Latest Stock Market News

​​Banga has "critical experience mobilizing public-private resources to tackle the most urgent challenges of our time, including climate change," said Biden in a statement, amid a push for lenders to revamp and address global problems more effectively.

PSU banks have taken the lead in raising deposit rates, offering as high as 8.5% to senior citizens for specific tenures. State Bank of India now offers 7.1% for a 400-day deposit, with senior citizens earning 7.6%. Among other nationalised banks offering attractive rates are Union Bank of India -7.3% for an 800-day deposit, and Central Bank 7.25% - for a 444-day deposit. Punjab and Sind Bank offers 8% for a 221-day deposit if done online, with senior citizens earning 8.5%.

Bharat Forge said in order to house all defense related investments of the company under one entity, the ‘investment committee – defence business’ has approved the transfer of the company’s stake in Aeron Systems to Kalyani Strategic Systems, a wholly-owned subsidiary of the company.

The equity AUM of local mutual funds includes all equity exposure from equity funds to balanced funds. It rose by 13% to Rs 22.6 lakh crore in January from the year ago.

In FY19, Sebi passed a guideline wherein the listed large corporates with borrowings of Rs 100 crore or more and with credit ratings of AA and above would have to borrow 25 per cent or more of the incremental borrowings through bonds

Four of those seven show a strong potential to be affected by technical levels, according to a Bloomberg analysis.

Nifty Realty has fallen 11% year-to-date as the stocks face selling pressure.>> For more such web stories click on the ET icon below

Some banks, including Barclays and Standard Chartered, and healthcare majors AstraZeneca and GSK traded without an entitlement for dividend payout

Initial claims for state unemployment benefits decreased 3,000 to a seasonally adjusted 192,000 for the week ended Feb. 18, the Labor Department said on Thursday. Economists polled by Reuters had forecast 200,000 claims for the latest week. Claims have been hemmed in a tight 183,000-206,000 range this year

The Dow Jones Industrial Average rose 130.30 points, or 0.39%, at the open to 33,175.39