The US regulator Securities and Exchange Commission has appointed heads of five new specialised units, in a move to rebuild its enforcement programme.
The Supreme Court on Monday refused to interfere with the Delhi high court verdict granting bail to former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of National Stock Exchange (NSE) employees.
The cap in G-Secs and corporate bonds now stands at $10 billion and $20 billion, respectively (up from $5 billion and $15 billion).
Indian para swimmer Suyash Jadhav on Wednesday secured the 2024 Paris Paralympics quota in the Men's 50m Butterfly S7 category with his brilliant performance at the previous Asian Para Games.
American sprinter Tyson Gay notched the world's best 100m record of 2011 with a 9.79sec run at an event in Clermont, Florida.
In its closure report submitted before a special CBI court New Delhi, the agency is understood to have said it did not find enough evidence to prosecute the accused.
The repolling started at 7 am amid tight security with four central forces personnel deployed in each booth, besides state police. Till 11 am, 10.9 per cent voter turnout was recorded.
India is concerned that SEC might have influenced rating given to the country by Fitch.
Investors not comfortable investing directly may take the mutual fund route, where they get exposure to a diversified portfolio of bonds.
US market regulator Security and Exchange Commission and Sebi (Securities and Exchange Board of India) are not in favour of a joint investigation into the Satyam case, a top source said.
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
Jyothi Yarraji and Jeswin Aldrin win silver each in Asian Indoor Athletics Championships
Dr Zachariah P Zachariah, arguably the most influential Indian- American Republican and a major fund-raiser for the party for more than two decades and a close friend of the Bush family, has been charged with insider trading by the United States's Securities and Exchange Commission.
The cryptocurrency exchanges in India have got a fresh lease of life following the bull run in Bitcoin, which briefly hit a new all-time high of more than $69,000. Siddharth Sogani, managing director of CREBACO, expects the price to cross $1,00,000 by the end of the year. This will see a sharp reversal in the Indian market, which has largely been dormant since the new tax regime was implemented in 2023.
In a setback to the West Bengal government, the Calcutta high court on Friday directed that panchayat elections in the state be held in three phases using central armed forces on dates decided by the State Election Commission, observing that primacy of the commission was not negotiable.
The Enforcement Directorate's (ED's) chargesheet in the National Stock Exchange (NSE) illegal phone-tapping case points to insider trading during the tenures of Chitra Ramkrishna and Ravi Narain as managing director and chief executive officer of the bourse. The federal agency will soon be sharing the details with the Securities and Exchange Board of India (SEBI) for further inquiry, two people aware of the findings told Business Standard. The ED, which filed its prosecution complaint (commonly known as chargesheet), alleged that Narain and Ramkrishna were the "key conspirators" and had assisted iSec Services to generate money to the tune of Rs 24 crore for exchanging crucial information, the people said.
The Securities and Exchange Commission will issue rules next month to curb trading abuses in the mutual fund industry that favour large institutional investors over individual shareholders, SEC Chairman William H Donaldson has said.
Citigroup Inc has defended its $75 million settlement with the Securities and Exchange Commission over under-declaration of its subprime mortgage exposure, setting the stage for a federal judge to decide on whether to approve the deal, according to a media report.
'Higher inflows into these securities should lead to lower borrowing costs for the government.'
The Union government on Monday indicated it was hopeful of a favourable reply from the US Securities and Exchange Commission to a request for being lenient on scam-hit Satyam Computers, thereby allowing it to remain on the rehabilitation track."We are expecting to get a fair judgment (from the SEC)," ministry of corporate affairs' Secretary, R Bandyopadhyay, said here at an interactive session organised by the Bengal Chamber of Commerce and Industry.
Short-term government bonds fell behind longer-dated securities in demand this month so far due to a liquidity crunch in the banking system and expectations of a delay in a rate cut, said market participants. Investors have favoured longer-tenure government bonds, or g-secs, with insurance companies and pension funds leading the charge by stocking up on those with maturities of 30 years and more. Preference for longer-term securities was strengthened by the conclusion of the borrowing programme, which compelled institutional investors to fulfil their requirements in the secondary market.
FMPs remain an option for investors who believe interest rates could head downward over time and wish to lock in the current rates. TMFs have very low expense ratios, which makes them cost-efficient.
South Goa district collector Jyoti Kumari issued orders imposing Section 144 of the Code of Criminal Procedure, 1973.
US regulator SEC has asked an appeals court to affirm a district court's decision that India-born former Goldman Sachs director Rajat Gupta pay a $13.9 million penalty and be banned for life from serving as director of a public corporation.
The US government has asked a court in New York to slap a maximum penalty of $15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm for his "terrible breach of trust" by indulging in insider trading.
Barack Obama on Thursday named Mary Schapiro, head of the securities industry's self-regulatory body, as chair of the Securities and Exchange Commission.
The ministry of home affairs (MHA) on Monday sent a letter to the West Bengal State Election Commission (SEC) seeking details of the need for additional 485 companies of central forces, for which it has sent a requisition, an official said.
Arjun Lal Jat and Arvind Singh won a silver medal in the men's lightweight doubles sculls event in rowing at the Asian Games.
Head coach Thomas Dennerby was a witness to the 'incident' and it was he, who immediately informed the AIFF.
The Delhi high court on Thursday granted bail to former Mumbai police commissioner Sanjay Pandey in connection with a money-laundering case related to alleged illegal phone-tapping and snooping of National Stock Exchange (NSE) employees.
Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
RBI Governor Shaktikanta Das on Thursday said the central bank does not "emulate" others when it comes to regulations and asserted that the bank's as well as his own opposition to cryptocurrencies remain unchanged, a day after US regulators allowed bitcoin Exchange Traded Funds (ETFs). He also said that emerging markets and the world cannot afford to have a "crypto mania". "What is good for another market need not be good for us.
Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
G-secs offer good liquidity, high safety. If the interest rate dips, as is widely expected, these could give you higher gains.
The Tamil Nadu government filed a criminal complaint in a sessions court in Chennai on Wednesday against state Bharatiya Janata Party president K Annamalai for defaming Chief Minister M K Stalin.
Monday's move indicated China was refusing to yield in talks with the United States over access to Chinese audit papers, trying to keep foreign regulators off what it sees as its turf.
Supreme Court judge Justice DY Chandrachud has said that the decriminalisation of Section 377 of IPC by the apex court has enabled queer people to emerge as legally empowered citizens.