An Overview On August 25, Finance Minister Nirmala Sitharaman will meet with heads of public sector banks (PSBs) to assess the institutions’ financial performance and progress in supporting the economy hit by the pandemic outbreak. The meeting with the MDs and CEOs of PSBs is regarded as crucial because of the banking sector’s relevance in …
The IPO frenzy of 2021 continues to take the stock market by storm. Keeping the buzz alive, recently, more than 8 companies have filed their DRHP with the market regulator, SEBI. To elaborate, CMS Info Systems, Latent View Analytics, Ixigo, Go Colors, Tracxn Technologies Ltd, Paradeep Phosphates, and Prudent Corporate Advisory Services have filed their …
The proposed cryptocurrency legislation in India has been tabled before the Cabinet, the finance Minister has noted on Monday, according to reports. The approval of the Cabinet is being awaited, the minister added. Following the Cabinet nod, the Bill may come up for discussion in the next session of Parliament. Earlier, a panel was constituted …
Introduction Application programming interface (API) is a term that refers to a set of tools that are small pieces of code that allow digital devices, software programs, and data servers to communicate with one another. They’re the foundation of many of the services we now use. An API is a software intermediate that allows two …
An Indian middle-class person with a regular income can barely afford to buy a property and has to rely heavily on loans to finance it. Many of us have taken out a home loan for our dream home. Home loans are securitized, which means that your property will remain the lender’s until you return the entire …
The day of April 20th, 2020, will go down in history books as one of the most unprecedented events in the world of finance as the future contract of WTI Crude settled in negative for the first time at -$37.63 per barrel and recording a decline of 305.97%. That means people were ready to pay …
In significant market development, the Indian central bank, The Reserve Bank Of India, laid out the eligibility criteria for the non-bank entities to enter RBI’s centralised fund techniques (CPS). It is big news for Fintech’s paving path for Paytm, PhonePe and similar businesses to mobilise RTGS and NEFT transactions. Until now, only banks and non-bank …
The software giant Microsoft is reportedly in talks to acquire stakes in the SoftBank-backed Indian start-up Oyo. Even though neither of the companies have confirmed the news, inside sources suggest that Microsoft is supposedly entering this deal with a $9 billion valuation of Oyo. However, the actual investment amount is yet to be available, and …
Reliance Industries Ltd has dropped to the 155th place on the list of Fortune Global 500 companies. According to reports, the Indian conglomerate has dropped 59 spots on the list, and its ranking is its lowest since the last four years. The list, which was released on August 2, is topped by Walmart while State …
What is the market breadth? The market breadth is an indicator that helps any trader analyze the number of stocks that are advancing compared to those that are declining in a given index or on a stock exchange. Market breadth attempts to find how much strength and weakness is there in a given stock. What …
