Sebi cancels registration of three stock brokers

Sebi cancels registration of three stock brokers

Tuesday, 31 January 2023 | PTI | New Delhi

Capital markets regulator Sebi on Monday cancelled the registration of three entities — Kaynet Capital, Kaynet Commodities and Kaynet Finance — as stock brokers for not meeting the conditions required under intermediaries rules. In addition, the Securities and Exchange Board of India (Sebi) has cancelled the registration of Kaynet Capital as...

UAE royals come to Adani rescue with $400 million

Tuesday, 31 January 2023 | PTI | New Delhi

Billionaire Gautam Adani’s embattled group clutched on to a $400-million investment by Abu Dhabi’s International Holding Co. In its flagship firm’s share sale to restore confidence in the conglomerate that saw nearly $ 70-billion rout in value after a tiny New York short seller came out with a damning report. Adani,...

Markets trade lower in initial trade amid weak global trends

Tuesday, 31 January 2023 | PTI | Mumbai

Equity benchmarks declined in initial trade on Tuesday amid an overall weak trend in the global markets as investors adopted a cautious approach ahead of the Union Budget presentation and interest-rate decision from the Federal Reserve. Also, continuous foreign funds outflow played spoilsport for the markets. The 30-share BSE benchmark Sensex declined...

22 cr beneficiaries under Ayushman Bharat as significant rise in govt spending: Eco Survey

Tuesday, 31 January 2023 | IANS | New Delhi

Social sector witnessed a significant increase in government spending, the Economic Survey presented by Finance Minister Nirmala Sitharaman on Tuesday noted. Nearly 22 crore beneficiaries have been verified under the Ayushman Bharat Scheme as on 4 January, 2023. Over 1.54 lakh health and wellness centres have also been operationalised across the...

Economic Survey prescribes slew of further reforms to accelerate growth

Tuesday, 31 January 2023 | IANS | New Delhi

Further reforms are needed to ensure that economic growth can both accelerate and be sustained at higher levels, to deliver a better quality of life, Economic Survey 2022-23 said. The deregulation and simplification of compliances should continue to dismantle the licensing, inspection, and compliance regime entirely, the Survey said. State governments have...

US pledges USD 1 billion in investments to Nepal

Tuesday, 31 January 2023 | PTI | Kathmandu

A top US diplomat on Monday met Nepal's senior leadership, including Prime Minister Pushpa Kamal Dahal "Prachanda", to further consolidate bilateral ties, and pledged USD 1 billion in investments in the Himalayan nation over the next five years. US Under Secretary for Political Affairs Victoria Nuland arrived here in Kathmandu on...

Tropical storm leaves 30 dead, 20 missing in Madagascar

Tuesday, 31 January 2023 | AP | Antanarivo (Madagascar)

Flooding and landslides caused by the passage of tropical storm Cheneso across Madagascar caused 30 deaths, left 20 people missing and affected tens of thousands across the Indian Ocean island nation, according to a provisional assessment Monday. The storm made landfall in the northeast of the island last Thursday and...

‘Dutch, Japanese join US limits on chip tech to China’

Tuesday, 31 January 2023 | AP | Washington

Japan and the Netherlands have agreed to a deal with the US to restrict China's access to materials used to make advanced computer chips, a person familiar with the agreement has said. The person, who spoke with the Associated Press on Sunday, declined to be identified because the deal hasn't yet...

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