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sovereign gold bond (SGB) scheme at Rs 6,132 per gram and fixed the redemption date as November 30, Thursday. The investors who invested in the scheme have made an income of a whopping 128% (Rs 3,448) over the issue price of Rs 2,684 per gram. This does not include an interest income of 2.5% given by the government. The first tranche of the SGB (SGB 2015-I) was launched on November 5 and was available for subscription till November 20, 2015.

Buy or sell stocks: Indian stock market continued to trade choppy throughout the week despite Nifty 50 index forming bullish candle on the weekly chart pattern. The 50-stock index went off 7 points and closed at 19,794 levels, BSE Sensex ended 47 points lower at 65,970 mark whereas Bank Nifty index gained 191 points and finished at 43,769 levels on Friday last week. Broad market indices ended marginally higher even as the advance-decline ratio closed at 1.16:1.

Flair IPO: Subscription for the initial public offering (IPO) of Flair Writing Industries Ltd ended on Friday last week. As per the Flair IPO subscription status, the book build issue has been subscribed over 46 times after three days of bidding from 22nd to 24th November 2023. Now, bidders and stock market observers are eagerly waiting for Flair IPO allotment date, which is most likely on 28th November 2023 i.e.

Bank of India (RBI) has tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans. Fintech lenders may face the brunt of RBI's tightening of capital norms for unsecured lending.

Bonus shares, stock split: Shares of Standard Capital Markets Limited will be in focus when Indian stock market opens on Tuesday after extended weekend as stock market holiday falls on Monday due to Gurunanak Jayanti celebrations across nation. In meting held on Friday, the board of directors of the company has considered and approved proposal for issuance of bonus shares and stock split.

how to overcome this cash crunch feeling. Here are some tips shared by money experts. Make a budget to gain a clear understanding of your earnings and outlays.

Supreme Court on Friday said it could not accept shortseller Hindenburg Research's allegations of fraud, misgovernance and stock price manipulation by the Adani Group as the «ipso facto true state of affairs,» and that's why it had asked the Securities and Exchange Board of India (Sebi) to inquire into the matter. An apex court bench rallied behind the regulator, saying it found no material to doubt the Sebi investigation or the impartiality of the expert committee headed by former Supreme Court judge Abhay Manohar Sapre. The panel had been appointed by the top court on March 2 to examine regulatory mechanisms to protect investor interests, following the January report by the US-based shortseller that sent Adani stocks tumbling. The bench comprising Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra — while reserving judgment on petitions related to the matter — said the court could not proceed on the assumption that the Hindenburg report was true.

Gold rate today: Amid buzz of US Fed interest rate pause and falling US dollar index, gold and silver price bounced back from lower levels and registered more than one per cent rise in the week gone by. On weekly basis, MCX gold rate ended 1.07 per cent higher at ₹61,370 per 10 gm levels whereas MCX silver rate finished 1.02 per cent higher at ₹73,915 per kg levels.

group of ministers (GoM) formed to deliberate on issues related to regulating online gaming is likely to hold its first meeting on December 15, said people with knowledge of the matter. While the GoM has conducted “a couple of informal meetings” so far, the first official meeting is likely to set the tone for the process of regulating online gaming, with a specific focus on how to effectively tax the sector and avoid “any illegal gambling or betting, especially from off-shore players”, said one of the persons, who did not wish to be identified.

Several users of the crypto analytics platform Nansen have reported receiving phishing emails from scammers after a data breach related to one of the firm’s third-party vendors.

bare-knuckle fight in the UK, a disturbing act of aggression reminiscent of the infamous 1997 Mike Tyson-Evander Holyfield match unfolded. Just like Tyson, who infamously bit off a portion of Holyfield's ear during their bout, a fighter in the UK resorted to ear-biting in a bloody encounter described as a «no rules» brawl. According to the Daily Star, an unidentified bare-knuckle fighter decided to preserve his torn ear in a jar after the intense fight, shedding light on the growing trend of these unregulated matches in the UK.

Uttarakhand for thirteen days now, serious questions are arising on the issue of the 'escape passage'. Every document associated with the project — from tenders to geo-technical reports — mentions the project with the 'escape passage'. Case in point, a statement by the Press Information Bureau dated February 20 announcing the approval of the Cabinet Committee on Economic Affairs for ₹1383 crore project to build a «4.531 km long 2-Lane Bi-Directional Silkyara Bend — Barkot Tunnel with escape passage' on the Yamunotri route.

DCGI) is considering banning over-the-counter (OTC) sales of pain relievers Tapentadol and Pregabalin, a move aimed at curbing their misuse, a person in the know said. While drug formulations containing Pregabalin are prescribed mainly for the management of neuropathic pain, and to treat fibromyalgia, the Pregabalin capsules and tablets are used along with other medications to treat certain types of seizures. Now, the drug regulator is considering putting Pregabalin and Tapentadol in the category of drugs that cannot be purchased without a valid prescription from a registered medical practitioner (RMP). In this regard, the DCGI has constituted a sub-committee, including experts from the regulator's office, clinicians and pharmacologists, who will review the matter. The sub-committee will give its recommendations soon, a person in the know said.

National Advisory Council (NAC) was 'uncharitably caricatured' as a 'separate power centre' when it functioned purely as an 'advisory body to the Prime Minister', the former Congress President Sonia Gandhi has said in an essay in an upcoming book. She adds that this was ironic given that NDA has openly been taking directions from the 'unelected and unaccountable' RSS. «It is extremely ironic that the NAC was vilified, when the current National Democratic Alliance (NDA) government has routinely deposed before, and taken direction on policy and legislation from the unelected and unaccountable Rashtriya Swayamsewak Sangh (RSS), most visibly in September 2015 when Union ministers gave detailed presentations explaining their policies, and south their 'marg darshan' (guidance), as Prime Minister Narendra Modi put it», Gandhi writes in her essay titled- Enhancing People's Rights and Freedoms- The NAC revisited. She also holds forth that the NAC's role was limited to submitting recommendations to the PM and the final decision was left to the discretion of the Union government.

COP21, the UN Climate Change Conference, led to a new international climate agreement, applicable to all countries, aiming to keep global warming at 1.5-2° C, in accordance with the recommendations of the Intergovernmental Panel on Climate Change (IPCC). Since then, progress on reducing CO2 emissions has been glacial. The Covid pandemic shifted attention away from climate change for a while. But global economic slowdown also led to a slowdown in global emissions increases.

Civil Aviation regulator DGCA has released a circular to airlines and the Airports Authority of India (AAI) to deal with fake GPS signals that overpower a flight's own navigation system and divert it from its intended path. Increasing number of reports have suggested that Indian airlines and aircrafts have been facing incidences of GPS spoofing and jamming when they fly over parts of the Iraq-Iran area. «Considering the increasing reports of GNSS (global navigation satellite system) interference over airspace in the Middle East in the recent past, DGCA had formed an internal committee on October 4.

As we celebrate Black Friday, let's try and create a shortlist of high-quality and discounted stocks using InvestingPro's stock scanner. For this, we've chosen to filter stocks with the following characteristics:

The «fixReducedOffersV1» amendment, which is currently in its final activation countdown phase, is about to bring about a significant improvement to the XRP Ledger (XRPL), which is nearing completion. This modification is a crucial upgrade for XRPL, signifying a step forward in resolving important concerns, notably within its Decentralized Exchange (DEX) services. It has received approval from more over 80% of the validators, signaling that it is ready for implementation.

Adani Enterprises rose 3.5% to Rs 2,250 in Friday's trade on NSE as the Supreme Court finished hearing on the Hindenburg issue and reserved its order. Other Adani stocks such as NDTV and Adani Power also rose 8.3% and 4.5%, respectively. Adani Energy Solutions, Adani Green Energy, Adani Ports and Adani Total Gas also rose over 1%. Market regulator SEBI on Friday informed the Supreme Court that it will not be seeking an extension to complete its probe in the Adani-Hindenburg matter. A Supreme Court-appointed expert committee had an interim report in May stating that it saw “no evident pattern of manipulation" in billionaire Gautam Adani's companies and there was no regulatory failure. It, however, cited several amendments the SEBI made between 2014 and 2019 that constrained the regulator's ability to investigate, and its probe into alleged violations of money flows from offshore entities has «drawn a blank». Chief Justice of India DY Chandrachud on Friday asked the SEBI, represented by Solicitor General Tushar Mehta what it has been doing on investor value and if it is ensuring their protection. «There is extreme volatility in the stock market.

Climate negotiators at COP28 may bolster carbon trading when they decide on rules for a new United Nations-overseen emissions market that can lower the cost of fighting global warming.

Capital markets regulator Sebi on Friday came out with a proposal to provide flexibility in adopting trading plans by persons, who are perpetually in possession of unpublished price sensitive information. Under the rule, 'Trading Plans' (TP) enable persons like senior management or Key Managerial Personnel (KMP), who are perpetually in possession of Unpublished Price Sensitive Information (UPSI), to trade in securities in a compliant manner. «Since the introduction of trading plans in 2015, data and market feedback suggest that the current regulatory requirements in respect of trading plans are onerous and consequently, trading plans are not very popular,» Sebi said in its consultation paper.