Indian Railways’ Kavach system is back in the news! The Supreme Court has recently sought detailed information from the Centre regarding the protective measures already in place or proposed to be implemented to prevent train accidents in India, a PTI report said. The focus is on the effectiveness of the ‘Kavach’ automatic train protection system. […]
Day: May 29, 2023
Rupee was range-bound last week, could see low volatility going ahead; traders eye May inflation for cuesRupee was range-bound last week, could see low volatility going ahead; traders eye May inflation for cues
By Gaurang Somaiya Rupee traded in a narrow range for the week and market participants remained cautious ahead of the important RBI policy statement that was released at the end of the week. In line with expectations, the RBI held rates unchanged for the second successive meeting and remained focused on withdrawal of accommodation stance. […]
Minimum issue size for non-profits at SSEs may be cut by a halfMinimum issue size for non-profits at SSEs may be cut by a half
The Securities and Exchange Board India (Sebi) has proposed to reduce the minimum issue size for non-profit organisations (NPOs) on social stock exchanges (SSEs) by 50%, and application size by 95% to facilitate more fundraising. A consultation paper issued on Tuesday stated that both the NSE and BSE have set up the SSE segment, and […]