Under the Bill, no bank or financial institution will be allowed to permit transfer of funds for online money gaming. The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Online Gaming Bill, which makes online betting a punishable offence. Sources told Business Today TV that the government will ban all “money-based…
The Singapore Tourism Board has signed an initial pact with domestic carrier IndiGo to boost tourism and travel between the two countries, a statement said on Thursday. The Singapore Tourism Board has signed an initial pact with domestic carrier IndiGo to boost tourism and travel between the two countries, a statement said on Thursday.…
“I just signed the largest trade deal in history — I think maybe the largest deal in history — with Japan,” Trump said at an event at the White House on Tuesday after announcing the deal on social media. Trump said on Truth Social that the pact calls for Japan to “open their Country” to…
Looking ahead, select buzzing stocks like Bank of Baroda (BoB) Ltd, Asian Paints Ltd and Adani Green Energy Ltd are expected to remain in focus among traders. Broader markets remained resilient, with the BSE MidCap index gaining 0.60 per cent and the SmallCap index rising 0.52 per cent. Indian equity markets paused their upward…
The move introduces special provisions for PSUs where the Government of India and/or other PSUs hold 90% or more equity, allowing them to exit the markets through a fixed price delisting mechanism. The Securities and Exchange Board of India (SEBI) has approved key amendments to the SEBI (Delisting of Equity Shares) Regulations, 2021, aimed…
Out of 43 mutual fund houses analysed, 16 increased their cash holdings while 27 reduced them. The largest cuts came from some of the biggest fund houses. Most experts remain positive on Indian markets. In a recent note from Bandhan Mutual Fund, they highlighted that India has been the top performing market globally over the…
China will supply rare earths and magnets upfront to the U.S. under a new trade deal announced by President Donald Trump. The agreement, still pending final approval, also includes U.S. concessions like easing restrictions on Chinese students. The agreement was reached after two days of rigorous discussions and expands on the agreement made during…
– Nippon India, DSP, and SAMCO introduce new fund offers – Funds aim for tax-efficient returns and exposure to resilient sectors – Investors targeted include those seeking alternatives to traditional investments Baroda BNP Paribas Large & Mid Cap Fund has allocated a significant portion of its portfolio to sectors such as Financial, Services, Technology,…
The IPOs of Sri Lotus Developers & Realty (Rs 800 crore), Travel Food Services (Rs 2,000 crore), Laxmi India Finance (Rs 200 crore), Indogulf Cropsciences (Rs 300 crore) and NSDL (Rs 3,000 crore) are likely to be launched in June, say market sources. The month of June is likely to see more than half a…