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India s National Stock Exchange sues market regulator to access $817 million corpus – ET | WTVB | 1590 AM · 95 5 FM

By Syndicated Content May 14, 2021 | 1:37 AM BENGALURU (Reuters) – The National Stock Exchange of India is suing the country’s market regulator to get access to 60 billion rupees ($816.77 million) of its revenue deposited into a separate account for over four years, the Economic Times reported https://economictimes.indiatimes.com/markets/stocks/news/nse-approaches-sat-to-access-over-6000-cr/articleshow/82619623.cms on Friday, citing people with knowledge of the matter. In September 2016, the Securities and Exchange Board of India (SEBI) had asked the NSE to deposit revenue generated from offering co-location services into a separate account and had barred it from using those funds, the report said.

Gold bond issue price fixed at Rs 4,777/gm; subscription opens May 17

The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from May 17, has been fixed at Rs 4,777 per gram, the Reserve Bank of India said on Friday. The government has decided to issue the bonds in six tranches from May 2021 to September 2021. The RBI will issue the bonds on behalf of the Government of India. The nominal value of the bond based on the simple average closing price for gold of 999 purity of the last three business days of the week preceding the subscription period.works out to Rs 4,777 per gram of gold, the RBI said.

BSE, NSE shut on account of Ramzan Id

BSE, NSE shut on account of Ramzan Id ANI | Updated: May 13, 2021 10:08 IST Mumbai (Maharashtra) [India], May 13 (ANI): The National Stock Exchange of India (NSE) and BSE Ltd were closed on Thursday on account of Id-Ul-Fitr (Ramzan Id). Wholesale commodity markets including metal and bullion also were shut. There was no trading activity in forex and commodity futures markets as well. A day earlier, the BSE S&P Sensex closed 471 points or 0.96 per cent lower at 48,691 while the Nifty 50 slipped by 154 points or 1.04 per cent to 14,697. Experts say the market sentiment is currently facing headwinds as infections and deaths surge due to Covid-19 amid reports of vaccine shortages, with investors guessing how long states will have to remain under localised shutdowns. (ANI)

Sovereign Gold Bonds 2021-22: Series I subscription to start from May 17

URL copied Sovereign Gold Bonds 2021-22: Series I subscription to start from May 17 The first tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from Monday, the Finance Ministry said in a statement. The bonds will be issued in six tranches from May 2021 to September 2021, it said on Wednesday. The subscription period for 2021-22 Series I will be May 17-21, and bonds will be issued on May 25. The bonds will be sold through banks (except Small Finance Banks and Payment Banks), Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges viz National Stock Exchange of India Limited and Bombay Stock Exchange Limited.

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