The Delhi High Court has directed the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) to expedite their investigation into the Axis Bank-Max Life Insurance deal. This order follows concerns raised about the deal’s regulatory compliance and its impact on stakeholders. Background of the Deal Delhi High Court Axis…
RBI Tightens Liquidity Norms for Mortgage Lenders: A Comprehensive Overview The Reserve Bank of India (RBI) has recently implemented significant changes to the liquidity norms governing mortgage lenders, placing them on an equal footing with non-banking financial companies (NBFCs). This move is a notable shift in regulatory policy aimed at enhancing financial stability and ensuring…
US stocks rise as investors In a day marked by cautious optimism, Wall Street experienced a notable rise in stock prices as investors anticipated upcoming inflation data. This uptick in market performance reflects a broader sentiment of guarded optimism amidst a landscape of economic uncertainties and central bank policies. Here’s a comprehensive look at today’s…
Ahead of Maharashtra Polls, Sharad Pawar’s Maratha Quota Counter to Challenge Shinde SenaCounterstrike. Counter To Tackle Shinde Sena As Maharashtra prepares for its upcoming elections, political strategies are intensifying. One notable development is the move by Sharad Pawar and the Nationalist Congress Party (NCP) to introduce a Maratha quota as a strategic countermeasure against the…
IBPS Clerk PET Admit Card 2024 Released: How to Download The Institute of Banking Personnel Selection (IBPS) has officially released the admit card for the Clerk Pre-Examination Training (PET) for 2024. This is an important step for candidates preparing for the IBPS Clerk examination, as the PET is designed to assist aspirants from specific categories…
Top News Summary for August 12 1. Sensex and Nifty 50 Close Flat India’s benchmark indices, the Sensex and Nifty 50, ended the trading day on August 12 with minimal changes. The Sensex closed marginally up by 0.02% at 65,281.14 points, while the Nifty 50 inched up by 0.01% to 19,418.20 points. The flat performance…
Hindenburg Blackmail Allegations Fall Apart, Says Vijay Kedia Hindenburg blackmail plan falls apart, says Vijay Kedia Denunciation of Blackmail In recent developments, prominent Indian investor Vijay Kedia has weighed in on the Hindenburg report’s impact, labeling the blackmail allegations as unfounded. His remarks come amidst a backdrop of market turbulence and scrutiny surrounding the report’s…
Response from the Indian REITs Association: Countering Hindenburg’s Allegations Against SEBI Hindenburg allegations on SEBI The Indian Real Estate Investment Trusts (REITs) Association has come out strongly against the recent allegations made by Hindenburg Research regarding the Securities and Exchange Board of India (SEBI). The association labels these allegations as “baseless and misleading,” asserting that…
Week Ahead: Key Market Triggers – Q1 Earnings, India’s CPI Data, Dividends, Hindenburg Report, and IPOs As the financial landscape evolves, several important events are set to shape market movements in the upcoming week. Investors will need to stay alert to a variety of factors, including quarterly earnings reports, economic indicators, dividend announcements, the impact…
Sumeet Bagadia’s Stock Picks for August 12: An In-Depth Review stocks to buy on Monday Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — August 12 As investors look for opportunities in today’s dynamic market, Sumeet Bagadia, a respected market analyst, has identified three stocks that are worth considering for purchase…