Sebi forms Building Advisory Committee to advise on premises related matters

Sebi forms Building Advisory Committee to advise on premises related matters

Friday, 17 June 2022 | PTI | New Delhi

Capital markets regulator Sebi has formed a Building Advisory Committee, which will advise and assist it in all the premises related matters such as planning, acquisition and furnishing.  The seven-member committee will be headed by B K Katyal, former Chief General Manager at Reserve Bank of India (RBI), a latest update...

NFTs, crypto are '100% based on greater fool theory': Bill Gates

NFTs, crypto are '100% based on greater fool theory': Bill Gates

Thursday, 16 June 2022 | IANS | San Francisco

Tech billionaire Bill Gates has said that he holds no position in cryptocurrencies or non-fungible tokens (NFTs), as they are "100 per cent based on greater fool theory". The theory is a financial concept that even overpriced assets can make money as long as you find a bigger idiot to sell...

Markets bounce back after 4-day decline; Sensex jumps over 600 points in early trade

Markets bounce back after 4-day decline; Sensex jumps over 600 points in early trade

Thursday, 16 June 2022 | PTI | Mumbai

Benchmark indices rebounded on Thursday after a four-day decline, with the Sensex rallying over 600 points in early trade, tracking firm global trends and buying in index major Reliance Industries. The BSE benchmark was trading with a jump of 601.11 points at 53,142.50. The Nifty rallied 171 points to 15,863.15. From the...

India jumps to 37th rank on World Competitiveness Index

India jumps to 37th rank on World Competitiveness Index

Thursday, 16 June 2022 | PTI | New Delhi

India has witnessed the sharpest rise among the Asian economies, with a six-position jump from 43rd to 37th rank on the annual World Competitiveness Index compiled by the Institute for Management Development, largely due to gains in economic performance. Denmark has moved to the top of the 63-nation list from the...

JSW Steel crude steel production jumps 31% to 17.89 L tonnes in May

Thursday, 16 June 2022 | PTI | Kolkata

JSW Steel crude steel production in May on a standalone basis jumped 31 per cent to 17.89 lakh tonnes, the company said on Wednesday. The crude steel output in May of FY’21 was 13.67 lakh tonnes. The flagship company of the USD 22 billion JSW Group stated that production of flat-rolled...

LIC of India introduces Dhan Sanchay plan

Thursday, 16 June 2022 | PNS | Mumbai

Life Insurance Corporation of India introduced a new plan Dhan Sanchay with effect from 14.06.2022 which is Non Linked, Non-participating, Individual, Savings Life Insurance Plan which offers a combination of protection and savings. It provides Guaranteed income Benefit during the Payout Period from the date of Maturity, and Guaranteed Terminal...

Gold marginally higher; silver climbs Rs 304

Thursday, 16 June 2022 | PTI | New Delhi

Gold prices in the national capital rose by Rs 3 to Rs 50,304 per 10 grams in line with a jump in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 50,301 per 10 grams.  Silver also gained Rs 304 to Rs 60,016...

Govt looks for new Nabard chairman

Thursday, 16 June 2022 | PTI | New Delhi

The Government is looking to hire a new chairman of National Bank for Agriculture and Rural Development (Nabard) to replace GR Chintala, who will be demitting office on August 1. Chintala was appointed as the Nabard Chairman in May 2020. Even those working in private sector banks and financial institutions and...

Sunday Edition

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Indo-Pacific Eco Framework: Concept to strategy

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