Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
The yellow metal witnessed some token buying but failed to take off on Dhanteras, a day considered auspicious for buying gold, silver and other valuables and is largely celebrated in North and West India.
FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
'It is not impossible that there will be some arrangement with the Congress in West Bengal after the ongoing local body polls.'
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
BSE will become the fourth player in currency derivatives in India
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
The Finance Ministry further said decision on seven FDI proposals has been deferred.
Tinesh Bhasin explains the pros and cons of trading in gold 'options', which were introduced in India this Dhanteras
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Gold could return 10% to 12% in the next two-three years.'
Eight FDI proposals worth Rs 1,311.54 crore (Rs 13.11 billion), including that of Norwegian telecom firm Telenor, have been cleared by the government on the basis of FIPB approvals.
The rupee resumed lower at 61.15 per dollar as against the last weekend's level of 61.07 at the Interbank Foreign Exchange market and hovered in the range of 61.15 and 61.28 before quoting at 61.24 per dollar at 1030 hours.
The RBI's macroeconomic report released after the close of markets said upside risks to food inflation remain and that it expects the retail and wholesale price inflation to remain above comfort levels.
The Indian currency resumed lower at 61.50 per dollar as against the last closing level of 61.46 at the Interbank Foreign Exchange Market.
Sebi has asked stock exchanges and other market participants to remain watchful of funds and entities with Iranian links, as the global inter-governmental agency FATF continues to classify Iran as one of the 'high-risk and non-cooperative jurisdictions' with respect to money laundering and terror financing activities.
Few top honchos of India Inc did very well in 2014.
IBM, HP and HCL, have evinced interest in Sebi's proposal to upgrade toolsused for detecting frauds.
The domestic currency spurted by 425 paise or 6.28 per cent in last five straight sessions.
Jewellers see flat gold sales this Dhanteras
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
Hordes of cows rampage through the fields, eating everything in sight. This is after the UP government banned slaughter of cattle. As a result, farmers whose cows become old and are a liability simply sets them loose.
Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, on Thursday told investigators that he was making "relentless" efforts to recover money from defaulters.
Economic Offences wing of Mumbai Police, which is probing the case, told the court that the investigating agency intended to file chargesheet against Shah and others on or before August 4.
Forex dealers will keenly watch, instead, if the central bank indicates more measures to stabilise the currency or gives a timeframe for its current action.
For now, the rupee is likely to remain dependant on global factors. The dollar held on to broad gains on Thursday after Fed chairman Bernanke said the central bank still expected to start scaling back its bond purchase programme later this year, but left open the option of altering that plan.
Brokers have asked for a longer session on poll result day and an additional one on May 17
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
Consumer sentiment seen better than last year's
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The Reserve Bank of India late on Wednesday unveiled rules to restrict how much its citizens and companies can invest abroad and announced additional curbs on gold imports.
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The plan being negotiated by US Senate leaders would end a partial government shutdown and raise the debt ceiling by enough to cover the nation's borrowing needs at least through mid-February 2014, a source familiar with the negotiations told Reuters.
NSEL scam: Brokers of IIFL, Anand Rathi, Geojit arrested.
The currency fell 3.4 per cent this week, and is below the levels at which it was trading on July 15 when the Reserve Bank of India unveiled its cash tightening steps to defend the currency.
The RBI stipulated on Thursday that foreign institutional investors would require a mandate from participatory note holders to hedge on their behalf.
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Trading activities of 26 entities, including Gitanjali Gems promoter Mehul Choksi and firms linked to Prime Broking, were suspended on Thursday by market regulator Sebi and the bourses, as part of a probe into suspected market manipulations.
Sinha started his tenure at Sebi a bit shakily making people wonder if he'd complete his three years. Eventually, he went on to stay twice that long.
Wipro, HCL in race for Sebi's fraud detection system upgrade,
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