improve to 10% in 2 years: S&P Company to benefit from infusions by the Tata group and planned IPO, says rating agency

Rupee appreciates 3 paise to 82.99 against US dollar in early trade The rupee appreciated 3 paise to 82.99 against the US dollar in early trade on Thursday, amid a positive trend in domestic equities. Forex traders said rupee is trading in a narrow range as strong American currency and elevated crude oil prices weighed on the local unit and ...

Green capital flows into emerging mkts must be bolstered: RBI governor Vigilant in navigating final stretch of disinflation: Das

Fund review: UTI Mid Cap fund Fund review: UTI Mid Cap fund

Deposits paucity may hit Indian banks credit growth in FY25: Report Private lenders with high loan-to-deposit ratio more vulnerable, says S&P

Sebi considering mandatory registration of PMS distributors with APMI Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them and facilitating ease of digital onboarding process for portfolio managers’ clients. The proposals are aimed at promoting ease of doing business initiatives for portfolio ...

More time needed to weigh prospect of rate cut: Fed's Raphael Bostic My expectation is that the rate of inflation will continue to decline, but more slowly than the pace implied by where the markets signal monetary policy should be, he said

Not planning harsher rules to curb fintech, says RBI's P Vasudevan There are “no harsher measures coming on fintech,” P. Vasudevan, an executive director in charge of enforcement at the Reserve Bank of India, said on Friday