BUSINESS
CPEC expansion plan hits roadblock
Sources have confirmed that China has not agreed to expand cooperation with Pakistan in several areas including energy, water management and climate change under CPEC.
Stock exchanges introduce pre-emptive surveillance measures for small and mid-cap stocks
Market participants may note that the TFT framework shall be in conjunction with all other prevailing surveillance measures being imposed by the exchanges from time to time, BSE said in a circular.
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.
'US economy headed China's way as debt outpaces growth'
The US economy could face a "long, slow grind" as huge debts take their toll. There has been $8 trillion in new federal spending since 2021.
Stock exchanges introduce pre-emptive surveillance measures for small and mid-cap stocks
Market participants may note that the TFT framework shall be in conjunction with all other prevailing surveillance measures being imposed by the exchanges from time to time, BSE said in a circular.
'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.
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