Changing benchmark will trigger $3.6 bn inflows into domestic equities

funds

Business Standard

Foreign inflows of Rs 47,105 crore into debt in CY23 at 6-year high

FPIs

The carmakers cited high cost pressure, driven by overall inflation and increased commodity prices, behind the price hike plans

Global brokerage firm Jefferies has initiated coverage on the BSE with a 'buy' rating and a price target of Rs 2,700.

bse, bombay stock exchange, stock market, markets

Zee is insisting that its Chief Executive Officer Punit Goenka - also its founder's son - will helm the new entity, as agreed in the pact signed in 2021, while Sony is wary of his appointment

Incidentally, all three channels belong to the Zee network

Sony, Zee

Bloomberg

ISRO Chairman S Somanath on Saturday emphasised the necessity of deregulating unnecessary controls in the space sector to foster improved growth.
He also attributed India's significant progress in the space industry to the opening up of the sector.
Speaking to media here during the celebration of 60 years since India's first sounded rocket launch, Somanath highlighted that the involvement of the private sector in space science development has led to remarkable expansion in India's satellite-building capabilities.
"Earlier, it was only ISRO for the development and production of satellites, launch vehicles, and related technologies. ISRO has only 17,000 people and a budget of Rs 13,000 crore. It remained so for all these years," Somanath said.
He said that India now has more than 130 startups in the space sector, with some companies boasting a workforce of 400 to 500 employees and a turnover ranging from Rs 500 to 1000 crores.
"Some of them are paying better salaries than ISRO, and

S Somanath

Press Trust of India

Union Finance Minister Nirmala Sitharaman on Saturday dismissed allegations by Kerala's Left government of negligence in fund allocation and claimed that the Central government promptly sends the required funds to the people of the southern state without any delay.
Responding to the Left government's allegations of not releasing funds under various categories, she pointed fingers at the state government, alleging that it was due to the state's failure to meet the necessary criteria.
Criticising the ruling CPI(M)-led alliance, which has announced a protest in New Delhi in January against the alleged neglect by the Central government, the finance minister claimed that the highest amount of Finance Commission Grants has been released to Kerala from 2009-10 to 2023-24 under the leadership of Prime Minister Narendra Modi.
"Under the National Social Assistance Programme (NSAP), all the pending liabilities and the first tranche of 2023-24, covering senior citizen pensions, amounting to Rs 

Nirmala Sitharaman,

A Delhi court will pass its order on January 11 on whether to accept the Delhi Police's closure report in a sexual harassment complaint filed by a minor wrestler against former WFI chief and BJP MP Brij Bhushan Sharan Singh.
Additional Sessions Judge Chhavi Kapoor, who was scheduled to pass the order on Friday, adjourned the matter, saying the order was not ready.
In an in-chamber proceedings held on August 1, the minor wrestler had told the court she was satisfied with Delhi Police's investigation in the case and was not opposed to the closure report it has submitted, public prosecutor Atul Srivastava had said.
The Delhi Police had on June 15 filed a report before the court seeking cancellation of the case involving the minor wrestler after her father made a startling claim midway through the probe that he made a false complaint of sexual harassment against Singh to get back at him for perceived injustice to the girl.
Police had recommended dropping of Protection of Children from 

Brij Bhushan Sharan Singh

Markets watchdog Sebi on Saturday approved providing flexibility to Not for Profit Organisations (NPOs) in raising funds through the social stock exchange and also decided to introduce a regulatory framework for index providers.
These were among the decisions taken by the board of the Securities and Exchange Board of India (Sebi) during its meeting held here.
In a release, the regulator said flexibility will be provided for fund raising by NPOs through the social stock exchange.
In this regard, the minimum issue size in case of public issuance of Zero Coupon Zero Principal Instruments (ZCZP) for NPOs on the social stock exchange will be reduced to Rs 50 lakh from Rs 1 crore.
Among other decisions, a regulatory framework will be introduced for the index providers to foster transparency and accountability in governance and administration of financial benchmarks in the securities market.

SEBI

Agencies

Mahua Moitra is facing the heat of the "cash-for-query" allegations against her. The Lok Sabha Ethics Committee has recently recommended her expulsion from the Lower House

Mahua Moitra

However, for FY25, the GDP growth projection has been slashed by 50 basis points (bps) to 6.4 per cent

India's growth, India GDP, economic growth

Tamil Nadu Chief Minister M K Stalin on Sunday said NEET was imposed on Tamil Nadu, "destroying" its medical infrastructure, and asserted that the state will get itself exempted, with public support.
Virtually addressing the 4th state conference of the Doctors' Association for Equality (DASE), Stalin recalled the many suicides of medical aspirants in the state allegedly over the National Entrance-cum-Eligibility Test, which was "imposed" on Tamil Nadu to "destroy the medical infrastructure" created in the state.
"We have embarked on a legal struggle to ensure NEET exemption. Some may say with arrogance, even some in (official) positions may say that NEET exemption is not possible. (But) NEET exemption is our aim and it will happen with public support," Stalin said.
An anti-NEET signature campaign initiated by the DMK's youth wing, student wing and medical wing has become a "people's movement," Stalin, who is also the ruling party president, added.
The Tamil Nadu government has, mor

M K Stalin

Earlier, on Sunday, a plasma-cutting machine was flown to the tunnel site from Hyderabad to cut through the Auger drilling machine and its stuck blades from inside the tunnel

Uttarakhand tunnel

Uttar Pradesh's ban on halal-certified products has transformed into a legal and political hot pot, tenderising the landscape and carving up a lucrative market

meat, meat ban, ban, beef, salughter

In trying to please everyone, India is seen as neither fish nor fowl. India must rethink whether it can claim leadership of Global South by supporting a perspective not very different from the West

israel, gaza, army

As many as 13 under-construction hydroelectric projects with a total generation capacity of 13,000 MW will bring an investment of around Rs 1.4 lakh crore in Arunachal Pradesh, Union Power Minister R K Singh said.
Singh visited the 2,000 MW Subansiri Lower Hydroelectric Project located in Arunachal Pradesh / Assam on Monday, a power ministry statement said.
The minister inspected the Subansiri project construction sites, namely the dam, intake structures and diversion tunnels in Gerukamukh, Assam.
He took stock of the ongoing construction activities and was briefed about the progress.
The minister said that besides Subansiri, which is a large project, the Government of Arunachal Pradesh has entered into MoUs with central public sector undertakings for 13 projects, which will amount to a hydroelectric capacity of 13,000 MW in Arunachal.
"These projects will bring in investment of around Rs 1.4 lakh crore in the state, resulting in quadrupling of per capita income. And the nation wi

RK Singh

Dubai prepared to host the COP28 climate talks on Tuesday as world leaders including US President Joe Biden signalled they would not be attending the negotiations that come during the ongoing Israel-Hamas war roiling the wider Middle East.
Workers under a still-scorching November sun stapled up bunting and decorated Dubai Expo City's iconic Al Wasl Dome with trees and other green foliage ahead of the summit, scheduled to start Thursday in the United Arab Emirates.
Armed United Nations police patrolled about half the area of Expo City where the delegates will debate, while the other half will host other climate events. Airport-style security screenings greeted those coming into both areas.
The two-week meeting of international leaders aims to assess where the world stands when it comes to limiting emissions to slow global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) compared with pre-industrial times. Emirati officials said on Tuesday they expect over 70,000 attendees at t

COP28, climate change, environment

Financial sanctions against entities named by the United Nations Security Council (UNSC) for their links to terrorism and terror financing should be imposed "without delay" and within 24 hours under the UAPA and a law against use of weapons of mass destruction, the government has directed regulatory and probe agencies.
The Financial Intelligence Unit (FIU), the federal agency tasked to detect money laundering and black money in the country's economic channels, has been made the nodal agency for identifying, notifying and initiating legal action against such entities under section 12A of The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005, also known as the WMD Act.
India, as per official records, enacted the law as per its commitment to the country specific efforts under UNSC resolution 1718 (2006) and 2231 (2015), and their successor resolutions, as mandated under section 2 of United Nations (Security Council) Act, 1947.
The ...

UN Security Council

Transitioning to a more sustainable and carbon-neutral future will require USD 13.5 trillion in investments by 2050, particularly in the production, energy and transport sectors, a new World Economic Forum report said on Tuesday.
The report noted that major producing countries and regions such as India, China, the US, and EU have now committed to net-zero targets, making it imperative for businesses within their jurisdictions to align their operations and strategies with the evolving regulatory landscape.
However, complex and ever-changing policy regimes result in businesses allocating substantial resources towards compliance, impeding progress, and therefore establishing more consistent and stable regulatory frameworks with well-defined timelines is imperative for mitigating these risks, it said.
Taking stock of progress towards net-zero emissions for eight industries that emit 40 per cent of global greenhouse gas, the World Economic Forum Net-Zero Industry Tracker 2023 report said

The upcoming UN climate talks in the UAE are anticipated to focus heavily on methane emissions, especially in light of China's recent commitment to include this potent greenhouse gas in its 2035 climate plans.
However, experts believe that this development may not significantly impact India, as the country is already implementing initiatives centered around agriculture that have climate co-benefits.
The United States and the European Union have emphasised the urgency to take action on methane, accounting for about 30 per cent of global warming since pre-industrial times (1850-1900).
The UAE, hosting this year's climate talks (COP28), is also expected to announce a commitment from major oil and gas companies to reduce methane leakage.
The EU and the US jointly launched the "Global Methane Pledge" in 2021 to reduce worldwide methane emissions by 30 per cent by 2030, compared to the 2020 levels.
Around 150 countries have signed on, but China, India, and Russia are among the prominent

Displaying categorized search results for share-holding-pattern

Latest News

In this section

All

13 hydropower projects to bring Rs 1.4 trn investment in Arunachal: Singh

As Dubai prepares for COP28, some world leaders won't attend climate talks

Assets of those named by UNSC for terror funding to be frozen within 24 hrs

$13.5 trn needed to fast-track decarbonisation of key sectors: WEF

COP28 to focus heavily on methane emissions, India likely to stand ground

Most Popular

Read

Shared

Commented

US pension fund's index switch: Indian equity mkts set for $3.6 bn bonanza

FPIs' Rs 12,399 crore bet on debt this month highest in over 2 years

From budget to luxury, cars to get more expensive from January 2024

This stock has delivered over 20% returns in each of the last five months

Sony-Zee merger risks collapse ahead of its deadline over CEO drama

Displaying categorized search results for share-holding-pattern Advance Search