With increasing demand for algo trading, the markets regulator has proposed reviewing the framework to strengthen the checks and balances in the system. While retail investors have been dabbling in algo, not many are aware of the complexities in this trading system dominated by institutional investors. In algo trading, pre-defined computer programs execute multiple trades
With the advent of social media and the race for page views, fake news has become increasingly prevalent. Every day, we come across dozens of social media posts and videos making fake claims to tarnish the image of someone or spreading blatant lies, such as false announcements about government schemes supposedly launched for the benefit
The benchmark indices fell 1.5% on Friday, marking their fifth consecutive day of decline in line with global peers and worst weekly loss since June 2022, as foreign investors shifted to safe-haven dollar assets. The Sensex lost 1,176.46 points or 1.49% to close at 78,041.59, while the NSE Nifty declined 364.20 points or 1.52% to
Tractor maker Carraro India’s IPO has opened. The company aims to raise over Rs 1800 crore and reiterated that it is in India for the longer term. The company highlighted that the demand scenario seems favourable for the tractor markets given improving market dynamics. Most analysts have suggested that the IPO is a subscribe for
Mirae Asset Mutual Fund has marked a significant milestone of crossing Rs 2 lakh crore in assets under management (AUM), thanks to a rapid growth in the past three years. With this, the fund house Mirae Asset Investment Managers (India) Pvt Ltd has cemented its position among the top 10 asset management companies in India
The Finance Ministry has stated that no timeline can be given for the introduction of comprehensive regulatory guidelines for Virtual Digital Assets (VDAs) in India. Responding to written questions from parliamentarians Appalanaidu Kalisett and Lavu Sri Krishna Devarayalu asked in the Rajya Sabha about the details of the timeline anticipated for the introduction of regulatory
Fixed deposits (FDs) have always been a preferred investment choice for senior citizens as they help them earn assured returns without affecting their investments owing to market fluctuations. Senior citizens also opt for FDs because they usually get higher interest rates than people below 60 years of age. Higher interest rates up to 0.50 per
Indian benchmark equity indices ended the week on a lower note (December 19), with indices ending in red The BSE Sensex closed the week at 78,041.59, down by 1176.46 points or 1.49 per cent, while the NSE Nifty ended at 23,587.50, shedding by 364.20 points or 1.52 per cent. The Nifty Bank index also ended
Chennai-based Aptus Value Housing Finance plans to grow its assets under management (AUM) by 30% annually over the next three years, a senior company official said. Talking to FE, P Balaji, MD, Aptus Value Housing Finance, said: “Our goal is to reach `25,000 crore in AUM by FY28, which requires us to grow 30% annually over the
India’s rapidly growing art mart, conservatively pegged at around Rs 4,000 crore annually, is attracting marquee legal firms, making it the latest sought-after vertical on India’s legal canvas. Law firms including Cyril Amarchand Mangaldas (CAM), Khaitan & Co, DSK Legal, Dentons Link Legal, Anand and Anand are already providing niche art law services while others
By V K Sharma The Nifty ended the week up 426 points, or 1.93%, at 22,552, marking its first weekly gain after three consecutive losses and the highest percentage gain since the week of December 6. The NSE SmallCap Index surged 5.47%, while the Nifty MicroCap Index jumped 6.71%. Two key highlights of last week’s
Capital expenditures by state governments likely fell 6% year over year in the first ten months of the current financial year despite the Centre’s acceleration of capex loans to them, indicating that the states’ own investments have slowed down. FE reviewed the finances of 18 big states and found that their capex in April-January of FY25
From April 1, 2025, all central government employees (except the armed forces) will get the option to choose from two pension schemes — the National Pension System (NPS) and the Unified Pension Scheme (UPS). The NPS, which was launched in January 2004, replaced the Old Pension Scheme (OPS), and covers all departments under the central
