News for 'Market Committee'

Selecting next RBI chief: Scrap the committee, use the old system

Selecting next RBI chief: Scrap the committee, use the old system

Rediff.com28 Jun 2016

An early choice will also allow Mr Rajan to do some hand-holding.

BJP, TMC spar over stripping of 2 women in Malda

BJP, TMC spar over stripping of 2 women in Malda

Rediff.com22 Jul 2023

A purported video of the incident showing the mob beating the women up mercilessly on Wednesday was shared in the social media by Amit Malviya, the head of BJP's IT cell on Saturday.

Sebi proposes enhanced disclosure requirements for high-risk FPIs

Sebi proposes enhanced disclosure requirements for high-risk FPIs

Rediff.com1 Jun 2023

The Securities and Exchange Board of India (Sebi) has proposed stricter disclosure norms for certain foreign portfolio investors (FPIs) to bring in more transparency and trust against the backdrop of the Adani-Hindenburg Research saga. Under the new norms, FPIs with an exposure of more than 50 per cent to a single group or with assets of over Rs 25,000 crore will be tagged as 'high risk' and will be required to provide additional information such as full identification of their ownership, economic interests, and control rights. A failure to provide these disclosures will lead to invalidation of the FPI registration.

India has delinked from the emerging markets pack

India has delinked from the emerging markets pack

Rediff.com1 Apr 2017

Economist Abheek Barua's insight into the global and domestic economy at the turn of the financial year.

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

Rediff.com7 Jul 2023

This case is the largest investigated by the Pandemic Response Accountability Committee Fraud Task Force to date, US Attorney for the Northern District of Texas Leigha Simonton said in a press release.

Maha to amend agri law to protect farmers' interests: Minister

Maha to amend agri law to protect farmers' interests: Minister

Rediff.com9 Jun 2021

The Maharashtra government will amend its agriculture law to protect farmers and Agriculture Produce Marketing Committees (APMCs) as the three central farm laws are not in the interest of agriculturists, state Revenue Minister Balasaheb Thorat said.

Panel suggestions likely to lessen farmers' woes

Panel suggestions likely to lessen farmers' woes

Rediff.com24 Apr 2018

Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.

BJP banks on Bhagwat confidant to win Modi's hometown

BJP banks on Bhagwat confidant to win Modi's hometown

Rediff.com2 Dec 2022

As one moves towards Vadnagar, local issues such as high prices of cattle feed and inflation becomes louder.

What does govt have to do with Adani issue, asks BJP

What does govt have to do with Adani issue, asks BJP

Rediff.com3 Feb 2023

The SEBI and the RBI will look into it. Let their reports come in, BJP MP Mahesh Jethmalani said.

All Eyes On M&M-RBL Bank Saga

All Eyes On M&M-RBL Bank Saga

Rediff.com14 Sep 2023

Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.

All set to hold G20 Summit, Delhi turns into a fortress

All set to hold G20 Summit, Delhi turns into a fortress

Rediff.com8 Sep 2023

Security has been beefed up across the national capital, especially in New Delhi district, on the eve of the G20 summit with police, paramilitary forces and other agencies maintaining a hawk-eye vigil in the city, officials said on Friday.

GAAR recommendations boost markets

GAAR recommendations boost markets

Rediff.com3 Sep 2012

The overall breadth is positive as 873 stocks are advancing while 425 are declining.

Nuh violence spills over into Gurugram, mosque, eatery torched

Nuh violence spills over into Gurugram, mosque, eatery torched

Rediff.com1 Aug 2023

Mobs killed a cleric in a late night attack on a mosque, torched an eatery and vandalised shops as communal violence that began in Haryana's Nuh spilled over into Gurugram, taking the death toll to five, the police said on Tuesday.

Kolkata market fire brought under control after 2 days

Kolkata market fire brought under control after 2 days

Rediff.com18 Sep 2018

At the moment the process of "cooling down" was on at the Bagree Market and 15 fire tenders have been pressed into service for it.

Adani speaks: Interest of my investors is paramount

Adani speaks: Interest of my investors is paramount

Rediff.com2 Feb 2023

Embattled billionaire Gautam Adani on Thursday spoke publicly for the first time since his ports-to-energy conglomerate publicly battled a short seller's accusation of stock manipulation and accounting fraud, saying the abrupt move to withdraw a fully-subscribed share sale at his flagship firm was due to market volatility. His group continued to lose on the stock market, with the cumulative rout now nearing $108 billion in a week -- one of the biggest wipeouts in India's history. "After a fully subscribed follow-on public offering (of Adani Enterprises Ltd), yesterday's decision of its withdrawal would have surprised many.

India limits wheat exports through the govt route as prices rise

India limits wheat exports through the govt route as prices rise

Rediff.com27 Feb 2023

India has put curbs on wheat exports through the government route, starting November last year. This comes amid a surge in domestic prices of the cereal. In December, India exported 391 tonnes of wheat to Bangladesh and Bhutan. In November 2022, it had exported 375 tonnes of wheat only to Bhutan.

Tripura: Cong, Left team 'probing' post-poll violence attacked

Tripura: Cong, Left team 'probing' post-poll violence attacked

Rediff.com11 Mar 2023

A fact-finding team of MPs and MLAs from the Left parties and the Congress, which arrived in Agartala on Friday to look into post-poll violence in Tripura, was attacked in Sepahijala district, police said.

Farmers continue to block Delhi-Chandigarh highway over MSP for sunflower seeds

Farmers continue to block Delhi-Chandigarh highway over MSP for sunflower seeds

Rediff.com13 Jun 2023

Farmers blocked the national highway in Pipli in Haryana's Kurukshetra district for a second day Tuesday over the MSP for sunflower seeds, with BKU leader Rakesh Tikait asking the state government to accept the demand or send farmers to jail.

Investing In Shorter-Duration Debt Funds?

Investing In Shorter-Duration Debt Funds?

Rediff.com27 Jun 2023

'They can transition from short to long-duration funds when the yield curve normalises.'

Can't Defeat Modi Using Caste Census!

Can't Defeat Modi Using Caste Census!

Rediff.com19 Oct 2023

Will a caste census make tens of millions desert Mr Modi?, asks Shekhar Gupta.

'A slip-up can break trust of investors'

'A slip-up can break trust of investors'

Rediff.com3 Jan 2023

'Strong regulations are crucial for the orderly development of the market.'

Early exit of Acharya will not roil markets: SBI report

Early exit of Acharya will not roil markets: SBI report

Rediff.com24 Jun 2019

The report said that "we believe, institutions are more important than individuals" and ultimately what is important is the credibility and the independence of any institution and nothing else.

Deloitte flags 3 Adani Port transactions; contractor named in Hindenburg report

Deloitte flags 3 Adani Port transactions; contractor named in Hindenburg report

Rediff.com31 May 2023

Auditor Deloitte flagged three transactions, including recoveries from a contractor identified in the Hindenburg report, as it issued a qualified opinion on the accounts of Adani Ports & Special Economic Zone.

Govt ready to amend farm laws if needed: Rajnath

Govt ready to amend farm laws if needed: Rajnath

Rediff.com11 Feb 2021

The new laws aim at fetching fair price for farmers' produce and give them liberty to sell it wherever they wish, the Union minister further said.

Buyback through exchanges to be phased out: Sebi

Buyback through exchanges to be phased out: Sebi

Rediff.com20 Dec 2022

Capital markets regulator Sebi on Tuesday decided to gradually phase out buyback of shares by companies through the stock exchange route to address the drawbacks associated with the existing mechanism. Sebi chairperson Madhabi Puri Buch said the regulator has chosen the tender offer route for share buyback as the present mode is vulnerable to favouritism. "This is a glide path and will lead to the phasing out of the present buyback mode (through stock exchange route)," she told reporters after its board meeting in Mumbai.

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

Rediff.com16 Feb 2023

A fresh PIL was filed on Thursday in the Supreme Court seeking a probe by multiple central government agencies under the supervision of a panel or a former apex court judge against the Adani Group of companies following allegations of fraud and share price manipulation made by the US-based Hindenburg Research.

PCB unhappy with ICC's revenue sharing model

PCB unhappy with ICC's revenue sharing model

Rediff.com16 May 2023

"In principle, India should get more, there is no doubt about that but ... how is this table being developed?" Sethi said.

Rahul Gandhi unfurls national flag at Lal Chowk in PM-like security

Rahul Gandhi unfurls national flag at Lal Chowk in PM-like security

Rediff.com29 Jan 2023

Taking a 30-minute break from the Kanyakumari to Kashmir foot march at Sonawar, Gandhi drove to the Pradesh Congress Committee headquarters on Maulana Azad Road before heading to the clock tower, locally known as 'Ghanta Ghar', to unfurl the tricolour.

Number of farmers at Ghazipur protest site goes down

Number of farmers at Ghazipur protest site goes down

Rediff.com20 Nov 2021

However, the farmers are still protesting, demanding a law on MSP. Besides MSP, the farmers are also demanding a resolution for the livelihood of the families of the 700 farmers who died while protesting against the three farm laws.

Ex-BPCL chief Arun Kumar Singh to head ONGC

Ex-BPCL chief Arun Kumar Singh to head ONGC

Rediff.com7 Dec 2022

Arun Kumar Singh, former chairman of oil refining and marketing company BPCL, was on Wednesday appointed chairman and managing director of ONGC -- the first instance of a retired person being appointed the head of a Maharatna PSU. "The Appointments Committee of Cabinet (ACC) has approved the proposal of ministry of petroleum and natural gas for appointment of Arun Kumar Singh, ex-CMD, BPCL as chairman, ONGC for a three-year tenure with effect from the date of his assumption of charge of the post," an official order said. PTI first reported of Singh's appointment on November 17.

Reinventing Capitalism For The Digital Age

Reinventing Capitalism For The Digital Age

Rediff.com16 Jun 2023

US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.

'Housing sector seeing biggest boom in last 15 years'

'Housing sector seeing biggest boom in last 15 years'

Rediff.com21 Mar 2023

India's housing sector is witnessing probably the "biggest boom" in the last one and half decade driven by various factors such as affordability and customers aspiration to own homes, HDFC Capital Advisors Managing Director and CEO Vipul Roongta said on Tuesday. Addressing a real estate summit organised by FICCI, he noted that the residential real estate segment has revived strongly after going through a lot of pain due to new realty law RERA and demonetisation. "In the last one and half decade, I think this is probably the biggest boom I am personally seeing as an organisation on the residential segment, whether it is affordable mid-income and premium housing properties," said Roongta, who is also co-chairman, FICCI Real Estate Committee.

India likely to raise funds from interest-soft overseas markets

India likely to raise funds from interest-soft overseas markets

Rediff.com9 Jul 2019

Some international markets offer interest rates as low as one per cent, which could reduce the government's interest cost significantly.

RBI may maintain status-quo on interest rate, say experts

RBI may maintain status-quo on interest rate, say experts

Rediff.com30 Jul 2023

The Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review despite the US Federal Reserve and the European Central Bank hiking benchmark rates, as domestic inflation is within the RBI's comfort zone, say experts. The borrowing cost which started rising in May last year has stabilised with RBI keeping the repo rate unchanged at 6.5 per cent since February when it was raised from 6.25 per cent. In the previous two bi-monthly policy reviews in April and June the benchmark rate was retained.

Pause now, lower later: Repo rate cuts may start by year-end

Pause now, lower later: Repo rate cuts may start by year-end

Rediff.com18 Apr 2023

Higher for longer' may be the narrative in the developed markets, but interest rates might not stay high for very long in India, with a section of the market expecting rate cuts to begin this year. The six-member Monetary Policy Committee of Reserve Bank of India (RBI) decided to keep interest rates unchanged at 6.5 per cent in the April review - after hiking the policy repo rate in six previous meetings. RBI Governor Shaktikanta Das emphasised that the pause was only for the April policy and that the central bank was ready to act if the situation demanded.

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Rediff.com16 Sep 2022

Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

Budget: Experts seek higher farm investment, market reforms

Budget: Experts seek higher farm investment, market reforms

Rediff.com5 Jun 2014

In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.

ED summons Maha NCP chief in IL&FS money laundering case

ED summons Maha NCP chief in IL&FS money laundering case

Rediff.com11 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency in Mumbai on Friday, they said. Patil, a former minister of home and finance, is also the Maharashtra president of the NCP and is a seven-term legislator.

In Modi's Amritkal, Worrying Decline Of Economy

In Modi's Amritkal, Worrying Decline Of Economy

Rediff.com13 Jul 2023

NITI Aayog has not said what the reasons were for having achieved or not having achieved what was sought to be achieved, or what lessons can be learned for the future, points out Aakar Patel.

Protests in Punjab as man attacks priests, desecrates holy book in gurdwara

Protests in Punjab as man attacks priests, desecrates holy book in gurdwara

Rediff.com24 Apr 2023

The Punjab police arrested Jasvir Singh after the incident and booked him for hurting religious sentiments and attempt to murder.