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Asia Index Private, a subsidiary of BSE, has launched five new indices to capture the performance of Indian companies ranging from large cap to micro-cap. These indices include BSE 1000, BSE NEXT 500, BSE 250 MICROCAP, BSE Next 250 MICROCAP, and BSE 1000 MULTICAP EQUAL SIZE WEIGHTED (25%), aiming to provide a comprehensive coverage of India's equity market.
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The US President cites rising costs as the reason for discontinuing production of the one cent coin
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RBIs 25-bps rate cut, its first in five years, pressures private banks' NIMs while public banks remain stable. NBFCs may see funding relief, but liquidity challenges persist. Analysts predict a shallow rate-cut cycle with regulatory shifts benefiting financial institutions.
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