'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
Gitanjali Gems is foraying into the business of providing gold loans and safe deposits vaults. The company has also acquired Trinity Watch Co and Renaissance Retail Ventures for undisclosed sums. It has also formed a subsidiary, Mohar Jewels. It will soon launch the fashion retail format through its retail subsidiary Gitanjali Lifestyle. The company has tied-up with three fashion designers to introduce fashion apparels and private labels and will also open exclusive stores.
The Sebi board, which met in Chennai, approved introduction of these new derivative products based on the interim recommendations made by a committee on derivatives headed by M Rammohan Rao. The new products will relate to mini-contracts on equity indices, options with longer life/tenures, volatility index and F&O (futures & options) contracts, options on futures, bond indices and F&O contracts.
The leadership needs to put all other government business aside, control the pandemic and save human lives. Searchlights are going to be held by the world community in the weeks and months ahead as the fatality rates start shooting up and Indians die like flies, warns Ambassador M K Bhadrakumar.
IMAGES from all the Bundesliga action on Saturday.
Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.
Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
Increased demand for the dollar from importers affected the value of the rupee
The attack was claimed by the outlawed Baloch Liberation Army (BLA) which said it would not tolerate 'any Chinese military expansionist endeavours on Baloch soil'.
Parts of the city plunged into a welter of violence as his convoy was attacked with stones by alleged TMC supporters from inside the hostel of Vidyasagar College, triggering a clash between supporters of the two parties, officials said.
The pilots have been "derostered" pending investigation, Air India Express later said in a statement.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
Seeking to defuse tension and promote harmony and cultural exchanges, the local administration in association with Sharda University recently hosted a football match between two teams, having members from both Indian and African students.
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
Defence Minister Nirmala Sitharaman and her American counterpart James Mattis reviewed ongoing initiatives to further strengthen bilateral defence cooperation.
The 39-second video of Singh, a California resident, has been viewed over 83,000 times since it was posted on YouTube on December 9.
In the Majnu Ka Tila area in New Delhi, Children carrying tricolour burst crackers and shouted 'Bharat Mata Ki Jai'.
India for stronger maritime cooperation with friendly nations
Indian chess great Viswanathan Anand sees signs of greatness in Nihal Sarin but says it's a long journey ahead for the impressive 14-year-old since there has been a trend of players struggling to replicate success as they age.
RBI has printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes as on December 8.
Had India agreed to join the trade pact, Indian markets would have been flooded with cheap Chinese products.
It's important to note that most of the celebrities who were approached are yesteryear stars, over the hill and seemingly forgotten.
The girls become queens, and the boys, their slaves. It's just another day on Bigg Boss.
Mattis also warned Pakistan of global "diplomatic isolation" and losing its Non-NATO ally status if it failed to take action against safe havens to terrorists on its soil.
'The rate of transmission of COVID-19 in Hong Kong was 0.7 -- anything below 1 suggests the epidemic is receding.' 'The city-State achieved this without the de facto police-State curfew that India has resorted to,' says Rahul Jacob.
They also inked a pact for cultural exchanges through 2018-2020.
Independent market analyst Ambareesh Baliga points out the red flags that retail investors should not have ignored and lists three scenarios -two of these scenarios offer a glimmer of hope to retail shareholders of Yes Bank - that could play out in the coming days.
The authorities billed it as a rescue, but Mexican soccer player Alan Pulido escaped his kidnappers by punching the one guarding him, snatching a cellphone and calling for help, a top official in the country's violent northeast said.
Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues
In a joint statement released after talks between Prime Minister Narendra Modi and President Donald Trump, the two nations also called on Islamabad to "expeditiously bring to justice the perpetrators of the 26/11 Mumbai, Pathankot, and other cross-border terrorist attacks perpetrated by Pakistan-based groups."
The Swiss Finance Ministry spokesperson further said the treaty states that "such persons or authorities shall use the information 'only' for such purposes.
A year ago, India's #MeToo movement witnessed women across India speak up against sexual harassment. Nikita Puri assesses what, if anything, has changed.
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In the global market, the US dollar rose against the basket currencies in early trade as US President Barack Obama called for diplomacy in dealing with alleged chemical weapons attack in Syria but kept open the possibility of military action against the Assad regime.
Hitting out at Gandhi, the BJP said it was his party's app that was sharing user data with his friends in Singapore.
The market last tumbled 10% or more in December 2016 following demonetisation. The decline was followed by a sharp rebound. This time the chances of such a v-shaped recovery are less.
The French president said that peace should be maintained in the region and peoples' rights should be protected.
If struggling with dealing with queues of people asking for new notes wasn't enough, banks are now facing the challenge of storing the old notes in their strong rooms.
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