Indian

Asset base, subscribers under NPS rising: PFRDA

Nov 26, 2020

So far, nearly 8,200 corporations have registered with the NPS, while many CPSUs are also migrating to this system, the PFRDA chairman added.

Nivar makes landfall, weakens into severe cyclonic storm

Nov 25, 2020

There were no reports of loss of life due to the cyclone which uprooted trees. Incidents of wall collapse were reported from some parts of Tamil Nadu, state Revenue Minister R B Udhayakumar said.

Bank operations may be hit by unions’ one-day nationwide strike on Thursday

Nov 25, 2020

“Lok Sabha in its recently held session has passed three new labour enactments by dismantling existing 27 enactments in the name of ‘Ease of Business’, which are purely in the interest of corporates.

“In the process, 75 per cent of workers are being pushed out of the orbits of labour laws since they will have no legal protection under the new enactment,” the AIBEA said in a release.

Sebi eases surveillance steps implemented to curb Covid-induced volatility

Nov 25, 2020

The surveillance measures, announced in March, are in force till November 26. They are aimed at ensuring orderly trading and settlement, effective risk management, price discovery and maintenance of market integrity.

Among the measures, the watchdog had increased the margin requirement for non-F&O stocks in cash market and revised Market Wide Position Limit (MWPL) from 95 per cent to 50 per cent of existing levels in a phased manner.

On Wednesday, Sebi said these two measures would be relaxed with effect from close of business on November 26.

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