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NEWS
Markets rebound for the second day on the trot as investors 'buy the dip'
Tue, Jun 22, 2021     Source : Business Standard
Stocks fell sharply on both, Friday and Monday after a Fed official said he sees rate hikes as early as next year. However, they recouped losses on both days.
NEWS
Govt mulling ways to ease tax burden on foreign AIF investors
Tue, Jun 22, 2021     Source : Business Standard
Such investors have had to bear higher taxes on their investment because of the goods and services tax (GST) borne by such funds, which is ultimately passed on to the investors
NEWS
Govt eases listing norms for companies having over Rs.1 lakh cr m-cap
Tue, Jun 22, 2021     Source : Mint
Companies that have a market capitalisation of more than Rs.1 lakh crore at the time of listing can now sell just five per cent of their shares, with the latest amendment in rules, a move that will be bene...
NEWS
Rs 6,322-crore steel PLI scheme likely to get Cabinet approval soon
Tue, Jun 22, 2021     Source : Business Standard
A PLI scheme in specialty steel is expected to boost manufacturing capabilities for value-added steel, increasing exports
NEWS
5G spectrum auctions: DoT may not ask Trai for base price revision
Tue, Jun 22, 2021     Source : Business Standard
The 5G auction will include 3,300 MHz to 3,600 MHz bands, along with milimetre waves
NEWS
FDI in India, 3 others rose in 2020 amid 35% fall in global flows: UNCTAD
Tue, Jun 22, 2021     Source : Economic Times
The United Nations Conference on Trade and Development (UNCTAD) on Monday said that China, Hong Kong, India and the UAE have defied the global trend and witnessed a 4% growth in foreign direct investment (...
NEWS
Mukesh Ambani says no option but to make businesses green
Tue, Jun 22, 2021     Source : Economic Times
Asia's richest man Mukesh Ambani on Monday said there is no option for businesses but to go green and every unit of Reliance Industries would have to pivot as the conglomerate moves towards net-zero.
NEWS
Centre to tighten e-commerce rules
Tue, Jun 22, 2021     Source : Mint
India plans to tighten rules for e-commerce marketplaces, including Amazon and Flipkart, following complaints from small businesses of misuse of market dominance and deep discounting by the online retailer...
NEWS
After 41 per cent excess rain, monsoon turns slightly indifferent
Tue, Jun 22, 2021     Source : Business Line
To come back to life in July-August-September
NEWS
PNB must clarify on its deal with Carlyle
Tue, Jun 22, 2021     Source : Mint
About 20 years ago, Maruti Suzuki India Ltd’s plan to raise capital through a rights issue had to be stalled, because the government of India wasn’t willing to budge on its demand for a ‘control premium’.
NEWS
Fixed deposit returns may not rise in near future
Tue, Jun 22, 2021     Source : Economic Times
Savers looking for higher rates of interest can give up hope for sometime as the belief that all savers do not lose in lower rate regime is gaining ground
NEWS
Cooperative banks need a single regulator
Tue, Jun 22, 2021     Source : Financial Express
PMC episode and the role of state govts underscores the need for this, need to amend relevant laws
NEWS
China orders Alipay, banks not to assist cryptocurrency trading
Tue, Jun 22, 2021     Source : Business Standard
Bitcoin declines to two-week low and ether falls 13% as crackdown widens
NEWS
Dividend payouts of Nifty firms climb to 4-year high
Mon, Jun 21, 2021     Source : Mint
India’s largest publicly traded companies returned the most surplus earnings to shareholders in four years in the just-ended fiscal, indicating a paucity of investment options and low capacity utilization ...
NEWS
Market direction hinges on corporate earnings growth, bond yields
Mon, Jun 21, 2021     Source : Business Standard
Lockdowns to curtail the lethal second wave of Covid-19 infections have resulted in some earnings downgrade
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