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Sebi slaps Rs 3 cr fine on 5 entities in Bank of Rajasthan insider trading case. (PTI Photo)

Sebi mulls algo trading norms for retail investors

The algo trading system automatically monitors the live stock prices and initiates an order when the given criteria are...

10 Dec 2021 9:20 AM IST

Reliance Mutual Fund is now Nippon India Mutual Fund with Nippon Life Insurance as its new promoter with 75 per cent stake.

SIPs lift MF assets to Rs 37.33 L cr

Equity-oriented mutual funds witnessed robust net inflow of Rs 11,615 crore in November, sharply higher than Rs 5,215...

10 Dec 2021 9:18 AM IST

Google Pay has started its own Tez Shots Campaign which says, Score Runs to earn assured rewards worth up to Rs 1 lakh . Yet Play Store policies that got Paytm temporarily removed did not apply to Google Pay, the home-grown digital financial services firm alleged.

Paytm gets scheduled bank status

While a payments bank cannot access the call money market or the interbank line, a scheduled bank can

10 Dec 2021 9:15 AM IST

Dey also introduced a new concept of business development officers (BDO), by which 50 per cent officials will focus on marketing the insurers products. orientalinsurance.org.in

Oriental weighs options in resizing network

OIC CMD Anjan Dey asked the officers to identify profitable products and lines of business, besides improving the claim...

10 Dec 2021 9:07 AM IST

According to the data released by the Central Electricity Authority, solar power generation in the second quarter (Q2) of calendar year 2019 increased by 29 per cent year-on-year to 12,277 million units (MUs) compared to Q2 2018 during which approximately 9,514 MUs were generated by solar projects.

Solar installations up 335% in nine months

Installations grew despite market challenges, according to a report by Mercom India

10 Dec 2021 9:04 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

Retail inflation expected to be around 5.3 per cent in current fiscal:...

The inflation trajectory is likely to be in line with our earlier projections, Das said

8 Dec 2021 11:48 AM IST

Infrastructure push can re-ignite economic growth, says RBI Governor Shaktikanta Das. (PTI Photo)

RBI maintains status quo for 9th consecutive time; retains repo rate...

The inflation projection has been retained at 5.3 per cent for the current financial year

8 Dec 2021 10:41 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

India among most unequal nations; top 1% of population holds 22% of...

The report pointed out that the average national income of the Indian adult population is Rs 204,200

8 Dec 2021 9:38 AM IST

Audi's new A4 comes at Rs 40 lakh

Audi followed this launch with eight more launches to script a strong growth in terms of sales

7 Dec 2021 12:22 AM IST

SpiceJet dismisses security lapse findings. (Photo: ANI)

Airlines, airports suffer Rs 20K cr losses

In the pandemic year of FY21, airlines are estimated to have incurred loss of about Rs 19,564 cr and airports losses of...

7 Dec 2021 12:20 AM IST

Currency experts have a bullish outlook for the rupee this week.

PMS-AIF Set To Be Rs 50-L Cr industry In 10 Years

Assets under management of discretionary and non-discretionary PMS (non-EPFO) stood at Rs 3.97 lakh crore at the end of...

7 Dec 2021 12:18 AM IST

Bombay stock market

Stock market tanks again on virus fear

The mood in the market turned so bearish that all the Sensex and 49 of 50 Nifty-50 stocks closed with losses

7 Dec 2021 12:16 AM IST