Finance Minister Nirmala Sitharaman on Tuesday said that the government will consider a review of the 28 per cent Goods and Services Tax (GST) levied on cement.
Posts in category Business Standard
Gold prices rise Rs 110 to Rs 57,550; silver prices surge by Rs 100 (08-02-2023)
The price of ten grams of 22-carat gold in Delhi, Bengaluru and Chennai is Rs 52,900, Rs 52,800, and Rs 53,730, respectively
Traders can adopt sell-on-rise strategy for FMCG, auto shares: Ravi Nathani (08-02-2023)
According to the technical analyst, he recommends traders to adopt sell side position for Nifty Metal index or wait for bearish correction to culminate before commencing accumulation at support levels
MARKET LIVE: Positive start on cards ahead of RBI policy outcome (08-02-2023)
Stock market live updates: As of 7:40 am, the SGX Nifty hovered around 17,800 levels, up over 50-odd points
Here’s why Vinay Rajani is bullish on Dr Reddy’s, Oracle Financial Services (08-02-2023)
As per the technical analyst, the Budget session high of 17,973 and low of 17,353 have become crucial levels to watch out for any directional move in the Nifty index
Stocks to Watch: Bharti Airtel, Hero Moto, Adani Green, Ambuja Cement, NDTV (08-02-2023)
Stocks to Watch: Airtel reported a 91.5 per cent year-on-year rise in consolidated net profit; Adani Green Energy’s consolidated net profit more than doubled to Rs 103 crore in Q3
3 more weeks to online bond platforms to register as stock brokers: Sebi (07-02-2023)
Capital markets regulator Sebi on Tuesday extended the timeline by three weeks for entities, operating as online bond platform providers, to make an application for registration as stock brokers.
The extension has been given keeping in view the technical difficulties faced by these entities, the Securities and Exchange Board of India (Sebi) said in a circular.
“It has been decided to grant an additional time period of three weeks commencing from February 9, 2023 (the end of three months from November 9, 2022) for making an application to obtain a certificate of registration as a stock broker under the Sebi (stock brokers) regulations,” the markets watchdog said.
Accordingly, the application for registration by online bond platform providers (OBPPs) as stock brokers would be made by March 1, 2023.
Under the regulatory framework issued in November, Online Bond Platform Providers (OBPPs) should be companies incorporated in India and they should register themselves as stock brokers in
Sebi moots institutional mechanism for stock brokers to curb market abuse (07-02-2023)
Markets regulator Sebi on Tuesday proposed an institutional mechanism that will require stock brokers to put in place systems for detection and prevention of market abuse.
Currently, there are no specific regulatory provisions that cast responsibility on brokers to have a system to prevent market abuse.
In a consultation paper, Sebi has proposed a regulatory framework which will require broking firms as well as their senior management to be accountable for detection and prevention of fraud or market abuse, by setting up robust surveillance and control systems.
In addition, the regulator has suggested that brokers should have appropriate escalation and reporting mechanisms.
Sebi has also listed out probable instances of fraud or market abuse which a broker’s system should be equipped to monitor. The probable instances can include creation of misleading appearance of trading, price manipulation, front running, insider trading and mis-selling.
Unauthorised trading, including facilita
Sebi to put onus of detecting price rigging, insider trading on brokers (07-02-2023)
Asks brokers to maintain whistleblower policy, furnish action-taken report upon spotting fraud; top management to be held accountable for non-compliance
Cryptoverse: Are bitcoin, ether out of the woods? Consider the options (07-02-2023)
Volume of bitcoin options traded on Deribit, an exchange for crypto-focused derivatives products, jumped 82% in Jan versus Dec, as per crypto market maker OrBit Markets while Ether options swelled 38%