Tuhin Kanta Pandey, Chairman,SEBI "Our survey reveals that an...
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Sitharaman urges citizens to raise awareness about Rs1.84 trillion unclaimed assets in financial sector
Nirmala Sitharaman,Union Finance Minister M. Nagaraju, Secretary,...
Govt issues notices to 25 offshore crypto assets cos for non-compliance of money laundering law
The government has also instructed these entities to take down...
Mutual funds’ collects Rs 63,854 cr through NFOs in 2023
''The trend towards the financialisation of assets in India is unmistakable. Aligned with changing consumption behaviours and a need for a higher standard of living, investors recognise the importance of long-term investing,'' Asset management companies launched 212...
FPIs sold equities worth Rs 24,734 crore in January
The rising bond yields in the US is a matter of concern and this has triggered the recent bout of selling in the cash market. The rally in global stock markets was triggered by the Fed pivot which saw the 10-year bond yield falling from 5% to around 3.8%. Now the...
India pips Hong Kong to become 4th-largest stock market
The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg. That makes India the fourth-biggest equity market globally. Its value crossed $4 trillion...
Sensex tanks 1,053 pts, investors lose Rs 8 lakh crore
Selling by FIIs due to reasons like high valuation and mixed results for the earnings season so far, along with recent escalations in tensions in the Middle East and Red Sea, prompted the investors to book profit from the recent rally Mumbai: Domestic equities opened...
Govt ropes in Deloitte for evaluating new 9 EDs of PSU gen insurance industry
At the end of the programme, Deloitte will give some grades to each of the officials which will be taken into account for the selection executive directors by the FSIB at the time of final interview New Delhi: The government, for the first time, has roped in...
Medi Assist Health shares debut with over 11 pc premium
The Rs 1,171.57-crore initial public offer was entirely an Offer-for-Sale (OFS) of up to 2,80,28,168 equity shares. It had a price range of Rs 397-418 a share Mumbai: Shares of Medi Assist Healthcare Services listed with a premium of more than 11 per cent on Tuesday...
Hedge funds rake in huge profits betting on catastrophe risk
The best hedge fund strategy of 2023 was a bet on insurance-linked securities (of which catastrophe bonds are the dominant sub-category), which generated over 14%, according to Preqin, a consultancy that provides data on the alternative asset management industry....
Yet to finalise mechanism for regulating cryptocurrencies: Centre to SC
A bench of justices Surya Kant and K.V. Viswanathan was told by Additional Solicitor General Vikramjit Banerjee, appearing for the Centre, that the issues related to the digital currency are continuously evolving and the government is deliberating on the mechanism to...
FPIs pressed massive equity sale of Rs 24,000 cr in last 3 days
One, the US bond yield started rising with the 10-year yield rising from the recent level of 3.9 per cent to 4.15 per cent triggering capital outflows from emerging markets. It is important to understand that FPIs were big sellers in other emerging markets too like...
Sensex crashes 1,628 points, Domestic equities plunge 2%
HCL Technologies, SBI Life Insurance, Infosys, LTIMindtree, and TCS were the top gainers on the Nifty, while the biggest losers were HDFC Bank, Tata Steel, Kotak Mahindra Bank, Axis Bank, and Hindalco Industries. Mumbai: The 30-share BSE benchmark Sensex tanked 1,628...