The SAT also asked Goenka to cooperate with the Securities and Exchange Board of India (SEBI) in the investigation. The tribunal said in the event any material comes out against Goenka during the course of investigation then SEBI can adopt appropriate procedures in accordance with law.
The key Indian exports that routinely face high NTBs are chilies, tea, basmati rice, milk, poultry, bovine meat, fish, chemicals products to the EU;, sesame seed, shrimps, Medicines, Apparels to Japan; food, meat, fish dairy and industrial products to China.
The net profit was also lower quarter-on-quarter when compared with record Rs 19,299 crore earnings in the preceding three months ended March 31.
The GDP growth figure for July-September quarter will be released November 30 by the National Statistical Office (NSO). GDP growth rose to a four-quarter high of 7.8 per cent in April-June.
Motorcycle sales were at 5,29,341 units last month, as compared to 4,19,568 units in October 2022, up 26.2 per cent, Hero MotoCorp said in a regulatory filing.
Addressing the Kautilya Economic Conclave 2023, the RBI governor also said price stability and financial stability complement each other and it has been an endeavour at RBI to manage both efficiently.
Venkitaramanan, 92, is survived by his two daughters and their families.
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NSE Nifty 50 Volatility Index (VIX), which is a gauge of expected volatility over the course of the next 30 days, rose 11% — the most since March 13, according to Bloomberg.
While asking the Securities and Exchange Board of India (SEBI) what it intends to do in future to ensure investors don’t loose wealth due to volatility in stock market or short-selling, the apex court observed it would not be proper for it to set up a special investigation team (SIT) on its own without any material before it.