Sound governance provides strong foundation for asset reconstruction companies: RBI
In his keynote address, M. Rajeshwar Rao highlighted that sound governance provides a strong foundation for the ARCs to build a robust business model.
In his keynote address, M. Rajeshwar Rao highlighted that sound governance provides a strong foundation for the ARCs to build a robust business model.
The Securities and Exchange Board of India (SEBI) has proposed allowing Indian mutual funds to invest in overseas mutual funds or unit trusts that in turn invest a portion of their funds in Indian securities.
Sensex opened higher at 73,711.31, and closed 253.31 points, or 0.34%, at 73,917.03. Nifty 50 opened higher at 22,415.25, and closed up 62.25 points, or 0.28%, at 22,466.10.
India equity indices were in red on Friday following muted global cues.
Nearly one out of five imported vehicles in South Korea were battery-powered ones in the January-April period despite slowing sales of electric vehicles (EVs) globally, industry data showed on Friday.
Aligning with India’s data localisation norms, Google Cloud on Friday announced to bring its AI-powered security operations (SecOps) region to India.
Cloud software major Zoho's Founder and CEO Sridhar Vembu on Friday said the company is not ready to announce anything yet regarding investments in a semiconductor fabrication unit.
In US dollar terms, India is the fifth largest economy with a size of about $3.7 trillion in nominal terms.
Among the sectors, barring Nifty PSU Bank, all sectoral indices ended higher.
Bengaluru’s Periphery and Outer East micro-market saw the steepest rise at 32 per cent followed by the Periphery and Outer North with 18 per cent annual growth in average housing prices.