News for 'National Spot Exchange'

MCX sees bank guarantee withdrawal by brokers

MCX sees bank guarantee withdrawal by brokers

Rediff.com9 Aug 2013

Brokers have only kept guarantees for which they have open positions.

MCX stake sale: Reliance Capital wants FMC to intervene

MCX stake sale: Reliance Capital wants FMC to intervene

Rediff.com26 Apr 2014

Largest bidder says FTIL not following correct process and MCX not extending cooperation; FTIL and MCX say cooperating fully

How to make 1,245 tonnes of wool disappear without trace

How to make 1,245 tonnes of wool disappear without trace

Rediff.com5 Aug 2013

National Spot Exchange data shows huge amount of wool going out of its warehouse, but a visit to the storage reveals a different picture.

Indian firms, banks cautious as Sri Lanka battles financial crisis

Indian firms, banks cautious as Sri Lanka battles financial crisis

Rediff.com21 Jan 2022

Banks and companies in India are taking a cautious approach towards Sri Lanka, which, reeling from a financial crisis, has sought a $1-billion loan from the country to import essential commodities. A senior State Bank of India (SBI) executive said the bank was committed (to Sri Lanka) for the long term. "As far as exposures (are concerned), the bank will be cautious on its dollar exposure to Sri Lankan entities till the situation improves," he said.

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Rediff.com17 Jun 2022

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

'Khalistan is a business'

'Khalistan is a business'

Rediff.com12 Apr 2023

'Khalistanis can be divided into three categories: Firstly, hardcore ideological people. They are microscopic, not even 1%.' 'Secondly, those who consider Khalistan a business.' 'The third category that has built the narrative of Khalistan are those who gain from polarisation.'

Sebi asked to disclose details on grant of licence to MCX-SX

Sebi asked to disclose details on grant of licence to MCX-SX

Rediff.com20 Jan 2014

Hearing an appeal against the market regulator's denial of information sought through Right to Information Act, the Appellate Authority has ruled the process relating to grant of recognition of MCX-SX in 2008 has been completed.

Send Rajan back to Chicago if you want to see economic growth at 10%: Swamy

Send Rajan back to Chicago if you want to see economic growth at 10%: Swamy

Rediff.com17 Jun 2016

Subramanian Swamy said if income tax is abolished, middle class will deposit money in banks which can be invested in manufacturing.

Odd Balls from the Euros

Odd Balls from the Euros

Rediff.com12 Jul 2021

There was as much action off the field as on it during the month-long Euro 2020 championships.

NSEL fraud: I-T turns the heat on brokers

NSEL fraud: I-T turns the heat on brokers

Rediff.com9 Oct 2013

Department seeks investor database on the suspicion of fictitious investors.

Sensex ends 200 points lower; Tata Steel among main losers

Sensex ends 200 points lower; Tata Steel among main losers

Rediff.com12 Sep 2013

The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.

Is your broker misleading you?

Is your broker misleading you?

Rediff.com9 Mar 2015

How both brokers and NSEL misled the investors.

Brokers on the warpath against FT group, NSEL

Brokers on the warpath against FT group, NSEL

Rediff.com14 Aug 2013

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.

What is keeping wealthy investors shy away from equity related investments

What is keeping wealthy investors shy away from equity related investments

Rediff.com21 Feb 2014

The recent NSEL crisis has prompted even rich and diehard equity investors to shift to safer fixed income products.

China's PLA extends unprecedented military drills around Taiwan

China's PLA extends unprecedented military drills around Taiwan

Rediff.com8 Aug 2022

China on Monday continued its unprecedented military drills around Taiwan, extending the schedule of war games launched in retaliation to the visit by US House Speaker Nancy Pelosi to the breakaway island which Beijing claims is part of its territory.

Currency slide: India, other emerging markets in soft spot

Currency slide: India, other emerging markets in soft spot

Rediff.com17 Sep 2013

According to a new report published by Switzerland-based BIS, which is also referred as 'bank for central banks', the US Federal Reserve's announcement of a possible phasing out of easy money regime has resulted in 'abrupt and sizeable' equity market losses in both advanced and emerging markets.

Another onion crisis in the offing

Another onion crisis in the offing

Rediff.com4 Jun 2014

Shortage of seeds, threat of El Nino expected to restrict sowing.

NSEL scam: Jignesh Shah remanded in ED custody till July 18

NSEL scam: Jignesh Shah remanded in ED custody till July 18

Rediff.com13 Jul 2016

ED lawyer Hiten Venegaonkar contended that huge amount of money was laundered and Shah's acts constituted a very serious economic offence

CBI begins probe against Jignesh Shah, ex-Sebi chief Bhave

CBI begins probe against Jignesh Shah, ex-Sebi chief Bhave

Rediff.com14 Mar 2014

Case relates to alleged irregularities in '08 sanction to MCX-SX; Shah grilled in NSEL case.

4 soldiers killed as fidayeen target army camp 4 days before I-Day

4 soldiers killed as fidayeen target army camp 4 days before I-Day

Rediff.com11 Aug 2022

Two terrorists carried out a 'fidayeen' attack on an Army camp in Jammu's Rajouri district in the early hours of Thursday, killing three soldiers.

NSEL promoter Shah, ex-CEO Sinha blame each other for fraud

NSEL promoter Shah, ex-CEO Sinha blame each other for fraud

Rediff.com26 Oct 2013

Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse which has affected over 13,000 investors.

Many hits, some misses by Sebi under U K Sinha

Many hits, some misses by Sebi under U K Sinha

Rediff.com15 Feb 2017

The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.

Aussie IPL stars return home; CA 'grateful' to BCCI

Aussie IPL stars return home; CA 'grateful' to BCCI

Rediff.com17 May 2021

They will all be spending two weeks in a Sydney hotel for the mandatory quarantine.

Australia selectors face Paine-ful headache ahead of Ashes

Australia selectors face Paine-ful headache ahead of Ashes

Rediff.com23 Nov 2021

While form is important, Tim Paine's hopes of retaining his spot may ultimately rest on whether selectors feel he might be a major distraction amid the pressures of an Ashes series.

18 things that will shape India's economy this year

18 things that will shape India's economy this year

Rediff.com8 Jan 2018

As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.

PIX: Portugal, Poland, Senegal punch ticket to Qatar World Cup

PIX: Portugal, Poland, Senegal punch ticket to Qatar World Cup

Rediff.com30 Mar 2022

Images and a round-up of all the World Cup qualifiers played across continents on Tuesday.

What PM told the nation: 'Secrecy was essential for this action'

What PM told the nation: 'Secrecy was essential for this action'

Rediff.com9 Nov 2016

Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.

US Open PIX: Alcaraz wins thriller; Swiatek, Tiafoe in semis

US Open PIX: Alcaraz wins thriller; Swiatek, Tiafoe in semis

Rediff.com8 Sep 2022

A summary of Wednesday's action at the US Open.

ISIS operative armed with IEDs held in Delhi; major attack averted

ISIS operative armed with IEDs held in Delhi; major attack averted

Rediff.com22 Aug 2020

The two IEDs he was found with were 'fully ready' and just needed to be activated with a timer, police said. Security was stepped up in the national capital and in neighbouring Uttar Pradesh following the arrest.

Now eggs and potatoes on BSE, NSE's trading menus

Now eggs and potatoes on BSE, NSE's trading menus

Rediff.com17 Apr 2019

While NSE is exploring 8-10 new agri-commodities, BSE is eyeing as many as 15, most of which aren't traded on any other online derivative exchange in India.

Sports Shorts: Indian men's hockey team achieves all-time highest ranking

Sports Shorts: Indian men's hockey team achieves all-time highest ranking

Rediff.com2 Mar 2020

Summary of sports events and persons who made news on Monday.

The Lokpal is no magic wand to fight corruption

The Lokpal is no magic wand to fight corruption

Rediff.com8 Jan 2014

A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar.

15 things that Indian markets expect in 2015

15 things that Indian markets expect in 2015

Rediff.com1 Jan 2015

2015 is set for a lot of changes - and some that we would like to happen

Militants attack CRPF party in Manipur's Tamenglong district

Militants attack CRPF party in Manipur's Tamenglong district

Rediff.com4 Jul 2013

Militants opened fire at a Central Reserve Paramilitary Force party at Noney in interior Tamenglong district of Manipur leading to an intense exchange of fire, police said.

Sreesanth calls it quits after roller-coaster journey

Sreesanth calls it quits after roller-coaster journey

Rediff.com9 Mar 2022

Sreesanth is open to playing in overseas leagues and coaching roles

Why I-bankers are laughing all the way to bank

Why I-bankers are laughing all the way to bank

Rediff.com3 Jan 2022

Driven by a historic IPO boom that saw 63 issuers, led by new-age tech companies, garnering a whopping Rs 1.2 lakh crore ($16.6 billion) from the primary market, investment bankers laughed their way to the bank collecting $1.1 billion in fees in the year just gone by, making it the highest-ever advisory fees collected, says an industry report. At $16.6 billion, the initial public offers (IPO) set a lifetime record in 2021, bettering the previous record of $10.8 billion in 2017 by a wider margin. While the number of IPOs more than doubled from a year ago to 63, the proceeds were more than four-times the amount raised from the same period previous year and the momentum is likely to continue as more IPOs are anticipated next year, with mother of all issues, LIC issue, expected to boost proceeds next year much higher, it said.

18 jawans missing after Chhattisgarh Naxal encounter, search on

18 jawans missing after Chhattisgarh Naxal encounter, search on

Rediff.com4 Apr 2021

A search operation was underway on Sunday to trace 18 security personnel who went missing after a fierce gun-battle with Naxals in a forest along the border of Bijapur-Sukma districts in Chhattisgarh, police said.

CBI set to probe NSEL crisis

CBI set to probe NSEL crisis

Rediff.com27 Sep 2013

I-T dept investigating black money angle; FM hints against bailout for bourse's investors.

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Rediff.com17 Jun 2021

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.

PICS: Canada stun US to win men's 4x100 relay gold

PICS: Canada stun US to win men's 4x100 relay gold

Rediff.com24 Jul 2022

Images from the World Athletics Championships in Eugene, Oregon, on Saturday, Day 9.