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Nilesh Shah bats for minimum qualifying criteria for F&O trading after Maharashtra man kills family, self over Rs 1.8 cr loss
Following a tragic incident in Maharashtra linked to stock market losses, Kotak AMC's Nilesh Shah called for mandatory qualification criteria for derivatives trading. Citing rising retail F&O losses and SEBI data showing most traders lose money, he urged stronger safeguards to curb excessive speculation in the market.
Overseas Retail Investors Can Now Directly Buy Indian Stocks After Ministry Of Finance Change
The opening comes with continued safeguards on sensitive capital flows.
Overseas Retail Investors Can Now Directly Buy Indian Stocks After Ministry Of Finance Change - NDTV Profit
Overseas Retail Investors Can Now Directly Buy Indian Stocks After Ministry Of Finance ChangeNDTV Profit
Vedanta Aluminium, Power, Oil & Gas, Iron & Steel Debut On NSE, BSE: Check Listing Prices
Vedanta had earlier said that the demerger will help in simplifying Vedanta's corporate structure with sector-focussed independent businesses and provide opportunities to global investors, including sovereign wealth funds, retail and strategic investors, with direct investment opportunities in dedicated pure-play companies through Vedanta's assets.
Wall Street week ahead: Spotlight on Federal Reserve rate decision, retail sales, Middle East, G7 summit
Market participants will be looking for signals on how the new Fed chief Kevin Warsh intends to tackle lingering inflation concerns while balancing economic growth
Beer sales rise 10% in Delhi this May as popular brands regain shelf space
Beer sales in May surged by nearly 10% year-on-year in Delhi, fueled by the return of popular national brands to retail shelves. These national brands now command a 54% market share, a significant jump from previous years, while other brands saw their share decline. This increase aligns with the peak season for beer consumption due to rising temperatures.
SpaceX Mania Powers New Retail-Risk Complex Beyond Wall Street
Wall Street just spent the week ricocheting between the macro and the mania.
Supply curbs bulk buyers shut out of retail fuel network
The government has restricted bulk diesel purchases from retail stations to 200 litres per customer and banned reselling to prevent diversion. This measure addresses a significant price gap between bulk and retail diesel, which had led to shortages and disruptions for ordinary consumers. The order remains in effect for 90 days.
PNB, Ujjivan raise FCNR deposit rates
Punjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move follows the RBI's announcement of a foreign currency swap window. Bank of Baroda has also introduced a new retail term deposit scheme for resident Indians. These initiatives aim to attract foreign capital and offer attractive returns to depositors.
Stifel raises PENN Entertainment stock price target on retail trends By Investing.com - Investing.com India
Stifel raises PENN Entertainment stock price target on retail trends By Investing.comInvesting.com India
Centre Caps Diesel Sales At Retail Outlets To Curb Hoarding, Black Marketing
Authorities also flagged instances of diesel being purchased in large quantities through jerry cans and subsequently resold.
India's May Retail Inflation Rises To 3.93% As Food Prices Bite
The uptick keeps the headline inflation just below the Reserve Bank of India's medium-term target of 4%.