News Overview

Broadly, there are 3 levels of changes that we can decipher from the March 2024 projections of US macros compared to the December 2023 macros. GDP growth is being projected higher, unemployment is being projected lower and core PCE inflation is likely to be the pressure point in CY2024. However, the longer term projections are largely unchanged in the March 2024 update.

The lessors sought deregistration of three Boeing 737-800s due to outstanding payment issues. The DGCA deregistered the planes with the call letters VT-MXJ, MXF, and SZJ.

Previously, for Quant Mutual Fund, the minimum redemption amount stood at ₹1,000 or the account balance, whichever was less.

Strong retail gold buying activity is observed in key markets like China and Turkey, accentuating the upward trend in gold prices.

Post Fed policy, the markets are still betting on first rate cut in June 2024.

Rowland currently serves as the Managing Partner of Capco's UK and Ireland business and is part of Capco's Global Leadership Team. Her tenure as CEO of Capco is set to commence from April 1, 2024.

In the broader market, the BSE SmallCap index witnessed a robust surge of 1.75%, while the BSE MidCap index also experienced a substantial uptick, rising by 1.60%.

The Supreme Court directed Patanjali Ayurved and its managing director Acharya Balakrishna to personally appear before it regarding the contempt notice and misleading advertisements about medicinal cures.

RBI's guidelines restrict Paytm Payments Bank FASTag users from recharging their accounts after March 15, 2024, but they can use the existing balance for toll payments.

Securities and Exchange Board of India (Sebi) suggests AV presentations start with a disclaimer, advising investors not to rely on content from finfluencers.