Govt discontinues Gold Monetisation Scheme; banks may continue

The government has decided to discontinue the Gold Monetisation Scheme (GMS) starting from Wednesday in view of the evolving market conditions, the finance ministry said. Photograph: Edgar Su/Reuters However, the banks may continue their short term gold deposit schemes (1-3

Sensex pares most gains, closes up 33 points

Benchmark indices Sensex and Nifty ended marginally higher on Tuesday, taking their gaining streak to the seventh session even as markets witnessed profit-booking after the recent sharp gains. Photograph: Francis Mascarenhas/Reuters The 30-share BSE benchmark Sensex gained 32.81 points or

Advait Energy emerges L1 bidder for Power Grid optical wire contract

Ahmedabad-based Advait Energy Transitions Ltd on Tuesday (March 25) said it has emerged as the L1 bidder for the OPGW-04 package, securing a contract for the supply and installation of optical ground wire (OPGW) and communication equipment across multiple transmission

Indira IVF Hospital IPO: Fertility clinic chain scraps plans to launch public issue, withdraws draft papers

Fertility clinic chain Indira IVF Hospital has withdrawn its draft IPO papers, which were filed through the confidential route, an update with markets regulator Sebi showed on Tuesday. The confidential pre-filing route allows the company to withhold public disclosure of

S&P cuts India’s FY26 GDP growth forecast to 6.5%

S&P Global Ratings on Tuesday cut India’s GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. Photograph:

PCI Urges MDR on UPI, RuPay

‘The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support, ultimately ensuring that UPI continues to thrive.’ Kindly note the image has been posted only

India hopes for temporary tariff waiver as US official comes calling

India and the US will finalise the contours, schedule of negotiations and terms of reference of the proposed bilateral trade agreement (BTA) during the three-day talks, starting Tuesday, an official said. IMAGE: Kindly note that this image has been posted

Investors’ wealth swells by Rs 27.10 lakh cr

Markets investors became richer by Rs 27.10 lakh crore as the BSE benchmark Sensex continued to rally for the sixth trading day, surging nearly 6 per cent during this period. On Monday, the 30-share BSE bellwether gauge jumped 1,078.87 points

SEBI to form high-level committee to review conflicts of interest and disclosures

The Securities and Exchange Board of India (SEBI) announced on Monday its decision to establish a high-level committee to conduct a detailed review of conflict of interest and disclosure norms related to property, investments, and liabilities of SEBI board members

Sebi board doubles FPI investment threshold for granular disclosures to ₹50,000 cr

Mumbai, Mar 24 (PTI) Markets regulator Sebi’s board on Monday approved a proposal to double the investment threshold for granular disclosures by foreign portfolio investors (FPIs) to ₹50,000 crore. This is aimed at addressing the changing market dynamics without altering

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