Markets regulator Sebi has introduced a new framework to classify stock market benchmarks as “significant indices” if mutual fund schemes tracking them have a daily average cumulative assets under management (AUM) of more than Rs 20,000 crore for each of the preceding six months, PTI reported.The move is aimed at strengthening transparency, governance and accountability…
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Bitcoin BTC$81 476,63 extended gains to trade close to $82,000 during the European morning on Wednesday. Futures tied to Wall Street’s tech heavy index Nasdaq rose over 1% as risk assets rallied across the globe while oil crashed as reports of progress in U.S.–Iran peace talks boosted risk sentiment. Futures tied to WTI crude oil fell…
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NEW DELHI: Taking a crucial step towards boosting the country’s nuclear energy programme, Atomic Energy Regulatory Board (AERB) has sanctioned “major equipment erection” at Units 5 and 6 of Kudankulam nuclear power plant (KKNPP).The permission, granted on April 30, marks a significant shift from civil construction to core plant development by allowing Nuclear Power Corporation…
Petrol (Gasoline) prices in the United States have surged sharply since the start of the Iran war, with the average price of regular fuel climbing to $4.48 per gallon, up 31 cents in the past week alone, AP reported citing AAA.Fuel prices are now about 50 per cent higher than before the conflict began, driven…
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