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Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has issued a recent circular revising the payout timing for securities in T+1 rolling settlements. According to the new guidelines, securities will now be credited directly to clients’ demat accounts by the Clearing Corporations at 3:30 PM on the settlement day. This…
Source: Live Mint Top News India’s foreign exchange reserves saw a significant boost, increasing by USD 12.588 billion to reach an all-time high of USD 704.885 billion as of the week ending September 27, 2024. This growth in reserves can be attributed to several factors, including rising foreign investments, positive trends in exports, and possibly…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has introduced a new directive concerning the use of the Unified Payments Interface (UPI) for individual investors. According to SEBI’s recent circular, starting November 1, 2024, individual investors can apply for public issues of debt securities, non-convertible preference shares, municipal debt securities,…
Source: Live Mint Top News The National Payments Corporation of India (NPCI) has announced a significant change to its Unified Payments Interface (UPI) transaction limit. Effective from September 16, 2024, the UPI transaction cap has been raised to ₹5 lakh per transaction. This increase aims to further bolster India’s push toward a more robust digital…
Source: Live Mint Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on September 13, 2024. Read Full Article
Source: Live Mint Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on September 6, 2024. From top news to market performance, here’s the market wrap for the week ended September 6, 2024. Top News India’s foreign exchange reserves rose to…
