Market regulator Sebi on Friday approved a raft of proposals, including the reintroduction of open market share buybacks through stock exchanges, relaxation of intra-day borrowing norms for mutual funds and a faster fundraising mechanism for alternative investment funds (AIFs), PTI reported.The decisions were taken at the regulator’s board meeting, which also cleared measures to simplify…
Experts warn against panic selling, emphasizing the need to maintain investment discipline. (AI image) The US-Iran war has not just hit portfolios of Indian investors, it has also led to record outflows, and fewer inflows in equities. One big sign of the impact of the ongoing uncertainty has been a jarring figure from May 2026…
Private sector banks led a broad-based deterioration in data reporting quality in the March 2026 quarter, as the latest round of the Supervisory Data Quality Index (sDQI) showed a marked decline in their scores compared with the previous quarter.The sDQI, a quarterly metric compiled by the Reserve Bank of India, tracks the quality of regulatory…
India has launched an anti-dumping investigation into imports of Resorcinol, a key chemical used in tyres, rubber products and industrial applications, from China and Japan following allegations that low-priced shipments are hurting domestic manufacturers, PTI reported.The probe was initiated by the Directorate General of Trade Remedies (DGTR) after a complaint filed by Atul Ltd, which…
Addressing the media on the sidelines of the G7 Summit in Evian, Misri described trade, technology and regional and international security as the key pillars of discussions between the India and UK. The India-UK free trade agreement will deepen ties far beyond trade and technology, creating new opportunities for businesses and people in both countries,…
Andhra Pradesh is set to become India’s leading gold supplier, with significant reserves identified in Kurnool district. Jonnagiri village alone is estimated to hold 50 tonnes of gold. Commercial production has commenced, and further exploration is expected to boost reserves. The state aims to leverage private investment for this substantial mining endeavor. Source link
Reliance Jio IPO announced (AI image) Jio Platforms IPO announced: Reliance Industries’ chairman Mukesh Ambani on Friday announced that the board of Jio Platforms has approved the draft red herring prospectus (DRHP) of its Initial Public offering (IPO), which will be filed with SEBI. The announcement was made at RIL’s 49th Annual General Meeting (AGM)….
After a steep decline, gold has started forming higher lows on the 15-minute timeframe. (AI image) Gold price prediction today: Gold prices are showing some signs of recovery, and Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dips strategy:Gold August futures on MCX are witnessing signs of stabilization…
After months of watching fuel prices climb, US drivers are getting a small break at the pump. The national average price of regular gasoline dipped below $4 a gallon on Thursday, a level not seen since the early weeks of the war, as easing oil prices brought some welcome relief.According to AAA, the national average…
The decline was led majorly by IT sector stocks crashing. (AI image) Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, snapped their five day winning streak to tank in trade on Friday. The decline was led majorly by IT sector stocks crashing. Weak global sentiment, aggressive selling in technology stocks and other market…
