Mumbai: Sebi chairperson Madhabi Puri Buch on Thursday said the capital markets regulator has anecdotal evidence of people borrowing money to place speculative bets in the derivatives segment and rued that household savings are going into such risky bets. Making it clear that it is “not a good thing”, Buch said people are borrowing money…
Mumbai: Benchmark indices surged on Thursday, with the Sensex breaking the historic 79,000-mark and the Nifty reaching the 24,000-level for the first time ever, driven by strong buying in blue-chip stocks. The 30-share BSE Sensex soared 512.68 points, reaching a new lifetime peak of 79,186.93 after an initial dip in early trade, buoyed by significant buying…
New Delhi: AIMIM MP Asaduddin Owaisi said on Wednesday that the ruing BJP will not be able to “steam roll” the opposition as the character of the House has changed in new Lok Sabha. Congratulating Om Birla on being elected Speaker for the second term, he said the smaller parties should be heard in the…
Thiruvanthapuram: The Opposition staged a walkout in protest against the state government’s failure to address the price hike. Food and Civil Supplies Minister G. R. Anil maintained that inflation is a national issue and stated that market intervention could help reduce it. He was responding to the adjournment motion raised by Congress legislator Roji M….
Mumbai: Amid a debate over the possible disenchantment among agriculturists because of the policy focus on arresting price rise, RBI Governor Shaktikanta Das on Tuesday said lower inflation is also beneficial to the farmers. Policymakers always grapple with the dilemma of balancing out between multiple objectives, and keeping the agricultural produce prices low to serve the…
Mumbai: Benchmark Sensex breached the historic 78,000 level for the first time while Nifty settled at a new record high on Tuesday on buying in blue-chip bank stocks and Reliance Industries amid firm trends in Asian markets. The 30-share BSE Sensex jumped 712.44 points or 0.92 per cent to settle at a new closing peak…
New Delhi: Exit polls is a loss-making business and the only profit a pollster earns is visibility, Axis My India chief Pradeep Gupta has said. Gupta was considered to be the poster boy of exit polls till June 4, when the Lok Sabha poll results dealt a hammer blow to the reputation of pollsters after…
New Delhi: The 53rd GST Council, which met on Saturday which was chaired by the Finance Minister has announced various recommendations relating to taxation, ITC claims and demand notices. Services provided by Indian Railways like platform tickets exempted from GST. GST Council recommended a uniform rate of 12% on all milk cans. Waiver of interest…
Srinagar: Prime Minister Narendra Modi on Friday said the world sees yoga as a powerful agent for global good as it helps people live in the present without carrying the baggage of the past. Addressing a gathering at the 10th International Yoga Day event at the SKICC here, the prime minister said yoga has helped…
New Delhi: Adani group will invest more than USD 100 billion (around Rs 8.34 lakh crore) in energy transition projects and manufacturing capability to produce every major component required for green energy generation, its chairman said on Wednesday. Besides building solar parks to produce electricity from sunlight and wind farms that do the same from…
