An expert committee appointed by the Supreme Court had in May had said that the difficulties experienced by Sebi in identifying holders of economic interest were at least partly because of the repeal, in 2019, of the 2014 provisions on “opaque structures”.
Investment demand appears to be resilient with the government’s infrastructure spending, an uptick in private capex, automation, digitalisation, and indigenisation providing a boost, the report in the RBI monthly bulletin said.
Vodafone Idea, in a filing to the BSE, asserted that it will comply with Sebi listing regulations and keep the stock exchanges informed of all the price-sensitive information.
European Central Bank also announced a new rate increase of a quarter percentage point, bringing its main rate to 3.75 per cent.
Sectorally, Nifty PSU Bank slipped 0.71 per cent, the media index fell 0.39 per cent and Nifty Oil & Gas slipped 0.23 per cent.
The Aditya Birla group company in a statement said the partnership is aimed at sharing extrusion and fabrication technology for building high-speed aluminium rail coaches.
Urban demand conditions remain resilient, with higher growth in auto sales, fuel consumption and UPI transactions, the ministry said.
Current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country’s external sector.
The final version of the Bill, tabled in Lok Sabha by IT Minister Ashwini Vaishnaw, has retained the contents of the original version of the legislation proposed last November, including those that were red flagged by privacy experts.
The hikes in MCLR by the lender come even as the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 per cent in its monetary policy announced on December 8. This move is likely to be followed by other lenders, resulting in costlier loans for borrowers.