Fri, Jun 24, 2022 3:14 PM
US$100 mn crypto hack suffered by Horizon has prompted an FBI investigation
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Financial services secretary Vivek Joshi on Tuesday met private sector general insurance companies and discussed critical issues that have implications for the general insurance sector. The meeting with the General Insurance Council and leaders and CEOs of private sector general insurance companies discussed the concerns of the insurance industry.
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The U.S. Fed held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings and suggested a possible stall in the movement towards more balance in the economy. It also announced it will scale back the pace at which it is shrinking its balance sheet starting on June 1.
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📈 Amid mixed global cues, benchmark indices started on a flat note today. 📊 At 9:16 AM, the Sensex gained 150.34 points or 0.20% at 74,633.12 and the Nifty was up 50.10 points or 0.22% at 22,654.95. 📢 Indiamart Intermesh (⬆️4.15%), Cholamandalam Investment and Finance Company (⬆️3.73%) and Hindustan Petroleum (⬆️3.54%) appeared as the top performers on the Nifty50 at open.
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