India’s National Stock Exchange has approved a new unit to manage a national coal trading platform. This platform will allow electronic trading of physical coal using standardized contracts. It aims to address price inefficiencies and improve access for smaller participants. The exchange will facilitate physical delivery and potentially derivative products in the future.
SBI Q3 Results: Profit jumps 24% YoY to Rs 21,028 crore, NII rises 9%
SBI Q3 Results: India’s largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (YoY) growth in its standalone net profit