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Monthly Archives: September 2018

RBI draft warns of action for market abuse

Guilty participants face temporary or permanent stoppage of access to markets The Reserve Bank of India (RBI) on Friday issued the draft guidelines on prohibiting market abuse, which propose to debar errant participants from accessing the market. “Participants found guilty of market abuse may be subject to regulatory action, including …

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Liquidity remains a critical challenge

There is a dire need to develop and deepen the debt market, says the MD of Sundaram Finance Rates may have eased in the shorter-end with the Reserve Bank of India (RBI) relaxing the SLR (statutory liquidity ratio) norms but liquidity, especially in the longer-end, is a challenge, according to …

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Wary investors stay clear of IPOs in volatile markets

Garden Reach extends IPO closure date, lowers price band to get fully subscribed The underlying weakness of the secondary markets and increased volatility have taken a toll on the primary market with two issues, including a government-backed offering, facing difficulties in getting fully subscribed. Garden Reach Shipbuilders & Engineers — …

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Imran’s bid to tackle water crisis

Prime Minister asks Pakistanis to crowdfund $14 billion to build dams It’s a far cry from those sponsored Facebook posts asking you to invest in a start-up’s new digital watch or an unbreakable phone case. But Prime Minister Imran Khan wants Pakistanis to crowdfund a whopping $14 billion for desperately …

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China slams U.S. trade ‘blackmail’

But Foreign Minister says they do not want to challenge America’s pre-eminence China on Friday denounced “blackmail” by President Donald Trump over trade but insisted it had no plan to challenge U.S. pre-eminence, as relations between the world’s two largest economies deteriorate. Days after Mr. Trump slapped $200 billion in …

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J&K panchayats to get more financial powers

They will get Rs. 4,335 crore in Central grants The financial powers of the panchayats in Jammu and Kashmir are being enhanced 10 times from Rs. 10,000 to Rs. 1 lakh, Union Home Minister Rajnath Singh said on Friday. The panchayat polls in the State would pave the way for …

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317 child marriages in Assam during 2017-18: Minister

Assam has witnessed a 10-fold rise in child marriages since 2015-16 with 317 instances recorded during 2017-18, said Social Welfare Minister Pramila Rani Brahma in the Assembly on Friday. Kamrup district with 59 such instances this year topped the list.PTI Source : https://www.thehindu.com/todays-paper/tp-national/317-child-marriages-in-assam-during-2017-18-minister/article25076623.ece

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