Why is RBI buying more dollars in the forward market than spot?

The central bank bought $ 10.7 billion worth of dollars in the forward market in August. In comparison, it bought $ 8.5 billion worth of dollars in the spot market. In August, the Reserve Bank of India (RBI) bought more dollars from the forward market than the spot market. This is the first time in six years. The reason for this is that the central bank did not want any pressure on the liquidity of the rupee by buying dollars from its spot market. According to RBI data, the central…

The 4.5 year record has been broken, the market has climbed for the 10th consecutive season

On Wednesday, the stock market broke a record of four and a half years. The market managed to close with a 10th consecutive session. For the first time since January 2015, domestic stock markets closed for the 10th consecutive session. The market was open in the morning with weakness. The BSE Sensex closed at 40,795 with a light strength of 169 points or 0.42 per cent. At the same time, the Nifty 50 index ended the business at 11,971, registering a gain of 37 points or 0.31 per cent. The…

Gold Price: Gold rises due to strong foreign signals

On Wednesday, gold futures were up 0.23 per cent, or Rs 115, at Rs 50,360 per 10 gram in the commodity exchange MCX in the domestic market. Gold and silver prices saw a rise on Wednesday. Strong signals from overseas markets impacted the domestic market. The hope of announcing the relief package in America soon is ending. Gold has got support from this. Parliament Speaker Nancy Pelosi in the US has rejected the proposal of a $ 1.8 trillion relief package from the White House. He has said that this…

Tax Savings – Public Provident Fund (PPF).

The account is a long-term savings institution provided by the central government, entered into force from 1 July 1968. This investment gives us ASSURED RETURNS & PROVIDE OLD AGE INCOME SECURITY for everyone. By investing in a P.P.F account, we can see the power of COMPOUNDING in the long run. This account is the E.E.E. Is under the rule. Features. WHO CAN – Any person – Resident, over 18 years old, Minor via Guardian.. Eligibility. Who can – non-resident, H.U.F., foreigner.. Entry age. No age limit for opening A /…

SME Capital Market – MSME Ecosystem and Funnelling Growth

MSMEs play a crucial role in the growth and transformation of India with their maximum contribution towards sustainable growth, employment, and social stability with their limited economic resources. Despite being strategically important for India’s economic development, the MSME sector is experiencing multiple challenges, the most severe being lack of means of finance. The Government and regulators have time and again attempted to address concerns of MSMEs through various policy measures and capital market initiatives to help MSMEs grow. In this article, we discuss MSME growth opportunities and constraints, global trends,…

Advertisement Of Tanishq Reportedly Pulled Amid Trolling; Boycott Call Split Internet

The advertisement – reveal last week about an animism baby shower – was find fault by a section on social media who felt it “encourage love jihad”. Another group criticize the prejudice and hate-filled posts pushing the ban trend.   An advertisement by the Titan Group’s Tanishq, a popular jewellery brand, has been evidently pulled off air after violent trolling on social media with #BoycottTanishq trending on Twitter on Monday. The advertisement promote an animism baby shower, post last week, was choose by a section on social media who perceive it…

Johnson & Johnson Pause Covid Dose Trial As Contributor Becomes ill ….

The pause means the online enlistment system has been closed for the 60,000-sufferer clinical trial while the autonomous patient safety board is convened.   J & J said Monday it had for the time being block its Covid-19 dose trial because one of its participants had diseased. Right now J&J  temporarily stop additional dose of Covid-19 vaccine to our stage-3 as well as on aspirants which is on clinical trials. The pause method is a online enlistment system which has been break off for the sixty thousand- sufferer clinical trial…

55,342 New Covid-19 Cases In India, Least In Nearly 2 Months .

India COVID-19 latest updates: The descending trend in India’s covid-19 cases reach on Monday, as the country reported 55,342 fresh COVID-19 cases, taking its callups the 71.7-lakh mark; 706 deaths in 24 hours, 1,09,856 total deaths, government data display. The down trend in India’s coronavirus cases continues as 55,342 new COVID-19 cases were recorded in the last 24 hours taking the country’s Covid callups 71.75 lakh, shows data shared by the Health Ministry this morning. This is the early time since August 18 (55,079) that India has announced around 55,000…

President Trump says he is free of COVID-19 .

“It look like I’m repulsive. President Donald Trump is no longer epizootic, nine days after being conclude in his tracks by COVID-19, his physician said in a statement released late on Saturday. “I am happy to report that in addition to the President meeting CDC criteria for the safe cut off of isolation, this morning’s COVID PCR sample show, by currently recognised standards, he is no longer examin a transmission risk to others,” Sean Conley said in the statement Dr. Conley, who has been accused of a lack of clarity…

Gal Gadot to Play “Cleopatra” in Movie

The actress will be rejoin with her ‘Wonder Woman’ director Patty Jenkins for Paramount Pictures’ upcoming movie Actress Gal Gadot will be rejoin with her Wonder Woman director Patty Jenkins for Paramount Pictures’ upcoming biopic Cleopatra. Gadot, 35, will play the appellative role of the last leader of Egypt’s Ptolemaic Kingdom in the movie to be run by Jenkins and penned by Laeta Kalogridis. According to Time limit , the phase of  drama will be produced by Atlas Entertainment’s Charles Roven, Jenkins, Gadot and her Pilot Wave Motion Pictures colleague…