The court also left it to the discretion of the State Election Commission to take a call on extension of time for filing of nominations, refusing to consider a prayer in this regard.
The cap in G-Secs and corporate bonds now stands at $10 billion and $20 billion, respectively (up from $5 billion and $15 billion).
American sprinter Tyson Gay notched the world's best 100m record of 2011 with a 9.79sec run at an event in Clermont, Florida.
India's inspirational para-athletes achieved their stated goal of 25 medals and remained on course for more in Paris on Thursday.
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.
India is concerned that SEC might have influenced rating given to the country by Fitch.
A summary of Indian athletes' showing at the Paralympics in Paris on Saturday.
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.
Despite steady loan growth, the banking sector is expected to report subdued margins in the quarter ending June 2024 (Q1FY25), driven by high demand for deposits amidst tight liquidity conditions. However, according to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit. Estimates showed that banks' net interest income (NII), and revenues from interest minus interest expenses might grow 11.9 per cent Y-o-Y.
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.
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.
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.
'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'
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.
The apex court, which dismissed the pleas filed by the West Bengal government and the State Election Commission (SEC) challenging the high court order, said the tenor of the high court order was ultimately to ensure free and fair election in the state.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
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.
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.
Barack Obama on Thursday named Mary Schapiro, head of the securities industry's self-regulatory body, as chair of the Securities and Exchange Commission.
Internet connections remained suspended even as prohibitory order under CrPC Section 144 was still in place in and around the area where several shops and residences were vandalised during the clashes, he said.
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.
The court directed the State Election Commission, the state government and the central government to file affidavits dealing with all the allegations made in three petitions alleging malpractices.
G-secs offer good liquidity, high safety. If the interest rate dips, as is widely expected, these could give you higher gains.
The State Election Commission on Friday informed the Calcutta high court that it has requisitioned 822 companies of central forces for the July 8 panchayat polls in West Bengal.
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.
Investors not comfortable investing directly may take the mutual fund route, where they get exposure to a diversified portfolio of bonds.
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.
Base metals major Hindalco's overseas subsidiary, Novelis, has submitted a draft registration with the US Securities and Exchange Commission (SEC) for the proposed public offering of promoters' shares. Novelis' sole shareholder, AV Minerals (Netherlands) NV, is a 100 per cent subsidiary of Hindalco. Novelis would not receive any proceeds from the sale. Assuming SEC clearance could go through in about 6 months.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
A key reason for the rise in crypto currencies in 2023 is the possibility of the world's first Bitcoin ETF over the next few months.
Stemming from the default of IL&FS in September, on various debt instruments including commercial papers, bonds and loans, the financial sector has been facing a liquidity crunch for the last eight to ten weeks.
Jyothi Yarraji and Jeswin Aldrin win silver each in Asian Indoor Athletics Championships
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.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
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.
South Goa district collector Jyoti Kumari issued orders imposing Section 144 of the Code of Criminal Procedure, 1973.
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.
Head coach Thomas Dennerby was a witness to the 'incident' and it was he, who immediately informed the AIFF.
