BUSINESS
SEBI eases norms for mandatory bond issuances, announces incentives
LCs (Large corporates) that have a shortfall will be disincentivised by being asked to pay an additional contribution to the CSF, added the circular. The market regulator has been trying to deepen the corporate bond market, and this circular is in line with that effort, to ease the framework for fundraising by issuing debt securities by LCs.
US Federal chief says inflation 'still too high'
Shorter-term measures of core inflation over the most recent three and six months show that price growth has slowed to below 3 per cent, but these shorter-term measures are "often volatile," Powell said on Thursday in a speech before the Economic Club of New York, Xinhua news agency reported.
Go First cancels all flight operations till Nov 30
“We regret to inform you that due to operational reasons, Go First flights scheduled till 30th November 2023 have been cancelled. We apologise for the inconvenience caused by the flight cancellations,” it said in a statementy.
Demand for skilled Indian youth growing globally, says PM Modi
PM Modi also emphasised the need to provide training in soft skills like basic foreign language using Artificial Intelligence tool for language interpretation which will make the Indian youth more attractive for foreign recruiters.
Food prices to remain stable during festive season: Centre
Food secretary Sanjeev Chopra told media persons that government is using all tools to control prices.
Blinkit’s losses up over 8% to reach 1,078 cr in FY23, revenue surges 3X: Report
Delivery and related charges were behind 29.2 per cent of the total expenses, reports Entrackr.
Israel-Hamas conflict negatively impacts market confidence
The Nifty metal was down by 0.88 per cent. Market confidence has been negatively impacted by the Israel-Hamas conflict, FII outflows, and the poor Q2 earnings of major firms, he added.
OnePlus commits the OnePlus Open is good for 1 million ‘opens’
As the company geared up to launch its much-anticipated foldable device with top-notch features globally on Thursday, Liu told IANS in an exclusive interaction that the key to this exceptional longevity is the single-spine hinge architecture the company has employed.
Financial stocks likely to face more selling pressure due to large FPI exposure
The market had not positioned itself for the US 10-year bond yield at 4.95 per cent and, therefore, this unexpected spike in yields will take its toll on equity markets, he said.
Dabur subsidiaries face lawsuits in US, Canada alleging hair relaxer products caused ovarian, uterine cancer
Dabur gave details of litigations pending in the US, against Namaste Laboratories LLC (Namaste), Dermoviva Skin Essentials Inc. (Dermoviva) and Dabur International Ltd. (DINTL), all of which are subsidiaries of Dabur India Limited.
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