Sebi has introduced new stress testing methodologies for the equity derivatives segment to better account for changing market dynamics and assess risks. The new methods include Stressed Value at...

Sebi has issued new guidelines for contributions to the Limited Purpose Clearing Corporation (LPCC) core settlement guarantee fund, emphasizing risk-based contributions and a default waterfall system.

Quick commerce firm Zepto narrowed its losses to Rs 1,248.6 crore in FY24, while revenue doubled to Rs 4,454 crore. The company is on track for profitability and plans to expand to 50 cities.

Switzerland's suspension of the MFN clause in its tax treaty with India highlights the need for India to adopt a more strategic approach to international taxation agreements. The move could impact...

Life Insurance Corporation of India (LIC) has reduced its stake in NMDC by 2%, selling over 5.91 crore shares. LIC's holding in NMDC now stands at 5.6%.

Kumar Mangalam Birla calls on Indian businesses to boost investment and join the government's capex push, citing a need for widespread investment to drive growth and make India a manufacturing hub.

Hamleys, a British toy retailer owned by Reliance, has opened its fourth store in Italy, located in Torre Annunziata. The new store marks continued global expansion for the brand.

South Africa's finance minister says the G20 has the will and capacity to address global challenges, highlighting the group's commitment to sustainable development and an African agenda.

Quick commerce firm Zepto narrowed its losses to Rs 1,248.6 crore in FY24, while revenue doubled to Rs 4,454 crore. The company is on track for profitability and plans to expand to 50 cities.

Haryana Agriculture Minister Shyam Singh Rana launched the 21st livestock census campaign, a state-wide survey to collect data on domestic animals and poultry, aiming to improve livestock...

Private equity firm KKR has sold a 2.6% stake in India Grid Trust for Rs 277 crore through an open market transaction. The deal was conducted by Esoteric II Pte, an affiliate of KKR.

Punjab's GST Department has uncovered a massive bogus billing scam in Ludhiana involving fraudulent transactions worth Rs 163 crore over the past two years. Finance Minister Harpal Singh Cheema...