financial markets

New Delhi, March 18 State Bank of India (SBI) on Tuesday said it has raised ₹6,051 crore through its second Basel III-compliant Tier II bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds are issued for a period of 10 years...

Mumbai, March 17 The rupee declined by 12 paise to settle at an all-time low of 92.40 against the US dollar on Tuesday, due to rising crude oil prices and continued outflow of foreign funds amid the West Asia crisis.A positive trend in domestic equity markets also helped the domestic currency...

Mumbai, March 17 Retail participation in the government bond market is gradually increasing, with activity in the secondary market witnessing a sharp surge, according to the latest RBI Retail Direct data.Trading volumes in the secondary market segment have increased by 3.7 times over the past...

New Delhi, March 17 The initial public offer of agrochemical company GSP Crop Science Ltd received 96 per cent subscription on the second day of bidding on Tuesday.The IPO received bids for 86,04,622 shares against 89,47,367 shares on offer, according to NSE data.The category for...

Mumbai, March 17 The Reserve Bank of India (RBI) injected ₹48,014 crore in short-term liquidity into the banking system on Tuesday through a seven-day variable rate repo (VRR) auction.These funds were injected at a cut-off rate and a weighted average rate of 5.26 per cent, according to the...

New Delhi, March 16 The markets regulator, Sebi, on Monday revised the rules governing the Settlement Guarantee Fund (SGF) for the commodity derivatives segment to ease compliance for clearing corporations.Under the revised framework, clearing corporations will now calculate the SGF coverage...

New Delhi, March 16 PhonePe announced on Monday that it has temporarily suspended its public market listing process due to the current geopolitical conflicts and market volatility, and will resume the listing process once there is some stability in global capital markets.Sameer Nigam, CEO of...

New Delhi, March 13 Even as tensions stemming from the West Asia crisis unsettle global markets, investors have shown little willingness to sell Adani Group's dollar-denominated bonds, despite a buyback by its ports arm, Adani Ports and Special Economic Zone Ltd (APSEZ).On March 12, APSEZ...

Washington, March 12 – U.S. President Donald Trump said on Thursday that rising oil prices benefit the United States because the country is the world’s largest producer of crude, even as tensions in the Middle East push global energy markets higher.“The United States is the largest Oil...

New Delhi, March 12 Gold futures edged lower by ₹38 to ₹1.61 lakh per 10 grams on Thursday as surging oil prices heightened inflationary risks and reduced the likelihood of interest rate cuts by the US Federal Reserve.According to the Multi Commodity Exchange (MCX), the yellow metal for April...

Mumbai, March 12 The rupee plunged by 35 paise to hit an all-time intra-day low of 92.36 against the US dollar on Thursday as global crude oil prices continued to rise overnight and showed no signs of easing amid the ongoing conflict in West Asia.A stronger US dollar and weak sentiment in the...

New Delhi, March 11 Investors' wealth eroded by ₹5.14 lakh crore on Wednesday as stock markets fell after a day's respite due to a surge in global crude oil prices amid growing tensions in West Asia.The 30-share BSE Sensex tumbled 1,342.27 points or 1.72 per cent to close at 76,863.71. During...

Mumbai, March 11 The rupee declined by 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger US dollar amid the ongoing war in West Asia.Forex traders attributed the decline to further outflows from...

Mumbai, March 11 The capital markets regulator, Sebi, is exploring a new regulatory framework for Alternative Investment Funds (AIFs) that could speed up the launch of fund schemes, its Chairman Tuhin Kanta Pandey said on Wednesday.The proposed "Lodge and Launch" model would allow certain AIF...

Mumbai, March 11 Foreign portfolio investors' (FPI) investments in Fully Accessible Route (FAR) government securities have declined by about Rs 4,634 crore since the start of the Middle East conflict, reflecting growing caution among overseas investors amid rising crude oil prices, a weakening...

Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85, aided by a sharp fall in global crude oil prices, fueled by hopes of de-escalation of the ongoing conflict in West Asia.Forex traders said the Indian...

New Delhi, March 10 The initial public offer of Rajputana Stainless Ltd, a manufacturer of long and flat stainless steel products, received 42 per cent subscription on the second day of bidding on Tuesday.The IPO received bids for 88,17,270 shares, compared to the 2,09,00,000 shares on offer...

Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85 (provisional), aided by a sharp fall in global crude oil prices amid hopes of de-escalation of the ongoing conflict in West Asia.Sharp gains in the...

Amid heightened volatility in financial markets due to the ongoing conflict in West Asia, SEBI Chairman Tuhin Kanta Pandey has urged investors to remain calm. Addressing an event to celebrate 30 years of the NIFTY 50 in Mumbai last evening, Mr. Pandey said that India's domestic fundamentals have...

US stocks closed higher after a remarkable turnaround, as oil prices fell from nearly $120 per barrel to below $90, according to reports from AP.