Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. Money market account rates have fallen due to the Federal Reserve's recent rate cuts, but some accounts still offer up to 5% APY, and it's essential to compare rates to earn the most on your balance.
Open FlipThe blacklisting of two firms due to incomplete housing projects will cost Ahmedabad Municipal Corporation (AMC) Rs 45.94 crore more to engage a new contractor to finish the pending work. The Housing Improvement and Urban Poor Housing Scheme Committee endorsed two proposals on Friday that will cost the AMC Rs 45.94 crore.
Open FlipIn 2024, fundraising through IPOs in India hit a record high of Rs 1.6 lakh crore. This milestone was fueled by robust economic growth, favorable market conditions, and enhancements in the regulatory framework. The year saw diverse companies, ranging from large to small market caps, tapping into the IPO route, with the average issue size increasing from Rs 867 crore in 2023 to over Rs 1,700 crore.
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