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Sebi) is set to hold a crucial board meeting on Monday, its first gathering following the allegations of conflict of interest against chairperson Madhabi Puri Buch by US-based Hindenburg Research and India's Congress party. The board is likely to take cognisance of the conflict of interest accusations and the issues arising from the withdrawn press release on employee matters. Although these topics are not on the official agenda, they may be informally discussed, according to people with knowledge of the matter. «Between the last board meeting and Monday's meeting, any significant event concerning the institution, its board members, including the chairperson, has to be taken note of by the board,» said one of them.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Subscribe to enjoy similar stories. Companies with stridently political CEOs are more likely to engage in corporate misconduct, according to new research.

Subscribe to enjoy similar stories. OpenAI’s plan to convert to a for-profit company is meant to simplify the world’s leading artificial-intelligence startup. Making that happen will be enormously complex.

Subscribe to enjoy similar stories. International Business Machines Corp. is staging a remarkable turnaround as it positions itself for the future, signing up an increasing number of clients for its generative artificial intelligence services tied to its consulting business.

Deloitte and industry chamber ASSOCHAM. It acknowledged that India's pharmaceutical ecosystem is transforming significantly, supported by comprehensive regulatory and policy reforms to foster innovation and growth. The regulatory framework, which governs drug discovery, development and commercialisation, is being actively enhanced to streamline approval processes, increase transparency and reduce barriers to entry for innovative products.

heavy metals such as chromium, copper, zinc, molybdenum, and lead in PM2.5 particles in East Delhi and other regions, as reported by The Times of India. The research investigated heavy metal exposure in six districts: East Delhi, Jaisalmer, Ludhiana, Visakhapatnam, Panchkula, and Patiala. The study aimed to measure the Heavy Metal Exposure Index (HEI) and found that East Delhi recorded the highest HEI before the COVID-19 lockdown. After the lockdown, Ludhiana had the highest HEI, followed by East Delhi. Researchers collected samples from various areas in East Delhi, including Mayur Vihar, Dilshad Garden, and Laxmi Nagar, during 2019 and 2020. The study identified cadmium, arsenic, chromium, copper, zinc, molybdenum, and lead in most PM2.5 samples across all six districts. The highest HEI value was found in Ludhiana (21.78), followed by East Delhi (21.45) and Panchkula (10.74). The median HEI value stood at 8. The study noted a decrease in HEI in East Delhi and Jaisalmer during the lockdown period.

Andhra Pradesh is the only state in India that has not yet presented its budget for 2024-25, an unusual occurrence though not unconstitutional, according to experts. Even though the N Chandrababu Naidu-led coalition government completed 100 days in power on September 19, it is still drawing funds under Andhra Pradesh Appropriation (vote on account no. 2) Ordinance. Article 116 of the Constitution lays down the provision of vote on account that empowers the government to withdraw funds from the Consolidated Fund of India to meet the expenditure requirements for a limited period, usually right before an election. In this case, Andhra Pradesh assembly elections were held together with parliamentary polls and Odisha assembly elections. Both Odisha chief minister Mohan Charan Majhi and Naidu took oath on June 12. While Majhi presented the budget on July 25, Andhra government chose an unprecedented strategy and said it was trying to gauge its finances before presenting the budget. Naidu's white paper on state finance showed Andhra has a debt burden of ₹10 lakh crore. A vote on account was passed to address financial requirements between August 1 and November 30.

The federal government postponed an auction of floating offshore wind leases off the Oregon coast on Friday after developers said they wouldn’t bid and the state’s governor asked that all leasing activities stop

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Foreign Portfolio Investors (FPIs) have been net buyers of Indian equities at Rs 57,359 crore. The total investments by them now stand at Rs 1,00,245 crore on the year-to-date basis and is highest in nine months. In August, FPIs bought domestic shares worth Rs 7,322 crore which was down month-on-month from July when the total purchase stood at Rs 32,359 crore. While in June, they were net buyers at Rs 26,565 crore after remaining net sellers in April and May when they sold equities worth Rs 8,671 crore and Rs 25,586 crore respectively.

Indian stock market is a dynamic and ever-evolving landscape, mirroring the broader economic shifts within the country and the global economic environment. As India continues its journey toward becoming an economic powerhouse, new themes are emerging in the stock market, presenting compelling opportunities for investors. These themes are shaped by a combination of technological advancements, government policies, changing consumer behavior, and global trends. This article explores some of the emerging themes in the Indian stock market.

Nifty ended with weak-on-weak gains of 1.5%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 14,602 crore on screen which included both buying and selling action. In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 5,448 crore led by Reliance Industries (RIL) with four block counts totalling to Rs 1,202 crore. The next in line were Tata Group’s Trent (939 crore), Jindal Steel (Rs 483 crore), State Bank of India (SBI, 396 crore), Bharti Airtel (Rs 321 crore), SRF (Rs 290 crore) and Infosys (Rs 230 crore).

Subscribe to enjoy similar stories. Scattered across the ocean floor are trillions of lumps of nickel, copper, cobalt and manganese. Companies have long wanted to mine them: these “critical minerals" are needed in vast quantities to electrify the global economy and cut dependence on fossil fuels.

SAHMRI) and the University of Adelaide have announced the discovery of a previously unknown cell type called EndoMac progenitors. This finding, a result of nine years of dedicated research, fills a crucial gap in the understanding of how mammals heal. It could pave the way for new treatment options for chronic conditions, particularly diabetes.

primary market will take a breather next week with no new mainboard issues scheduled next week. However, in the SME segment, there are three companies launching their IPOs. Apart from these, the Street will see listings of 12 IPOs including that of KRN Heat Exchanges, which received a massive subscription of over 200 times.

China introduced significant policy measures, including a 20bp OMO rate cut, a 30bp MLF rate cut, and adjustments to the prime loan rates. Deposit rates will decrease by 20-25bp, and a 50bp RRR cut will inject around RMB 1 trillion in liquidity, with further cuts possible. The PBOC will also reduce mortgage rates by 50bp, lower the down payment ratio for second homes, and explore options for banks to purchase land from developers. Additionally, an RMB 500bn liquidity program for non-bank financial institutions and a re-lending initiative for share buybacks were announced. The Chinese stock markets surged following the announcements, with the CSI 300 rising 15% and the Shanghai Composite up 12%. Some economic commentators suggested that these measures could help China curb slowing GDP growth and shift the economy from investment to consumption. However, with India's weight in the MSCI AC World Investable Market Index recently surpassing China's, some are concerned that foreign investors may now reallocate more funds to China.

Many Canadians likely plug in their phone before going to bed to charge it during a period of the day when they don’t need it, but Montreal fire officials are urging people not to do so due to a potential fire risk.

Indian equity markets scaled new highs in the month of September on the back of 50 bps rate cut by the US Federal Reserve, boosting the sentiments of investors that the easing cycle is here to stay. The markets clocked gains in three out of four weeks during the month. Benchmark Sensex rose 1.22% in September, as many as 62 stocks on BSE 500 clocked double-digit gains of up to 35%. Among these, about seven of them offered over 25% returns to investors during the month.

money in the F&O segment in FY24. On average, these traders experienced net losses, including transaction costs, of around Rs 1.20 lakh per person in FY24. SEBI’s study highlights several important findings that shed light on emerging trading patterns in India. Some of these observations challenge common misconceptions and provide much-needed reality checks.

power sector presents a colossal multi-decade investment opportunity, with an estimated INR40 trillion in investments over the next decade. This potential is fuelled by three key drivers: rising power demand, a necessary shift towards renewable energy, and the modernization of aging infrastructure. Power demand in India is expected to grow at a faster rate, with a 7% CAGR over the next decade, driven by a robust economic outlook, urbanization, and new demand drivers such as electric vehicles (EVs), data centres, and the electrification of energy needs.