Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.
Importantly, is there hope going forward?
With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.
Uncertainty lingers in the minds of retail investors due to scams.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
'I was shocked by the kidnapping episode. I could have lost my life.'
The e-commerce sector gave a much higher average hike of 16-20 per cent to its executives.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
Fairfax Financial Holdings made three investments in a month
Raghavendra Kamath reports on what ails India's real estate sector.
Around two dozen flour mills with its maida supply dedicated to Nestle have stopped production.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
Frozen mutual funds and shares worth Rs 86.72 crore belong to Choksi and his group, and the rest are owned by the Modi group.
The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
The study says the entire supply chain of goods and services will suffer a massive liquidity shock.
'Whatever the reforms the Supreme Court has approved for BCCI, it won't be possible to implement it all.'
'The thing we fondly call FB has come a long way from the cute baby dimples it had in 2006.' 'Today the dimples are long gone and FB looms over us as Mr Hyde, designing the news we see with algorithms that determine what we might want to see; allowing companies to empty our pockets as we hug it good morning and to lobotomise us as we sleep,' says Mitali Saran.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Once a stock market darling, the jewellery chain heads for liquidation.
Department seeks investor database on the suspicion of fictitious investors.
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
Few top honchos of India Inc did very well in 2014.
When big offers hit the market, broader indices corrected 2-4%
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.
KK Sinha is a director in 2 firms - Gobinda Tea Trading and Kriti Infrastructures.
'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
11th-hour debt restructuring programme offered no concessions to creditors
Financial shares were the top losers.
At the time of filling the KYC (Know Your Customer) documents (when joining), do not sign wherever you are asked to. In particular, look closely at the power of attorney (PoA) section, experts tell Sanjay Kumar Singh
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.