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Sebi orders altGraaf, two other platforms to cease operations

The Securities and Exchange Board of India (Sebi) on Monday issued a \"cease and desist\" order against three online bond platforms operating without registration with the stock exchanges.

MGL, IGL sink up to 20% after cut in priority gas allocation

Shares of city gas distribution (CGD) companies Mahanagar Gas (MGL) and Indraprastha Gas (IGL) plunged up to 20 per cent on the BSE on Monday after the central government further reduced the administered price mechanism (APM) allocation of domestic gas to them.

FPI under-owning gives India moat among EMs: CLSA MD

In a world less friendly for emerging markets (EMs), there is a case to up India's weight, CLSA's Managing Director and Chief Equity Strategist Alexander Redman said on Monday, asserting that the relative under-ownership of Indian equities by foreign investors gives the country an edge over its EM peers.

Aluminium stocks soar on China's tax rebate cut

The shares of aluminium manufacturers rallied on Monday on the back of a sharp rise in the price of the lightweight metal over the weekend, following China's announcement that it will withdraw export tax rebate for the commodity.

Defence a key growth driver for Bharat Forge

Auto component major Bharat Forge's second quarter performance (Q2FY25) was lower than consensus estimates.

Over 50% Nifty stocks face 200-DMA cliff

27 of Nifty 50 stocks trading below crucial technical threshold, signalling weakness ahead

FPI norm violation case: Emerging India Focus Funds settles matter with Sebi

Emerging India Focus Funds, a foreign portfolio investor (FPI), has settled a matter related to alleged violations of FPI norms with the Securities and Exchange Board of India (Sebi) for ₹64.35 lakh.

Where on earth are we going?

In times like these, it can be hard to know which way is up. But it's always been a subject of debate: For the 16th-century cartographer Juan de la Cosa, the top of the map was west, in the direction of his first voyage with Christopher Columbus. Nearly 500 years later, Stuart McArthur of Melbourne, Australia, produced a map with a southward orientation; when his teacher reprimanded him, he held his ground, finally publishing his upside-down map in 1979. \"East is East, and West is West,\" as Kipling had it—but where does the one start and the other end?

The power to reform

Tariffs remain the key issue

Rethinking suspension

Futures trading is not a source of inflation

Reorient industrial policy

The New Industrial Policy should be a joint effort by the Union and state govts, one that is market-friendly rather than business-friendly

Global proxy advisory firms are feeling uneasy

One half of America is celebrating Donald Trump's election, while just about the other half bemoans his win.

Country Garden submits debt rejig plan to creditors

China's Country Garden submitted the preliminary terms of an offshore debt restructuring proposal to some creditors late last month and lowered its cash flow projection, said sources, as the struggling property developer looks to avoid liquidation.

China population set for 51 million dropas pro-birth moves fail

China's population is expected to shrink by 51 million—more than the size of California—over the next decade as policymakers struggle to reverse the country's falling birth rate, according to Bloomberg Intelligence.

HOW Blues/cy, alternative to X cmd Facebook, is handling explosive growth

In February2023, a half-dozen techies introduced a social network prototype in an invitation-only launch. They deliberately debuted their creation, Bluesky, with little fanfare so that they could closely manage its growth.

Biden allows Ukraine to use US weapons to strike inside Russia

Decision comes after months of resistance from Washington; Zelenskyy says missiles would 'speak for themselves'

Xiaomi revenue soars in Sept qtr as EVs gain steam

Chinese electronics maker Xiaomi Corp posted a 30.5 per cent jump in third-quarter revenue as consumers clamoured for its first electric vehicle, the SU7 sedan.

Riddles in Dalit politics

In the wake of the Supreme Court's sub-classification verdict, SHREYAS UBGADE analyses how ideological divides and political alignments of Dalit groups make this a complex electoral battle in Maharashtra

Centre rushes 5k troops to ;volatile' Manipur

Internet suspension extended; Shah reviews situation; Oppn demands PM visit

Urban unemployment rate at fresh low

Fell to 6.4% in Q2 on back of sharp decline in female joblessness

Power & Pawars: Behind coin-toss electoral showdown in sugarland

Pune's sugar mills shape local politics and elections; a number of prominent candidates in the region are tied to such factories. PRACHI PISAL reports from the ground

Taxpayers must disclose foreign income by Dec 31

Central Board of Direct Taxes (CBDT) chairman Ravi Agarwal on Monday said taxpayers who have not disclosed their foreign income or assets in their Income Tax Returns (ITRs) have time till December 31 to file their revised return for financial year 2023-24.

SBI plans to open 300-400 branches a yr in medium term

India's largest lender, State Bank of India (SBI), plans to add 300-400 branches annually to its existing network in the medium term to increase penetration of financial services in the country, Chairman C S Setty said on Monday.

FinMin sets dividend norms for NBFC CPSEs

The Ministry of Finance on Monday brought in central public sector enterprises (CPSEs) classified as non-banking financial companies (NBFCs) under the minimum annual dividend payout norm of 30 per cent of profit after tax (PAT) or 4 per cent of the net worth, whichever is higher.

SBI secures $500 mn via 5-year bonds

State-owned lender also raises 10,000 crore through 15-year infra bonds at 7.23%

RBI guv's term may be extended again

The government is likely to extend the term of Reserve Bank of India (RBI) Governor Shaktikanta Das for a second time, sources with knowledge of the matter told Reuters, an unprecedented move that would make him the longest-serving chief since the 1960s.

India, developing World face E U resistance to climate finance

Talks on global climate finance Virtually ground to a halt last week at COP29, the annual United Nations (UN) Climate Change event in Baku, Azerbaijan, as the developed world, led by the European Union (EU), and developing countries including India, Brazil, South Africa, and a clutch of island nations and African countries faced awide chasm between their expectations.

Be vigilant for concentrations in biz models: Das to bank boards

RBI guv says need to curb unethical practices such as mis-selling of products

'We may be in a position to list AAHL in 2 to 3 years'

We are doing that.

IT, ITeS must adopt Cloud, boost security: Airtel Business

India's information technology (IT) & IT-enabled services (ITeS) sector must evolve from its current cost-arbitrage model to an innovation engine, Airtel Business said in a white paper.