Business

Sebi proposes revised rules for cyber-security framework Sebi’s recent clarifications on its Cybersecurity and Cyber Resilience Framework introduced tiered compliance standards, reducing requirements for smaller intermediaries. While the move is seen as a step toward strengthening market security and aligning with global norms, experts caution that smaller firms may still struggle with the costs and…

Historical patterns indicate a potentially muted period for Indian equity markets in September. Last year during this month, Indian stocks reached their highest points before experiencing significant volatility.Statistical analysis by Motilal Oswal Financial Services, cited by Economic Times, reveals that both Nifty 50 and Nifty 500 have declined in six out of the previous ten…

Data reveals a decline in India’s US T-bill investments in June compared to the previous year, whilst its gold reserves increased during this period. (AI image) US Treasury bills seem to be losing favour, with the Reserve Bank of India (RBI) stepping up gold holdings to increase India’s foreign exchange reserves. India’s central bank has…

The HSBC report indicated that substantial domestic demand continued to support significant increases in factory orders. (AI image) In a big boost for the Indian economy, the manufacturing sector Purchasing Managers’ Index (PMI) rose to a 17.5-year high in August.The manufacturing sector demonstrated increased growth in August, with PMI rising to 59.3 from July’s 59.1,…

Peter Navarro (File photo) US President Donald Trump’s advisor Peter Navarro renewed his criticism of India, accusing the country of indirectly funding Russia’s war in Ukraine through discounted oil purchases—and claiming that Brahmins are profiting at the expense of Indians.“Look, Modi’s a great leader. I don’t understand why he’s getting into bed with Putin and…

Reserve Bank of India Deputy Governor M Rajeshwar Rao on Sunday flagged off a walkathon on cyber security awareness at Sukhna Lake here, stressing that banking services, especially digital platforms, are designed for public convenience and must be used responsibly.The walkathon, organised by the Bankers’ Club, Chandigarh, saw enthusiastic participation from bankers across the region,…

The Trump family’s latest foray into cryptocurrency has triggered questions over conflict of interest after a $750 million transaction put their businesses on both sides of the deal, The Wall Street Journal reported.According to the WSJ, the arrangement centres on World Liberty Financial (WLFI) — the Trump family’s flagship crypto venture launched last year. Earlier…

The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Centre to announce immediate relief measures after the United States imposed 50 per cent tariffs on Indian goods, a move that exporters say has started hurting the $40 billion industry.The penal duties, which came into effect on August 27, have already disrupted shipments to…

Gold prices, which touched fresh record highs in India last week, may face a crucial test in the coming days as global macroeconomic cues and Federal Reserve signals drive investor sentiment, analysts said.The most-traded October contract on the Multi Commodity Exchange (MCX) surged to an all-time high of Rs 1,04,090 per 10 grams on Friday…

The losses faced by Indian textile exporters due to steep reciprocal tariffs imposed by the United States may be cushioned by rising exports to the United Kingdom under the recently concluded India-UK Free Trade Agreement (FTA), CareEdge Ratings said in a report.The ratings agency noted that ongoing negotiations with the European Union could further open…