Nafi Mohammad
One more Software Developer
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Computer Science | Reading | Comedy | Business | Sports | Write | Ideas | Technology | Cricket Follow my reading list Read to Relax (Helps to clear Verbal sections of MBA entrance ) if you are an IIM a…
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Important bits and bytes of the investing world on the day of 8th, March 2024. 1. ECB, European central bank kept the interest rates unchanged as expected. The bank is acknowledged that inflation is easing faster than once thought which opens up opportunities to cut the interest rates this year. 2. Adani gr…
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Top bits and bytes of the day in the investing world - 6th March, 2024 1. Purchasing Managers Index slid to 60.6, from 61.8 in January. Services charge growth slowest in last 24 months. Services has 53% share in calculating GVA . 2. A day after IIFL gold loans ban, RBI cracked a while on JM financial and as…
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Top bits and bytes for the day in the investing world - 5th March, 2024 1. IIFL faces a ban on providing gold loans as ordered by RBI. Stock down close to 20% in a day. Gold loans for IIFL has been strong, rising AUM by 35% to ~25k crores. Gold loan portfolio accounts for 32% of the company’s total AUM. 2.…
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