- Stock Market LIVE: Sensex erases gains, Nifty below 20,900; SBI, ITC dip 1%at 8:17 am
Stock market LIVE on December 8, 2023: The Nifty took 60 trading sessions to cross 21,000 from the 20,000 mark that it touched on Sept 11
- Foreign investors turn bullish on Indian stock futures after PM Modi's winsat 7:43 am
Overseas funds held 31,549 more long index futures contracts than short contracts as of Thursday, turning to a net bullish position a day earlier for the first time since September
- Startup funding in 2023 lowest in 5 yrs as big-ticket deals dip: Reportat 7:42 am
Funding rounds of $100 million+ fall 69% compared to 2022; only two unicorns created after 23 last year
- India Inc fundraising via private placement reaches Rs 8.97 trn in 2023at 6:33 am
Corporates in India have set a new record for financing through private placements; the last record was set in 2020 at Rs 7.95 trillion
- RBI monetary policy: 5 key announcements from the governor's speech todayat 6:01 am
RBI monetary policy: Central bank raised the UPI payment limits for hospitals and educational institutions to Rs 5 lakh from Rs 1 lakh per transaction
- RBI MPC: Repo rate kept unchanged at 6.5%, FY24 GDP estimate hiked to 7%at 5:09 am
RBI MPC: Reserve Bank's Monetary Policy Committee decides to keep the repo rate unchanged at 6.5% and also keeps the FY24 inflation forecast unchanged at 5.4%
- IBA signs MoU with unions on pay revision; okays 17% hike for 5 yearsat 5:00 am
The parties will endeavour to finalise the bipartite settlement within 180 days from the date of this minutes
- Vedanta Resources to raise $1.25 bn through foreign investors at high ratesat 4:38 am
While foreign debt typically carries interest rates ranging from 10-12%, Vedanta's loans have been offered at 18% interest rate for three years, beginning in January
