India to be included in JP Morgan’s emerging market debt index

New Delhi (IANS) JP Morgan has said that it will include India in its Government Bond Index-Emerging Markets (GBI-EM) index from June 2024 onwards.

This will help in increasing inflows into the world's fifth-largest economy.

It will…

FIIs selling to the tune of Rs 16,934 cr in Sep

New Delhi (IANS) The Fed's hawkish pause message has created a global risk-averse sentiment in global equity markets, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

The spike in the dollar index to 105.52…

India-Canada row: Nasscom says will engage with stakeholders to track any impact

New Delhi (IANS) Indian IT industry’s apex body Nasscom on Thursday commented on the ongoing India-Canada diplomatic row which may slow down business between the two countries, saying they are in close touch with its members in Canada.

Nasscom…

IPL ecosystem value pegged at Rs 92,500 crore

New Delhi (IANS) The IPL ecosystem value has risen from Rs 87,000 crore to Rs 92,500 crore, marking an increase of around 6.3 per cent, as per a report by D & P India Advisory Services.

In US dollar terms, this translates to a growth from $10.9…

Biggest drag on Nifty will be more FII selling in response to rising dollar and US bond yields

New Delhi (IANS) Even though the ‘hawkish pause’ from the Fed was on expected lines, the US markets reacted negatively since the indication from the Fed is that rates will remain ‘higher for longer’, says V K Vijayakumar, Chief Investment Strategist…

Nifty down 232 points as volumes on NSE close to highest in recent times

Mumbai (IANS) Nifty opened lower with a gap on Wednesday and fell through the day to end lower for the second session, said Deepak Jasani, Head of Retail Research at HDFC Securities.

At close, Nifty was down 1.15 per cent or 231.9 points at…

CoE Noida joins US-based Xperi to build 'Design in India’ products for HD Radio

New Delhi (IANS) The Centre of Excellence (CoE) Noida on Wednesday signed a memorandum of understanding (MoU) with US-based technology company Xperi Inc to build ‘Design in India’ products for HD Radio.

With this agreement, the CoE and Xperi…

Sensex cracks more than 600 points due to multiple headwinds

New Delhi (IANS) There are too many challenges for the market in the near term. Brent crude at $94, the dollar index above 105, the two-year US bond yield at 5.09 per cent and the INR at record lows against the dollar are strong headwinds, says V.K.…

Jio Financial will emerge as a disruptive force but scale buildup will take time, says report

New Delhi (IANS) Jio Financial Services will emerge as a disruptive force in the financial space, but the scale buildup will take time, Elara Capital said in a research.

Jio Financial is a financial powerhouse in the making, operating fintech…

CDIL to add assembly lines, boost capacity by 100 mn units in India

New Delhi (IANS) Semiconductor chips and components manufacturer CDIL on Tuesday announced that it will be adding new semiconductor packaging lines in India.

This addition of semiconductor packaging lines by CDIL (Continental Device India Pvt.…