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The Indian rupee opened weaker against the US dollar on Thursday (October 1), with higher crude oil prices and elevated US Treasury yields continuing to put pressure on the currency. The rupee opened at 95.95 per dollar, compared with 95.83/$ at Wednesday’s (September 30’s) close, marking a 12-paise decline. The currency has pared some of…
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Sensex Today | Stock Market Live Updates: The final day of the week is also the first day of the new month and a new quarter. Business updates will start pouring in from companies for the quarter gone by. Also to be reported will be the Auto sales figures for September and the expectations are…
The National Stock Exchange of India (NSE) has received a no-objection certificate (NOC) from the Securities and Exchange Board of India (SEBI) to introduce futures contracts on a corporate bond index. The proposed product will provide market participants with an exchange-traded instrument to manage corporate bond market risk and support the development of India’s corporate…
The Reserve Bank of India, on Thursday, October 1, granted approval for Anup Kumar Saha to become the next MD & CEO of Mumbai-based Kotak Mahindra Bank Ltd. Saha will replace outgoing MD & CEO Ashok Vaswani from January 1, 2027 for a period of three years. Kotak Mahindra Bank made this announcement on Thursday…
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Shares of Tech Mahindra Ltd. are in focus on Thursday, October 1, after the company said it will consider interim dividend and bonus share issue later this month. The company, in an exchange filing on Wednesday, said its board of directors is scheduled to meet on October 15 and October 16 and they will consider…
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Asian markets opened October on Thursday with little direction, as investors weighed a sharp late reversal on Wall Street that wiped out the cheer from softer US inflation data. Hang Seng futures fell 0.7%, and South Korea’s Kospi lost 0.62%. Japan’s benchmarks were split as the Nikkei 225 climbed 1.28%, while the broader Topix slipped…
