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NEWS
Domestic funds remain net buyers in equities for the fifth straight month in July
Wed, Aug 04, 2021     Source : Economic Times
The net investment of domestic funds in the secondary equity market touched a 16-month high of Rs 15,437 crore in July 2021, the data from SEBI showed.
NEWS
Nifty hits 16,000, Sensex soars on corporate earnings, global cues
Wed, Aug 04, 2021     Source : Business Line
Drop in Covid cases, unlock too boost sentiments
NEWS
Mcap of BSE-listed companies surge to record high of Rs.240 lakh crore
Wed, Aug 04, 2021     Source : Mint
The market capitalisation of BSE-listed companies jumped to a record high of Rs.2,40,04,664.28 crore on Tuesday, driven by a rally in stocks that also saw the benchmark Sensex touching its lifetime peak of...
NEWS
Govt, RBI, Sebi watching markets closely: FM Nirmala Sitharaman
Wed, Aug 04, 2021     Source : Business Standard
FM said they are taking necessary measures to ensure orderly functioning of the stock markets and maintain macro-financial stability
NEWS
Sebi sets up an expert group to examine IPO book-building process
Wed, Aug 04, 2021     Source : Business Standard
Market regulator observes several shortcomings in the existing procedure
NEWS
GST officers detect Rs 7,421 crore tax evasion in April-June; recover Rs 1,920 crore
Wed, Aug 04, 2021     Source : Economic Times
GST officers have detected tax evasion of Rs 7,421 crore in the April-June period of the current fiscal, Parliament was informed on Tuesday.
NEWS
Total debt expected to rise to 61.7% of GDP in FY22: Minister
Wed, Aug 04, 2021     Source : Economic Times
The government on Tuesday informed Parliament that it expects the total debt as percentage of GDP to increase to 61.7 per cent (provisional) in 2021-22 from 60.5 per cent (provisional) in the previous fisc...
NEWS
Niti report: Discoms’ FY21 losses seen at `90,000 cr
Wed, Aug 04, 2021     Source : Financial Express
Industrial and consumer segments traditionally contribute more than 70% of discoms’ revenue, but use about 50% of the overall electricity supplied.
NEWS
Tax mop-up doubles in the first quarter but transfers to states shrink
Wed, Aug 04, 2021     Source : Business Standard
Devolution accounts for just 22% of gross tax revenue in the first quarter
NEWS
Covid-19: Second wave still not over, 'R-value' up in 8 states, warns Centre
Wed, Aug 04, 2021     Source : Mint
The Delta-driven second wave of the coronavirus pandemic is still not over and the 'R-Value' is inching up in eight states, the Central Government on Tuesday said, calling it a "significant problem".
NEWS
Mega-merger saves the day for Punjab National Bank
Wed, Aug 04, 2021     Source : Mint
Punjab National Bank’s (PNB) June-quarter metrics didn’t spell fresh trouble, nor did it see any big relief in the wake of the second covid wave.
NEWS
Sebi allows payments banks to act as investment bankers
Wed, Aug 04, 2021     Source : Economic Times
To provide easy access to investors to participate in public and rights issues by using various payment avenues, markets regulator Sebi on Tuesday allowed payments banks to carry out the activities of inve...
NEWS
RBI announces framework for outsourcing payment and settlement activities
Wed, Aug 04, 2021     Source : Business Line
Core management functions can’t be outsourced, it says
NEWS
Global banks' $170-billion haul marks most profitable year ever
Wed, Aug 04, 2021     Source : Business Standard
As the dust settles over earnings season, a total profit of more than $170 billion from a dozen of the biggest firms in the past four quarters shows how far the industry has come from the frazzled ear
NEWS
'Retail participation in equity market has reached an inflection point'
Tue, Aug 03, 2021     Source : Business Standard
In spite of a stellar run last year, India's retail participation is around the 4 per cent mark, unlike the US and China, where participation is 32 per cent and 11 per cent, respectively, he said
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