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Source: Business Standard 3 min read Last Updated : Oct 08 2024 | 8:30 PM IST India’s benchmark indices closed higher on Tuesday after six consecutive sessions of decline. The recovery was propped up by index heavyweights HDFC Bank and Reliance Industries, while China’s highly anticipated stimulus measures also boosted sentiment. The stocks…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Oct 08 2024 | 8:19 PM IST China-focused funds have surged between 27.8 and 61.4 per cent over the past month, attracting significant investor attention. Instead of being driven by FOMO (fear of missing out), investors must carefully evaluate the risks before…
Source: Business Standard Representative image. Photo: Bloomberg 2 min read Last Updated : Oct 08 2024 | 7:51 PM IST Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user numbers. Roblox shares fell 9.2% in early trading after the…
Source: Business Standard 1 min read Last Updated : Oct 08 2024 | 7:26 PM IST Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a “world-class job” and bringing greater transparency into the system. Underlining that she is not against questioning or critiquing regulators, Sitharaman said there…
Source: Business Standard 3 min read Last Updated : Oct 08 2024 | 7:00 PM IST The Securities and Exchange Board of India (Sebi) on Tuesday issued fresh guidelines on due diligence for investors in alternative investment funds (AIFs) to prevent circumvention of norms and ever-greening of loans. The due diligence specifically applies…
Source: Business Standard A change in the RBI’s policy stance language would pave the way for a quarter-point rate cut in December. | Image: Bloomberg 5 min read Last Updated : Oct 08 2024 | 7:05 PM IST By Anup Roy and Subhadip Sircar India’s new monetary policy committee may lay the ground for an…
Source: Business Standard It acknowledged that as a mitigation measure, brokers are revamping their revenue and cost models, following the introduction of the new norms. (Photo: Shutterstock) 3 min read Last Updated : Oct 08 2024 | 6:17 PM IST Discount brokerages, such as Zerodha and Groww, will be impacted the most by the…
Source: Business Standard 2 min read Last Updated : Oct 08 2024 | 5:31 PM IST People make foreign remittances for various purposes, such as paying the education fees of children studying abroad or purchasing assets overseas. The process involves following a set of procedures to ensure compliance with Income Tax regulations. …
Source: Business Standard The Securities and Exchange Board of India (Sebi) had sought public comments till October 29 on the proposals. | Photo: Shutterstock 2 min read Last Updated : Oct 08 2024 | 5:16 PM IST Markets regulator Sebi on Tuesday proposed that stock exchanges and other market infrastructure institutions frame their own…
Source: Business Standard 3 min read Last Updated : Oct 08 2024 | 5:17 PM IST If you’ve won team awards at work, you may have a new pathway to a US green card. US Citizenship and Immigration Services (USCIS) recently updated its policy guidance to clarify the types of evidence that may be…
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