Business is war.
The Securities and Exchange Board of India has increased the minimum number of stocks in non-benchmark indices, such as NSE’s Bank Nifty, from 12 to 14. It also lowered the maximum weight allowed for the top stock to 20 percent from 33 percent and capped the combined weight of the top three stocks at 45…
On Friday, Securities and Exchange Board of India Chairman Tuhin Kanta Pandey stated that the regulator will implement any changes to the futures and options segment gradually and carefully. He confirmed that stopping weekly expiries is not an option, noting many traders rely on them. Pandey spoke at an event in Mumbai. SEBI is collecting…
China Eastern Airlines will raise its weekly direct flights between Shanghai Pudong and New Delhi from three to five, beginning January 2, 2026, citing strong demand from Indian travelers. Flights will operate on Mondays, Wednesdays, Fridays, Saturdays, and Sundays using Airbus A330-200 aircraft with 17 business and 245 economy seats. Flight MU563 departs Shanghai at…
Gold and silver prices on the Multi-Commodity Exchange fell in early trade on Friday, tracking weaker global markets and a stronger US dollar. Gold futures opened 0.29 percent lower at Rs 1,21,148 per 10 grams, while silver dropped 0.47 percent to Rs 1,48,140 per kg. Traders took profits ahead of key US economic data. By…
Mera Yuva Bharat has linked over two crore young people with 1.2 lakh organizations offering volunteering, skill development, leadership roles, and experiential learning opportunities. The platform, run by the Ministry of Youth Affairs and Sports, serves youth aged 10 to 29 through a portal and mobile app launched in October 2023. The MY Bharat app…
Trading on the Multi-Commodity Exchange halted for more than four hours on Tuesday after a system issue triggered by predefined parameter limits tied to reference data such as the unique client code. The exchange confirmed the disruption stemmed from thresholds being exceeded, not from problems in its core trading systems. MCX shifted operations to its…
India’s primary market saw record activity in October, with 14 companies launching mainboard initial public offerings, aiming to raise more than Rs 46,000 crore. This made it the busiest month ever for IPOs on domestic exchanges. Tata Capital and LG Electronics India led the surge, raising Rs 15,512 crore and Rs 11,607 crore, respectively. Their…
The GIFT Nifty futures contract achieved record monthly trading volume of $103.45 billion in October, the National Stock Exchange of India announced on Friday. The figure converts to approximately 9.16 trillion rupees and exceeds the previous peak of $102.35 billion set in May. The milestone demonstrates expanding international confidence in Indian equities as a benchmark…
SpaceX has begun recruiting employees in India as the company prepares to launch satellite internet service through its Starlink division. The Elon Musk venture posted openings for finance positions in Bengaluru, where operations will be based. Advertised roles include tax manager, accounting manager, payments manager and senior treasury analyst. The company will hire workers with…
Indian stock markets opened with modest losses on Friday as investors assessed a temporary trade agreement between the United States and China. President Donald Trump and Chinese leader Xi Jinping reached a deal to pause their tariff battle for one year rather than resolve underlying disputes. The Sensex fell 25 points to 84,379.79 at the…
