Budget 2021: Govt to notify Sebi as gold exchanges regulator
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The Finance Minister Nirmala Sitharaman in her budget speech on Monday said finance ministry will notify Securities and Exchange Board of India (Sebi), the capital markets watchdog as regulator for gold exchanges. This was earlier recommended by a committee appointed by the finance ministry under NITI Aayog member Ramesh Chand.
The FM proposed to launch a unified securities market code.
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Budget 2021 must reinvigorate demand, boost infra spend, says India Inc
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. Updated: 20 Jan 2021, 05:56 PM IST PTI
India Inc expects the government to continue with its policy focus on strengthening the manufacturing ecosystem, promoting research and development, and incentivising futuristic technologies in the upcoming Budget
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NEW DELHI :
The upcoming Budget must focus on creating demand, encouraging infrastructure spending and increasing outlays for the social sector, India Inc said in a survey released on Wednesday.
India Inc expects the government to continue with its policy focus on strengthening the manufacturing ecosystem, promoting research and development, and incentivising futuristic technologies in the upcoming Budget, the survey by Ficci and Dhruva Advisors said.
Latest bank FD rates: What SBI, ICICI, HDFC Bank, Axis Bank, PNB offer
Excess cash with banks averaged Rs39,700 crore ($6.2 billion) last week, compared to a peak of more than 5 trillion rupees in March, according to Bloomberg Intelligence India Banking Liquidity Index. Photo: Hemant Mishra/MintPremium
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It s better to compare the FD interest rates offered by various banks
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State Bank of India (SBI), HDFC Bank, ICICI Bank and Axis Bank offer fixed deposits (FDs) for tenures ranging from 7 days to 10 years. It s always important to compare the FD interest rates offered by various banks before parking your money any FD deposit. SBI and Axis Bank revised the interest rates on term deposits this month. Let s take a look at the latest FD interest rates offered by SBI, ICICI Bank, HDFC Bank, Axis Bank and Punjab National Bank (PNB)
SoftBank, Hughes make $400 mn bet on OneWeb
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The UK government and Mittal s Bharti Global had invested $500 million each to acquire OneWeb under a bankruptcy resolution process. (File Photo: Mint)
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Japan’s SoftBank Group and Hughes Network Systems LLC have invested $400 million in OneWeb, a broadband satellite communications company acquired by a consortium of investors comprising the UK government and Sunil Mittal-led Bharti Global.
The investment will take the total funding in OneWeb to $1.4 billion, a company statement said. The UK government and Bharti Global had invested $500 million each to acquire OneWeb under a bankruptcy resolution process.
Trident receives European patent for Fabric and Method of Manufacturing Fabric
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The grant of this patent provides further recognition of the quality of the innovation being carried out by Trident. (Photo: PTI)
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Trident Limited has been granted patent for “Fabric and Method of Manufacturing Fabric by European Patent office. Pursuant to the Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that Trident Limited has been granted a patent for ‘Fabric and Method of Manufacturing Fabric’ by European Patent Office, said the company in a BSE filing.