Self-listing of bourses feasible, says NSE chief

MUMBAI: Self-listing by stock exchanges is feasible, but the decision remains under the purview of market regulator Sebi, NSE chairperson Srinivas Injeti said Friday. A day after the country’s largest bourse got listed on rival exchange BSE, Injeti pitched for self-listing, saying that things which are not permitted today may be allowed tomorrow amid evolving…

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Ties with US in ‘uneasy equilibrium’: CEA

Chief Economic Advisor V Anantha Nageswaran India’s relationship with the US is in an “uneasy equilibrium” as trade disputes between the partners persist, a senior govt official said. “There is this issue of unsettled relationship with the US, starting from the tariff-related issues last year, which are still continuing,” chief economic adviser V Anantha Nageswaran…

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Delhi couple repaid Rs 1.41 crore home loan, but the bank lost their original sale deed property papers; consumer commission orders Rs 15 lakh compensation plus Rs 50,000 costs

After the bank failed to return their original property papers, the couple approached the Banking Ombudsman. (Image for representative purpose only) You take a home loan and you repay it in full, but the bank loses the property papers. What do you do and what are your rights?A Delhi-based couple faced precisely this situation. After…

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Builder promised to pay stamp duty on Rs 1.6 crore plot, later called it a typo; MahaRERA orders him to pay charges plus interest for delayed possession to buyer

The builder claimed that the reference to it paying the stamp duty had been included by mistake. (Image for representative purpose only) You sign an allotment letter for a property which indicates that the stamp duty and registration costs will be borne by the builder. But, at the time of the sale agreement he backtracks….

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‘No such commitment’: Finance ministry denies agreeing to 5-day bank week ahead of strike, says report

The proposed five-day work week would increase working hours from Monday to Friday by 40 minutes to compensate for the additional day off. The Finance Ministry has reportedly dismissed claims that it had agreed to the implementation of a five-day work week for banks, saying there was no such commitment from the ministry.The clarification comes…

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India loses 6.2 million LPG customers in months, connections drop from 333.9 million to 327.7 million, reversing a decade of growth as Iran war squeezes Gulf supplies and oil firms halt new connections

Oil ministry data showed that active domestic LPG customers stood at 327.7 million at the beginning of September. The US-Iran war has hit LPG imports and as a result India’s domestic LPG customer base has declined for the first time in more than a decade. Around 6.2 million households have dropped off between April and…

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