Posts in category Business Standard
Benchmark equity indices fall for second day amid selloff in auto stocks (20-11-2023)
Bharti Airtel, Wipro, HCLTech, Tech Mahindra, Tata Consultancy Services and Maruti were among the gainers
TRQ holders in India-UAE pact can import gold via IIBX bullion exchange (20-11-2023)
Indian jewellers having a valid license to import a specified quantity of gold at concessional customs duty from the UAE, under the free trade agreement, can import it through bullion exchange IIBX, according to a government notification.
The Directorate General of Foreign Trade (DGFT) notification also said that those companies can obtain the physical delivery of the consignment through IFSCA (International Financial Services Centres Authority) registered vaults located in special economic zones, as per the authority's guidelines.
The India-UAE free trade agreement, which came into force in May 2022, provides one per cent duty concessions to domestic importers on a specified quantity of gold under TRQ (tariff rate quota) provisions of the pact.
The DGFT provides TRQ certificate to companies for imports and they are also notified by IFSCA.
"Valid India UAE TRQ holders as notified by IFSCA can import gold through IIBX against the TRQ and can obtain physical delivery of the same thro
SAT expects rigorous probe, very difficult to catch finfluencers: Sebi WTM (20-11-2023)
It is "very difficult" to catch financial influencers as the Securities Appellate Tribunal (SAT) expects rigorous investigation, Sebi's whole-time member Ashwani Bhatia said on Monday.
Sebi orders can be challenged before the tribunal.
Bhatia said the capital markets regulator has done one case of a financial influencer since coming out with the guidelines earlier this year and termed it as a "very, very big achievement".
"It is very difficult to catch financial influencers. The fact that we have done one case is a very, very big achievement because the rigour of investigation that SAT expects out of us is like a proper legal matter," Bhatia said while addressing an event here.
He said Sebi has to get an influencer's telephone and cellular details, which takes a lot of time, and added that they also keep changing their locations.
The career banker-turned-securities market regulator said at Rs 17,000 crore per month achieved in October, the systematic investment plans (SIPs) have .
Rupee hits fresh closing low at 83.35/$ despite dollar index dip (20-11-2023)
The 10-year benchmark yield settled at 7.22 per cent on Friday
Mankind Pharma surges 5%, Flair Writing sets price band of Rs 288-304 (20-11-2023)
Besides Flair, the company's products are sold under brands such as Hauser, Pierre Cardin and Zoox
The real power of the stock market lies in the long-term view: Sebi chair (20-11-2023)
Madhabi Puri Buch says 'odds against winning' in short-term
Confused, surprised at investor interest in F&Os, says Sebi chief (20-11-2023)
Sebi chairperson Madhabi Puri Buch on Monday said she is "confused and surprised" at investor interest in Futures and Options (F&O) despite 90 per cent of individuals losing money in the segment.
Buch said there is a need for investors to look at the long term and added that chances of making inflation-beating returns are much brighter through this strategy.
Speaking during the launch of the Investor Risk Reduction Access (IRRA) platform at Asia's oldest stock bourse BSE here, Buch pointed to a recent research by the capital markets regulator which pointed out that only 11 per cent of the 45.24 lakh individual traders in the F&O segment made profit.
As per the research, there was an exponential increase in the F&O segment participation during the pandemic, with the total number of unique individual traders increasing by over 500 per cent from the 7.1 lakh in FY19.
"I must admit, I am always a little confused and surprised as to why people continue to do that (bet in ...
Tata Investment extends rally on huge volumes; stock up 41% in two days (20-11-2023)
A combined 4.35 million equity shares representing 8.6 per cent of total equity of TICL had changed hands on the NSE and BSE till 02:14 PM.
Tata Technologies IPO: Check price band, bidding period, and other details (20-11-2023)
The Tata Technologies Ltd IPO includes a reserved 10 per cent quota for Tata Motors shareholders
Newgen Software locks at 5% upper limit, hits new high on bonus issue plan (20-11-2023)
Around 19,000 equity shares have changed hands and there are pending buy orders for nearly 30,000 shares on the NSE and BSE, the data shows