Business

New Delhi: Market regulator Sebi is working on a mechanism for foreign portfolio investors (FPIs) to get their money on settlement day, which will bring overseas investors at par with other investors in the market. Speaking at the Global Fintech Fest, Sebi whole-time member Anant Narayan said the market regulator …

Mumbai: Prime Minister Narendra Modi has said that fintech has revolutionised financial services in the country by making it easier to access loans, credit cards, investments and insurance. Speaking at the Global Fintech Festival here, he said the fintech revolution has improved the quality of life of the people of …

Mumbai: The government has approved the supply of 2.3 lakh tonnes of rice grain to distilleries producing ethanol from Food Corporation of India (FCI) stocks. Sale of rice to distilleries was banned last year. A list said the government has allowed ethanol producers to participate in e-auctions under the open …

Gold and silver prices witnessed a slow decline today due to bullish trend in Mumbai Jewellery Market. Although gold prices rose in the afternoon after opening with a decline this morning, market prices remained lower today compared to the previous day. Meanwhile, news from world markets was encouraging. Globally, gold …

Petrol and diesel prices are announced daily. Since 2017, it has been happening that Indian oil companies update petrol and diesel prices every day at 6 am. But for the last 2 months, there has been no change in the prices of petrol and diesel at the national level. Fuel …

In the calendar year 2024, 154 stocks of the Small and Medium Enterprises (SME) sector were listed, which comprises 50 per cent of the stocks Which has shrunk after a good performance on the first day in the market. A continuous bearish trend has been seen in these stocks since …

With an aim to facilitate access to global capital for Indian start-ups and companies in emerging and technology sectors, the Centre has reduced the minimum mandatory public shareholding limit for companies registered with the International Financial Services Centre (IFSC) from 25 per cent to 10 per cent. Gujarat's GIFT City …

Since the presentation of the budget for the year 2024-25 on 23 July, the stocks of the defense sector have been witnessing a continuous decline. For instance, shares of Garden Reach Shipbuilders & Engineers have fallen 28.2 per cent since Budget Day, while Cochin Shipyard's share price has dropped 24.7 …

As the years go by, the ratio of Indian students studying abroad is increasing rapidly. This increase has also increased the geopolitical risk for Indian students studying abroad. Therefore, insurance companies are improving their plans and making them more diverse to suit the needs of Indian students studying abroad. According …

Mumbai: Local funds-local institutional investors and now foreign portfolio investors-FPIs as well as FIIs are buyers again in Indian stock markets and infrastructure projects in India are gaining momentum, bonus shares given by Reliance Industries to shareholders is a positive factor that helped funds hit index-based records yesterday. Funds today …