NEW DELHI: Stock market regulator Sebi is intensifying its fight against cyber fraud and has sought support from the states to prevent misuse of social media platforms and protect investors across the country from the menace.Sebi chairman Tuhin Kanta Pandey, who took charge in March, has written to chief secretaries, seeking collaboration to “spread awareness”…
European Central Bank president Christine Lagarde has warned that undermining central bank independence could unleash “dysfunction” and “instability,” issuing her remarks in the United States at a time when President Donald Trump is intensifying pressure on the Federal Reserve to cut interest rates.Speaking in an interview aired on Fox News after attending the Jackson Hole…
The Trump government has consistently expressed disapproval of India’s purchase of discounted Russian oil. (AI image) US Vice President JD Vance has said that Donald Trump applied secondary tariffs on India to force Russia to stop the war with Ukraine. Calling it ‘aggressive economic leverage’, Vance said that the measure would make it difficult for…
The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal challenging the acquisition of Vadraj Cement by Nirma group company Nuvoco Vistas Corporation, upholding the resolution plan approved earlier by the National Company Law Tribunal (NCLT).The Delhi-based principal bench of NCLAT affirmed the April 1, 2025 order of the Mumbai NCLT, which had cleared…
Analysts suggest that domestic equity markets may respond positively to signals of a possible US Federal Reserve rate reduction. (AI image) Indian equity benchmark indices, Nifty50 and BSE Sensex, are expected to see a gap-up opening on Monday after US Federal Reserve chairman Jerome Powell indicated that the central bank may cut rates in its…
Industry body CII has unveiled a sweeping reform blueprint aimed at accelerating India’s economic transformation, calling for a simplified GST structure, rationalised tariffs, new employment policies, and greater trade competitiveness.The Confederation of Indian Industry (CII), in its report “Policies for a Competitive India”, has put forward over 250 actionable recommendations across 14 critical areas. The…
State-owned fuel retailers experienced significant profit surge in Q1 FY26, with a combined net profit of Rs 16,184 crore, driven by robust petrol and diesel marketing margins. BPCL led with a net profit of Rs 6,124 crore and a GRM of $4.88 per barrel. These gains offset inventory losses and unresolved LPG subsidy burdens. State-owned…
Talks between India and China on reviving traditional border trade have yielded progress, with Beijing agreeing in principle to reopen the Shipki-La pass in Himachal Pradesh’s Kinnaur district, the state government said on Sunday.The trade route, once an offshoot of the ancient Silk Route, had been suspended in 2020 following the Covid-19 outbreak.According to the…
The combined market valuation of eight of the top-10 most valued firms climbed Rs 1,72,148.89 crore last week, tracking a bullish undertone in domestic equities, with Reliance Industries emerging as the biggest gainer.The BSE benchmark had advanced 709.19 points, or 0.87 per cent, during the week, PTI reported.From the top-10 pack, Reliance Industries, Tata Consultancy…
Gold prices are likely to trade in a consolidation zone in the near term, but analysts maintain the broader bias remains positive as expectations grow for a US Federal Reserve rate cut in September.Traders will keep a close eye on upcoming US macro data, including Q2 GDP, PCE inflation, and speeches by Fed officials, which…
