Mon, Jul 1, 2024 7:10 PM
Bajaj Finserv Chairman Salary Was 105 Times Higher Than The Median Salary
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RBI Governor Shaktikanta Das urged banks to increase efforts against "mule accounts" and intensify customer awareness initiatives to curb digital frauds. He emphasized the need for robust cybersecurity controls and effective management of third-party risks during a meeting with MDs and CEOs of public and private sector banks in Mumbai. No specific financial terms or targets were mentioned.
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Domestic institutional investors sold shares worth Rs 924 crore, while foreign investors bought shares worth Rs 5,484 crore on July 3. FIIs have net bought shares worth Rs 1.32 lakh crore, and DIIs have bought shares worth Rs 2.40 lakh crore so far this year. The Sensex rose 545.35 points to 79,986.80, and the Nifty gained 162.65 points to 24,286.50, driven by strong institutional flows.
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The metals and mining sector is seeking increased infrastructure spending, duty reductions, and financial incentives in the upcoming Union budget. The industry wants relief from Chinese steel imports, rationalization of taxes on key inputs like natural gas and iron ore, and incentives for renewable energy transition. It also expects financial support for critical minerals mining to secure supply.
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