The Securities and Exchange Board of India (SEBI) has put forward a proposal to raise the threshold for Basic Service Demat Accounts (BSDA) from the current Rs.2 lakh to Rs.10 lakh. This move is focused on increasing retail investor participation in the securities market. Introduced in 2012, the BSDA was designed to ease the burden …
SEBI or the Securities and Exchange Board of India is a regulatory body of the securities and commodities market in India. It is administered under the Ministry of Finance within the Government of India. SEBI’s main functions include the protection of the interests of investors in securities and the regulation of securities market and market …
In a decisive move to curb market manipulation, the Securities and Exchange Board of India (SEBI) has banned five entities from participating in the securities market for three years. Additionally, SEBI has levied a total penalty of Rs.50 lakh on these entities for their involvement in fraudulent trading activities. Entities Involved The penalized entities include …
The Reserve Bank of India in its annual report has said that there is an increase of 300% and 708% in Bank frauds and digital fraud respectively over the past two years. The report comes a month after the Centre held deliberations with fintech startups and law enforcement agencies to address challenges related to digital …
May 31, 2024, marks the last trading session of the month, and the MSCI index rebalancing will come into effect following the market close on this day. The MSCI announced its latest index review, which will be implemented on May 31, 2024. These reviews, reflecting changes in the market value of constituent stocks often lead …
In a rollercoaster of a day for Infosys, the stock opened with a thunderous gap-down on Friday, leaving investors jittery. But what followed was nothing short of remarkable. Infosys, like a phoenix rising from the ashes, fought its way back from the abyss, clawing its way to an intraday high of Rs 1438. It defied …
At a time when Sensex and Nifty are running crazy, are you too going nuts over your portfolio like most other retail investors? Yes, we can see it in your expression. Well, if you do not want to be left alone with a bunch of non-performing stocks in times ahead, read on to know how …
The fourth quarter earnings season in India is well underway and will be watched keenly by analysts and investors alike, as corporate earnings make a huge impact on equity markets. Earnings expectations can affect stock valuations and returns too. Earnings of some sectors are likely to be impacted by lockdowns across the states amid rising …
Seven of the top-10 companies in the Indian markets gained in market valuation last week. Reliance Industries led the group of top valued blue-chip companies. Among the gainers were the State Bank of India, HDFC Bank, HDFC, ICICI Bank, Bajaj Finance, and Infosys. With over Rs. 1.35 lakh crore addition in the market capitalization of …
The Reserve Bank of India (RBI) has announced plans to expand the Unified Payments Interface (UPI) to 20 countries by FY29. This ambitious initiative is part of the RBI’s broader goal to expand India’s digital payment footprint, creating a global impact by leveraging UPI’s success. Global Digital Payment Solution UPI, developed by the National Payments …
