Domestic benchmark equity indices may see a positive trading sentiment on Friday thanks to a spectacular rally in world markets after the US President Donald Trump announced to put tariff hikes on hold for 90 days, excluding China from the reprieve. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti. Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries marking a rather unexpected U-turn after record high levies he imposed led to global stock market meltdown.
'We are not opposed to any Indian language. We are against Hindi imposition.'
Social stock exchange (SSE) saw its first listing on Wednesday, with SGBS Unnati Foundation becoming the first entity to take this route to avail financing. The foundation - engaged in vocational training of youth - raised Rs 1.8 crore from four investors. These include brokerage firm Zerodha and National Bank for Agriculture and Rural Development (Nabard).
India's stock markets are experiencing a shift in investor sentiment, with a 30 per cent surge in Chinese stocks, prompting investors to move money from domestic markets to China. This reversal of fortunes is a notable change from the past three years, where China's losses benefited India.
In an effort to attract investors to the Social Stock Exchange (SSE), the bourses have reached out to the Securities and Exchange Board of India (Sebi) and the government with the industry's demand for additional benefits on contributions made towards social enterprises through the platform. SSE is a regulated platform to facilitate organisations working towards social causes to raise funds and have access to higher capital through the bourses. The platform is aimed at becoming a meeting ground for donors and social enterprises.
The Central Bureau of Investigation on Friday took into custody three railway personnel in connection with the June 2 Balasore train accident, making its first arrests in the case, officials said.
Earlier in July, it was announced that Murray and Kim are expecting their second baby.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
The champion's 24th win from 25 professional fights sets up the prospect of a mouth-watering unification clash next year with fellow Briton Tyson Fury who holds the WBC belt.
A local court on Thursday extended police remand of Shivraj Puri, the main accused in the Rs 300 crore (Rs 3 billion) Citibank fraud, by 6 days as police sought time to recover an iPad used by the mastermind to communicate with his clients.
The Championships that commenced on August 2, will go on till August 12. And over the last four days the action has been incredible. As the saying goes, pictures speak louder than words, Rediff.com brings you some exhilarating action from the ongoing European Championships...
Symbiosis School of Economics (SSE) opens admissions to the BSc Ecnomics course (3-year full-time programme).
Here's what your favourite Hollywood stars have been up to.
Seeking to retain its manufacturing prowess, Chinese government has launched a "Made in China" campaign with a host of tax concessions coinciding with Prime Minister Narendra Modi's "Make in India" pitch.
Tata Steel has lost the bidding battle for Vietnam's Vinausteel and SSE Steel after losing a vote on the resolution for its sale and purchase agreement by Vietnam Industrial Investments, the parent company of the two steel makers.
China and India, the 'twin engines' of Asian economic growth, have decided to step up their cooperation in the stock exchange sector for the first time with both sides inking an agreement to this effect.
A summary of sports events and persons who made news on Monday
The decision will embolden populists across the continent.
The Hindi-speaking concertgoers reportedly staged a walkout.
A summary of sports events and persons who made news on Saturday
Sports events produce a multitude of highly amusing and crazy celebrations. Individual and team players have various way of celebrating victory, a goal or point. Some do it with a high-five, blow a kiss, cartwheel or dance. And on the soccer field, it's a soccer ball baby!
India has more service companies, such as IT and healthcaresectors, which always trade at a premium to the overall market.
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