India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.
Sebi has proposed allowing depositories to mark such pledged shares as 'non-transferable' for the duration of the lock-in period, based on instructions from the issuer.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'
'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'
At an estimated 1.9 billion in losses and over 5,000 UK organisations affected, the Jaguar Land Rover cyberattack has been labelled the most economically damaging cyber incident in UK history, exposing the deep vulnerability of interconnected supply chains.
The principal problem lies in lack of training infrastructure and relatively lax safety standards.
'The frenzy for gold is primarily due to the uncertainty surrounding the tariff war.'
The record monsoon rains across India during the June to September months was 937.2 millimetres, the 5th-highest since 2001 and 38th-highest since 1901.
The demand growth in the low-income category is expected to be driven mainly by packaged branded sugar as well as traditionally consumed gur (jaggery) and khandsari.
IMD data shows in the 24 hours between September 1 and 2, Haryana received 806 per cent more rainfall than normal, Punjab 759 per cent, Himachal Pradesh 510 per cent, Delhi 740 per cent, Chandigarh a staggering 1,638 per cent, and Rajasthan 193 per cent.
Maharashtra has topped the list of states with the most favourable ecosystem for the growth of Farmer Producer Organisations (FPOs), replacing Madhya Pradesh, which has slipped to second place, according to the latest Ease of Doing Business for FPOs (EoDBF) ranking.
A Pakistan that is more secure in its relations with the US is also one that might well wish to indulge in another cross-border misadventure.
'...as then it brings them closer to the complaints and grievances that the public faces.'
The land pooling policy aims to kick-start a new wave of urbanisation in the predominantly rural state.
India's shrimp sector was pushed into uncertainty following US President Donald Trump's decision to impose a 25 per cent tariff on all goods imported into the US from India.
The bulk of these districts are in Bihar, where 87 per cent districts are monsoon-deficient till July 9.
'India's farmers will be unable to compete with the US, given the subsidies that the latter provides its farmers.'
'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'
This would be due to early monsoon onset, abundant precipitation in the soil and the government's higher minimum support price (MSP) for farmers, the USDA said in its assessment.