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Regulatory action on F&O may help banks attract more deposits: SBI Chairman

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Regulatory action on F&O may help banks attract more deposits: SBI Chairman

SBI Chairman Dinesh Khara has recently suggested that discouraging retail participation in the Futures and Options (F&O) segment of the stock market could potentially help banks attract more deposits. This statement comes amidst concerns about the increasing involvement of retail investors in F&O trading, which is often considered to be a high-risk activity. F&O trading Read more: Regulatory action on F&O may help banks attract more deposits: SBI Chairman..

US unemployment rate rises to 4.3% , US job growth was slower than expectations in July 2024

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US unemployment rate rises to 4.3% , US job growth was slower than expectations in July 2024

The U.S. job growth in July 2024 was slower than expected, with nonfarm payrolls increasing by 114,000 jobs, below the forecasted 175,000. Additionally, the unemployment rate rose to 4.3%, its highest level since October 2021. These unexpected increases in unemployment and slower job growth have raised concerns about the overall health of the U.S. labor Read more: US unemployment rate rises to 4.3% , US job growth was slower than expectations in July 2024..

Stock Market decline today due to global market sell-off, amid weak global cues

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Stock Market decline today due to global market sell-off

The Indian stock market experienced a significant decline on Friday, August 2, 2024. The BSE Sensex fell by 885.6 points (1.08%) to close at 80,981.95, while the Nifty 50 dropped by 256.7 points (1.03%) to settle at 24,761. The Indian stock market faced a sell-off due to a sharp decline in global markets. The US Read more: Stock Market decline today due to global market sell-off, amid weak global cues..