Sebi has barred Elitecon International and promoter Vipin Sharma from the securities market for alleged stock price manipulation. The regulator ordered the return of ₹51 crore in illegal gains, citing a ‘pump-and-dump’ scheme and misleading disclosures, including a significant expansion of share capital and failure to report GST demands.
No need for a rate hike unless inflation spikes: Economists
Bank economists have told the Reserve Bank of India that there is no immediate need to raise the repo rate or change the monetary policy