Market

Sebi revises norms on InvITs Sebi has modified the framework governing the transformation of private listed Infrastructure Investment Trusts (InvITs) to public InvITs, with updated sponsor holding requirements and harmonised disclosure norms.The market regulator implemented these modifications with immediate effect, following industry feedback and guidance from the Hybrid Securities Advisory Committee, according to The updated…

Michigan Governor Gretchen Whitmer met privately with President Donald Trump this week to deliver a message she knew he might resist: his tariffs are hurting the state’s automotive industry, threatening jobs and profits in a sector central to Michigan’s economy.The Democrat brought a slide presentation to the Oval Office meeting on Tuesday, highlighting how Trump’s…

The Reserve Bank of India (RBI) has announced that investors in Sovereign Gold Bonds (SGB) 2019-20 Series-IX and 2020-21 Series-V can opt for premature redemption on August 11, 2025, at Rs 10,070 per unit.These government-backed bonds, with an eight-year tenure, allow early redemption only after the fifth year from the date of issue and exclusively…

China’s consumer prices held steady in July, offering brief relief to an economy struggling with deflationary pressures and weak domestic demand.According to AFP, the official data from the National Bureau of Statistics showed that the Consumer Price Index (CPI) was unchanged year-on-year, beating Bloomberg’s forecast of a 0.1% decline. However, prices fell in rural areas…

Financial inclusion is about more than just providing access to banking — it’s about equipping people with the knowledge to improve their lives, Reserve Bank of India Deputy Governor Swaminathan Janakiraman said on Saturday.Speaking at the Financial Inclusion Saturation programme organised by Indian Bank in Tiruvallur district, Janakiraman said initiatives like Re-KYC camps help citizens…

Union Agriculture Secretary Devesh Chaturvedi on Saturday called for a decisive change in India’s agricultural policy — moving away from a purely utilitarian, output-driven model towards one shaped by ethical principles, as the country seeks to reconcile food security goals with environmental safeguards.Addressing the valedictory session of the M S Swaminathan Centenary International Conference, Chaturvedi…

When US President Donald Trump imposed tariffs of 50 per cent on Brazilian exports in July, acai producer Ailson Ferreira Moreira felt immediately concerned. After all, who was going to eat all of that Amazon berry, globally famous as a delicious, refreshing and nutritious superfood, if American consumers suddenly could no longer afford it? As…

Several garment manufacturers in Tiruppur, Tamil Nadu’s knitwear hub, have suspended production, while others are weighing their options after the United States announced steep new tariffs on Indian imports. Industry representatives said American buyers have also paused execution of existing orders, prompting exporters to adopt a “wait and watch” stance.The move follows Washington’s decision to…

Technocraft Ventures, a wastewater treatment solutions provider and public infrastructure development firm, has filed draft papers with markets regulator Sebi to launch an initial public offering (IPO).The IPO will comprise a fresh issue of up to 95.05 lakh equity shares and an offer for sale (OFS) of up to 23.76 lakh shares by promoter Kartikey…

India and Oman are set to announce the conclusion and signing of their proposed free trade agreement (FTA) “much sooner” than the earlier estimated two to three months, PTI reported citing an official.When asked if it would take two to three months, the official said: “Much less” than that. The agreement text is currently being…