IFA
Rupee sees range-bound trade against US dollar in morning deals
The rupee traded against the US dollar in early trade, influenced by the equity market and factors like the dollar's strength and crude oil prices.
India election 2024: How markets may react to the outcome
India's national election, spanning six weeks and concluding on Saturday, has financial markets eagerly awaiting the verdict after counting on June 4.
Sandeep Chattoo, prominent businessman and owner of Real Kashmir FC, dies
Sandeep Chattoo who owns Real Kashmir Football Club (RKFC) died in Gurugram after suffering a severe heart attack, his family said on Sunday. Chattoo was 57. He is survived by his mother, wife, and two children. According to the family, he experienced chest pain in the afternoon, following which he was swiftly taken to a hospital in Gurugram, where he was pronounced dead on arrival.
Making anemia a visible problem in India
Anemia rates among Indian women and children have remained 20% and 15% more than the world average, respectively. India with its largest population contributes significantly to the global burden of anemia
Rupee rises 3 paise to 82.81 against US dollar
The rupee opened at 82.82 against the US dollar, gained 3 paise and traded at 82.81. Foreign fund inflows and positive domestic equities supported the currency. However, the greenback's overall strength is limiting appreciation. According to IFA Global Research Academy, the rupee may trade in the 82.65-82.95 range with sideways price action. Meanwhile, Brent crude futures increased by 0.36% to USD 76.26 per barrel, and the Sensex gained 0.35%. Foreign institutional investors purchased shares worth Rs 922.89 crore in the capital market.
What happened to Murphy Afolabi? Nollywood Yoruba actor's cause of death revealed
Reports say that Murphy Afolabi died of an accident at home. He reportedly had a fall in the bathroom of his house in Ikorodu, Lagos, because of which he had a head injury. The actor succumbed to his injuries. 49-year-old Nollywood Yoruba actor-filmmaker Murphy Afolabi died of a head injury, making him the third actor to die within a week in the film industry. Here’s what we know.
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Once we are out of the consolidation phase, SIP money will come in a big way: Sanjay Shah
Prudent Corp Advisory's founder and MD, Sanjay Shah, explains the company's technology platform, which serves the needs of retail independent financial advisors (IFAs) beyond customer engagement, such as compliance, dealing with asset managers, and technology. Shah notes that the company has created a strong ecosystem for smaller IFAs to survive in business. Prudent provides IFAs with two technology platforms, Fundzbazaar for customer engagement and Prudent Connect, which serves as a hub for IFAs to access management information, reports, reminders, and support
IFA Awards in 2023: Abhishek Bachchan, Vicky Kaushal all set to host the event
The International Indian Film Academy (IIFA) Awards will be held on Yas Island in Abu Dhabi for the second year in a row on May 26 and 27.
Rupee trades in narrow range against US dollar
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.28 per cent to 100.93, after the US Fed hiked the Fed funds rate along expected lines by 25 basis points to 4.50-4.75 per cent.
Rupee gains 13 paise to 81.61 against US dollar
Foreign Institutional Investors (FIIs) were net sellers in the capital market on Tuesday as they offloaded shares worth Rs 2,109.34 crore, according to exchange data.
Rupee slips along with Asian FX as U.S. inflation, Fed looms
"Fed members would be concerned about the impact of past rate hikes as monetary policy operates with long and variable lags. At the same time, they would highlight that the fight against inflation is not over," said Abhishek Goenka, founder and CEO of forex advisory firm IFA Global.
Tech shines at Qatar FIFA WC 2022 with football sensors, AI, player analytics
Tech was a key attraction at the FIFA WC 2022-Qatar chapter.
Rupee gains 25 paise to 82.63 against US dollar in early trade
Rupee was under pressure through Thursday's session on broad dollar strength. There is, however, some respite overnight, IFA Global Research Academy said in a note. "We expect it to trade in a 82.50-82.80 range with .
Rupee falls 43 paise to 79.60 against US dollar in early trade
The higher-than-expected print has raised the prospect of more aggressive monetary policy tightening by the US Fed. Markets now expect the terminal Fed Funds rate to be 4.25 per cent. Markets are also attributing a 20 per cent chance of a 100 basis point hike in the policy next week, according to IFA Global Research Academy.
Re payment for trade to boost rice, tea exports to Russia, Iran
India annually exports around 45 million kg of teas to Russia. But due to the ongoing war between Russia and Ukraine and the sanctions from the US and Europe, tea exports have fallen by 10% to the country in January-April against the same period last year.
Env Ministry proposes to replace jail term with Rs 500 fine for illegal tree cutting in forests
Env Ministry proposes to replace jail term with Rs 500 fine for illegal tree cutting in forests. New Delhi, The Union Environment Ministry has proposed to amend the Indian Forest Act (IFA), 1927 to replace a jail term of six months with Rs 500 for illegal trespassing and tree cutting in forests.
RBI measures should help rupee outperform peers in emerging markets: Experts
The Indian rupee, RBI said has depreciated by 4.1 per cent against the US dollar during the current financial year so far (up to July 5), which is modest relative to other EMEs and even major Advanced Economies (AEs).
D-Street to raise record Rs 31,000 cr from deluge of IPOs in 2 weeks
The Indian capital market is set to witness one of the busiest fortnights in its history as six companies have lined up to together raise about Rs 31,400 crore by November 10.
Bidesh Bose: The left-winger who still wins
The great footballer Bidesh Bose won two big matches for two Banerjees.
The elephant is ready to dance, says SBI’s Dinesh Kumar Khara
It is my ambition that we should be number one in all the fields we are in, says SBI chairman.
Three LeT associates held in J-K's Bandipora
Acting on specific input, security forces apprehended three militant associates linked with LeT in the Rakhi Hajin area of the north Kashmir district, a police spokesman said.
Rupee slips 4 paise to 73.11 against US dollar in early trade
At the interbank forex market, the domestic unit was trading in a narrow range on Friday. It opened at 73.09 against the US dollar and fell to 73.11 against the greenback, registering a fall of 4 paise over its previous close.
Rupee opens on flat note against US dollar
"The US and countries across Europe are enforcing stricter measures to tackle the rising second wave of cases. This has stalled the global risk rally as of now. However, with progress on the vaccine front, there are no signs of panic as yet," said Abhishek Goenka, Founder and CEO, IFA Global.
Rupee rises 24 paise to 74.38 against US dollar in early trade
"Global risk sentiment continues to remain positive. After Pfizer, Moderna's vaccine trials have yielded promising results (trials indicate it is 94.5 per cent effective in preventing Coronavirus and vaccine also does not need to be stored at ultra-low temperatures unlike Pfizer's)," said Abhishek Goenka, Founder and CEO, IFA Global.
Don't call yourselves advisors, AMFI tells mutual fund distributors
Association of Mutual Funds in India (Amfi) has asked mutual fund distributors to not identify themselves as advisors.
Rupee slips 9 paise to 73.55 against US dollar in early trade
Asian currencies are trading weak against USD. The rupee is likely to trade in an intra-day range of 73.35-73.65, said Abhishek Goenka, Founder and CEO, IFA Global.
Smartwatch, Wearable To Fix Body Posture & Child Safety GPS Launched At Berlin IFA 2019
Here is a glimpse at the future of consumer electronics from the recently-concluded IFA 2019 at Berlin.
IFA 2019: A 'Fixed' Galaxy Fold Returns; LG Debuts Dual-Screen 5G Phone
September is a busy month in the tech world. Ahead of Apple's annual event where it will unveil its new iPhone line-up, IFA - Europe's largest consumer tech conference, kicked-off in Berlin. The event (full form: Internationale Funkausstellung) will host about 1,800 companies from 50 nations. Tracing its origins back to 1924, the annual exhibition sees tech giants showcase highly-anticipated devices. Here's a look at the phones from the event.
IFA 2018 Highlights: 5 Laptops That Stole The Show
Asus has been popular for its ZenBook series of laptops. At IFA 2018, three laptops under the ZenBook S series were launched. Termed as one of the most compact series of laptops, these are meant for general use. All of these are embedded with the ErgoLift hinge, IB webcams, biometric login and more. Another special feature is the touchpad which can double as a numeric keypad. The price is not out yet, but the Asus ZenBooK 13, 14 and 15 under the S series are totally worth the shot. (Image: www.asus.com)
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