File photo: Sebi chairman Tuhin Kanta Pandey (Picture credit: PTI) MUMBAI: New vectors of risk are emerging in India’s securities market as capital market participants increasingly rely on third-party service providers and cloud-based platforms, Tuhin Kanta Pandey, chairman of Sebi, said at the Global Fintech Fest 2025 on Wednesday. “Sometimes these risks extend beyond traditional…
Navi Mumbai International Airport’s Terminal 1 will have 66 check-in counters, 29 aerobridges, 22 self-baggage drop counters and 10 bus boarding gates. The new airport will feature India’s largest aircraft maintenance, repair, and overhaul (MRO) facilities, positioning itself as a significant cargo transportation centre. Source link
The steel industry has received a temporary reprieve from the BIS rule, which had forced importers to obtain certificates for both finished steel products and raw materials.The October 6 exemption puts a stay on the earlier certification order introduced on June 13.It applies to three Indian Standards: IS 6911, IS 5522, and IS 15997, covering…
US President Donald Trump’s ‘Liberation Day’ tariffs have brought limited tariffs for the United States even after six months of introduction, former IMF deputy managing director Gita Gopinath said.In a post on X, the she explained that while the tariffs have significantly boosted government revenue, the gains have come largely at the expense of domestic…
Wall Street stocks showed modest gains on Wednesday, with the S&P 500 inching 0.1% higher near its record high, while the Dow Jones fell slightly by 20 points and the Nasdaq rose 0.3%. Investors remain cautious following the US government shutdown, which delayed major economic data releases, including the monthly jobs report, AP reported.Technology and…
NEW DELHI: Prime Minister Narendra Modi on Wednesday made a spirited pitch for boosting manufacturing investments in the country, saying that it is the “best time to invest, innovate and make in India” which should be positioned as a “trusted partner” in the global supply chain. The statement comes when India faces tariffs headwinds from…
India’s physically backed gold exchange-traded funds (ETFs) recorded their biggest-ever monthly inflow in September, pushing total assets under management to a record $10 billion, according to World Gold Council (WGC) data cited by Reuters. The surge came as investors turned to gold amid weak stock market returns and persistent geopolitical uncertainty.Gold ETFs saw inflows of…
Tata Motors’ shares fell 6.8% over the past four sessions to touch Rs 689.3 on the BSE on Wednesday, slipping below the Rs 700 mark as investors awaited the record date for the company’s upcoming demerger. The decline comes amid market anticipation of the separation of its commercial and passenger vehicle businesses, alongside the phased…
PM Modi with communications minister Jyotiraditya Scindia, his deputy Chandra Sekhar Pemmasani, chairman of Reliance Jio Infocomm Akash Ambani, and Bharti Group chairman Sunil Bharti Mittal at the inauguration of the India Mobile Congress NEW DELHI: Prime Minister Narendra Modi on Wednesday made a pitch to boost investments in manufacturing in the country, saying, it…
BENGALURU: Infosys chairman Nandan Nilekani said India’s “Finternet” initiative, which is a digital infrastructure framework that integrates tokenisation, AI, and regulated finance, is set to expand across 20 ecosystems in four continents and see live implementations by 2026.Speaking at the Global Fintech Fest (GFF) 2025 in Mumbai, Nilekani described Finternet as India’s vision to build…