BUSINESS
'China’s unfair trade practices have forced EU to become more assertive'
But Europe has no intention of cutting relations with China or seeking self-sufficiency or import substitution, Valdis Dombrovskis said during a Monday keynote speech at Tsinghua University, CNN reported.
RBI fines SBI, Indian Bank for breach of norms
A penalty of Rs 1.3 crore was imposed on State Bank of India (SBI), Rs 1.62 crore on Indian Bank, Rs 1 crore on Punjab & Sind Bank, and Rs 8.80 lakh on Fedbank Financial Services, the RBI said in separate press statements.
Govt likely to offer interest subsidy on loans to small home buyers
Prime Minister Narendra Modi has already announced the plan in his Independence Day speech from the ramparts of the Red Fort and work on implementing the scheme, which will be put up for Cabinet clearance, is now underway, the official said.
Big unlisted companies may come under tighter regulatory norms
According to sources, among the steps that are being considered is the mandatory submission of quarterly financial statements by unlisted companies including major startups in order to keep a closer scrutiny on their financial position and check malpractices.
Nifty ends flat amid dampened sentiment
While Nifty 50 closed flat at 19,674.55, Sensex closed nearly 15 points, or 0.02 per cent, up at 66,023.69.
Delta Corp plummets over 18% after intimation to pay Rs 11,139 cr in GST
The company’s market cap is Rs 3.829 crore. The stock closed at Rs 143, down 18.4 per cent, on the BSE.
Government extends stock limit time period for tur, urad till Dec 31
It has also revised the stock holding limits for certain stockholding entities.
India smart TV market up 8% in 1st half of 2023, ships 4.5 mn units: Report
According to the International Data Corporation (IDC), the share of the online channel grew by 25 per cent in 1H23 (year-over-year), reaching 39 per cent driven by online sales festivals.
Sensex falls below 66K mark
BSE Sensex was down 163 points at 65,845 points. Infosys, L&T, Indusind Bank, Wipro, TCS were down more than 1 per cent.
India begins chip journey in just 15 months, Micron a beacon to all investors: MoS IT
Speaking to IANS, the Minister said that semiconductor manufacturing -- which is at the frontier of engineering and science/technology and a very high-level area -- opportunities in the country are now immense and investments in this field will go to states that respond fast while creating an enabling environment, infrastructure and policies.
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