Sebi on Wednesday said angel funds can raise capital only from accredited investors, as part of the revised framework notified by the regulator to streamline fundraising, investment and compliance norms under the alternative investment funds rules. Photograph: Francis Mascarenhas/Reuters In
Benchmark Sensex rose by 323 points while Nifty closed higher for the sixth consecutive day on Wednesday following buying in IT, select financial and capital goods shares amid renewed optimism over a successful conclusion of India-US trade talks. Photograph: Francis
New business premiums of life insurance companies dropped 5.2 per cent year-on-year (YoY) in August to Rs 30,959 crore, owing to a double-digit decline reported by state-owned Life Insurance Corporation (LIC), data from the Life Insurance Council showed. Illustration: Uttam
Benchmark Sensex rose by 314 points and Nifty closed above 24,800 on Tuesday following a rebound in IT shares and hopes of a rate cut by the US Federal Reserve later this month. Rising for the second day in a
Gold prices skyrocketed by Rs 5,080 to hit an all-time high of Rs 112,750 per 10 grams in the national capital on Tuesday in line with strong global trends. Photograph: Edgar Su/Reuters The precious metal prices have added Rs 33,800
The government has asked manufacturers to revise the maximum retail price (MRP) on unsold stocks in line with the change in GST rates. Photograph: Mansi Thapliyal/Reuters The government has reduced GST on various products and services, which will come into
Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes —
Supreme Court judge Justice K Vinod Chandran on Monday recused from hearing a plea seeking directions to authorities to investigate allegations made by US short seller Viceroy Research that billionaire Anil Agarwal’s mining conglomerate was “financially unsustainable” and posing severe
Benchmark stock indices Sensex and Nifty closed with gains on Monday, tracking a firm trend in global markets amid hopes of a rate cut by the US Federal Reserve later this month. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex edged
To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess GSTN’s preparedness and the time it would take to implement technological changes required in the
