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promoters buy shares in their own company, investors consider it positive. Promoter buying usually indicates that the company may be undervalued or that promoters know something big is going to happen, so they lap up shares beforehand. It means that the promoters, who built the company from the ground up, are once again putting their money on the line.

Mint in the week gone by. The Securities and Exchange Board of India (Sebi) has flagged the possible risks for retail investors from the build-up of bubbles in the stock market. The retail inflation for February came in at 5.09%, largely unchanged from the previous month, while core inflation eased further.

Mamata Banerjee, who suffered a sharp cut over her forehead and nose on 14 March after falling within the vicinity of her home “due to some push from behind." While speaking to media persons on Thursday, the SSKM director Bandyopadhyay informed that Mamata was discharged after receiving treatment for her injury. He also added that the chief minister was admitted to the hospital with a "history of (a) fall within the vicinity of her home due to some push from behind". The hospital director informed further that doctors administered three stitches on her forehead and another on the nose.

Minimum and Maximum Deposit: Earlier, the minimum deposit to initiate a non-callable fixed deposit was ₹15 lakh, but in October 2023, the RBI raised the minimum amount for offering non-callable Term Deposits (TDs) 6.66 times to ₹1 crore to ensure that retail depositors don’t get lured by additional interest rates. The maximum deposit limit for non-callable fixed deposits is ₹5 crore. But for NREs, deposits should be below Rs.

Adani Group-helmed $2.1 billion project in the satellite city of Navi Mumbai is a microcosm of the massive infrastructure overhaul underway in India as its Prime Minister Narendra Modi seeks to outrun China. For Gautam Adani, it’s a test of whether he can put India on the global aviation map. The airport, with a lotus-shaped design mimicking India’s national flower as well as the election symbol for Modi’s party, should start operations in March next year with a capacity for 20 million passengers a year.

(Reuters) — Smartsheet (NYSE:SMAR) on Thursday provided a revenue outlook that missed analyst estimates, sending its stock down 10%, even after the cloud software seller's quarterly revenue exceeded estimates.

Minimum wage workers in federally regulated sectors will get a bump in their paycheques starting next month.

Megha Engineering and Infrastructure Ltd head the list of donors to parties through electoral bonds. Late on Thursday, the Election Commission of India (ECI) published details of bond buyers and beneficiaries since April 2019, as per the Supreme Court’s orders, ahead of the 18th Lok Sabha elections. The data release provides details of electoral bonds worth over Rs 12,000 crore. The information was provided by State Bank of India (SBI), the sole seller of the bonds, and published by the ECI. Other donor names include the Bharti Group and Vedanta. The information clearly shows the ruling Bharatiya Janata Party (BJP) got the lion’s share over the years, something that’s also clear from the party’s own annual audit reports.

EMPS). They also need to provide a three-year or 20,000-km comprehensive warranty to two-wheeler buyers — and an 80,000-km warranty on three-wheelers — to be eligible for the scheme. EMPS replaces the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME II) programme. “The manufacturers’ comprehensive warranty will have to cover the EV battery, the most crucial component of the vehicle, besides ensuring that there are adequate facilities for after-sales service for the life of sold vehicles,” a senior government official told ET.

The wealth industry is standing at a crossroads as advisors balance hopes for growth and enhanced client service through technology against challenges and barriers to adoption of technology, according to a new study from Orion.

Advisors affiliated with Cetera now have more clarity on how to deal with bitcoin ETFs. The independent broker-dealer has launched a groundbreaking initiative to integrate bitcoin ETFs into its suite of offerings for financial professionals.

Apple Inc (NASDAQ:AAPL)., the tech giant with a reputation for innovation and premium consumer electronics, remains a dominant player in the technology sector. Its extensive product range, including smartphones, computers, wearables, and a suite of online services, continues to have a significant global impact. Despite facing challenges such as competitive pressures and a dynamic macroeconomic landscape, Apple upholds its position as an industry leader.

As the artificial intelligence (AI) rally continues full-steam ahead, voice AI and speech recognition company Soundhound AI’s stock has benefitted, climbing a significant 272% in 2024. With Soundhound AI stock such a big AI winner and its price now at levels last seen in June 2022, is there a risk of an extremely sharp turnaround?  

By Allan Lanthier

Adhir Ranjan Chowdhury, the sole Opposition representative in the search panel that selected the two election commissioners, expressed his dissent by pointing out "procedural lapses" in the selection process. He has questioned the rationale and motive of the government in providing him a list of «212 names» as probable candidates when he arrived at Wednesday midnight in Delhi and then handing him over a shortlist of «six names» just «10 minutes before the search committee meeting» on Thursday noon. In his note of dissent, Chowdhury is learnt to have questioned the rationale and fairness of the composition of the search committee by saying it ensured «no decisive say» for the sole Opposition nominee in the matter of selection as the overwhelming majority of the government representatives in the panel made the ruling side's preference «a fait accompli». During the meeting, Chowdhury is also learnt to have briefly mentioned his disappointment about the government not including the Chief Justice of India in the search committee. He reportedly pointed out that no reason has been provided for the abrupt resignation of election commissioner Arun Goel a few days ago and also the delay in filling up the second vacancy of the EC, caused by the retirement of the incumbent last month.

SBI Electoral Bonds data LIVE updates: The Election Commission of India (ECI) on Thursday uploaded the electoral bond data on its website in compliance with the February 15 order of the Supreme Court. The electoral bond data, compiled by the State Bank of India (SBI) lays down two sets of information- one related to the name of the purchaser date, and denomination of the bonds.

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Volusia Sheriff's Office is investigating after home surveillance video caught a man wearing an Amazon uniform replacing a package delivered to someone's home minutes prior with an empty box. FOX 35 Orlando reports. 

Investing.com — Just as the market was beginning to think bank failures were a thing of the past, a full year after the Silicon Valley Bank collapse, issues with New York Community Bancorp (NYSE:NYCB) last week raised the alarm that a new slew of problems for the smaller players could be percolating underneath the surface.