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The US Federal Reserve held the interest rates steady in the 5.25%-5.50% range but indicated another increase this year.
As per the data released by Central Board of Direct Taxes, India’s direct tax collections surged by 23.5% to ₹8.65 lakh crore between 1 April and 16 Sep on an annual basis.
SEBI empanels 34 entities for conducting forensic investigation of Mutual Funds, AMCs, Trustees in a bid to safeguard unitholders' interest amidst the expanding mutual fund industry.
Shares ofR R Kabel andEMS got listed at a premium of 14% and 33% over the issue price of ₹1035 and ₹211 respectively while IPO of SAMHI Hotels, Zaggle Prepaid Ocean Services and Yatra Online got oversubscribed by 5.7, 12.9 and 1.7 times respectively.
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First Published: 23 Sep 2023, 11:43 AM IST