The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes. In another significant move, the board reduced the timeframe for rights issues from the current 317 working days to just 23.
Kerala Chief Minister Pinarayi Vijayan on Monday urged various banks to write off the loans availed by landslide victims and survivors in Kerala's Wayanad.
So, will the members discuss the possibility of placing India and Pakistan in different groups in the league stage of the tournament to avoid Men in Blue's travel to the neighbouring country?
In a lifetime of teaching and leading priests in Latin America, which has the largest share of the world's Catholics, Bergoglio has shown a keen political sensibility as well as the kind of self-effacing humility that fellow cardinals value highly, says his official biographer, Sergio Rubin.
The death toll in the series of deadly landslides that rocked the hamlets of Kerala's Wayanad last week has touched 222, according to the state government on Monday.
The newly elected Pope Francis has made history in more ways than one. Being dubbed as the Pontiff of Firsts, Jorge Mario Bergoglio is the first non-European leader of the world's 1.2 billion Catholics in more than 1,000 years.
'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'
Captain Rohit Sharma and middle-order batter Ravindra Jadeja smashed defiant hundreds to drag India out of the doldrums and into a comfortable 326 for five on the opening day of the third Test against England on Thursday.
The construction of a Bailey bridge to connect the landslide-hit areas, where several people are believed to be stranded, alongside the deployment of sniffer dogs and over 1,000 rescuers from Central and state emergency response teams conducting massive search operations, constitutes one of the largest rescue efforts in the Wayanad, devastated by a deadly calamity.
England star Joe Root is cementing his status as one of the greatest players as he achieved new career-high rating in the latest ICC Men's Test Batter Rankings.
"I mentioned to sir (Ratan Tata) that the son of a fellow army officer was handicapped below the waist and needed a job," he told PTI from Pune where he now lives. "Vijay Bisht, son of my then colleague in M&G area HQ Lt Col B S Bisht, had sustained severe leg injuries after falling from a horse and I came to know he was looking for a job," he added. Tata said the needful would be done. And it was.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
The Nicaragua bound charter Legend Airlines Airbus A340 flight, that was grounded at Vatry airport in France for four days on suspicion of human trafficking, arrived in Mumbai on Tuesday, December 26, 2023.
In the June quarter of 2024-2025, smartphone exports hit $2 billion, well ahead of non-industrial diamond exports, which stood at $1.44 billion.
The Reserve Bank of India (RBI) has sought granular data from select non-banking financial companies (NBFCs) on their loan book growth. The details sought are on the outstanding product-wise portfolio and the annualised interest charged on them. The annualised interest slabs mentioned are as follows: less than 10 per cent, 10-20 per cent, 20-30 per cent, 30-40 per cent, 40-50 per cent, and above 50 per cent.
In a rare gesture accorded to few foreign dignitaries, United States President Barack Obama and his family received the Pope at the Andrews Air Force base outside Washington
Nathan Howard/Reuters captures glimpses of the MV Dali cargo ship which crashed into the Francis Scott Key bridge causing it to collapse in Baltimore, Maryland, USA.
'You have to have a plan and use every delivery wisely. I was very happy to execute it today and happy to contribute on that pitch.'
The two leader spoke privately for about 20 minutes.
2024 saw some of the most competitive and captivating cricket being played on the field.
In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.
The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India (SBI) chairman C S Setty has said. The US Federal Reserve's first cut in interest rates in more than four years is expected soon, triggering central banks in other economies to follow suit. "On the rate front, a lot of central banks are taking independent calls.
As many as 54 professionals will be shortlisted for the SEBI Young Professional Programme.
Flights from Delhi or Bengaluru, while they may still fly over Iran, depending on the route, have alternative paths that may take them through Central Asia or northern routes.
The minister added that many of the surviving children have lost their textbooks and certificates, among others, and the government will consider all these matters and help them after a discussion with the chief minister.
Aishwarya Rai Bachchan looked gorgeous in her first appearance at this year's Cannes International Film Festival.
Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India's (RBI's) monetary policy committee (MPC) in December, a rate cut in February also looks uncertain due to global uncertainties. Economists told Business Standard that unless domestic growth slows markedly, the outlook on rate cut remains unclear. India's headline inflation touched a 14-month high of 6.2 per cent in October, breaching the MPC's upper tolerance band of 6 per cent.
Framing the next chapter in Swiggy's journey as a responsible corporate citizen, co-founder and chief executive officer (CEO) Sriharsha Majety unveiled the company's eagerly awaited public listing. Majety, who has largely shunned the spotlight, shared reflections on his entrepreneurial path and the strategic pivots he and his co-founders navigated in building Swiggy. "We started with code aggregation, then pivoted to logistics, and that became Swiggy.
Saint Francis Institute of Technology presents IRIS 07 -- their 8th annual festival.
Early on March 26, 2024, the Francis Scott Key Bridge in Baltimore, Maryland, in the United States collapsed after it was struck by a container ship, the Dali.
A letter penned by a school student lavishing praise on soldiers involved in rescue operations in landslides-hit Wayanad has won the heart of the Indian Army, which gave him a touching reply through its social media handle.
Young wicketkeeper batter Robin Minz, who was signed by Gujarat Titans, met with a minor accident and is recuperating in a local hospital here, said Francis Minz, his father.
The football legend shared the VIP box with movie stars and businesspeople.
Sebi on Monday lifted restrictions imposed on 16 entities, including some former employees of Infosys, in a case pertaining to alleged insider trading activities in IT major shares. The regulator also directed that the prohibition slapped on six entities -- Amit Bhutra, Bharath C Jain, Capital One Partners, Tesora Capital, Manish C Jain and Ankush Bhutra -- through the interim order, along with the confirmatory order, will stand vacated with immediate effect, bringing an end to the matter. "I deem it fit to vacate the directions issued vide the interim order read with confirmatory order against noticees 2 to 7 and dispose of instant proceedings against all the noticees.
Raja Sen wishes Francis Ford Coppola, the legendary filmmaker who transformed The Godfather into an immortal screen classic, a happy 75th birthday.
'He has not played in Australia, or at least he has not played in Perth in a Test match on a wicket that bounces.'
'Personnel onboard the ship were able to alert the Maryland department of transportation that they had lost control of their vessel. As a result, local authorities were able to close the bridge to traffic before the bridge was struck, which undoubtedly saved lives,' Biden said.
Joseph Francis A Pereira, a citizen of Pakistan who currently resides in Cansaulim, south Goa, is the first in the state to be given an Indian citizenship certificate.
Despite a year seemingly filled with gloom and near constant reminders of humanity's failings, the Nobel Peace prize will reward a person, or organisation, who's worked tirelessly for peace despite the world's many hurdles.
On a five-day rolling basis, FPI selling is the highest in 24 years.
