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Sebi widens probe into market use for black money


As Sebi widens its probe into use of stock market platforms for evading taxes and laundering black money,a large number of small NBFCs and brokers have come under its scanner for having facilitated illicit transactions worth thousands of crores of rupees over the past 2-3 years.

Updated on : 21-12-2014 04:58 PM
Sensex extends gains, up 87 points in early trade

The benchmark BSE Sensex gained over 87 points in early trade on Monday on mild buying by funds and investors amid robust global trends coupled with positive domestic sentimen...

Updated on : 22-12-2014 10:19 AM
Bank strike on multiple days in January: Unions

Bank employees’ unions most likely to go on strike in the month of January, seeking a resolution to their demand for a wage hike. They have also threatened of an indefin...

Updated on : 20-12-2014 05:43 PM
SpiceJet resumes operations after being grounded on fue...

After all its flights remained grounded for most part of the day on Wednesday, cash-strapped SpiceJet resumed operations in the evening as oil companies, which had stopped f...

Updated on : 17-12-2014 06:54 PM
Trade deficit widens to USD16.8 bn; gold imports surge ...

An over six-fold jump in gold imports in November has pushed country's trade deficit to one-and-a-half year high of USD 16.86 billion in the month, causing fresh concerns for ...

Updated on : 16-12-2014 10:37 AM
Inflation hits zero level, lowest in over 5-years

Declining prices of vegetables and fuel items pulled down the inflation to zero level in November, the lowest in about five and half years, exerting pressure on RBI to cut rat...

Updated on : 15-12-2014 07:45 PM
After sluggish 2014, India awaits 'promising' 2015 for ...

Pinning hopes on dividends from 'Make in India' campaign and a conducive business environment, India expects a promising year ahead for its exports and improve on its estimate...

Updated on : 15-12-2014 11:21 AM
Consumers
Aadhaar not mandatory for LPG subsidy; bank a/c to do: ...

Government has made it clear that Aadhaar number was not mandatory for transfer of subsidy amount of LPG cylinder and the option of providing a bank account is also available ...

Updated on : 18-12-2014 09:39 AM
Corporate
Essar signs $10 bn pact to import oil from Russia's Rosneft

In one of the biggest oil deals, Essar Group on Thursday signed a USD 10 billion contract to import crude oil from Russia over a 10-year period.

Updated on : 15-12-2014 06:42 PM
Economy
India likely to grow between 5-6 pc in 2015: Moody's

Indian economy is expected to pick up pace in 2015 and grow in the range of 5 to 6 per cent, helped by strong domestic demand, rating agency Moody's said.

Updated on : 15-12-2014 06:47 PM
Markets
SEBI mulls prudential governance norms for stock brokers

After prescribing a new Corporate Governance Code for listed companies, capital markets watchdog SEBI is now mulling over a new set of Prudential Governance Norms for stock br...

Updated on : 21-09-2014 01:49 PM
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Direct LPG subsidy transfer to users across n...

Direct LPG subsidy transfer to users across n...

Updated on : 15-12-2014 08:04 PM
Beginning new year, LPG consumers across the country will start getting cash subsidy so that they can buy the cooking fuel at market price.
Modi seeks direct Indo-Russian diamond trade

Modi seeks direct Indo-Russian diamond trade

Updated on : 13-12-2014 02:07 AM
Aiming to make the country a diamond hub, Prime Minister Narendra Modi on Thursday invited Russia's mining companies like Alrosa to do business directly with India and ask....
Hike in excise duty aimed to meet budget defi...

Hike in excise duty aimed to meet budget defi...

Updated on : 05-12-2014 09:42 AM
A day after the government hiked excise duty on petrol and diesel for the second time in three weeks, Oil Minister Dharmendra Pradhan on Wednesday said the move was mean....
Current Affairs
'Clean India, Green India' theme of new Govt calendar

'Clean India, Green India' is the theme of the new Government of India calendar 2015 which focuses on Prime Minister Narendra Modi's initiative, the Swachh Bharat Mission.

Updated on : 19-12-2014 09:19 AM
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