Madhabi Puri Buch,former chairperson, SEBI "There is prima facie...
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Glittering Gold: Pricey Assets in Demand
The drivers behind this surge include heightened uncertainty and...
New SEBI Chairperson Pandey’s four-point mantra — trust, transparency, teamwork and technology
"We work for trust, we work for transparency, we work for teamwork,...
Singaporeans fall prey to Chinese-origin ‘pig-butchering’ crypto scam
Losses average USD 134,940 per person, based on over 400 victims surveyed by the organisation from North America, Europe, Taiwan and South-east Asia, according to the report "They were asked to pay administrative fees, security fees or taxes in order to reap profits....
FPIs pull out Rs 18,856 cr from Indian markets in Feb so far
''Geopolitical tension and chances of a rate hike by US Fed have triggered outflows from FPIs in the recent times from the Indian equity markets. They sharply increased the pace of selling after the US Fed indicated an end of the ultra-loose monetary policy regime,''...
EPFO mulling new pension scheme for formal workers getting over Rs 15K basic wage
''There has been demand for higher pension on higher contributions among the members of the Employees' Provident Fund Organisation (EPFO). Thus, it is under active consideration to bring out a new pension product or scheme for those whose monthly basic wages are more...
Global Covid-19 caseload rises to 422.8 mn, fatalities at 5.88 million
The US continues to be the worst-hit country with the world's highest number of cases and deaths at 78,457,081 and 934,951, according to the CSSE The second worst hit country in terms of cases is India (42,780,235 infections and 510,905 deaths), followed by Brazil...
Assam becomes first state to launch night navigation mobile app in rivers
The night navigation mobile application was developed by the transport department in association with K Raju, the principal scientist of IIT Madras and will survey the draft of the rivers, the spokesperson said. Guwahati: The first night navigation mobile application...
Nasdaq sinks into ‘Death Cross’ for first time since April 2020
“When you hear ‘death cross’ your antenna goes up,” Jay Woods, chief market strategist at DriveWealth Institutional, said in a phone interview. “It doesn’t always mean doom and gloom is coming. It just means we’ll likely be in a more extended downtrend.” With...
G20 says global corporate tax deal should go live next year
Years of negotiations culminated last October when nearly 140 countries reached a deal on a minimum tax rate of 15% on multinationals and agreed to make it harder for companies like Google, Amazon and Facebook to avoid tax by booking profits in low-tax jurisdictions...
India needs to focus on care infra for kids and seniors: Indra Nooyi
Indra Nooyi, former chief executive, Pepsi Nooyi said families are “fragile” systems and if something happens to anyone in it, there will be economic trouble because sufficient money is not set aside and in such a scenario, the obvious impact will be delayed child...
G20 finance leaders dilute geopolitical risks reference in communique
Their statement instead said: "We will also continue to monitor major global risks, including from geopolitical tensions that are arising, and macroeconomic and financial vulnerabilities." G20 finance leaders on Friday watered down language on global economic risks...
U.S. adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list
U.S. government's latest "notorious markets" list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy, said U.S. Trade Representative U.S. adds e-commerce sites...