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Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Sebi to take action against 14,720 entities for 'non-genuine trades'

Adjudication proceedings have been initiated against 567 entities involved in such trades in the first phase.

6 April 2018 4:50 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Markets end flat in choppy trade

The broader NSE Nifty inched up 6.45 points, or 0.06 per cent, to 10,331.60.

6 April 2018 4:13 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

NCLAT allows RCom to execute asset sale

RCom is now very confident of achieving overall debt reduction of approximately Rs 25,000 cr within next few weeks.

6 April 2018 4:07 PM IST

Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

RBI to review feasibility of introducing digital currency

Virtual currencies raise concerns of consumer protection, market integrity and money laundering.

6 April 2018 3:48 PM IST

ICICI may also look to sell a 10 per cent stake in the unit at the same time.

ICICI Bank 1st to get Swift's new cross-border payment service

Scam has led to a slew of changes, including a ban on the letters of undertaking (LoU), which can hurt importers.

6 April 2018 3:42 PM IST

Trai has sought written comments from stakeholders by May 3.

Trai starts discussions on revamping mobile number port-out process

Trai has sought written comments from stakeholders by May 3.

6 April 2018 3:36 PM IST

Business leaders in prominent Asia Pacific countries are not digital ready and in India, executives need significant shift in mindset to enable sustainable change within their organisations, says a survey.

Indian business leaders not digital ready: report

Business leaders in India are struggling to adapt to digital changes.

6 April 2018 3:28 PM IST

German luxury car maker Mercedes- Benz on Friday reported 22.5 per cent growth in sales in India at 16,236 units in 2017-18, strengthening its leadership in the segment.

Mercedes-Benz India sales up 22.5 per cent in FY18

2018 began on a positive note for the brand, says Roland Folger.

6 April 2018 2:59 PM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold falls Rs 200 on global cues, low demand

Silver coins, however, remained unaltered at Rs 74,000 for buying and Rs 75,000 for selling.

6 April 2018 2:51 PM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

HPCL gets green nod to set up Rs 136 crore LPG plant in Bihar

Govt's aim is to increase LPG penetration to 75 pc by addition of 5.5 crore new LPG connections till 2019-20.

6 April 2018 2:51 PM IST

Telecom regulator Trai on Thursday mooted a concept of open architecture-based public Wi-Fi grid to bring down the cost of internet by 90 per cent.

TRAI seeks simplification of public Wi-Fi access point establishment

TRAI noted that a number of entities had registered for participating in the pilot project as PDOs.

6 April 2018 2:24 PM IST

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 64.9884 against the US dollar.

RBI sets rupee reference rate at 64.9884 against US dollar

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 64.9884 against the US dollar and 79.5133...

6 April 2018 2:02 PM IST