Ease of compliance: RBI scraps 5,673 circulars; issues 244 master directions to streamline rules
The Reserve Bank on Friday completed a nearly six-month regulatory consolidation, repealing 5,673 obsolete circulars and subsuming over 3,800 into 244 function-wise master directions (MDs), the central bank said.In all, 9,446 circulars have been repealed, subsumed or withdrawn as part of the exercise, Deputy Governor S C Murmu said, describing the review as a “mammoth…
US markets today: Wall Street edges higher on final trading day of November; CME outage halts futures briefly
US stocks opened with modest gains on Friday as Wall Street wrapped up the last trading session of November on a shortened post-Thanksgiving schedule.The S&P 500 rose 0.2 per cent, the Dow Jones Industrial Average added 66 points, and the Nasdaq gained 0.4 per cent. Coinbase Global climbed 2.2 per cent as Bitcoin traded above…
Siddaramaiah vs Shivakumar in Karnataka: Did Congress high command fail to act on time, yet again? | India News
NEW DELHI: The Congress would have a strong feeling of deja vu about the turn of events in Karnataka. The grand-old-party stares at a political crisis in the state that threatens the very stability of its government. Ironically, while the crisis is in Karnataka, on test is the Congress high command – which has proved…
GDP grows at 8.2%, fastest in 6 quarters: What the data really says about Indian economy – explained
India’s GDP growth has consistently surprised on the upside in the last few quarters. (AI image) India’s GDP has grown at a robust 8.2% in the second quarter of the financial year – a number that beats all estimates by economists and even the RBI. The six-quarter high real GDP growth is expected to push…
Bitcoin in Modest Rally Mode After Thanksgiving as December Fed Rate Gets Locked In
Crypto-related stocks are higher across the board, led by the bitcoin miners. Source link
Karnataka CM tussle: Congress high command cracks whip; Sidda invites DKS for breakfast meet | India News
NEW DELHI: Karnataka chief minister Siddaramaiah on Friday said that he has invited DK Shivakumar for breakfast after the party high command asked them to have a meeting amid the ongoing “power tussle” over the chief ministerial post.“I invited deputy CM D K Shivakumar for breakfast tomorrow, as high command asked us to have meeting,”…
Reliance Industries Ltd: Shares hits fresh 52-week high as Jefferies reaffirms ‘buy’ – key factors driving the bullish stance
Reliance Industries Ltd (RIL)’s shares rose on Friday, touching a new 52-week high of Rs 1,580.90 on the BSE after global brokerage Jefferies reiterated its “Buy” rating with a price target of Rs 1,785, implying nearly 14% upside. The stock had ended the previous session at Rs 1,564. In early trade, RIL shares were up…
Punjab Cabinet approves empanelment of 300 specialist doctors | India News
CHANDIGARH: The Punjab Cabinet on Friday gave nod to empanel 300 doctors, specialised in 12 key domains, to improve healthcare services across the state. According to an official statement issued here following the meeting chaired by Chief Minister Bhagwant Mann, the cabinet gave nod to empanel 300 doctors across 12 key specialties, including medicine, pediatrics,…
Stocks making the biggest moves premarket: CME, TLRY, SNDK
Check out the companies making headlines before the bell. SanDisk — The maker of flash memory products, including memory cards, climbed more than 4%. The stock, spun off from Western Digita l last February, enters the S & P 500 on Friday. Tilray Brands — The cannabis processor and owner of Montauk Brewing slid 14%…