Moody’s puts AAA rating stamp on Fidelity and BlackRock’s tokenized money market funds

Moody’s assigned its highest credit rating to tokenized money market funds from Fidelity and BlackRock, validating their safety as yield-bearing onchain products. The AAA-mf rating signals an extremely strong ability to ensure high liquidity and capital preservation and the lowest level of risk. Fidelity’s FILQ fund debuted on May 6. The product is powered by…

Read More

Why is stock market up today? Sensex rises over 1,000 points; Nifty50 above 23,700 – top reasons for rally

The government is evaluating a proposal to substantially reduce taxes on bond investments made by foreign investors. (AI image) Stock market rally today: Sensex and Nifty50 rallied strongly in trade on Thursday as firm global cues and possible steps to stem rupee’s fall boosted confidence. Both benchmarks rose over 1%, even as global and domestic…

Read More

Access Denied

Access Denied You don’t have permission to access “http://www.ndtvprofit.com/technology/major-display-changes-tipped-for-vivo-x500-series-bigger-standard-x500-variant-smaller-x500-pro-model-11494017” on this server. Reference #18.adf5d217.1778751059.f39d9e6 https://errors.edgesuite.net/18.adf5d217.1778751059.f39d9e6 Source link

Read More

Access Denied

Access Denied You don’t have permission to access “http://www.ndtvprofit.com/markets/sebi-proposes-to-simplify-derivatives-rulebook-cut-compliance-for-exchanges-11494022” on this server. Reference #18.adf5d217.1778750719.f190183 https://errors.edgesuite.net/18.adf5d217.1778750719.f190183 Source link

Read More

Access Denied

Access Denied You don’t have permission to access “http://www.ndtvprofit.com/india/vd-satheesan-net-worth-properties-gold-cash-and-cars-a-look-at-new-kerala-cm-s-assets-11493932” on this server. Reference #18.adf5d217.1778750338.ef473b0 https://errors.edgesuite.net/18.adf5d217.1778750338.ef473b0 Source link

Read More

Arresting rupee’s fall: India eyes cut in taxes on bond investments by foreigners – here’s how it may help

The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry. Looking to tackle foreign outflows and preserve forex, the government is weighing a major cut in the tax burden imposed on foreign investors investing in domestic bonds. Policymakers are looking to bring the country’s framework…

Read More

EC announces Phase III of SIR: 16 states 3 UTs to be covered – check list | India News

NEW DELHI: The Election Commission on Thursday announced the conduct of Phase III of special intensive revision (SIR) covering 16 states and 3 Union territories. This would not include Himachal Pradesh, Jammu & Kashmir and Ladakh, the poll body said.“Election Commission of India has directed the conduct of the Special Intensive Revision (SIR) in 16…

Read More

Access Denied

Access Denied You don’t have permission to access “http://www.ndtvprofit.com/sports/fifa-world-cup-final-halftime-show-madonna-shakira-and-bts-to-headline-watch-coldplay-announcement-11493437” on this server. Reference #18.adf5d217.1778749485.ea3ec50 https://errors.edgesuite.net/18.adf5d217.1778749485.ea3ec50 Source link

Read More

Crude Oil Prices India: West Asia crisis: India’s wholesale inflation jumps to 8.3% in April as fuel, crude oil prices surge

India’s wholesale price inflation accelerated sharply to 8.30 per cent in April from 3.88 per cent in March, driven mainly by a steep rise in fuel, power and crude oil prices amid the ongoing West Asia crisis, according to government data released on Wednesday.Data released by the ministry of commerce and industry showed that inflation…

Read More

Access Denied

Access Denied You don’t have permission to access “http://www.ndtvprofit.com/economy/wpi-inflation-surge-indias-wholesale-inflation-hits-42-month-high-of-8-30-in-april-on-fuel-core-pressure-11493520” on this server. Reference #18.adf5d217.1778748711.e5a3d26 https://errors.edgesuite.net/18.adf5d217.1778748711.e5a3d26 Source link

Read More