The Securities and Exchange Board of India (Sebi) is likely to notify soon stricter derivatives trading norms aimed at curbing speculative trading activity and curtailing losses of over Rs 50,000 crore incurred by retail investors every year. Based on the feedback received from industry participants, seven measures proposed by the market regulator in a consultation paper in July may be implemented with minor tweaks ahead of its forthcoming board meeting, said sources.
'The visit of the honourable PM with the workable strategy towards conflict resolution will help greatly.' 'But visiting the state without concrete proposals may not bring the desired outcome at this stage.'
The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals - including recruitment, matrimony, real estate, education, and upside from its holdings in companies such as Zomato - had prompted Goldman Sachs to upgrade the stock. Info Edge's standalone revenue grew 10.6 per cent year on year (Y-o-Y) in Q2FY25, beating consensus. 99acres (+16.9 per cent Y-o-Y) and Jeevansathi (+33 per cent Y-o-Y) were drivers of growth while recruitment grew 8.5 per cent Y-o-Y.
The ongoing agitation has also led the Federation of All India Medical Association to warn that it would declare a nationwide "complete shutdown of medical services" if any "any harm befalls brave junior doctors".
'The struggle of insurgents and pro-independence political activists is fuelled by a deep conviction that not only is a free Balochistan possible, but they also believe that Pakistan will inevitably break apart, leading to Balochistan's independence.'
Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.
'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'
Ajanta Manufacturing Limited (Oreva Group) was responsible for the operation and maintenance of the British-era suspension bridge on the Machchhu river in Morbi that collapsed on October 30 last year, days after its repairs.
'People worship Krishna. People don't worship Ved Vyas, who wrote the Mahabharata.' 'It's a cultural thing because we don't see the heroes behind the screen, we see the heroes who are in front of the screen.'
Delhi Metro on Thursday said it has withdrawn a poster on breast cancer awareness that asked women 'to check your oranges' but the questions remained -- does the metaphor obscure the message, does it help women in a cloistered society get comfortable or more awkward by sexualising a body part.
Hindustan Unilever (HUL) will closely assess the global initiatives of its parent under the productivity programme and evaluate what works best for its business and people, said the company. The statement from HUL comes after its parent Unilever recently told its employees that it will cut a third of office-based jobs in Europe by the end of 2025. "We will closely assess the global initiatives of Unilever under the productivity programme and evaluate what works best for our business and our people," HUL told Business Standard.
Seething with anger the banned United Liberation Front of Asom has called for a 12-hour dawn to dusk Assam bandh on Tuesday for demanding the release of human rights activist and chief convenor of the ULFA-constituted People's Consultative Group Lachit Bardoloi.
'There's a very strong feeling of sisterhood that I feel is missing in Indian households.' 'I genuinely advocate the feeling of sisterhood because I feel that some of the strongest bonds, friendships and support groups could be our immediate relatives.'
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
The militant outfit had withdrawn its call asking the people to boycott the 33rd Indian National Games.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Insurance behemoth Life Insurance Corporation of India (LIC) is the fourth largest insurer in the world, according to a ranking based on life and accident & health reserves of companies in 2022 by S&P Global Market Intelligence. The state-owned insurer is ranked after Allianz SE, China Life Insurance Company, and Nippon Life Insurance Company. According to the report, LIC's reserves stood at $503.7 billion. Germany's Allianz SE ($750.20 billion), China Life Insurance Company ($616.90 billion) and Nippon Life Insurance Company ($536.80 billion) are the top three insurance companies in the world.
F&O trading is a zero-sum game where one person's loss is another's gain. Only one per cent of traders gained the money lost by 93 per cent, warns Harsh Roongta.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
The top court also took note of the submissions about objectionable public utterances by some groups and individuals.
Tech giant Microsoft regained the top spot in the list of best employers to work for in India in 2024, followed by Tata Consultancy Services (TCS) and Amazon, according to a Randstad Employer Brand Research report released on Wednesday. Microsoft had topped the list in 2022, but slipped to fifth in 2023. The 2024 list is based on responses from 3,507 people.
The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.
Sensing the frustration gripping a section of members of People's Consultative Group (PCG) over the stalled peace process between the banned United Liberation Front of Assam (ULFA) and the Centre, ULFA chairman Arabina Rajkhowa said that the outfit wouldn't object to any of the PCG members leaving the group according to their wish.
Modi can abandon the path of Hindutva only at risk to his position within his own fraternity. But if he pursues a hard line, he faces the risk of being hauled up by his coalition-partners. For the first time in a decade, Modi is not in enviable situation, observes Nilanjan Mukhopadhyay.
Modi said laws which divide the country on communal lines and become a reason for inequality have no place in a modern society.
In a statement e-mailed to the media, ULFA chairman Arabinda Rajkhowa said the people of Assam should be prepared to carry out more difficult agitational programmes in future if the 'Indian occupational force' continued with its repressive design to annihilate people's effort for a peaceful political solution to the conflict.
Tata Electronics on Saturday began the construction of its Rs 27,000-crore chip assembly plant in Assam, which is expected to become operational next year and create 27,000 jobs initially. The plant will produce 4.83 crore chips per day using indigenously-developed technologies. The plant's Bhumi Pujan (foundation stone laying) ceremony was held at the project site at Jagiroad in Morigaon district in the presence of Assam Chief Minister Himanta Biswa Sarma and Tata Sons Chairman N Chandrasekaran.
'The non-biological PM's capacity for malice, mischief, and maligning of history knows no bounds. It was on full display today from the Red Fort'
The PCG has protested against the Kakopathar police firing that left nine dead.
Singh's wife and daughter, his father Colonel K P Singh (retd), mother Uma besides, other close relatives were also present there and bid a teary-eyed farewell to him.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
A vital link between the Government of India and the banned militant group, Hiranya, who is a member of the ULFA-constituted People's Consultative Group, alleged that he was warned over the phone by a person who identified himself as an ULFA cadre Bakul Deka.
The Union Cabinet on Wednesday approved the proposal for 'one nation, one Election' as recommended by the Kovind panel, Union minister Ashwini Vaishnaw said on Wednesday.
By proposing the addition of six permanent members this year, it may appear that it was a major concession, but in actual fact, it will make no difference to the privilege of the permanent five as the new six will have no veto, ever! points out Ambassador T P Sreenivasan.
The Assam police on Sunday arrested one of the key negotiators of the ULFA-nominated People's Consultative Group (PCG), Hiranya Saikia under the provisions of Unlawful Activities Prevention (UAP) Act, serving a lethal blow to the now dormant peace initiative.
Representatives of Citizen and Society Development Welfare, who have given the slogan of Dharavi Banao Andolan, met Srinivas and submitted a memorandum seeking expedition of the survey being conducted in Dharavi.
Ask rediffGURU Aashish Sood your CAT related questions.
Assam Chief Minister Tarun Gogoi said the PCG must make its stand clear on the issue of sovereignty. "The government wants to know the views of the PCG whether they are in favour of a sovereign Assam. If it is, what is the point in talking about holding discussions and allowing things to prolong?"
'In India, political parties want to portray their leaders as cinematic heroes critical of their opponents.' 'This is where memes come into play.'
ULFA chairman Arabinda Rajkhowa on September 8 nominated a 11-member group of public representatives to initiate preliminary negotiations with the Centre.
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