In October, the total FIIs selling through exchanges was Rs 113,858...
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Indian billionaires more than doubled to 185,their total wealth almost tripled to $ 905.6 bn in last 10 yrs, says UBS report
From 2015 to 2020, billionaire wealth grew globally at an annual...
Sebi revamps investor charter to boost transparency, grievance redressal
The revamped charter aims to enable investors to better understand...
Four climate lawsuits to watch in 2022
Baltimore claims that about two dozen fossil fuel companies knowingly contributed to climate change. The city says it is vulnerable to sea-level rise driven by climate change The year 2022 could see the U.S. Supreme Court redefine the scope of the country's most...
2022: Daunting labour reforms, informal workers’ social security fund await take off
There is a provision in the industrial relations code that any unit with up to 300 workers will not need permission from the appropriate government for closure, retrenchment and lay off. At present, the threshold is 100 workers New Delhi: Ushering in a big wave of...
LIC, GIC Re, New India continue to be systematic important insurers, need extra supervision: IRDAI
Domestic systemically important insurers(D-SIIs) are already being subjected to enhanced regulatory supervision as the continued functioning of D-SIIs is critical for the uninterrupted availability of insurance services to the national economy On Thursday, the...
Germany to pull the plug on three of its last six nuclear plants
The phase-out of an energy deemed clean and cheap by some is an irreversible step for Europe's biggest economy, facing ambitious climate targets and rising power prices BERLIN: Germany will pull the plug on three of its last six nuclear power stations on Friday,...
Govt releases additional Rs 3,063 crore to 6 states hit by floods, landslides, cyclones
Union Home Minister Amit Shah A home ministry statement said among the funds approved include Rs 1,133.35 crore to Gujarat, which was affected by cyclone 'Tauktae', and Rs 586.59 crore to West Bengal, which was affected by cyclone 'Yaas' Apart from Gujarat and West...
OVID-19: Maharashtra, WB and Delhi emerging as states/UTs of concern
The country has reported more than 10,000 daily new COVID-19 cases after 33 days, it said stressing that there is a need for heightened vigil in view of sharp increase in infections New Delhi: The government on Thursday said that Maharashtra, West Bengal, Tamil Nadu,...
Private cryptocurrencies pose immediate risks to customer protection, prone to frauds: RBI
''Private cryptocurrencies pose immediate risks to customer protection and anti-money laundering (AML)/combating the financing of terrorism (CFT). They are also prone to frauds and to extreme price volatility, given their highly speculative nature,'' RBI said Mumbai:...
2022: A likely year of firsts for insurance; general insurer privatisation, LIC share sale on cards
There are fears that LIC listing may be pushed beyond March 2022 as the valuation of the state-owned behemoth is taking more than anticipated time and preparatory work is still far from complete New Delhi: With the amended general insurance business legislation, the...
Economic momentum picking up, Omicron may derail growth: RBI
Admitting that inflation remains a concern as it is by the build-up of cost-push pressures, Das has called for stronger supply-side measures to contain food and energy prices Mumbai: Though the economy has steadily gained momentum and remained resilient since the...
Ebb and flow: FPIs’ net investments cross Rs 51,000 cr in 2021; more likely in New Year
As the equities sizzled during most of 2021, that also saw economy slowly coming back into the recovery path, Foreign Portfolio Investors (FPIs) turned net buyers but their investment is much less compared to net inflows of Rs 1.03 lakh crore in 2020. And last year's...