Page 28 - Ortfolio Allocation News Today

On Wednesday, 2411 stocks advanced, 1411 declined and 92 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 1.70, indicating positive closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table below.

The three-member arbitral tribunal has directed Central Depository Services (India) Ltd (CDSL) to reimburse Rs86.02 lakh for the loss suffered by an investor-client of BRH Wealth Kreators Ltd (formerly BMA Wealth Creators Ltd).

Coming down heavily on Paytm Payment Bank over persistent non-compliance and continued material supervisory concerns, Reserve Bank of India (RBI) has asked it to stop deposits, credit transactions and top-ups after 29 February 2024, among other restrictions.

In wake of a Bombay High Court order, the BrihanMumbai Municipal Corporation has banned any illegal posters, banners, hoardings or announcements on all public roads in the city and suburbs, an official said here on Monday.

Five years after the government appointed an independent board to resolve the mega-failure of Infrastructure Leasing & Financial Services (IL&FS), the new management has dragged one of the two water management companies of Tamil Nadu (TN) to the national company law tribunal (NCLT) for having stopped repayment of loan to IL&FS. The case comes of up for hearing on 31st January.

The Finance Ministry said on Monday that it now appears very likely that the Indian economy will achieve a growth rate at or above 7 per cent for FY24, while some predict it will achieve another year of 7 per cent real growth in FY25 as well.

Rajasthan government has fixed security issues impacting its website related to Jan Aadhaar that exposed millions of residents personal information and sensitive documents.

The government on Monday amended rules granting the women employee the right to nominate their son(s) or daughter(s) for family pension instead of her husband.

Little context is needed for an article on tax collection with the presentation of the pre-election Union budget just three days away.

Holding the Bhawanigarh municipal council deficient in not maintaining water pipes, the national consumer disputes redressal commission (NCDRC) directed the municipal council to pay Rs2.37 lakh to a house owner. NCDRC also directed SBI General Insurance Company Ltd to indemnify the loss and pay a Rs2.37 lakh insurance claim.