Story continues below Advertisement The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that the economy grew at a 3.2% annual rate last quarter. Story continues below Advertisement The Commerce Department’s revised measure of … Read more
IDBI Capital Markets & Securities Settles Stock Broker Violation Case With SEBI IDBI Capital Markets & Securities paid Rs 13 lakh in settlement charges to markets regulator, SEBI, regarding alleged violations of stock broker norms. The firm opted to settle the instant proceedings started against it, without admitting or denying the findings in the matter. … Read more
SEBI Issues Relaxation In Norms For FPIs The Securities and Exchange Board of India announced on Friday a relaxation in norms for Foreign Portfolio Investors (FPIs). The markets regulators said that it is exempting additional disclosure requirements for FPIs with over 50 per cent of their India equity assets under management in a single corporate … Read more
PM Modi Launches Developmental Projects In Assam Prime Minister Narendra Modi launched developmental projects worth Rs 17,500 crore in Assam, to strengthen the health, oil and gas, railway, and housing sectors in the state. Govt Urges Auto, Consumer Durables, Electronics, And Farming Equipment Sectors To Give More Information To Consumers The government instructed four major … Read more
Rupee Depreciates 2 Paise To 82.92 Against US Dollar The Indian rupee slipped 2 paise to touch 82.92 against the US dollar in early trade on Tuesday. Forex traders noted that reduced crude oil prices helped provide support to the Indian currency, however, the unit remained weighed down by the dampened sentiment in the equity … Read more
Stock Market: Sensex Rallies Over 150 Points In Early Trade, Nifty Over 22,400 The stock markets moved ahead in the positive trajectory in early morning trade. As of 9:20 AM, the BSE Sensex inched closer to the 74K mark and stood at 73,960.07, up by over 150 points, while the NSE Nifty50 rallied beyond 22,400 … Read more
Jharkhand Govt Presents Rs 1.28 Lakh Crore Budget For FY25 The Jharkhand government presented a budget of Rs 1.28 lakh crore for the fiscal year 2024-25 in the assembly on Tuesday, marking a more than 10 per cent increase from the previous year’s financial statement. The budget for FY25 surpassed the Rs 1.16 lakh crore … Read more
Nokia Phone Maker HMD To Launch New Barbie-Themed Flip Phones Nokia maker HMD is reportedly planning to launch Barbie-themed flip phones in July in collaboration with Mattel, reported Verge. The release is expected to be a part of a broader lineup for the summer, including a new Nokia-branded retro feature phone and more.To Read More, … Read more
NITI Aayog VC Meets Uber CEO NITI Aayog Vice Chairman, Suman Bery, met Uber CEO, Dara Khosrowshahi, on Saturday and held discussions over sustainable mobility and economic empowerment, the NITI Aayog shared via a tweet on social media platform, X. Background Business News Live: Hello and welcome to ABP Live’s Business LIVE blog. Please follow … Read more
The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months. The core consumer price index, a measure that excludes food and fuel for a better picture of underlying inflation, is seen increasing … Read more