[ad_1] NEW DELHI: Stock market regulator Sebi is intensifying its fight against cyber fraud and has sought support from the states to prevent misuse of social media platforms and protect investors across the country from the menace.Sebi chairman Tuhin Kanta Pandey, who took charge in March, has written to chief secretaries, seeking collaboration to “spread…
[ad_1] MUMBAI: Paving the way for the sale of IDBI Bank, Sebi has approved the reclassification of Life Insurance Corporation as a public shareholder from promoter of the bank once the sale transaction is concluded. The regulator’s nod is subject to conditions, including LIC’s voting rights being capped at 10%, no board representation or control…
[ad_1] IT secretary S Krishnan said the ban on money gaming doesn’t mean doom and gloom for the sector, with ample growth opportunities existing in the social games and e-sports categories. In an interview with TOI, Krishnan denied that companies were not given sufficient opportunities to provide their views, adding that action against money games…
[ad_1] NEW DELHI: The government is preparing a support package worth about Rs 25,000 crore under the Export Promotion Mission (EPM), announced in the Union Budget 2025-26, to strengthen Indian exporters over the next six financial years (2025-31). PTI sources said the initiative aims to provide affordable credit, improve market access, and cushion exporters from…
[ad_1] NEW DELHI: Bank of India classified the loan account of debt-ridden Reliance Communications (RCom) as fraudulent and also named its former director Anil Ambani, citing alleged diversion of funds in 2016, according to a regulatory filing.The move comes after State Bank of India (SBI) took a similar step in June this year. SBI had…
[ad_1] NEW DELHI: Indian business process outsourcing (BPO) exports are growing faster than information technology (IT) services and are projected to keep this lead in FY2026, according to a new report by Kotak Institutional Equities. The strong performance is being driven by global companies’ focus on cost optimisation, increasing outsourcing of business functions, and a…
[ad_1] Edelweiss CEO Radhika Gupta NEW DELHI: For many young professionals, saving money can feel like a juggling act between bills, loans, and lifestyle choices. But Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, offers a fresh perspective in her new book ‘Mango Millionaire.‘ She compares saving to cricket net practice: the discipline you…
[ad_1] Elon Musk’s Starlink receives unified license in India NEW DELHI: The government has granted Starlink a permit after the company agreed to follow domestic laws, including security rules that prohibit copying or decrypting data overseas and prevent Indian user traffic from being mirrored on systems abroad, minister of state for communications Pemmasani Chandra Sekhar…
[ad_1] European Central Bank president Christine Lagarde has warned that undermining central bank independence could unleash “dysfunction” and “instability,” issuing her remarks in the United States at a time when President Donald Trump is intensifying pressure on the Federal Reserve to cut interest rates.Speaking in an interview aired on Fox News after attending the Jackson…
[ad_1] Analysts suggest that domestic equity markets may respond positively to signals of a possible US Federal Reserve rate reduction. (AI image) Indian equity benchmark indices, Nifty50 and BSE Sensex, are expected to see a gap-up opening on Monday after US Federal Reserve chairman Jerome Powell indicated that the central bank may cut rates in…