The Securities and Exchange Board of India (SEBI) may relax regulations for alternative investment funds (AIF) as recent regulatory measures have reassured the watchdog about reduced circumvention practices, a senior SEBI official said. Speaking at the CII AIF Summit, SEBI whole-time-member Ananth Narayan said, “Now that we have these checks and balances in place, I
The markets have been trading in range for most part of the week. The Nifty and the Sensex closed around 1.3 percent lower ach. The Sensex ended the day in deep red, plunging by 1.30 per cent or 1064.12 points to close at 80,684.45. The Nifty too mirrored the move and closed at 24,336.00, a
The domestic gold jewellery consumption (in value terms) is expected to continue its momentum in the current fiscal with an estimated growth of 14-18 per cent YoY, stated a report by ICRA. This follows the sharp growth of around 18 per cent in FY2024, which was primarily driven by realisations even as volume growth was
As the holiday season approaches, Visa’s 2024 Holiday Threats Report anticipates that scammers will use various methods to steal cardholder information and money from unsuspecting consumers due to increased E-commerce and in-person shopping. To protect shoppers from emerging threats, Visa shares essential tips that will help them enjoy a worry-free holiday shopping experience. 1. Watch
The US-China trade war, triggered by Donald Trump’s tariffs on Chinese goods, has reshaped the global trade landscape. While these tariffs aimed at curbing China’s economic dominance, they have inadvertently opened up opportunities for other nations, particularly India, to step into the void and strengthen their roles in global supply chains. India’s Strategic Advantage As
As December draws to a close and 2025 is just around the corner, the IPO market continues to buzz with activity. A action-packed week for investors, several IPOs are scheduled to hit the market this week. Among these key highlights is Carraro India, a player in automotive and agricultural machinery. The Carraro India IPO will
Indian equity markets are under pressure on the back of expected FII selling. Analysts believe that the FIIs are winding up their positions in the market due to year-end and are not willing to carry those positions even in the cash markets. The Nifty 50 dropped 300 pints or 1.2% to 24,323.60 from the day’s
Identical Brains Studios, a player in the world of visual effects (VFX) is set to open its IPO tomorrow, December 18 on the NSE SME platform. Here is everything you need to know about the upcoming IPO from price band to listing data. IPO details The Identical Brains Studios IPO is a book-built issue, offering
Indian stock markets are likely to open on a weak note on March 7, with GIFT Nifty indicating a negative start. On March 6, the benchmark indices ended on a high note, extending their winning streak. The Sensex soared 610 points or 0.83% to close at 74,340, while the Nifty climbed 207 points or 0.93%
US President Donald Trump signed an order to create a strategic bitcoin reserve on Thursday, ahead of his meeting with leaders from cryptocurrency industry at the White House crypto summit on Friday. The reserve will be funded with bitcoin that the federal government has taken from criminals or civil asset cases. The news was shared
The stock market is buzzing with action today! Big contract wins, high-value investments, and major partnerships are driving interest across key sectors. From railways and real estate to IT and biotech, here are the top stocks making headlines. Market Recap Indian stock markets wrapped up March 6 on a high note, with strong gains across
The Institute of Chartered Accountants of India, the apex body for chartered accountants, has given its recommendations to the Lok Sabha select committee, which is examining the income tax Bill, 2025. The ICAI’s recommendations include cutting down the number of sections and simplifying the language in the proposed legislation. The ICAI council members have also
The Delhi High Court has ruled in favour of the government in a gas migration dispute between ONGC and a Reliance Industries-led consortium. The ruling could impact India’s oil and gas sector and influence future contractual obligations for shared reservoirs, explains Arunima Bharadwaj ALSO READBritannia CEO Rajneet Singh Kohli resigns, stock dips 0.6% post announcement