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"This is consistent with ongoing deposit flight from the banking system as depositors indirectly invest their cash into government securities via money funds and shun bank credit"
Foreign investors turned buyers and pumped money into the Indian equity markets in the first half of March. This comes after a selloff of Rs 28,852 crore in January and Rs 5,294 in February, according to the data from National Securities Depository Ltd.
NEW YORK–(BUSINESS WIRE)–$UNFI #classaction–Attorney Advertising– Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against United Natural Foods, Inc. (“United Natural Foods” or the “Company”) (NYSE: UNFI) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired United Natural Foods securities between […]
The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward.
The Indian rupee could likely start flat this early Friday morning as investors look to fresh triggers. A slightly stronger dollar offset hopes of a potential pause in the Federal Reserve's rate-hike cycle and cap gains. So, the rupee could open at around 82.2500 to 82.2700 compared with 82.2625 in the previous session. Indian bond yields are expected to start flat this Friday morning as traders await the April-September borrowing plan as well as the Reserve Bank of India's monetary policy decision.
Securities transaction tax on the sale of options has been hiked, in keeping with the amendments made to Finance Bill 2023, passed in the Lok Sabha on Friday. On the sale of options, the STT has been increased to Rs 2,100 on a turnover of Rs 1 crore, compared to the earlier applicable levy of Rs 1,700. For sale of futures contracts, the STT has been hiked to ₹1,250 on ₹1 crore of turnover, against the earlier levy of ₹1,000.