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Manba Finance IPO: NBFC mobilises ₹45 crore from anchor investors ahead of subscription

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Manba Finance IPO: Manba Finance IPO Limited has raised ₹45.25 crore from anchor investors ahead of its IPO subscription opening for bidding....
Business

Crude oil sizzles on US Fed rate cut: Brent nears $74 with six-day rise, WTI stages recovery on demand optimism

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Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and...
Business

More than 9,700 minor subscribers enrolled under NPS Vatsalya on first day | Personal Finance

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Finance Minister Nirmala Sitharaman launched the NPS (National Pension Scheme) Vatsalya Scheme on Wednesday that will allow parents to save for their children’s...
Business

Super FMCGs! Mrs Bectors to Jyothy Labs—LKP bets on 3 consumer staples over robust volume, eyes 20-30% returns

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Fast-moving consumer goods (FMCG) companies (largely staple companies) have struggled to improve their volume growth in the last few years due to sluggish...
Business

International travel drives outward remittance under LRS to $2.7 bn in July | Finance News

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2 min read Last Updated : Sep 20 2024 | 8:50 PM IST Outward remittances under the Reserve Bank of India’s Liberalised Remittance...
Business

NBFCs diversify funding sources amid increased lending risk weights | Finance News

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Illustration: AJAY MOHANTY3 min read Last Updated : Sep 20 2024 | 9:02 PM IST Non-Banking Financial Companies (NBFCs) have diversified funding sources...
Business

Wall Street today: US stocks surge stops as investors pause after big US Fed rate cut, Nike gains 6.59%

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The US stock markets opened lower on Friday, September 20, as investors held back after a jump in the previous session, which was...
Business

India to get $1 billion passive flows on FTSE rejig

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India may get equity inflows to the tune of $1 billion as the FTSE All World and FTSE All Cap indices undergo semi-annual...
Business

Credit-deposit gap narrows as banks boost deposit rate: RBI report | Finance News

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3 min read Last Updated : Sep 20 2024 | 8:52 PM IST The gap between credit and deposit growth of banks—which was...
Business

The US Fed rate cut effect: Foreign investors splurge on Indian shares on Day 2

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Foreign investors upped the ante in Indian markets on the second day after the US Federal Reserve’s larger-than-expected interest rate cut, catapulting the...
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