Business

The next budget of the central government is set to bring a radical change in the customs duty structure. Notably, a list of sectors has been obtained where manufacturing competitiveness is affected due to inverted duty structure. The government has started taking action to address this problem of the industries. …

The Securities Exchange Board of India (Sebi) said, Draft Red Herring Prospectus (DRHP), Red Herring Prospectus (RHP) and Price Band Advertisement Disclosures for Main Board Public Issues should be in audio visual (AV) format for ease of understanding. The circular said that the audio visual content should also carry an …

SEBI has proposed measures to facilitate environmental, social and governance (ESG) disclosures by listed companies and their value chain partners. SEBI has proposed to make the disclosures voluntary for the first year instead of making them a requirement for value chain partners to follow or explain. The new proposal aims …

3 hours ago Business New Delhi: Jeep has introduced a new version of the Avenger in the global market. It is called the Avenger 4xe and combines a petrol internal combustion engine with electric motors for an all-wheel drive system. This SUV was …

Stock Market Fraud: Due to the earnings from the stock market, the number of people investing in the stock market is constantly increasing. Along with this, fraudsters have also become active. Recently, there has been a tremendous increase in stock market fraud cases in IT hub Bangalore. In the last …

Wealth Tax: The demand for wealth tax is once again rising amidst the ongoing Lok Sabha elections in the country. In view of the economic inequality i.e. the growing gap between the rich and the poor, there has been a demand for a separate tax on the rich for a …

SEBI's new norms for derivatives: SEBI has reduced the phased delivery period in the commodity derivatives segment. The new rule will come into effect from July 1, 2024. This information has been given in the circular issued by SEBI. Ordered delivery period reduced to 3 days A circular has been …

New Delhi: Due to severe heat in most parts of the country, the maximum demand for electricity reached 235.06 GW last Wednesday. Which is the highest demand so far this season. According to industry experts, the main reason for the increase in power demand is extreme heat. As the temperature …

Mumbai: India's foreign exchange reserves rose by $4.54 billion to an all-time high of $648.70 billion in the week ended May 17. According to data from the Reserve Bank of India (RBI), the reserves had increased by $2.56 billion in the week ending May 10. The foreign exchange reserves have …

Mumbai: Prime Minister Rishi Sunak's sudden announcement of early elections in the United Kingdom (UK) after the Lok Sabha elections in India has increased the possibility of delaying the free trade agreement (FTA) between India and Britain again. Elections have been announced in Britain on 4 July. The FTA with …