India's market regulator on 4 July barred Jane Street from trading and froze $567 million of its funds for manipulation of stock indexes through derivative positions.
RBI governor Shaktikanta Das requested the banks to strengthen governance to reduce financial instability following the collapse of several banks in the US.
The family-owned enterprise did not have a roaring start. But with solid marketing practices in place, Rupa climbed the ladder of success and went on to dominate the market.
A study by asset manager Invesco shows India has emerged as a popular investment market for sovereign wealth funds & public pensions funds, having climbed to 2 in 2022 from 9 in 2014.
Prominent tech startups, including Oyo Hotels and Delhivery, are pushing back their IPO and preparing to reappraise target valuations amid battering received by newly listed firms.
The reprieve may be short-lived as traders are worried about the unprecedented bond sales of about Rs 15 lakh crore for the fiscal year starting April amid dwindling demand.
Will the new Omicron variant set the clock back and dampen the spirits? Modi govt would be naïve to believe RBI and not plan for recovery of the Indian economy.
The Press in a liberal democracy has to be a forum for the expression of different points of view. It must not suppress, taint or adulterate news, wrote Sachin Sen in 1960.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
“99 per cent of the mobile phones sold domestically are now manufactured in India” means its assembled in India whereas a lion share of its parts are imported from other countries.
The culprit is the Gandhi-Nehru village mentality of our politicians. Socialist India focuses on low-tech, labor-intensive manufacturing. Apparently, high-tech, complex, precision-engineered manufacturing doesn’t fetch votes for the government.
“99 per cent of the mobile phones sold domestically are now manufactured in India” means its assembled in India whereas a lion share of its parts are imported from other countries.
The culprit is the Gandhi-Nehru village mentality of our politicians. Socialist India focuses on low-tech, labor-intensive manufacturing. Apparently, high-tech, complex, precision-engineered manufacturing doesn’t fetch votes for the government.