US-based hedge fund Jane Street, which allegedly made handsome gains through market manipulation, has deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. The watchdog is examining the request, Sebi said in a statement on Monday.
You have to grow, and grow fast - that's the DNA of the JSW group, chairman Sajjan Jindal said as JSW Cement made its debut on the stock market mid-August. The remark captured not just the moment but also the momentum of JSW's growth story.
Markets regulator Sebi has proposed introducing a single window access for low risk foreign investors seeking to participate in the Indian securities market, a move aimed at simplifying compliance and enhancing the country's attractiveness as an investment destination.
'The statistical confidence bands of the fan charts of the forecasts will provide a better sense of the potential variability of outcomes.'
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours.
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
Canadian forward Olivia Smith, 20, is the first female player to break the seven-figure barrier.
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
Ola Electric could gain market share in the near term with relatively less disruption expected due to rare earth magnets shortage, according to a report by Goldman Sachs. The company has successfully developed heavy rare earths (HRE) free motors which are scheduled for production deployment in Q3 FY26.
Glimpses from India and around the world that will make you smile and cry.
A special court in Chhattisgarh's Bilaspur district granted bail to three persons, including two nuns from Kerala, arrested on charges of human trafficking and forced religious conversion.
The Kerala BJP has contradicted the Chhattisgarh Chief Minister's justification of the arrest of two Keralite Catholic nuns, stating they were not involved in human trafficking or forced conversion attempts and promising to help them.
'The way our President was greeted, that itself shows how far India has come.' 'People were aware of who she is, people know who our prime minister is.' 'Everybody knows India now and everybody respects India.'
The voice of the six bells of St Peter's Basilca announced that the Church has its new Pope.
'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'
NDRF deploys cadaver dogs and rescue teams to flood-ravaged Dharali village in Uttarkashi, Uttarakhand, to search for survivors. ITBP evacuates pilgrims from Gangotri.
In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.
US President Donald Trump has posted a seemingly AI-generated photo of himself in papal attire on his social media, sparking a dueling backlash and praise. The image, which was also posted from the White House's social media handle, prompted many social media users to call it "cosplaying as the next Pope." The photo comes days after Trump had jokingly said last week that he would be his own "number one choice" for the next pope. The president posted the picture at 10:29 pm Friday, without a caption or comment. The post immediately garnered positive and negative reaction online.
The country's largest listed gold jewellery maker, Titan Company, maintained its growth pace in the April-June quarter of 2025-26 (FY26).
Glimpses from India and around the world that will make you smile and cry.
The Securities and Exchange Board of India (Sebi) has approved a proposal from a startup to test fractional shares in its innovation sandbox, marking a potential shift in the Indian equity landscape. This represents a change in stance from 2021, when Sebi rejected a similar proposal in the regulatory sandbox, primarily due to concerns over the custody of fractional shares.
In a post on X, Zelenskyy said, 'Good meeting. We discussed a lot one-on-one. Hoping for results on everything we covered. Protecting lives of our people. Full and unconditional ceasefire. Reliable and lasting peace that will prevent another war from breaking out. Very symbolic meeting that has potential to become historic, if we achieve joint results. Thank you POTUS.'
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
Private sector ICICI Bank on Friday said its board has approved additional 2 per cent increase stake in its asset management arm ICICI Prudential Asset Management Company. The board of the bank on Friday approved purchase of up to 2 per cent additional shareholding in the ICICI Prudential Asset Management Company, ICICI Bank said in a regulatory filing.
Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.
Benchmark stock indices Sensex and Nifty declined on Monday, extending the losing run to the fourth day amid selling in IT shares and foreign fund outflows. The 30-share BSE Sensex dropped by 247.01 points or 0.30 per cent to settle at 82,253.46. During the day, it fell 490.09 points or 0.59 per cent to 82,010.38 but recovered some of the losses towards the close.
On May 7, 2025, the conclave to elect a new pope began.
'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'
'It is daunting, for sure, because you're rowing upstream.'
Titan, HCL Tech and State Bank of India were also among the laggards. However, Hindustan Unilever, Asian Paints, ICICI Bank, Power Grid, HDFC Bank and ITC were the gainers.
Four cardinals from India, including two from Kerala, are eligible to vote in the upcoming conclave to elect the new Pope. Only cardinals under the age of 80 are eligible to vote, as per the regulations. Anthony Poola, the Archbishop of Hyderabad; Filipe Neri Cardinal Ferrao, the Archbishop of Goa and Daman; Cardinal Baselios Cleemis of the Syro-Malankara Church; and George Koovakkad, the newly appointed cardinal, are the four who can cast votes in the upcoming conclave.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
Xavi, it is learnt, "sent an email from his own account" to apply for the post.
Wicket-keeper Jonny Bairstow confident of England recall with T20 WC in sight.
The papal conclave, the process to elect a new Pope, is set to begin on Wednesday, May 7, 2025, following Pope Francis' death. The event takes place within the Sistine Chapel in Vatican City and involves the College of Cardinals.
Congress leader Rahul Gandhi and other UDF MPs protest the arrest of Catholic nuns in Chhattisgarh, alleging religious persecution by the BJP government and demanding their immediate release.
Holi, the festival of colours, was celebrated across India with traditional fanfare and gaiety.
BJP state chief Rajeev Chandrasekhar stated that the arrest of two nuns in Chhattisgarh was due to a 'misunderstanding' and that they will be released on bail soon. He met with Archbishop of Trichur Andrews Thazhath to brief him that the Prime Minister and Union Home Minister have assured the nuns would be released on bail.
Markets regulator Sebi on Monday announced that it has allowed Jane Street, the US-based proprietary trading firm accused of market manipulation, to resume trading after the company deposited the mandated Rs 4,843.57 crore in an escrow account. The move comes after Jane Street complied with Sebi's directive, issued in the interim order dated July 3, to deposit the amount in an escrow account.
Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. The 30-share BSE Sensex tumbled 705.65 points to 81,702.52 in early trade. The 50-share NSE Nifty dropped 182.85 points to 24,929.55.
