Sebi floats consultation paper, proposes same-day trade settlement
Capital markets regulator Sebi on Friday floated a consultation paper proposing to introduce same-day settlement of trades on stock exchanges and real-time settlement on an optional basis. This is in addition to the existing T+1 settlement cycle in secondary markets for equity cash segment. Sebi, which has trimmed the settlement timelines...
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Tesla moves forward with plan to build battery factory in China
23 December 2023 | AP -
Business brief
23 December 2023 | Agencies -
SBI signs $165mn LoC with World Bank for rooftop solar projects
23 December 2023 | PTI -
India's forex reserves jump by $9.112 bn to $615.971 bn
23 December 2023 | PTI -
LIC shares settle 4 per cent up; reach 52-week high
23 December 2023 | PTI -
Organised food, grocery retailers topline seen clipping at 14-15 per cent next fiscal
23 December 2023 | PTI -
Stock markets climb for 2nd day on buying in IT; Sensex rises 214 points
23 December 2023 | PTI
Peak power demand to touch 3.5 lakh MW by 2030-31: Minister
The peak electricity demand in India is expected to touch 3,50,670 MW mark by 2030-31, and the government is taking various measures to meet the increased demand, Union Minister R K Singh has said. The peak demand has gone up from 1,35,918 MW in 2013-14 to 2,43,271 MW in September 2023....
Finance Ministry asks banks to monitor top 20 IBC cases
The Finance Ministry on Friday asked heads of public sector banks to monitor and review the top 20 Insolvency and Bankruptcy Code cases as part of their bad assets management. During a meeting with managing directors and CEOs of public sector banks (PSBs), Financial Services Secretary Vivek Joshi asked them to...
India strongly objects to pushing talks on investment facilitation at WTO
India has strongly objected to efforts of certain countries to push a proposal on investment facilitation at the WTO, saying the agenda falls outside the mandate of the global trade body and cannot be deliberated in formal meetings. According to the statement of the Indian delegation in a meeting of the...
Commercial LPG rate cut by Rs 39.50 per 19-kg cylinder
Commercial cooking gas (LPG) prices were on Friday cut by Rs 39.50 per 19-kg cylinder in line with softening international benchmarks. However, the price of domestic LPG -- used in household kitchens for cooking purposes -- remained unchanged at Rs 903 per 14.2-kg cylinder. Commercial LPG -- used in various establishments such...
LIC shares rally over 7 pc; reach 52-week high level
Life Insurance Corporation of India (LIC) stock jumped over 7 per cent to reach its 52-week high in morning trade on Friday after getting a one-time exemption to achieve 25 per cent Minimum Public Shareholding (MPS) within 10 years. The stock climbed 7.25 per cent to reach its 52-week high of...
Leverkusen stays four points clear of Bayern
Patrik Schick celebrated his first Bundesliga start of the season with a hat trick as Bayer Leverkusen consolidated the top spot and set a record for games unbeaten with a 4-0 rout of Bochum. Leverkusen stretched its unbeaten start to the season to 25 games across all competitions, beating the German...
Urs finishes T-13th, secures full card to join Aditi, Diksha on LET
Indian golfer Pranavi Urs earned a full card on the Ladies European Tour for 2024 as she finished Tied-31st at the Final Stage of the Qualifying School golf tournament here. Parnavi played a strong front nine and then survived some tense moments on the back to card a final round of...
