In an ambitious stride toward bolstering the nation's digital financial architecture, Union Finance Minister Nirmala Sitharaman has highlighted the monumental significance of the Reserve Bank of India's (RBI) newly established data centre. As India cements its global leadership in real-time digital transactions, this state-of-the-art facility is engineered to provide an impenetrable layer of opera...

RBI data centre to strengthen payment systems, cyber resilience — Latest developments in the financial news sector highlight key shifts reported by et-banking-finance. Overview and Key Highlights The Reserve Bank of India inaugurated a new sovereign data centre to enhance the resilience of financial services and reduce reliance on third-party cloud providers. Prime Minister Narendra Modi also i...

The benchmark indices rebounded sharply on October 9, with the Nifty 50 rising 1.3 percent amid positive market breadth. Around 1,978 stocks advanced, compared with 1,267 that declined on the NSE. The market may extend its uptrend with moderate gains, although consolidation and range-bound trading could persist. Here are some short-term trading ideas to consider:Jatin Gedia, Technical Research Ana...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, and order wins, here’s a quick look at which stocks will be in focus in today's trade:Results TodayL&T Technology Services, Tata Elxsi, A2Z Infra Engineering, Anand Rathi Share and Stock Brokers, Aditya Birla Money, Dhampur Bio Organics, Den Networks, Jindal Saw...

Persistent Systems shares tumbled nearly 10 percent on June 29 after the IT services company announced plans to acquire German digital engineering firm Nagarro SE in a Euro 1.4 billion deal. Brokerages offered sharply divergent views on the transaction, ranging from very bullish to bearish.The stock fell as much as 9.8 percent to Rs 4,365.5, extending early morning losses, and emerging as the top ...