India’s manufacturing sector sees faster growth amid high inflation in Apr: PMI

India’s manufacturing sector sees faster growth amid high inflation in Apr: PMI

India's manufacturing sector activities witnessed faster growth in April amid quicker increases in production as well as factory orders, and renewed expansion in international sales, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose from 54.0 in March to 54.7 in April, as a retreat of [...]
Category III AIFs: Sebi provides clarity on calculation of investment concentration

Category III AIFs: Sebi provides clarity on calculation of investment concentration

New Delhi, Mar 28 (PTI) Markets regulator Sebi on Monday said Category III Alternative Investment Funds (AIFs) can opt for calculating their investment concentration norm based on investable funds subject to certain conditions. The watchdog has issued a circular on calculation of investment concentration norm for Category III AIFs. Various funds like hedge funds are [...]
Bourses having commodity derivatives segment can introduce options on commodity indices: Sebi

Bourses having commodity derivatives segment can introduce options on commodity indices: Sebi

New Delhi, Mar 24 (PTI) Markets watchdog Sebi on Thursday said that recognised stock exchanges having a commodity derivative segment will be permitted to introduce options on commodity indices. The move is part of efforts to have more products in the commodity derivatives market. "The recognised stock exchanges with a commodity derivative segment, willing to [...]
Smallcap Drone stock gives multibagger returns of 885% in a year

Smallcap Drone stock gives multibagger returns of 885% in a year

Shares of RattanIndia Enterprises Ltd increased by a whopping 885% in one year to ₹ 50.75. Therefore, if an investor would have invested ₹1,00,000 a year ago, his/her investment would be worth ₹9,85,000 today. In the last five days, the share price surged 27% from ₹41.70 to ₹ 50.75. RattanIndia Enterprises Limited is the flagship [...]
Less govt interference will make startup ecosystem grow, crutches help only in short run: Goyal

Less govt interference will make startup ecosystem grow, crutches help only in short run: Goyal

The less the government interferes in the startup ecosystem, the more potential the latter will have to become successful, Union minister Piyush Goyal said here on Sunday. India may have a billion problems, but it also possesses billions of brilliant entrepreneurs to solve the issues through extremely cost-effective solutions, he added. The Minister of Commerce [...]