The US Federal Reserve is poised to announce its key policy decision later today, with significant anticipation surrounding the central bank’s timing for potential interest rate cuts for the remainder of the year. In today’s decision, there is a near consensus that the Jerome Powell-led FOMC will maintain the interest rates at the target range … Read more
Over the past 3 months, the Indian market has traded cautiously, with the Nifty50 index confined to a narrow range of 1,000pts, between 21,800 and 22,800. However, this week has seen a departure from this trend, as the market comfortably surpassed this range, closed at a new high of 22,952 after intraday crossing 23,000. In … Read more
Throughout the year, some of the most anticipated IPOs, such as Tata Technologies, IREDA, JSW Infra, and Cello World, among others, made their debut in the primary markets. Most IPOs this year garnered substantial subscriptions and witnessed positive movements on their listing days. Moreover, equity fundraising through IPOs, as well, witnessed a notable 20 percent … Read more
The finance minister presented a vote on account highlighting the government’s achievements in the last five years and laid the foundation for the budget post-election. The priorities for the government visible from the past budgets are infrastructure, investment, inclusive growth and fiscal prudence. The government, barring the covid shock, has achieved the impossible trinity of … Read more