India one of the fastest-growing insurance markets in the world: Eco Survey

New Delhi (IANS) India is one of the fastest-growing insurance markets in the world and is expected to emerge as one of the top six insurance markets by 2032, according to the Economic Survey 2022-23 that was presented in the Parliament on Tuesday.

Combined index of eight core industries rose 7.4% in Dec 2022

New Delhi (IANS) The combined index of eight core industries rose to 7.4 per cent in December 2022 against 4.1 per cent in the corresponding month of 2021, according to official data released on Tuesday.

In April-December 2022, the core industries'…

Indian economy remains a 'bright spot', says IMF

Washington (IANS) India's economy has retained the crown of "a bright spot" in the International Monetary Fund's latest World Economic Outlook report released on Monday and it is slated to account for half of the global growth in 2023, compared…

Meeting of G-20 International Financial Architecture Working Group inaugurated

New Delhi (IANS) The two-day meeting of the first International Financial Architecture Working Group of G-20, being held under the chairmanship of India, was inaugurated on Monday by Union Minister of Agriculture and Farmers Welfare, Narendra Singh…

January vehicle sales expected to be good: Emkay Global

Chennai (IANS) Sales of passenger vehicles (PV), commercial vehicles (CV) in January 2023 are expected to be good as per its channel checks, said Emkay Global Financial Services.

According to Emkay Global, it had conducted a channel check to…

Naked short selling not permitted in Indian markets

New Delhi (IANS) Naked short selling is not permitted in the Indian securities market and all investors would be required to mandatorily honour their obligation of delivering the securities at the time of settlement.

As per SEBI norms, short…

SEBI may probe short selling to hammer down Indian markets

New Delhi (IANS) Markets regulator, SEBI is likely to probe short selling in the Indian stock markets in the last few days.

Sources said Indian markets have been under onslaught in the last few trading sessions and a probe will ascertain the…

Cong to corner govt on runaway wheat flour prices, mounting national debt

New Delhi (IANS) With the prices of wheat flour touching a 10-year high and other essential commodities also heading north, the Opposition expects the government to announce measures to check the runaway inflation in the Union Budget and also concessions…

As short selling report roils markets, SBI defends exposure

Mumbai (IANS) India's largest lender State Bank of India (SBI) said on Friday that its exposure to the Adani Group was well below the Reserve Bank of Indias (RBIs) Large Exposure Framework and was secured by cash generating assets.

The…

Hindenburg fraud type assertions are devoid of facts: Adani Group

New Delhi (IANS) The Adani Group has said that accounting (or fraud type assertions) "investigation" by Hindenburg Research are devoid of facts.

Of Adani portfolio's nine public listed entity's, eight are audited by one of the Big 6.