Business

[ad_1] India’s capital market regulator is proposing allowing asset management companies to offer hedge fund-like products for mom-and-pop investors as it steps up efforts to curb proliferation of unauthorized investment products.The Securities and Exchange Board of India has proposed a “new asset class” that will lie between a traditional pooled investment vehicle like a mutual…

[ad_1] Are you planning to take a loan? It’s important to know that your credit score, also commonly known as the CIBIL score, has an impact on the interest rate that banks charge you for the loan. The higher your credit score, the more likely it is that banks and financial institutions will charge you…

[ad_1] Morgan Stanley‘s profit rose in the second quarter as investment banking activity rebounded on strength in equity and debt underwriting.Shares of the bank still fell 2% in choppy premarket trading as wealth management revenue rose only marginally, after powering growth through most of 2022 and 2023.The segment’s revenue increased to $6.8 billion in the…

[ad_1] A startup based in California, has claimed to have developed a process for creating butter without the use of milk or any other dairy product. The company, named Savor, backed by Microsoft founder Bill Gates said it produces butter using a combination of carbon dioxide, hydrogen, and oxygen chains, and asserts that the resulting…

[ad_1] NEW DELHI: National Company Law Tribunal on Tuesday admitted the BCCI‘s application seeking insolvency proceedings against Byju’s.This came after the law tribunal said that “it cannot be disputed” that the parent of the ed tech firm, Think & Learn Private Limited, had availed the services of the cricket board and had defaulted on over…

[ad_1] NEW DELHI: Several states in India, including New Delhi, Karnataka, Haryana, Punjab, Tamil Nadu, Goa, and Kerala, are exploring pilot projects to allow home delivery of liquor through online platforms such as Swiggy, BigBasket, Zomato, and its Blinkit quick-commerce arm. The initial focus will be on low-alcohol drinks like beer, wine, and liqueurs, according…

[ad_1] By Parizad SirwallaBudget 2024 income tax expectations: The Finance Minister (FM) will present the full Union Budget for Financial Year (FY) 2024-25 in Parliament on July 23rd. The Budget is of significant interest to individual taxpayers as they have a long wish list of the desired announcements on the personal tax front from the…

[ad_1] Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Tuesday after record closing highs in the previous session. While BSE Sensex was close to 80,800, Nifty50 was above 24,600. At 9:17 AM, BSE Sensex was trading at 80,795.61, up 131 points or 0.16%. Nifty50 was at 24,619.30,…

[ad_1] SHANGHAI: At a job fair for soon-to-be graduates in central Shanghai, recruiters sat bored under washed-out tarpaulins as rain and an apparent lack of interest kept potential young employees away.The empty seats belied China’s stubbornly high youth unemployment rate — a problem so pressing that President Xi Jinping has told top Communist Party (CCP)…

[ad_1] NEW DELHI: Securities and exchange board of India (Sebi) served administrative warning to Paytm over two transactions with Paytm Payments Bank conducted in the fiscal year 2021-22. Paytm on Monday said in its filing that it has strictly followed all regulatory requirements and compliance standards.The two transactions were of 3.24 billion rupees ($38.8 million)…