Gold delivered higher returns than American and Indian stock markets in last 25 years: Report
Gold has emerged as a strong performer in terms of returns since 2000, surpassing major stock market indices such as the S&P 500 and Nifty 50 over the last 25 years, according to a report by Aequitas.
Wall Street ends mixed; Nvidia lifts Nasdaq
Yields across government bonds slipped for a second straight day after data showed U.S. retail sales fell more than expected in January, dropping 0.9% last month after an upwardly revised 0.7% increase in December.
Gaekwad bid for Religare refused, ‘lacks fin proof’
Gaekwad had requested Sebi’s exemption under takeover rules to propose ₹275 a share for Religare, offering a 17% premium to the Burmans’ offer of ₹235. He was obligated to deposit ₹600 crore by Thursday in a Reserve Bank of India-nominated bank account to prove his financial capacity.
Sebi to tighten standards for listed companies: Buch
The Sebi chief said she would be happy to throw the entire Listing Obligations and Disclosure Requirements (LODR) Regulations into the bin, barring RPT.
RBI fines Shriram Fin, Nainital Bank and Ujjivan
The Reserve Bank of India fined Shriram Finance, Nainital Bank, and Ujjivan Small Finance Bank for not adhering to regulatory guidelines. Nainital Bank was fined Rs 61.40 lakh for issues with interest rates and customer service, Ujjivan received a Rs 6.70 lakh fine for not issuing loan agreements, and Shriram Finance was penalized Rs 5.
Trump, Tariffs & Trades: Sensex ends in red for 8th straight day
Nifty fell 102 points, or 0.44%, to close at 22,929. Sensex declined 199 points, or 0.26%, to end at 75,939. Both indices have declined 2.5-2.7% this week. “We have seen weakness in the market because, in recent days, even retail participants and HNIs(high networth individuals) have started booking profits along with FPIs,” said Amit Khurana, […]
Sachin Bansal assumes chairman role at Navi, appoints new CEOs
In his new role, Bansal will focus on exploring growth opportunities for Navi, driving mergers and acquisitions, and enhancing the company’s compliance and risk management frameworks. “As the company grows, so do the demands from a compliance and regulatory perspective,” Bansal explained.