Sebi leases Rs 7 lakh/month Mumbai luxury flat for chairman; regulator says deal within Board policy – check details here

The Securities and Exchange Board of India (Sebi) has leased a luxury apartment in Mumbai’s upscale Prabhadevi locality for its chairman at a monthly rent of Rs 7 lakh. The apartment will house Sebi Chairman Tuhin Kanta Pandey, who took charge on March 1 this year.According to Sebi, the arrangement follows its existing policy. “Sebi…

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Nestle share price drops: Chairman Paul Bulcke to step down earlier than expected; food giant’s shares fall 0.5%

Nestle shares dipped on Wednesday after the food and beverage giant announced the “earlier than planned” exit of its chairman, Paul Bulcke, marking another shake-up at the top of the Swiss multinational.The news sent Nestle’s stock down 0.51% to 71.52 Swiss francs ($90.80) in early trading, weighing on the Swiss stock exchange’s SMI index, which…

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Digital registry! Centre to digitise database of land records; move to establish ownership rights, cut disputes

The government is working on building a comprehensive, integrated electronic database of land records that will clearly establish ownership rights in both rural and urban areas, supported by cadastral maps, land resources secretary Manoj Joshi told ET.Officials believe the move will enhance real-time access to land ownership details, improve the utilisation of land resources, reduce…

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‘Severe sectoral pain’: India’s exports to US fall for third straight month as Trump imposes 50% tariffs; what should be the policy response?

About one-third of Indian exports to the US face no tariffs, indicating that the actual impact on tariff-affected goods is significantly higher. (AI image) India’s exports to the US have fallen for the third straight month in August as Donald Trump administration’s 50% tariffs came into effect. According to Global Trade and Research Initiative founder…

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India, US agree to speed up trade talks

NEW DELHI: After a “positive meeting” between Indian and American trade negotiators, the two sides have decided to intensify efforts for a bilateral trade agreement, signaling lower turbulence going forward. Amid a conciliatory tone from American President Donald Trump over the last 10 days, India’s chief negotiator Rajesh Agarwal and other officials met a team…

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Denmark backs early conclusion of India-EU FTA

PM Narendra Modi reiterated India’s consistent support for peaceful resolution of Ukraine conflict and early restoration of peace and stability in a phone conversation with his Denmark counterpart Mette Frederiksen, as they discussed issues of regional and global significance. According to an Indian readout, Frederiksen reaffirmed Denmark’s strong support for conclusion of a mutually beneficial…

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