The Securities and Exchange Board of India (Sebi) has proposed measures mandating daily upstreaming of all investor funds from stockbrokers to clearing corporations (CCs). The step, aimed at reducing risk on client funds, will further deplete brokers' revenues as they will lose interest income with transfers being done daily. At present, stockbrokers convert the surplus funds into bank guarantees (BG) or fixed deposit (FD) receipts which earns them extra income.
The submissions were made in an affidavit filed in response to a batch of pleas challenging the Centre's 2016 demonetisation decision.
ITC Ltd on Friday reported a 23.09 per cent increase in consolidated net profit at Rs 5,070.09 crore for the third quarter ended December 2022, helped by growth momentum across its operating segments. The diversified company had posted a net profit of Rs 4,118.80 crore during the October-December quarter of the previous fiscal, ITC said in a regulatory filing. Its revenue from operations was up 3.56 per cent to Rs 19,020.65 crore during the quarter under review, as against Rs 18,365.80 crore in the corresponding period of the previous fiscal.
The decision to send the Pakistan team for the ODI World Cup in India next year will be taken at the government level, newly-appointed Pakistan Cricket Board chairman Najam Sethi said.
'To the youth, I will say work hard. One minute of work will not get you anything. I have worked hard for the past 20 years, 2002 was the first time I won a gold medal.'
The Samajwadi Party (SP) said through a post on its official Twitter handle that the premises of its MLC Pushpraj alias Pampi Jain in Kannauj, Uttar Pradesh, have been raided.
The press briefing seemed a deliberate decision to let the army convey its angst to Imran directly, observes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.
Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.
India defeated West Indies by six wickets in the first ODI to take a 1-0 lead in the three-match series.
Nadal confirmed the rumours that he will be a father soon.
Milwaukee led by 18 in the third quarter before Philadelphia used a 23-9 run to tie the game at 108 mid-way through the final period.
The order for Mohan's release follows the cabinet nod for amending the prison rules under which, previously, those involved in serious cases like the killing of a government servant could not be released even after the elapse of 14 years.
Goa's second airport began operations last week and if all goes according to plans, the state will be the base for a new regional airline, Fly91. Promoted by the ex-executive vice-president of now grounded Kingfisher Airlines, Manoj Chacko, and Fairfax India's former head, Harsha Raghavan, the airline will offer no-frills buy on board product and serve unconnected routes with two ATR 72 aircraft. An application for the initial no-objection clearance was filed with the civil aviation ministry last week.
Tharoor also said the Congress must decentralise authority and truly empower the grassroots office-bearers of the party.
Pakistan wants ICC to regulate growth of T20 leagues
'A microcosm of India, inclusive and welcoming'. For years, Pragati Maidan was the centre of Delhi's social life.
Teen Murti Bhavan served as the official residence of India's first prime minister Jawaharlal Nehru.
India has already sent relief materials to Turkiye in four military transport aircraft.
Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.
The new timing will remain in force till July 15 and result in an estimated saving of Rs 40-42 crore during the two-and-a-half month period, said Mann who, along with his staff, arrived at the Civil Secretariat in Chandigarh at 7.28 am.
'I would say Board president is Board president but yes the Indian cricket team captain is also a big thing. But talking badly about each other in public, I don't think it is a good thing, whether it is Sourav or Kohli.'
TMC MP Abhishek Banerjee had addressed a public meeting in Kolkata on March 29.
"If we would have ended the day at 4 or even 5 wickets, things would have been better. I still feel if we get 350 in the first innings, it will be a good score on this track as there is a turn (on offer) and we have three spinners.
Finding form is only a matter of time as long as one remains confident about their abilities, said South Africa batter Rilee Rossouw after smashing a memorable hundred against India following two zeroes in the first two T20s in the just-concluded series.
Sunrisers Hyderabad's inability to hold their wickets against quality bowling came to the fore in the IPL match against Lucknow Super Giants on Friday, and their chief coach Brian Lara pointed out that "losing a lot of wickets in clumps" was not helping matters.
In his letter to Modi, Kharge hit out at the railway minister for seeking a Central Bureau of Investigation probe, saying the law enforcement agency is meant to investigate crimes, not railway accidents.
"There is no alternative to dialogue, and somebody has to engage with somebody to find a way out and it stands true for J&K as well," she said.
The scribes currently registered with the BCCI will continue to receive press releases and regular updates before and after every match.
Raising the issue during Zero Hour, Gandhi demanded immediate withdrawal of the objectionable question and a review into the 'gravest lapse'.
He may have been hailed as The Great Reformer in nations elsewhere, but in his motherland, Mikhail Sergeyevich was a hate figure for his policies ending the chimera of Russian dominance in the world.
Here's how beginners can follow a very practical approach for finding stocks for long term investing and building a decent portfolio.
The Congress-led opposition stepped up its attack on Friday against the government over the Adani row and demanded that there should be a thorough investigation into what they alleged was a 'mega scam' as it involved public money.
CSK has been aiming for 200-plus strike rates on good batting surfaces to put up imposing totals, said opener Devon Conway.
India captain Rishabh Pant feels his team lacked execution with the ball despite putting enough runs on the board to suffer a seven-wicket defeat at the hands of South Africa in the first T20 International.
Security and intelligence agencies will soon be provided with a new platform which is technologically advanced, secure and helpful in dealing with new age criminals and anti-social elements, officials said on Wednesday.
At the moment, there appears to be no alternative political narrative to the one lying buried under the debris of havoc caused on this front by the fallout of 'August 5, 2019', asserts Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
Former India captain and chairman of selectors Dilip Vengsarkar feels Board of Control for Cricket in India president Sourav Ganguly was wrong in airing his views on behalf of the national selectors over Virat Kohli's captaincy saga.
The board reminded Osaka that 'a core element of the Grand Slam regulations is the responsibility of the players to engage with the media'
The FIR states that the Kanjhawala police station received three PCR calls that the naked body of a woman was found near Hanuman Mandir, Jonti village.
