The US has realised that China is cutting lucrative deals in South America as more nations are joining Beijing's Belt and Road Initiative.
Making it easier for companies to raise funds through genuine equity or debt offers, Sebi unveiled a slew of measures to bring to book those running illegal money-pooling schemes and indulging in other fraudulent activities.
In a volte-face, Pakistan's cabinet on Thursday rejected the proposal of a high-powered committee to import cotton and sugar from India, with Foreign Minister Shah Mahmood Qureshi asserting that there can be no normalisation of ties until New Delhi reverses its decision to revoke the special status of Jammu and Kashmir.
'The Hindu society has suffered a lot in the past. People are extremely hurt due to some unpleasant events'
Markets regulator Securities and Exchange Board of India (Sebi) is examining allegations of front-running and other irregularities against a host of domestic fund managers across the asset management industry, said people in the know. Developments at Axis Mutual Fund have prompted the regulator to speed up probe to ensure that there is no drop in confidence in the Rs 39-trillion mutual fund (MF) industry. "We have received complaints against a few fund managers and are looking into possible violations, including those related to code of conduct," said a regulatory source, refusing to divulge names of fund houses as things are at a preliminary stage.
'Ladakh too is politically paralysed and in limbo, as Rafale jets roar above Leh and Israeli arms dealers prowl the town.'
The United States National Archives has released never-before-seen photographs taken in the White House the day terrorists flew planes into the World Trade Centre that show how Dick Cheney and George Bush reacted as the horror unfolded.
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
'Just waiting outside the prison gate, thinking that your mother is inside those walls even though you know she is innocent, affects your psyche.'
"Pakistan Air Force continuously monitored the complete flight path of the flying object from its point of origin in Sirsa in India till its point of impact near Mian Channu and initiated requisite tactical actions in accordance with standard operating procedures," Pakistan Army spokesman Major General Babar Iftikhar said.
He appears to prefer controlled environments and secure, guided outcomes. In this format, he seems to be at home across scales ranging from a studio-based interview to giant stadiums. It highlights the significance of control in the ruling dispensation's idea of narrative, observes Shyam G Menon.
With terror and investments high on his agenda for talks with the UAE leadership, Prime Minister Narendra Modi on Sunday began his two-day trip to this strategic Gulf nation with a visit to the historic Sheikh Zayed Grand mosque, the world's third largest.
Kerala Governor Arif Mohammed Khan on Sunday stepped up his attack on the Left government and Chief Minister Pinarayi Vijayan by accusing the latter of directing the police not to lodge a case when he was heckled at the Kannur University in 2019.
In its complaint filed in 2011, the SEC alleged that Gupta disclosed confidential information about Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs
IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
With days to go before the new tax regime around crypto assets kicks in, several investors are reportedly either booking profits, rejigging their portfolios or moving their crypto assets to their private wallets outside of India. Starting April, gains from trading in crypto and other virtual assets like non-fungible tokens (NFTs) will be taxed at a flat 30 per cent, as announced in the Union Budget. And, 1 per cent of tax will be deducted at source (TDS) on every transaction involving crypto and other virtual assets. The new tax regime also bars investors from offsetting losses from one crypto asset (such as Bitcoin) against gains from another (say, Ethereum).
Another extension for General Bajwa in office at this juncture looks unlikely at this juncture, observes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
A casual clearance sale purchase has yielded a cache of remarkable photos never publicly seen before, all depicting the clean up operation in New York following the September 11, 2001 terrorist attack. The images, taken from overhead and on the ground, show workers and heavy machinery moving rubble from the base of the World Trade Center in the days and weeks following 9/11. The photographer is believed to be a man who was one of many tasked with cleaning up the site. Jason Scott, an American archivist and historian, said on Twitter he was given a cache of about 2,400 photos found on rotting CDRs. He then made them public on photo-sharing site Flickr.
Party insiders concede statements of the Raja kind have the potential to hurt the DMK's electoral chances in closely-fought seats in 2024, observes N Sathiya Moorthy.
Williams had signalled her intention to retire in a Vogue article in early August, saying she was "evolving away from tennis" but never confirming the U.S. Open as her final event.
Amid the ongoing Monsoon Session of Parliament, a heated argument broke out between Congress MP Ravneet Singh Bittu and Shiromani Akali Dal MP Harsimrat Kaur Badal on Thursday when the former accused the latter of getting the farm laws enacted while she was a minister in the Union Cabinet, and added that she 'doing drama' over the laws and showing 'fake support' to the farmers' cause.
Trade pundits and quick think piece experts can speculate all they like, but what works at the box-office is a mystery as always.
The industry feels two factors have played a role in improving the offtake and reducing trade inventory - one is that the supply chain in pharmaceuticals has more or less stabilised, and secondly, with lockdown curbs easing and OPDs opening, some demand has grown at the consumer end as well.
The US spent $1.5 million a day since 2001 fighting the opium war in Afghanistan. After hundreds of airstrikes failed to curtail the Taliban's $200-million-a-year opium trade, the US military quietly ended the campaign when the Trump administration officials engaged in direct peace talks with the Taliban, notes Atanu Biswas.
'You want to play for a leader like that, who gives you that confidence.'
After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal.
Wipro, HCL in race for Sebi's fraud detection system upgrade,
Some Manchester United fans had previously urged Musk on Twitter to consider buying the club
Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.
Of the 11 people allegedly involved, seven are women and four men, including juveniles. While the seven women have been arrested, police are trying to ascertain the age of the two others picked up, officials said.
Keep your mobile number and e-mail updated. When you receive the weekly report on cash holdings, check to ensure there is no discrepancy between the amount you have kept with the broker and what the latter has reported, advises Sanjay Kumar Singh.
The government is considering a provision to provide an exit window to holders of cryptocurrencies (cryptos), keeping in mind that banning them outright could deal a blow to investors sitting on them for years. According to sources in the government, the framework in the making may propose a grace period of three to six months for investors before prohibiting the possession, trading, mining, and issuing of cryptos. A group of secretaries chaired by the Cabinet secretary is learnt to have met in mid-March and discussed issues associated with cryptos, including the consequences of banning them and also on possible substitutes of blockchain technology - an advanced technology Bitcoin uses.
The data leak obtained by 'The Australian' newspaper has revealed how the alleged CPC members are employed with some of the world's biggest corporations in the areas of defence, banks and pharmaceutical giants manufacturing coronavirus vaccines.
Sun Pharmaceutical Industries will take a call on whether to shut Ranbaxy's troubled factories or make changes in the top management of the latter only after its $4-billion acquisition deal is complete.
India is much better placed today to deal with future waves of the pandemic relative to the first wave, RBI deputy governor Michael Patra said.
Does the "story" of a Mani Ratnam film come first or does its "spirit" asks Sreehari Nair.
"I did not resign. Moments ago I was fired. Being the US Attorney in SDNY will forever be the greatest honour of my professional life," Bharara tweeted from his personal verified Twitter account, making a reference to his jurisdiction the Southern District of New York.
The PM's visit would signal a strong intent towards making sure India becomes a beneficiary as vaccines become a massively traded commodity in the coming years.
FTIL stock on Thursday fell by over 60 per cent in early morning trade, while that of Multi Commodity Exchange plunged by 20 per cent following concerns about another group entity National Spot Exchange Ltd.
