Here is a collection of the most important stories this evening:
F&O update: NSE revises lot size of derivative contracts for 54 stocks
National Stock Exchange (NSE) announced revision of market lot of derivative contracts of 54 individual stocks. Out of 182 stocks that have derivative contracts, NSE has changed lot size of 54 stocks. Read more
Model code may not impact capex pace; less than Rs 1.5 lakh crore needed to meet FY24 aim
In February 2024, the government's capital expenditure more than quadrupled on a year-on-year basis and nearly doubled sequentially. With a spending of Rs 8.05 lakh crore during the first 11 months of the current fiscal, the Centre has met almost 85 percent of the revised target for FY24. Read more
Surging prices shift investors towards under-construction properties over ready inventories
The post-pandemic jump in demand for ready-to-move-in flats has run up against the wall of rising cost. Experts say currently they are witnessing a considerable shift in investor preference towards more affordable under-construction properties, driven by rising real estate prices. Read more
MC Selects
UN comments on Kejriwal's arrest, India terms reaction 'unwarranted'
The United Nations reacted to Delhi Chief Minister Arvind Kejriwal's arrest amid upcoming Lok Sabha elections in India. The agency said it "hopes" that people’s "political and civil rights" are "protected" in India and any other country having elections. Read more
HDFC Bank raises new home loan rates even as repo rate stays steady. Here’s why
HDFC Bank, India's largest private sector lender, has increased its repo rate-linked home loan interest rates gradually since January this year. Read more
LIC, other insurers, banks to keep offices open on March 30, 31; here's why
The Insurance Regulatory and Development Authority of India (Irdai) has advised the insurance companies to keep their offices open on March 30 and March 31 to avoid any distress to policyholders, the regulator said in a communication. Read more
EC allows transfer, promotion of bank officials during model code of conduct
The Election Commission of India has allowed the transfer and promotion of officers in state-run financial services organisations such as banks, provided those assigned polling duties were not relocated. The panel has, however, deferred any fresh appointments till the elections are over. Read more
2024-03-29T12:10:49Z dg43tfdfdgfd