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News and Updates

Criteria for entry, exit of stocks in F&O segment revised by SEBI

Criteria for entry, exit of st...

By Shahrukh Ansari 31 August 2024
The requirements for equities to be included in the futures and options (F&O) segment have become more stringent, according to the Securities and Exchange Board of India (SEBI). To avoid...
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RBI plans to launch Unified Lending Interface
RBI plans to launch Unified Lending Interface
The Reserve Bank of India (RBI) Governor Shaktikanta Das stated...
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Maharashtra implements Unified Pension Scheme
Maharashtra implements Unified Pension Scheme
The Unified Pension Scheme (UPS) for employees has been implemented...
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SEBI Bans Anil Ambani From Market
SEBI Imposes Market Ban On Anil Ambani & 24 Others
The Securities and Exchange Board of India (SEBI) has fined...
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Paytm to sell entertainment business to Zomato
Paytm to sell entertainment business to Zomato
In an exchange filing on 21st August, the digital payments...
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RBI Governor Mr. Das ranked top central banker globally
For the second consecutive year, the Reserve Bank of India (RBI) Governor Shaktikanta Das has been rated “A+” among all the central bank chiefs around the globe. The governor was...
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RBI’s New Rules for NBFCs from 2025
The rules governing investments in housing finance companies (HFCs) and non-banking finance companies (NBFCs) have been updated by the Reserve Bank of India (RBI). The RBI has made changes to...
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ISRO Small Satellite Launch Vehicle Successful
A significant step forward for India’s space aspirations has been achieved by the Indian Space Research Organization (ISRO) with the successful completion of the third and last developmental flight of...
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SEBI asks Investment Advisers, Analysts to disclose AI tool usage to clients
In order to prevent unintentional data exposure, Sebi has advised that registered investment advisers and research analysts who use artificial intelligence (AI) tools in their services notify customers about the...
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Deepak Sood appointed as IRDAI Whole Time Member
On August 12, 2024, the Central Government named Deepak Sood as a Whole Time Member (Non-Life) of the Insurance Regulatory and Development Authority of India (IRDAI). At present, Sood holds...
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SEBI Chairman’s response to Hindenburg raises new questions
Hindenburg Research in a post on X on 11th August said “Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch’s response to our report includes several important admissions...
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Additional 2 Crore Rural Houses To Be Constructed Under PMAY
The Department of Rural Development’s proposal to build additional two crore houses under the Pradhan Mantri Awas Yojana – Gramin (PMAY-G) has been approved by the Union Cabinet, which is...
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Hindenburg Research suggests something ‘big’ soon in India
After the 2023 Adani shock, Hindenburg Research made hints about a potential ‘big’ India reveal. On 10th August, 2024, the US short seller posted on X, “Something big soon India.”...
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Property Share receives India’s first SM REIT License from SEBI
Property Share, a fractional ownership platform (FOP), has been granted the nation’s first Small and Medium Real Estate Investment Trust (SM REIT) license by the Securities and Exchange Board of...
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SEBI Suggests Rules Relaxation for Investment Advisors
The Securities and Exchange Board of India (SEBI), which oversees the country’s capital markets, has suggested relaxing the rules and limitations pertaining to registered investment advisors (RIAs).  SEBI’s recommendations follow...
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Indian Medals in Olympics 2004-2020
Held once in every 4 years, Olympic Games is one of the biggest multi-sport events in the world. Many Indian players participate in this event, and make our country proud...
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Union Ministers roll out a Set of Commemorative Postage Stamps on Paris Olympics
To commemorate the XXXIII Paris Olympics, a set of commemorative postage stamps was unveiled on 5th August by Union Ministers of Youth Affairs & Sports, Labour & Employment, and Communications...
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Delhi Government To Introduce New Law For Coaching Centres
Following the tragic flooding that claimed the lives of three UPSC candidates, the Delhi government is planning to introduce a new legislation governing coaching centers in the nation’s capital, according...
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India’s First Sunken Museum opens at Humayun’s Tomb Complex
On July 29, 2024, India’s first underwater museum opened its doors at the well-known Humayun’s Tomb complex in New Delhi.  Gajendra Singh Shekhawat, the Union Culture Minister, reportedly gave the...
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Union Budget 2024 hikes Capital Gains Tax with Immediate Effect
In the Union Budget speech held on 23rd July, Finance Minister Nirmala Sitharaman announced an increase in both the long-term (LTCG) and short-term (STCG) capital gains taxes with immediate effect....
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