Sensex tanks over 900 points on concerns over Middle East conflict, weak global trends
Equity benchmark indices tanked in early trade on Monday, with the Sensex tumbling 929.74 points, amid the ongoing conflict in the Middle East and weak trends from global markets. Foreign fund outflows and hotter-than-expected US inflation data also played spoilsport for the markets. Extending its previous day's decline, the 30-share BSE Sensex...
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Commercial AC market has significant growth potential
15 April 2024 | PTI -
Automobile exports from India dip 5.5 per cent in FY24
15 April 2024 | PTI -
Godrej Locks eyes 50 per cent market share
15 April 2024 | PTI -
Share of affordable homes, priced up to `45 lakh, shrinks: PropTiger
15 April 2024 | PTI -
LIC sees 59 per cent jump in value of investments in Adani stocks
15 April 2024 | PTI -
Impresario to add 10-15 Social outlets every year
15 April 2024 | PTI -
Startup to connect tech professionals with global job opportunities
15 April 2024 | PTI
India adds record 18 GW renewable energy capacity in FY24
India has added a record renewable energy capacity of 18.48 GW in 2023-24, which is over 21 per cent higher than 15.27 GW a year ago, according to the latest data of the Ministry of New & Renewable Energy. “However, industry experts said there is a need to add at least...
Telecom department to seek Trai view on satcom spectrum allocation
The Department of Telecommunications (DoT) is expected to approach Trai this month to seek the regulator's views on method and pricing for allocation of spectrum and scope of licences to be issued for satcom services, according to sources. “The Telecom Regulatory Authority of India (Trai) had floated a consultation paper on...
Stakeholders working to address tailgating issue
Stakeholders, including the Digi Yatra Foundation, are working on ways to address tailgating at airports through the Digi Yatra gates, an issue that has been flagged by aviation security watchdog BCAS, according to officials. “Digi Yatra, which uses Facial Recognition Technology (FRT), provides contactless and seamless entry into airports through e-gates. “Broadly,...
Finance Ministry for enhanced KYC to check fraud
In a bid to check incidence of BoB World app scam and other such financial frauds, the finance ministry makes a case for an enhanced KYC procedure and extensive due diligence by banks and financial institutions for onboarding merchants to safeguard customers against cyber risks, sources said. “Appropriate due diligence of...
Need to create new breed of financial planning professionals: FPSB
The country needs a “new breed of financial planning professionals” who can act as consultants for customers, Financial Planning Standards Board (FPSB) India CEO Krishan Mishra said. India currently has 2,731 certified financial planners (CFPs) who are currently working in the industry as well as practising individually, FPSB said in a...
Payment mechanism for traders importing pulses from Myanmar simplified: Government
The government on Saturday said the payment mechanism for traders importing pulses from Myanmar has been eased and simplified. The importers have been asked to utilize Rupee/ Kyat direct payment system using Special Rupee Vostro Account (SRVA) through Punjab National Bank, the consumer affairs ministry said in a statement. India depends on...
CBI FIR against second biggest electoral bond buyer Megha Engineering in alleged bribery case
The CBI has registered an FIR against Hyderabad-based Megha Engineering and Infrastructure Ltd, which was the second-biggest buyer of electoral bonds worth Rs 966 crore, in an alleged bribery case. Eight officials of the NISP and NMDC and two officials of MECON were also named in the FIR for receiving alleged...
