CCEA Approves 29,800 Cr Schemes For Farmers

New Delhi: In order to speed up agriculture sector growth, the government sanctioned two major plans with a total disbursement of over Rs 29,800 crore.

Inflation Rate Down To 4.05%

New Delhi: For the week ended August 4, inflation turned down to 4.05 per cent as against to 4.45 per cent in the last week because of lower prices of poultry chicken, moong, fruits, vegetable and some man-made things.

The wholesale prices-based inflation was 5.08 per cent in the matching week of the last year. During the week, the prices of vegetables, fruits and poultry chicken slumped by five per cent each, whereas those of moong and fish-marine descended by one per cent.

IDBI Plans 3 Overseas Branches

Industrial Development Bank of IndiaThe Industrial Development Bank of In

Banks Should Perk Up Staff Abilities To Control Money Laundering - KPMG

New Delhi: KPMGIn a report, global consultancy firm KPMG stated that Indian Banks and some other Asia-Pacific countries should perk up their staff abilities to control money laundering actions as training programmes are fairly unsophisticated and laws outdated.

According to a worldwide study by KPMG Forensic, “Respondents across Asia-Pacific tell us that training in many parts of the region is relatively unsophisticated, reflecting outdated legislation and lack of regulatory pressure.”

The study mentioned that 17 per cent of the responders in the area alleged they give training in anti-money laundering (AML) actions to below 40 per cent of their employees.

Market Opens Weak and Slides further

Today, the stock market opened at 14,309.37, and continued its declining trend accompanied by weak global signs in the morning trades.

Asian Markets Skid Further; Nikkei Cut Down 414 Points

Japan's NikkeiAsian stock markets slipped further.

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News in Focus

Nvidia (NVDA) Stock Price Could Reach $300 as per Bernstein’s David Dai; Nasdaq Composite at Record Highs

Nvidia continues to command the narrative in global technology markets, with Bernstein reaffirming its bullish stance and projecting a $300 price target, anchored by the transformative potential o

Nasdaq Composite Closes at All-Time Highs; Nvidia Stock Price Above $200, Tesla Closes 3% Higher

Nasdaq Composite Closed at all-time highs as investors turned bullish on Iran-US talks to end the war.

HDFC AMC Share Price Target at Rs 3,063: Deven Choksey Research

Deven Choksey Research has reiterated an ACCUMULATE stance on HDFC Asset Management Company, highlighting that the recent earnings miss is largely optical and driven by one-off treasury adjustments

ICICI Prudential Life Insurance Share Price Target at Rs 650: Motilal Oswal

Motilal Oswal Financial Services has reiterated a BUY call on ICICI Prudential Life Insurance with a target price of Rs 650, implying an upside of ~19% from the current market pric

Nasdaq Composite Closes at All-Time Highs; Tesla Stock Price Jumps 7.6%, MSFT Stock Gains 4.6

The Nasdaq Composite has surged into record territory, signaling a renewed wave of bullish momentum driven largely by heavyweight technology stocks.