Securities and Exchange Board of India (SEBI). File | Photo Credit: Reuters Markets regulator, Securities and Exchange Board of India (SEBI), has proposed a new framework for the Closing Auction Session (CAS) in the equity cash market, starting with highly liquid derivative stocks to determine the closing prices of shares. The proposal, if implemented, is…
The Securities and Exchange Board of India (SEBI) has sought public comments till September 15 on the proposals. File. | Photo Credit: Reuters Markets regulator SEBI has proposed raising the minimum order size for execution of trades in the block deal windows to ₹25 crore from the current ₹10 crore. The existing threshold had been in…
Union Minister of State for Commerce and Industry Jitin Prasada. File Photo: ANI Photo/Sansad TV The rate of rejection for Indian products by importing countries has fallen by 12.50% in June 2025 compared to June 2024, according to Minister of State for Commerce and Industry, Jitin Prasada, in response to a query raised by Viduthalai…
The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3-4 in New Delhi, the Council said in a memorandum | Photo Credit: Getty Images/iStockphoto The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3-4 in New Delhi, the Council said in a memorandum issued on…
U.S. Federal Reserve Chair Jerome Powell. File | Photo Credit: Reuters The dollar fell on Friday (August 22, 2025) after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank’s September meeting but stopped short of committing to cutting interest rates. “While the labour market appears to be in balance,…
Varun Goel, Senior Fund Manager, Mirae Asset Investment Managers (India). File | Photo Credit: Special Arrangement Varun Goel, Senior Fund Manager, Mirae Asset Investment Managers (India), said the euphoric phase of the Indian equity market is over, and investors should have more reasonable return expectations. “The period from 2019 to 2024 was a great five years…
President Droupadi Murmu has given her assent to the Income-tax Act, 2025, which will replace the archaic Income Tax Act, 1961. The Income Tax Act, 2025, will come into effect from the next financial year, beginning April 1, 2026. The new Act will make tax laws simple and reduce wordage in the legislation, making it…
Investors in sovereign gold bonds have more than doubled their investments as the yellow metal has been hitting new highs in the last few months. RBI has announced a schedule for premature redemption for 28 SGBs till March 26. These bonds were issued between May 2018 and March 2021. While SGBs are issued for eight…
Image used for representation purpose only,. | Photo Credit: Reuters The rupee fell 27 paise to close at 87.52 (provisional) against the greenback on Friday (August 22, 2025) as domestic equity markets ended weaker and the U.S. dollar strengthened ahead of the speech of Fed Chairman Jerome Powell. However, inflow of foreign funds and a…
RBI Executive Director Indranil Bhattacharyya | Photo Credit: LinkedIn The Central Board of Directors of Reserve Bank of India (RBI), at its meeting held in Lucknow, under the chairmanship of Governor Sanjay Malhotra, approved the nomination of Indranil Bhattacharyya, Executive Director, as an ex officio member of the Monetary Policy Committee (MPC). The Board assessed…
