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U.S. stocks moved higher Wednesday after the Federal Reserve raised interest rates by quarter percentage point amid a fast-moving banking crisis. Stock market news today: Stocks smoked after ...
The NIFTY 50 index covers 13 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. As of July 2024, NIFTY 50 gives a weightage of 32.76% to financial services including banking , 13.76% to information technology , 12.12% to oil and gas , 8.46% to consumer goods , and 8.22% to automotive .
NSE's flagship index, the NIFTY 50, is a 50 stock index that is used extensively by investors in India and around the world as a barometer of the Indian capital market. The NIFTY 50 index was launched on April 22, 1996 by NSE with a base value of 1000 on the base date of Nov 3, 1995.
The biggest money market scam ever committed in India, amounting to approximately ₹ 5,000 crores. The main perpetrator of the scam was a stock and money market broker Harshad Mehta. It was a systematic stock scam using fake bank receipts and stamp paper that caused the Indian stock market to crash. The scam exposed the inherent loopholes of ...
In this article, we discuss 10 best Indian stocks to buy in the USA. If you want to read about some more Indian stocks, go directly to 5 Best Indian Stocks to Buy in USA. Indian companies have ...
Indian Defence Accounts Service (IDAS) (Hindi: भारतीय रक्षा लेखा सेवा) is a Central Group 'A' Civil Service of the Republic of India established to provide Financial Advice, Payment, Accounts and Audit services to the Defence Services i.e. Indian Armed Forces (viz Army, Navy, Air Force and Coast Guard) and other allied organisations viz. Defence Public ...
By virtue of the SARFAESI Act 2002, the Reserve Bank of India has the authority to register and regulate Asset Reconstruction Companies (ARCs). Under this act secured creditors (banks or financial institutions) have many rights for enforcement of security interest under section 13 of SARFAESI Act, 2002.
It produces Indian bank notes. It was established in 1995 to address the demand of bank notes. It operates in Indian and global markets, catering to security document needs of Central banks and monetary authorities of the world by designing, printing and supplying banknotes. BRBNM supplies a major portion of bank note requirement in the country ...