SEBI to absorb existing staff of FMC, may hire more

Markets Regulator Securities and Exchange Board of India (SEBI) has decided to absorb the existing staff of commodities regulator Forward Markets Commission (FMC), and would begin hiring more from outside in 6-8 months. According to an official SEBI has also created a separate Commodity Cell and has...

Easing gold prices push up gold imports

Declining prices of gold in the global market have pushed up imports of the yellow metal to over 120 tonnes, in August, the highest so far in the fiscal. Gold imports stood at 89 tonnes in July 2015. In August last year, the figure was 50 tonnes. Global gold prices had declined sharply in July, stok...

FSSAI proposes ban on sale of nutraceuticals as medicines

Food Safety and Standards Authority of India, FSSAI has proposed a ban on the sale of health supplement products as medicines. Under the draft regulations published in official gazette, the FSSAI said, the companies cannot claim that their nutraceuticals and health supplement products are of therape...

FIs pull out 7,000 Cr rupees from capital markets in 2 weeks

Foreign investors have pulled out nearly 7,000 crore rupees from the capital markets in about two weeks mainly on account of a combination of global and domestic issues.Foreign portfolio investors withdrew a net sum of 6,109 crore rupees from equities, while they pulled out 773 crore rupees from the...

Day-long bandh called by 10 organizations affects normal life in Assam<br/>

State-wide bandh disrupts normal life in Assam

BJP and its allies close to finalising seat sharing agreement for Bihar Assembly elections

BJP and its allies have almost finalised the seat sharing for Bihar Assembly elections. Hindustani Awam Morcha Chief Jitan Ram Manjhi and Rashtriya Lok Samata Party Chief Upendra Kushwaha today met BJP President Amit Shah in New Delhi.AIR correspondent quoting sources reports Friday in the final rou...

BJP and its allies almost finalised seat sharing for Bihar Assembly elections

BJP and its allies have almost finalised the seat sharing for Bihar Assembly elections. Hindustani Awam Morcha Chief Jitan Ram Manjhi and Rashtriya Lok Samata Party Chief Upendra Kushwaha today met BJP President Amit Shah in New Delhi.AIR correspondent quoting sources reports Friday in the final rou...

Industrial output grows at 4.2 % in July

Growth in the country&apos;s industrial production improved to 4.2 per cent in July this year, from 0.9 percent growth in July last year, as manufacturing activity and offtake of capital goods increased.According to data released by the Central Statistics Office, the manufacturing sector grew 4....

Over 50 Indian firms taking part in India Expo exhibition in Sri Lanka