December has historically been a strong month for the Indian stock market, with a 73% probability of positive returns over the past 26 years. This month often delivers optimism driven by portfolio rebalancing, festive season boosts, and active participation by foreign investors. Let’s dive into the key trends shaping the markets this December. December: A …
The Indian stock market, often seen as a barometer for the country’s economic health, has witnessed several key events in 2024 that have influenced its trajectory. From policy shifts and global economic trends to corporate earnings and market sentiment, each of these moments has played a crucial role in shaping the market’s landscape. Here’s a …
Indian Government has been actively fostering the growth and stability of the banking ecosystem via proactive measures focused on business and employee welfare. These efforts aim to ensure transparency, stability, and continued growth. Over the past decade, numerous citizen- and staff-centric reforms have been implemented, contributing to the overall strengthening of the sector. Reforms in …
The RBI (Reserve Bank of India) in Mumbai received a bomb threat email on Friday, according to police reports. The email, written in Russian, threatened to blow up the bank. A case has been filed against an unknown individual, and an investigation is currently underway. Similar Threats in Delhi Schools In a separate incident, over …
India has achieved a significant milestone in its economic growth with gross foreign direct investment (FDI) inflows reaching a remarkable $1 trillion since April 2000. This accomplishment reflects the country’s rising appeal as a global investment hub. In the first half of the current fiscal year, FDI inflows surged by nearly 26%, reaching $42.1 billion, …
The Securities and Exchange Board of India (SEBI) is working to lower the ₹4.5 trillion “float” held as collateral by brokers, custodians, and clearing corporations. Ananth Narayan, SEBI’s Whole-Time Member (WTM), stated that this initiative seeks to reduce risks and enhance transparency in the financial system. Focus on Same-Day Settlements (T+0) Narayan emphasised the move …
The year-on-year inflation rate based on the All India Consumer Price Index (CPI) for November 2024, compared to November 2023, stands at 5.48% (Provisional). The inflation rates for rural and urban areas are reported at 5.95% and 4.83%, respectively. Consumer Food Price Index (CFPI) Inflation For November 2024, the year-on-year inflation rate based on the …
US inflation showed signs of accelerating for the 2nd consecutive month in November 2024, with a sharp increase in consumer prices. The Consumer Price Index (CPI) rose by 2.7% year-on-year, slightly up from 2.6% in October. This marked the steepest inflation increase in the last 7 months, driven primarily by rising food prices and other …
Sanjay Malhotra, the current Revenue Secretary, has been appointed as the new Governor of the Reserve Bank of India (RBI) by the central government. He will succeed Shaktikanta Das, whose tenure is set to conclude on December 10, 2024. Malhotra will assume office as the 26th governor of India’s central bank. Term and Transition Details …
India’s coal industry has recorded a remarkable milestone in 2024, reflecting significant growth in production and dispatch from captive and commercial mines. This surge aligns with the government’s commitment to bolstering domestic energy capabilities, fostering economic self-reliance, and reducing dependency on imports. Record Coal Production: April to November 2024 Between April 1 and November 30, …
