“The WTO is not a forum to discuss security issues, and our plans around checking the imports of laptops and personal computers is primarily coming from a safety and security perspective. We will explain that in the next meeting,” a senior government official said, requesting anonymity.
In Asian markets, Hang Seng and Nikkei 225 traded higher by 0.54 per cent and 1.72 per cent, respectively, while China’s Shanghai Composite was not trading.
Gold prices held near one-month lows on Friday, shrugging off cooler-than-expected US inflation figures for last month, with bullion staying on course to wrap up its worst week in seven.
HDFC Bank, India’s largest private lender, saw its employee turnover rate over the last year rise to 34%, while Axis Bank was at nearly 35%. Kotak Mahindra Bank’s attrition surged to about 50%, with smaller peer Yes Bank in toe at 43%.
Nirmala Sitharaman asked banks and financial institutions to ensure that their customers nominate heirs, which can help reduce the quantum of unclaimed money.
The fraud was first identified in May this year after an individual complained with the Noida police about identity theft and fake GST registrations in his name.
Cement company Shree Cement Ltd reported a bigger-than-expected 84% rise in first-quarter profit on Wednesday, helped by robust domestic demand.
Buch said the Sebi also has data and evidence on “mule accounts”, wherein the credentials of an innocent person are used to typically front-run on stocks by those wanting to not leave a trace of trades.
Food prices are seen to remain uncertain going ahead, as was also pointed out by the RBI in its latest monetary policy review announced last week.
Mukesh Ambani said as India races ahead to become the world’s third largest economy (from being fifth largest), an unprecedented opportunity awaits Reliance.