Search Results for: PMC Bank

Sensex, Nifty end flat as markets turn to consolidation phase

Sensex up 221 points in opening session, records new all-time high

At the beginning of the trading session, Sensex and Nifty made a new all-time high of 82,637 and 25,249 respectively.

Aug 30, 2024

Sensex trades flat amid negative global cues from US, Asian markets

At 9.40 a.m., Sensex was at 81,816, up 31 points and Nifty was up 19 points at 25,071

Aug 29, 2024

Sensex ends flat, Nifty at 25,052 after hitting fresh all-time high

Indian equity benchmarks closed flat on Wednesday following volatility in the markets.

Aug 28, 2024

PMJDY: A Decade of Financial Inclusion in India

The Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, launched in 2014, has integrated over 53.14 crore economically marginalized individuals into mainstream banking. The scheme has seen a 3.6-fold growth in accounts, providing access to formal banking services and promoting financial inclusion. The PMJDY scheme has also promoted gender equality and rural inclusion, with 67% of accounts opened in rural or semi-urban areas and 55% by women. The success of PMJDY in promoting financial inclusion in India is comparable to similar initiatives globally, like M-Pesa in Kenya and Grameen Bank in Bangladesh.

Aug 28, 2024

Tribal Board case: ED raids jailed K'taka ex-min Nagendra, associates' homes, offices

Tribal Board case: ED raids homes of jailed K'taka ex-min Nagendra, his associates

The sleuths of the Enforcement Directorate (ED) conducted simultaneous raids on the residences and offices of jailed former minister B Nagendra and his close associates at different locations on Wednesday in connection with the alleged irregularities in the tribal welfare Board.

Aug 28, 2024

Sensex trades flat on negative global cues from Asian peers

At 9.40 a.m., Sensex was down 45 points or 0.05 per cent at 81,667 and Nifty was down 21 points or 0.10 per cent at 24,996.

Aug 28, 2024

Yes Bank expels its country head of financial markets, reason unknown

Amit Sureka, based in Yes Bank's Mumbai branch has been working with the private lender since 2005

Aug 27, 2024

Sensex down, follows Asian markets awaiting positive global cues

The Nifty midcap 100 index is at 59,117, up 185 points or 0.32 per cent and the Nifty smallcap 100 index is at 19,183, up 51 points or 0.27 per cent.

Aug 27, 2024

SEBI Issues Notices to Paytm CEO Vijay Shekhar Sharma Over Alleged IPO Irregularities

SEBI has issued notices to Paytm CEO, Vijay Shekhar Sharma, over alleged IPO irregularities. The allegations include misrepresentation of facts and non-compliance with promoter classification norms.

Aug 26, 2024

India offers UPI as a plug-and-play system to other countries to speed up cross-border payments

RBI Governor Offers UPI System for Global Adoption

India's Reserve Bank of India (RBI) Governor, Shaktikanta Das, has offered the country's Unified Payments Interface (UPI) system as a plug-and-play model for other nations.

Aug 26, 2024

Sensex trades higher as US Fed Chair hints likely rate cut next month

Among the sectoral indices, Auto, IT, PSU Bank, fin service, pharma, metal and energy are the major gainers and FMCG is the only loser in the NSE indices.

Aug 26, 2024

US jobless claims data allays fears over economic slowdown

US Jobless Claims Rise Marginally, Fed Rate Cut Expected

US jobless claims marginally increased, easing fears of a sharp economic slowdown. The US Federal Reserve is expected to cut interest rates to stimulate economic growth. Fed Chair Jerome Powell's upcoming speech is anticipated to provide insights into future policy. The potential rate cut could boost global markets, including India's, by attracting foreign investors.

Aug 24, 2024

US Rate Cut Fuels Optimism in Indian Stock Markets

The anticipated US rate cut is expected to boost the Indian stock market and various sectors like IT, BFSI, automotive, and real estate. The Indian markets have been on a recovery rally, influenced by positive US economic data and global cues.

Aug 24, 2024

Sensex, Nifty trade flat amid mixed global cues

Sensex, Nifty trade remain flat ahead of Fed chief's policy speech on interest rates

Indian equity indices opened flat on Friday following mixed cues from global markets.

Aug 23, 2024

'My signature was forged', Kumaraswamy says as Lokayukta seeks prosecution sanction in mining case

Claiming that his signature had been forged in papers granting permission to a firm for mining activities, Union Minister for Heavy Industries and Steel H.D. Kumaraswamy on Wednesday, while reacting to the Karnataka Lokayukta's move to seek prosecution sanction against him, said that will tackle the matter legally.

Aug 22, 2024

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Search Results for: PMC Bank

Sensex up 221 points in opening session, records new all-time high

Sensex trades flat amid negative global cues from US, Asian markets

Sensex ends flat, Nifty at 25,052 after hitting fresh all-time high

PMJDY: A Decade of Financial Inclusion in India

Tribal Board case: ED raids homes of jailed K'taka ex-min Nagendra, his associates

Sensex trades flat on negative global cues from Asian peers

Yes Bank expels its country head of financial markets, reason unknown

Sensex down, follows Asian markets awaiting positive global cues

SEBI Issues Notices to Paytm CEO Vijay Shekhar Sharma Over Alleged IPO Irregularities

RBI Governor Offers UPI System for Global Adoption

Sensex trades higher as US Fed Chair hints likely rate cut next month

US Jobless Claims Rise Marginally, Fed Rate Cut Expected

US Rate Cut Fuels Optimism in Indian Stock Markets

Sensex, Nifty trade remain flat ahead of Fed chief's policy speech on interest rates

'My signature was forged', Kumaraswamy says as Lokayukta seeks prosecution sanction in mining case

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]