Reddit Targets Up To $6.4 Billion Valuation In Much-Awaited US IPO
The targeted valuation, on a fully diluted basis, is less than the $10 billion Reddit was valued at after a fundraising in 2021.
Mar 11, 2024, 18:13 PM IST
Fed watching for financial shocks as risks build: Brainard
US stock markets remain near record highs despite a sharp increase in volatility this year, brought on in part by uncertainty over how the Fed might react to the fiscal boost and an economy that is expected to heat up.
Apr 04, 2018, 11:56 AM IST
MPC members to get Rs 1.5 lakh per meet,disclose assets every year
The members appointed by the government would "receive a remuneration of Rs 1,50,000 for devoting time and work for each meeting of the committee. Which they attend and other expenses relating to air travel, local transportation and accommodation as may be decided by the central board from time to time," as per the regulations.
Jul 23, 2017, 15:35 PM IST
Central banks launch forex market code of conduct
Regulators and leading financial firms launched a new code of conduct for global currency trading on Thursday, including measures aimed at ensuring its universal adoption by the world`s major financial institutions.
May 25, 2017, 14:01 PM IST
US Fed could end reinvestment policy this year: Fed's Bullard
The US Federal Reserve could begin winding down its massive balance sheet sometime later this year in a shift that would make it less necessary to raise the official funds rate, a central banker said on Monday.
Apr 10, 2017, 11:33 AM IST
Demonetisation is only short term pain for long term gain: PM Narendra Modi
Speaking the inaugural function, Modi said India is been seen as bright spot and to see how far India has travelled one should look back to 2012-13 when the currency was falling sharply.
Dec 24, 2016, 13:15 PM IST
Global stocks extend losses, sterling near 30-year lows in Brexit aftermath
Global equities took another step down in Asia on Tuesday, with regional markets sliding and sterling wallowing near three-decade lows as Britain`s shock vote to exit the European Union continued to roil financial markets.
Jun 28, 2016, 06:49 AM IST
India's new Mauritius treaty signals end of shopping for tax havens
India`s move to plug suspected losses in tax revenue through Mauritius, a top source of foreign investments into the country, has not sent financial markets into a tailspin as it would have just a few years ago.
May 12, 2016, 09:01 AM IST
Countries look to draw expatriate cash with "diaspora bonds"
A growing roster of developing states are turning to their compatriots abroad to raise cash by marketing "diaspora bonds", a funding strategy successfully pioneered by India and Israel but sometimes tricky to imitate
Apr 17, 2016, 16:22 PM IST
UK report warns 'decade of uncertainty' over Brexit
Britain will face a "decade of uncertainty" if it exits from the European Union (EU), a UK government analysis warned today, citing the impact of "Brexit" on some 2 million Britons living abroad.
Feb 29, 2016, 18:42 PM IST
India's electronic financial sector has rooms for competition
There is enough room to create more competition in the electronic and digital segments of the financial markets in India, especially the cash-management through ATM-debit card use, a top MasterCard executive said.
Oct 05, 2015, 14:13 PM IST
India on marathon path; markets don't need steroids: Kotak
Kotak also said that one of the biggest challenges today was the history of excessive leverage by India Inc.
May 31, 2015, 14:58 PM IST
8 new additions in MSCI India Index from tomorrow; RInfra to exit
Eight companies, including Lupin, Bharti Infratel, Eicher Motors and Bharat Forge, will be added to the MSCI India Index from tomorrow.
May 28, 2015, 14:07 PM IST
Nifty drops by 31 points; energy, realty stocks fall
A total of 6,606.59 lakh shares changed hands in 63,08,043 trades and the total market capitalisation of the NSE stood at Rs 99,32.900 crore.
May 26, 2015, 18:41 PM IST
India self-insured to withstand volatile capital flows: Rajan
Amid a huge sell-off by foreign investors in the capital markets, RBI Governor Raghuram Rajan on Friday said India is well protected against volatile capital flows with its deeper reserves, surging growth and a stronger macroeconomic environment.
May 22, 2015, 18:44 PM IST
DII stake value in NSE companies hits 6-yr high at Rs 10.21 lakh cr
DII ownership on a free-float basis or on the basis of non-promoter holdings in NSE firms, climbed to 11.46% in the quarter ending March 2015 from 10.64% one year back.
May 19, 2015, 17:18 PM IST
Asia shares slip after US data but euro advances
Asian markets mostly retreated, however, the euro added to recent gains after data showing the eurozone economy picking up,
May 14, 2015, 11:02 AM IST
BSE seeks clarification from MCX on CBI probe reports
The discreet inquiry could be turned into a regular case if the agency found prima facie evidence of any alleged irregularities.
May 04, 2015, 14:30 PM IST
Dollar extends gains against euro
The euro bought $1.1194 in afternoon Singapore trade from $1.1200 in New York late Friday. It also fell to 134.40 yen from 134.56 yen.
May 04, 2015, 11:35 AM IST
Oil's 45%t rebound could be markets' next headache
Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.
Apr 27, 2015, 17:52 PM IST
