Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.
The Delhi Stock Exchange, which was closed around eight years back due to a variety of reasons, will re-start operations in the next two months.
DSE, which is gearing up to resume its operations this diwali after a gap of about seven years, is in talks with various closed regional stock exchanges across the country to provide them its trading platform. Though there is no official confirmation on the names of the regional bourses, sources at DSE say talks with stock exchanges in Indore, Ludhiana, Jaipur, Ahmedabad, Kanpur and Bangalore are in the final stages.
Sebi has allowed the Delhi Stock Exchange members to trade on the National Stock Exchange as part of the efforts to bring liquidity and life to the ailing bourse, which has remained almost tradeless for the last two years.
The DSE Association has changed its status to DSE Ltd to facilitate its process of demutualisation and listing on the leading bourses of the country, Bharat Bhushan Sahni, the chairman of DSE Demutualisation Committee, said.
Debroy's economic interests and research work covered numerous areas such as economic theory, income inequality, and infrastructure financing.
Indian athletes won 15 medals including eight gold in an international event for disable athletes.
DSE keen to merge with regional bourses
Financial Technologies India Ltd, media house TV18 and Liberty Shoes are among the seven bidders interested in buying a stake in Delhi Stock Exchange as the defunct bourse gets ready to restart operations.
'Dynastic politics has become a tool of convenience for political parties. The BJP does not hesitate to accept it when it comes to its own alliance or party candidates. The same goes for the others.'
While movie stars like Akshay Kumar, Amitabh Bachchan and Salman Khan are among the top I-T payers, very few of the wealthiest Indians figure on the list.
Finding "serious irregularities" in the functioning of Delhi Stock Exchange, Sebi on Wednesday withdrew the recognition granted to the bourse.
Delhi Stock Exchange's (DSE) struggle to end its life without hurting the diverse interests of its multiple stakeholders will continue into another year.
Comparing the Delhi School of Economics with Oxford and Cambridge, Prime Minister Manmohan Singh Wednesday asked the prestigious institution to benchmark globally to retain and attract students from India and abroad.
The exchange may now look to its real estate business for cash flows
Sources said HDFC Bank and Canara Bank would act as clearing houses. DSE had completed the demutualisation process in 2007 by selling 55 per cent stake to investors.
Equity markets in Pakistan and Bangladesh are tiny compared to the market capitalisation of the Indian equity market.
India is better positioned to face external shocks emanating from increasing geopolitical tensions, the aftermath of the COVID pandemic and the inevitability of climate change, Reserve Bank Deputy Governor Michael Debabrata Patra said on Monday. Relative to macroeconomic configurations in 2013 when India was described as one of the fragile five countries, he said, "India is better positioned currently, as its macroeconomic fundamentals have improved significantly, and external sector indicators point to the availability of enough cushions to manage external shocks." He was speaking at a conference on 'Growth And Development in the BRICS Economies' organised by the Delhi School of Economics (DSE) and the Indian Statistical Institute (ISI).
The government on Monday appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shankanka Bhide as members of the rate-setting Monetary Policy Committee of the RBI
Gives 90 days time to dispose stake in four entities.
Having sounded a 'high alert' on volatile movements in the market and to save small investors, Sebi chairman G N Bajpai will launch a practical guide for household investors, prepared by the Delhi Stock Exchange, in New Delhi on Saturday.
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