The SEBI order stipulates compliance with the Companies Act, 2013, and requires the government to report the acquisition to SEBI within 21 days.
The Trump tariff triggered selloff in IT, while pharma bucked the trend.
India faces a 26% reciprocal tariff—half of the 52% duty it levies on American imports. China, meanwhile, will see a 54% tariff in response to its 67% duty on US goods.
The Unified Payments Interface (UPI) experienced a temporary outage for the second time within a week.
Declaring April 2 as "Liberation Day", US President Donald Trump announced the tariffs but has exempted certain sectors. India’s pharmaceutical sector has made a big win, temporarily avoiding the new levies.
The Ministry of Coal has notified that the closing stock of coal at the domestic coal-based power plants, as on 31 October, this year was 25.6 Million Tons (MT) which is the highest ever in the month of October except for the Covid year of 2020-21.
Twitter has told advertisers that its daily user growth has hit an "all-time high" after Elon Musk's takeover last week, as several advertisers leave the platform amid internal chaos.
There are now a total of 22 private agencies which are engaged in mineral exploration. With the amendment of the Mines & Minerals (Development & Regulation) MMDR Act in 2021, private agencies can also participate in exploration for the mineral sector after getting duly accredited by QCI-NABET (Quality Council of India-National Accreditation Board for Education and Training).
About 58 per cent of healthcare industry professionals globally believe that digital transformation initiatives would be slowed down due to inflation and rising costs, a new report showed on Tuesday.
10 gram of 24 carat gold priced Rs 50,960 in India, while 10 gram of 22 carat gold cost Rs 46,680.
