Discount brokers have sustained the rise of the equity cult and gained market share. Now the old guard looks to strike back

Industry players say the number of demat accounts will continue to grow. However, the pace of addition may moderate.

markets, demat account

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

The Apple iPhone 15 Pro Max stands out within the iPhone 15 series and offers substantial improvements over the previous generation model, the iPhone 14 Pro Max

Apple iPhone 15 Pro Max - Natural Titanium

India has been expanding its electronics manufacturing sector as companies diversify production beyond China amid growing Washington-Beijing tensions

Chromebook, Google laptop

Stock market holiday: After Mahatma Gandhi Jayanti on October 2, the market will be closed on October 24, Tuesday, for Dussehra

Stock market, NSE

Small savings schemes are government-backed investment options that offer guaranteed returns. The interest rates on small savings schemes are reviewed every quarter

Poor batting and dropped catches not helping matters, indicates Rohit Sharma

Savings, Personal finance

The government's total gross debt increased by 2.2 per cent quarter-on-quarter to Rs 159.53 lakh crore in April-June this fiscal, a finance ministry report said on Friday.
The liabilities stood at Rs 156.08 lakh crore at March-end.
"This represented a quarter-on-quarter increase of 2.2 per cent in Q1 2023-24. Public debt accounted for 89.5 per cent of total gross liabilities during the quarter," according to the Public Debt Management report for the April-June 2023 quarter.
Nearly 26.6 per cent of the outstanding dated securities had a residual maturity of less than 5 years, it said.
Since April-June 2010-11, the Public Debt Management Cell (PDMC), the Budget Division in the finance ministry, has been bringing out a quarterly report on debt management on a regular basis.
During the first quarter of 2023-24, the central government on the issuance/settlement basis of dated securities raised the gross amount of Rs 4.08 lakh crore, and Rs 2.71 lakh crore after adjusting for switches.

Finance Ministry, Ministry of Finance

The government on Friday approved the issuance of the 28th tranche of electoral bonds that will open for sale for 10 days beginning October 4.
The decision comes ahead of assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram. Poll dates are likely to be announced soon.
Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency to political funding.
"The State Bank of India (SBI), in the XXVIII Phase of sale, has been authorised to issue and encash electoral bonds through its 29 authorised branches (as per list enclosed) w.e.f. October 4-13," the finance ministry said in a statement.
The sale of the first batch of electoral bonds happened in March 2018.
The authorised SBI branches include those in Bengaluru, Lucknow, Shimla, Dehradun, Kolkata, Guwahati, Chennai, Patna, New Delhi, Chandigarh, Srinagar, Gandhinagar, Bhopal, Raipur, and Mumbai.
SBI is the only authorised bank

electoral bond

The Initial Public Offering (IPO) of pharmaceutical ingredient manufacturing firm Valiant Laboratories was subscribed 2.17 times on the third day of bidding on Friday.
The initial share sale received bids for 1,65,77,925 shares against 76,23,030 shares on offer, as per NSE data.
The category for Retail Individual Investors (RIIs) was subscribed 3.11 times while the quota for non-institutional investors got subscribed 1.51 times. The portion for Qualified Institutional Buyers (QIBs) received 1.04 times subscription.
Price range for the offer is Rs 133-140 a share.
The IPO is an entirely fresh issuance of up to 1.08 crore equity shares.
Proceeds of the issue will be utilised to set up a manufacturing facility for speciality chemicals in Gujarat through its subsidiary -- Valiant Advanced Sciences Private Ltd -- and to meet the working capital requirements of the subsidiary company.
Valiant Laboratories is an active pharmaceutical ingredient or bulk drug manufacturing company with it

Benchmark and broader market indices up 11-42% but rising US bond yields, oil prices threaten to pull them down

Indian market, markets

Union minister Nitin Gadkari on Monday reiterated India's commitment to achieving global road safety targets set in the Stockholm Declaration, according to an official statement.
Gadkari, while addressing the ministerial session focusing on road safety at the 27th World Road Congress in Prague, Czech Republic, emphasized on adopting a holistic approach to minimise road crashes and fatalities by stakeholders at all levels.
The road transport and highways minister reiterated the country's special focus on spreading awareness to effect behavioral change and ensuring flawless enforcement of rules.
According to the statement, the minister further apprised the gathering of the strides India has been taking in the field of automobile safety with flagship programmes such as BHARAT NCAP and reiterated our commitment to achieving the global road safety targets set in the Stockholm Declaration.
The Stockholm Declaration aims at halving the number of fatalities and serious injuries on roads by

Nitin Gadkari

In a sharp attack on the Congress without naming it, Prime Minister Narendra Modi on Monday said the opposition party has played with the emotions of the poor and divided the country on caste lines for six decades -- a "sin" which it is committing now as well.  Modi's statement came hours after the Nitish Kumar government in Bihar released findings of its  caste survey months ahead of the 2024 Lok Sabha polls, which revealed OBCs and EBCs constitute a whopping 63 per cent of the state's total population. The Congress is a constituent of the ruling bloc in Bihar and has promised a caste-based census in the country if voted to power at the Centre.  Congress leader Rahul Gandhi, addressing a rally in poll-bound Madhya Pradesh's Shajapur district two days ago, said if his party came to power at the Centre, it would conduct a caste-based census to benefit all sections of society, particularly Other Backward Classes (OBCs) in the country.  Enemies of development got 6 decades that means 60 .

Prime Minister Narendra Modi, PM Modi

Border posts of the Indo-Tibetan Border Police (ITBP) along the India-China frontier from Ladakh to Arunachal Pradesh will have an additional team of intelligence officers for surveillance and information gathering.
A highly placed source said the central government has approved a proposal for establishing the set-up that will be known as the Border Intelligence Post (BIP).
The move bears significance in view of the increased Chinese activities along the border and transgressions by China's People's Liberation Army (PLA).
A stand-off between the Indian Army and the PLA in Ladakh has been going on since June 2020.
Each of the BIPs will be manned by four-five officials of the Intelligence Bureau and protected by ITBP personnel, the source in the know of the development said on the condition of anonymity.
Those personnel who would be deployed at the BIPs will keep an eye on activities across the border and share updates with the higher authorities and the government.
The source, how

Army vehicles carrying military material for soldiers deployed along the border from Rohtang Pass on Manali-Leh Highway. (Photo: ANI)

Three of the world's 10 slowest cities in terms of traffic speeds are in India, according to the findings by a US-based private non-profit research organisation.
As per the report, Bhiwandi in Maharashtra, Kolkata, and Bihar's Arrah are among the 10 slowest cities in the world on the speed index.
The study, conducted by the National Bureau of Economic Research (NBER), covered over 1,200 cities in 152 countries.
According to the report -- 'The Fast, the Slow and the Congested: Urban Transportation in Rich And Poor Countries' -- the average travel speed of motor vehicles throughout the day is the highest in Flint (US), slowest in Bangladesh capital Dhaka, and is the most congested in Bogota (Colombia).
It also said nine of the 10 cities with the slowest uncongested speeds are in Bangladesh, India, and Nigeria.
Researchers used data from Google maps to analyse traffic in more than 1,000 cities having a population of over 300,000.
Bhiwandi ranked 5th in the world's 20 slowest cities 

Vehicles stuck in a traffic jam as the main carriageway of flyover at Hero Honda Chowk from Jaipur to Delhi side on NH-48 is closed for span load testing, in Gurugram (Photo: PTI)

Traffic jam

An Earthquake of Magnitude 5.2 shook Meghalaya and nearby states on Monday evening, the National Centre for Seismology said.
There was no immediate report of any loss of life or damage to property.
The tremor occurred at 6.15 pm in North Garo Hills district in the northeastern state at a depth of 10 km.
The epicentre is around 3 km from Resubelpara, the district headquarters.
The jolt was also felt in nearby states such as Assam and the northern part of West Bengal and Sikkim.
"We have not received any report of loss of life or damage to property," said an official of the disaster management authority here.
The northeastern states fall in the high seismic zone, and earthquakes frequently hit the region.

Displaying categorized search results for share-holding-pattern

Latest News

In this section

All

Will achieve road safety targets set in Stockholm Declaration: Gadkari

Oppn dividing society on caste, says PM on day Bihar released caste census

Govt to set up ITBP's intelligence gathering posts along China border

Bhiwandi, Kolkata, Arrah among world's top 10 cities with slowest traffic

Earthquake of magnitude 5.2 jolts Meghalaya, nearby states; no loss of life

Most Popular

Read

Shared

Commented

In the battle of brokerages, traditional brokers are fighting back

Indians believe Rs 1.3 cr corpus is ideal for retirement: Is this enough?

iPhone 15 Pro Max review: Apple's flagship smartphone is full of surprises

Google to make Chromebook laptops in India in win for PM Modi's tech push

Stock market closed today on Gandhi Jayanti: List of all market holidays

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