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Blame it on the subdued returns given by assets such as fixed deposits or gold, or the COVID-induced work-from-home environment, retail investors have emerged as a new don of Dalal Street.

Dollar struggles as recession worries simmer

Updated at : 2022-12-08 10:30:04

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The yen garnered support from a decline in Treasury yields amid bets the U.S. Federal Reserve will slow the pace of interest rate hikes but may keep rates high for longer.

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Supreme Industries, incorporated in the year 1942, is a Mid Cap company (having a market cap of Rs 31064.42 Crore) operating in Plastics sector.

I think the time has come for India-dedicated fund allocation. This is the cusp, and we will see between now and the next few years, a tsunami of money flowing to India. So, India will be the preferred market.

Tech Mahindra launches Cloud BlazeTech

Updated at : 2022-12-08 09:45:02

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Integrated cloud migration, cloud-native operation and self-healing governance model, "Cloud BlazeTech" supports bi-modal infrastructure transformation and helps enterprises to accelerate to a cloud-native world, the company said.

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The facility will roll out the entire line-up of Royal Enfield motorcycles, including the new Classic 350, the Meteor 350, the Himalayan, and the 650 twin motorcycles -- Continental GT and the Interceptor.

Shares of BLS International will trade ex-bonus in the ratio of 1:1. The record date for the same is December 10, 2022. EFC (I)’s board will meet today to consider the conversion of 95,500 convertible warrants into equity shares on a preferential basis to the promoter.

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A total of 449,232 shares changed hands on the counter till 01:44PM (IST)

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The central bank digital currency CBDC will be as anonymous as the currency note and would have all the relevant laws applicable to currency would be applicable to the digital currency, the central bank said on Wednesday. Deputy governor T Rabi Sankar said that the regulator is looking at a technological solution to offer anonymity.

Banks need to brace for tighter liquidity ahead

Updated at : 2022-12-08 07:20:04

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Currently, liquidity in the banking system remains in surplus with the average absorption under the liquidity adjustment facility (LAF) at Rs 1.4 lakh crore, though down from the average of Rs 2.2 lakh crore during August-September. MSF is an emergency window for banks to borrow from RBI. The MSF rate is pegged 25 basis points above the repo rate and currently is at 6.50%.

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