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NEWS
NSE to assess Linde India’s related-party transactions
Tue, Apr 30, 2024     Source : Economic Times
The Securities and Exchange Board of India(Sebi) Monday directed NSE to appoint a valuer to carry out the valuation of related party transactions entered into between Linde India and Praxair India, followi...
NEWS
Sebi asks AIFs to report PPM changes directly to streamline compliance cost
Tue, Apr 30, 2024     Source : Economic Times
To facilitate ease of doing business, Sebi on Monday said certain changes in the private placement memorandum of alternative investment funds can be submitted directly to the regulator rather than through ...
NEWS
PMS providers need to start disclosing historical NAV of their strategies
Tue, Apr 30, 2024     Source : Mint
If you want the return data to reveal all its secrets, you will need to undertake a factor-based analysis for which historical NAV is needed
NEWS
EC yet to give final polling data for 2 phases, days after voting
Tue, Apr 30, 2024     Source : Business Line
Neither website nor app has data on number of voters in each LS seat
NEWS
Services exports may rise to $800 bn by 2030: Goldman Sachs report
Tue, Apr 30, 2024     Source : Economic Times
India's services exports will increase to $800 billion by 2030 from $340 billion in 2023, making the external sector resilient to supply-side shocks and reducing rupee volatility, Goldman Sachs said in a r...
NEWS
BSE shares plunge 18%, most since listing, on regulatory fee issue
Tue, Apr 30, 2024     Source : Financial Express
On Monday, shares of the Bombay Stock Exchange (BSE) plummeted by a substantial 18%, marking the largest single-day decline since its listing in 2017.
NEWS
Uttarakhand suspends licences of 14 products of Ramdev's pharma firms
Tue, Apr 30, 2024     Source : Business Standard
SC had recently criticised Ramdev for not complying with its directives in an ongoing lawsuit to stop misleading advertisements of some of his traditional ayurvedic medicines
NEWS
RBI directs lenders to review their lending practices in line with fair practice code
Tue, Apr 30, 2024     Source : Economic Times
The Reserve Bank of India (RBI) on Monday directed regulated entities to review their lending practices in line with fair practice code after it found that some lenders are resorting to certain unfair prac...
NEWS
UPI credit line: NPCI may go easy on interchange fee for transactions
Tue, Apr 30, 2024     Source : Business Standard
Could be kept at 1-1.2% in a bid to push adoption
NEWS
Foreign banks seek leeway on LEF rules for Nostro accounts
Tue, Apr 30, 2024     Source : Economic Times
At a time when overseas capital flows have been firm, foreign lenders have requested the banking regulator for flexibility in compliance with the central bank's Large Exposures Framework (LEF), particularl...
NEWS
Markets rebound sharply on buying in bank stocks, firm global trends
Tue, Apr 30, 2024     Source : Business Line
Sensex jumps 941 pts, Nifty settles above 22,600
NEWS
FPIs selling in equities continue unabated in April, withdrawing Rs.6,300 crore till April 26
Mon, Apr 29, 2024     Source : Business Line
Outflows triggered over tax treaty, US Bond yield worries; FPIs net sellers this month on debt side too
NEWS
Govt says 448 infra projects hit by cost overrun of Rs 5.55 lakh cr in Oct-Dec
Mon, Apr 29, 2024     Source : Economic Times
As many as 448 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by cost overrun of more than Rs 5.55 lakh crore during December quarter 2023, an official report stat...
NEWS
Monetary policy expectations impact stocks more than rate moves: RBI paper
Mon, Apr 29, 2024     Source : Economic Times
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis.
NEWS
Capital cover drive: India's $100 billion knock evens score with China
Mon, Apr 29, 2024     Source : Business Standard
Its capitalisation leapfrog surpasses South Korea and Taiwan, establishing dominance in EM pitch
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