Underscoring the growing importance of small and medium enterprises (SME) platforms as “powerful engines” for capital formation, the Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Wednesday flagged “egregious instances” of SMEs misusing regulatory relaxations, including diversion of funds and market manipulation. “These instances adversely affected investor confidence,” Pandey said,…
The reform represents a significant departure from the Atomic Energy Act of 1962, which restricted private participation in nuclear power generation and retained state monopoly under the Department of Atomic Energy (DAE). Prime Minister Narendra Modi on November 27 announced one of India’s most sweeping energy-sector reforms in decades, declaring that the country’s tightly controlled…
The weekly options data indicated that the Nifty 50 is expected to trade in the 25,400–26,000 range in the short term. Nifty outlook for November 11 The Nifty 50 snapped a three-day losing streak and negated the lower high–lower low structure of the previous six consecutive sessions, closing one-third of a percent higher on…
India bluntly rejects Trump’s claim on New Delhi agreeing to stop Russian oil purchase: ‘Not aware of any conversation’ India on Thursday, October 16, strongly rejected United States President Donald Trump’s claim that New Delhi had agreed to stop purchasing oil from Russia, indicating that the claims were wrong. Responding to media queries, the Ministry…