The BSE has noted that it has the preparedness in terms of technology to bring in electronic gold receipts (EGR). The introduction of electronic gold receipts is expected to create a standardised pricing structure of the precious metal. The BSE will reportedly seek the approvals required for the introduction of the EGR from capital markets regulator SEBI, ahead …
The benchmark indices, Sensex and Nifty, have been experiencing choppiness in the recent past. Even though the markets opened on November 25, Thursday, on a weaker note, the BSE Sensex managed to close 0.78 per cent points higher at a little over 58,795 points while the Nifty50 closed at a little over 17,546.10 points, up over …
Yes Bank’s announcement earlier this month of a record loss of over Rs. 18, 500 in the quarter ending on 31 December, 2020, resulted in the bank being placed under moratorium by the Reserve Bank of India. During this time, the bank suspended a lot of its activities and depositors were not allowed to withdraw …
SEBI has decided that it will relax some of the restrictions it had imposed to curb market volatility that ensued with the outbreak of COVID in India in March. India’s COVID-19 cases started to climb in March, caused the government to place nationwide lockdown with hope to break the chain. It spiked widespread market speculation …
Recently there are a lot of discussions going on regarding the new margin pledge rules drafted by SEBI. In today’s blog, we are going to discuss the new development and how it’s going to impact your trading strategy. The market watchdog has lately introduced a spate of reforms to safeguard the interests of the investors. …
Vedanta declared in an exchange filing that its process to delist from the bourses failed as it couldn’t meet the required threshold for successful delisting under section 17(1)(a) of Delisting Regulation. Only 1,25,47,16,610 equity shares validly tendered during offer sale drive, which is less than the required number set by the market regulator. Vedanta said …
Uttar Pradesh is the most populous state of India – if UP lags behind in any socio-economic indicator, India cannot fare too well in that indicator either. Therefore, it is imperative that there is adequate capital coming in to both give assistance to the UP economy as well as to enable establishment of enterprises and …
Live Update: During the live updates of the Reserve Bank of India’s monetary policy for 2023, the governor, Shaktikanta Das, gave a speech in which he stated that although inflation is predicted to decrease in the next fiscal year, it may still exceed the target of 4%. He also indicated that additional monetary policy measures …
Aptus Value Housing Finance has received the capital market regulator’s go-ahead to float its initial public offering. The Chennai-based financial services provider had filed preliminary papers with SEBI in May to raise funds via public issue. As per its DRHP, the company’s IPO will comprise a fresh issue worth Rs. 500 crores and an offer …
The Reserve Bank of India (RBI) is looking at introducing digital currency, called the Central Bank Digital Currency (CBDC) in a phased manner, as per a recent statement from the RBI’s deputy governor. Reports suggest that there is a possibility of testing a digital currency as part of a pilot programme in the near future. …
