Ex-Axis MF fund mgr pays Rs 86L, case shut

[ad_1] MUMBAI: Former Axis MF fund manager Deepak Agrawal has settled a regulatory case with Sebi by paying Rs 85.8 lakh and surrendering over 43,000 units. The case related to charges of financial misconduct, including sharing stock tips, passing on trading information, and failing to disclose directorships, which Sebi said amounted to violation of MF…

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US tariff shield: Export promotion mission heads to Cabinet, Rs 25,000 crore support on table

[ad_1] The government’s proposed Export Promotion Mission, designed to shield Indian exporters from global trade shocks, is set to be placed before the Union Cabinet for approval soon, sources told PTI. Inter-ministerial consultations on the scheme have been completed.The mission, first announced in the Union Budget, is expected to offer about Rs 25,000 crore worth…

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Payment rules: RBI issues final guidelines for aggregators, sets capital norms and cross-border limits

[ad_1] The Reserve Bank of India (RBI) on Monday rolled out final guidelines to regulate payment aggregators, bringing in a new framework that takes effect immediately.Under the Regulation of Payment Aggregators Directions, 2025, the RBI has classified aggregators into three categories — PA-P for physical, PA-CB for cross-border, and PA-O for online, PTI reported. While…

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Wealth creation: Indian equities multiply 13x in 20 years; long-term investing beats trying to timing market

[ad_1] India’s stock market remains a strong engine of wealth creation among asset classes, according to the September Wealth Conversation Report released by FundsIndia on Monday.The report compares two decades of performance across equities, gold, debt and real estate, showing equities providing good results for long-term investors. Indian markets multiply investor wealth 13 times in…

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Alphabet market cap crosses $3 trillion! Shares hit record highs; cloud growth and AI bets lift sentiment

[ad_1] Google parent company Alphabet’s market value crossed $3 trillion for the first time on Monday as strong gains in its shares reflected renewed optimism over artificial intelligence and a favourable antitrust ruling, Reuters reported.Class A shares surged 4.6% to $251.88 while Class C climbed 4.5% to $252.30, both scaling record highs. Alphabet now joins…

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