The Securities and Exchange Board of India (Sebi) is working on a new payment system for the secondary market, which could prevent brokers from accessing their client funds. It will be on the lines of the Application Supported by Blocked Amount (ASBA) process used for subscribing to initial public offerings (IPOs), where funds move out of an investor's bank account only after the trade is confirmed. Sebi chairperson Madhabi Puri Buch on Wednesday said that despite the challenges, the new system would be ready in a few months.
Raising the issue during Zero Hour, Congress member Jagdambika Pal said the move had led to a flourishing black market and made a strong demand for raising the cap of LPG cylinders from six to at least 12.
Get Ahead reader Rajan Kanagasabai reviews RIM's latest entry into India and the tablet market BlackBerry PlayBoook in response to our reader invite.
The manipulation is suspected to have spread across the world.
A comforting soup with bold flavours.
Sports Minister Mahindananda Aluthgamage has expressed displeasure over the facilities extended to President Mahinda Rajapaksa and Sri Lankan ministers at last Saturday's World Cup final against India at Mumbai's Wankhede Stadium, a report said on Sunday.
The idea is first to reach 10,000 cases as soon as possible. The imported spirit segment is really growing. \n\n
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
'If I had to highlight one area that will do well, it is the financial assets -- that is the private sector banks, insurance and mutual funds.'
Yet again, it's a south dubbed film and a Hollywood release which are bringing on some business at the box office while Bollywood is struggling.
'The low tax to GDP ratio of the country will go up, helping the government to adhere to fiscal discipline and keep inflation in check.'
When Union Finance Minister Pranab Mukherjee came to the All India Congress Committee headquarters on Tuesday evening to meet the Congress Working Committee members and party office bearers and hear their suggestions on what should be incorporated in the coming budget for the aam admi, he was bombarded with suggestions.
The Bombay high court on Thursday directed the Maharashtra government to investigate how celebrities and politicians procured anti-COVID-19 drugs and injections to help those in need when the same were available only in scarce quantities across the country.
In the longer-term, analysts expect IHCL to see revenue CAGR of 15 per cent between FY23 to FY25 and Ebitda CAGR of 20 per cent in the same period. Analysts are seeing targets of around Rs 375-Rs 380 for the stock, which is a significant upside from the current Rs 313.
One of the biggest worries of a car owner is somebody stealing their vehicle.
Besides, a sharp 8% decline in Chinese stocks added to the sell-off in domestic equities
Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements.
Work in mandis across UP and in northern India which till Tuesday, witnessed heavy arrivals of newly harvested paddy, saw a steep decline.
Toyota Kirloskar Motor (TKM) on Wednesday launched new version of its premium sedan Camry Hybrid in the country priced at Rs 41.7 lakh (ex-showroom). The sedan now comes with a new front bumper, grille and alloy wheels, a floating type bigger 9-inch infotainment system, among others. Further, the self-charging hybrid electric sedan is now available in a new exterior colour of Metal Stream Metallic in addition to the existing colours of Platinum White Pearl, Silver Metallic, Graphite Metallic, Red Mica, Attitude Black, and Burning Black.
First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.
Describing state and district officials as 'field commanders' in the fight against COVID-19, Prime Minister Narendra Modi on Tuesday said localised containment zones, aggressive testing and sharing correct and complete information with people are weapons to defeat the pandemic.
Expressing concern over rising prices, the Congress party on Monday asked the government to deal with the issue of inflation with candour and courage and take stern action against hoarding and black-marketing.
Market volatility means while the market can rise sharply, it can also go down dramatically. As a result, those who have invested their money will see the value of their investment sway sharply. Particularly new investors are affected during the market crash, when they see their investments being wiped out. Hence it is important for every smart investor to tackle market volatility intelligently.
The explosive, however, remained "undetected" during the demining exercise conducted a day before the attack on Wednesday, they said.
Terming coronavirus as a big health crisis before humanity, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Thursday said the only way to break the chain of transmission and contain COVID-19 cases is for people to 'close down everything' till May 15.
International Tea Day is a good occasion to brew a special pot of chai.
Former Mumbai Cricket Association vice-president Ratnakar Shetty filed a civil suit in a local court seeking a stay on the five-year ban imposed on him by the sport body, from whom he has demanded damages of Rs 50 lakh for "tarnishing his reputation".
The agency found that PDS kerosene oil is being diverted to the open market at many places.
If you live outside Patna, you ought to have a lantern in your house. Large parts of Bihar go without electricity for days, thanks to the massive power shortage the state faces. With power generation options looking bleak in the distant future, Bihar continues to live in the dark on sundown. M I Khan reports
'If it weren't for Om Puri, a whole range of our big city experiences wouldn't have found their honest representations on the screen.'
The Union Health Ministry on Wednesday told the state governments to crack down on people hoarding and black-marketing swine flu drug Oseltamivir and masks used as protection against the disease, warning that their "shortage will not be tolerated."
Prime Minister Manmohan Singh on Saturday said the Centre and states should not hesitate to take strong measures, including against hoarders and black marketeers, to check the spiraling prices of essential commodities in the wake of delayed and deficient monsoon."In short, the contingency plan for crops, drinking water, human and animal health, fodder, etc should be brought into operation without delay and a close watch kept on availability of foodgrains," he said.
Top officers across various ministries participate in the meeting that started at 8 pm on Saturday. The meeting is currently underway. The country is currently witnessing a second and more severe wave of the pandemic.
Demonetisation impact, earnings growth, central bank policies will get attention.
The government has capped the trade margin on oxygen concentrators at 70 per cent in order to keep in check the price of the much in demand critical life saving component amid the second wave of the coronavirus pandemic. The trade margin has been capped at 70 per cent on price to distributor level on oxygen concentrators. In an official release, the chemicals and fertilisers ministry said the decision has been taken in view of the extraordinary circumstances arising due to the pandemic which has resulted in volatility in Maximum Retail Prices (MRP) of oxygen concentrators.
'Meiteis started feeling insecure stating that the illegal immigrant population is growing in the valley, and that the majority community would become a minority.'
Indore-based textiles firm Neo Corp is the latest in a series of Indian names that have been published in the official gazette of the Swiss govt.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances