BUSINESS
SEBI proposes to enforcement action, disrupt revenue model for finfluencers
As per a new paper, no SEBI registered intermediaries/regulated entities or their agents/representatives shall, directly or indirectly, have any association/relationship in any form, whether monetary or non-monetary, for any promotion or advertisement of their services/products, with any unregistered entities (including finfluencers).
India-UK FTA likely to be announced soon, says Sitharaman
Addressing the B20 summit, the Finance Minister said that India is continuously in touch with various nations and even the European FTA (EFTA) is in the pipeline.
RBI Governor underlines need for strengthening of governance standards
Addressing a meeting of managing directors and chiefs of select non-banking finance companies (NBFCs) and housing finance companies (HFCs), Das said that governance standards and assurance mechanisms such as compliance, risk management and internal audit should be made stronger, reads a statement issued by the RBI.
Rahul Yadav saga: Innov8 goes into arbitration with 4B Networks over unpaid dues
4B Networks rented out an Innov8 office space in Mumbai, but did not pay rent amounting to Rs 1.08 crore, reports Money Control, citing sources.
More rate hikes still on table, says US Federal Reserve Chair
In a highly anticipated speech Friday at the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming Powell said the Fed will pay close attention to economic growth and the state of the labor market when making policy decisions, CNN reported.
Nifty, Sensex extend losing streak for 5th week
Nifty opened gap down and remained in the negative territory throughout the session to close with a loss of 121 points (-0.6 per cent) at 19,265, while the Sensex fell 365.83 points to settle at 64,886.51.
'SpiceJet didn't deposit money into pension funds for months'
"There was a certain deferral in PF but we will be depositing a substantial amount soon and salary disbursement is on time. We are also doing all settlements on time. Everything will be cleared soon. We are hopeful," said the spokesperson.
Kazakhstan considers sale of ArcelorMittal Temirtau to Russian investors: Report
The decision to change the company's shareholders was made against the background of high mortality at work and a weak investment policy. Currently, the Kazakh authorities are negotiating with the company's shareholders on their exit from the Kazakh business, the report said.
7 in 10 workers are millennials in India: Report
According to the Great Place To Work India report, a remarkable 87 per cent of millennials consider their current companies to be a great workplace.
Gold prices near two-week highs
The US 10 year Yield after dropping by more than 2 per cent in the earlier session is inching higher once again, Dollar index also continues inch higher hovering around 10 week-high above 104 mark, he said.
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