Mumbai: The National Stock Exchange (NSE) cannot list or trade its shares on its own platform following its proposed initial public offering under the existing regulatory framework, BSE Managing Director and CEO has said, according to a CNBC-TV18 report. The clarification comes amid speculation over whether the NSE IPO could eventually pave the way for the … Read more
Mumbai: surrendered intraday gains to finish lower on Thursday as rising crude oil prices and volatile bond yields revived concerns over inflation and the possibility of interest rates remaining elevated. The Sensex dropped 417.49 points, or 0.55%, to settle at 76,152.86. The Nifty 50 declined 41 points, or 0.17%, to close at 23,873.45. Nifty Faces … Read more
Mumbai: The for the fifth consecutive session on Thursday, gaining 14 paise to close provisionally at 94.59 against the US dollar, supported by record FCNR(B) deposits and strong foreign institutional investor inflows. At the interbank foreign exchange market, the rupee opened at 94.30 and touched an intraday high of 94.26 before settling at 94.59. It … Read more
Mumbai: has emerged as the lowest bidder for an East Coast Railway project valued at Rs 404.88 crore, including goods and services tax. The state-owned railway infrastructure company disclosed the development in a regulatory filing dated September 3. It said the contract was secured during the normal course of business and had been awarded by … Read more
New Delhi, September 3, 2026: Markets regulator Sebi on Thursday proposed permitting net settlement of funds for transactions undertaken by mutual fund schemes in the cash market, while continuing settlement of securities on a gross basis, aiming to reduce temporary liquidity requirements. Sebi Proposal “The proposal is intended to facilitate ease of doing business, improve settlement … Read more
Mumbai: will overhaul the way government expenditure is recorded from April 1, 2027, adopting a standardised budget accounting framework designed to make public spending easier to track and compare. The state government has approved the uniform object-head structure recommended by the Comptroller and Auditor General (CAG), according to a Government Resolution issued by the Finance … Read more
Mumbai: has received a show-cause notice proposing a Goods and Services Tax demand of Rs 164.14 crore, including applicable interest and penalty, for the financial year 2022-23. The private sector lender disclosed the development in a regulatory filing to the BSE and National Stock Exchange on September 3, 2026. Notice linked to bullion business The … Read more
New Delhi, Sep 3: Alliance Insurance Brokers settled more than Rs 75 crore in insurance claims across jewellery and specie-related risks during the financial year ended March 2026, with employee dishonesty, theft and transit losses emerging as key areas of exposure, the company said. The broker said it settled Rs 32.26 crore in jewellery and specie … Read more
Fourteen Civil Society Organisations in Manipur praised the state assembly’s resolution to update the NRC. The CSOs have long demanded this, insisting that 1951 must be the base year for the exercise to address illegal immigration concerns. CSOs Welcome Assembly Resolution Fourteen Civil Society Organisations (CSOs) of Kangleipak have welcomed the Manipur Legislative Assembly’s resolution … Read more
Hong Kong won the toss and opted to field against India in the Women’s Asia Cup 2026. While India looks to address its middle-order collapse from the last game, Hong Kong is aiming to bounce back from a heartbreaking defeat against Thailand. Hong Kong Women have won the toss and opted to field against India … Read more