China has announced an economic growth target of approximately 5% for 2025, a figure consistent with its objectives over the past two years. However, meeting this goal may prove more challenging due to increasing global uncertainties, particularly higher tariffs imposed by the United States. The target, revealed during the opening session of China’s annual legislative …
In his first address to Congress after commencing his second term, United States President Donald Trump reiterated his strong stance on tariffs. He criticised what he described as “unfair” trade practices by several countries, particularly highlighting India and China for imposing high duties on American goods. Trump underscored that the U.S. has long been subjected …
The Bombay High Court has temporarily halted the registration of a First Information Report (FIR) against former Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and 5 others. This stay, which will remain in effect for at least 4 weeks, follows concerns over procedural lapses in the special court’s decision. Special Court’s …
The International Monetary Fund (IMF) has expressed concerns about financial stability risks in India arising from the substantial exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sectors. In its latest report, the IMF warns that vulnerabilities in these sectors could trigger systemic financial distress due to the interconnected nature of NBFCs, banks, …
Meir Commodities India Ltd has filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds via an initial public offering (IPO). The equity shares of Meir Commodities are expected to be listed on the NSE and BSE Limited. Meir Commodities India IPO Details As per the …
The capital market regulator, the Securities and Exchange Board of India (SEBI) released its annual accounts for 2023-24, whereby, the total income of the regulator surged by 48% YoY to ₹2,075 crore. The growth in total incomes was backed by higher earnings from fees and subscriptions. Out of the total income, SEBI earned ₹1,851.5 crore …
Indian metal stocks saw strong buying on March 5, driven by China’s decision to keep its 2025 growth target at 5%, the same as last year. Investors were also encouraged by China’s latest stimulus measures to support economic growth amid ongoing trade tensions with the U.S. This led to a surge in metal prices and …
India’s circular economy is set to generate a market value exceeding $2 trillion and create close to 10 million jobs by 2050. Speaking at the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, Union Minister for Environment, Forest & Climate Change, Shri Bhupender Yadav, described the circular economy as one of …
After nearly 3 weeks of continuous declines, the Indian stock market witnessed a strong rebound on Wednesday. The Nifty 50 opened slightly lower at 22,073 but quickly gained momentum, reaching an intraday high of 22,375 with a jump of over 250 points. Similarly, the BSE Sensex opened at 73,005 and climbed to 73,848, gaining nearly …
Bombay HC stays FIR order against ex-SEBI chief, 5 others Mumbai, March 4 (IANS) The Bombay High Court on Tuesday put a four-week hold on a special court’s order which had directed the Anti-Corruption Bureau (ACB) to file an FIR against former SEBI Chairperson Madhabi Puri Buch and five other officials. The special court had …
