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The Central Vigilance Commission (CVC) has directed all government organisations to frame norms for their employees to ensure that a mandatory cooling off period is followed by them post retirement before accepting any offer from the private sector.   In a letter to the secretaries of...

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Moneylife Digital Team 15 June 2021
We had mentioned in Monday’s closing report that Nifty, Sensex may move sideways. On Tuesday, the indices opened higher and ended with decent gains. On the NSE, there were 1,184 advances, 807 declines and 66 unchanged.   The trend of the major indices on Tuesday’s trading are given in...

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IANS 15 December 2020
India's annual rate of inflation based on wholesale prices jumped to 1.55 per cent in November from a rise of 1.48 per cent in October.   "The rate of inflation, based on monthly WPI, stood at 1.55 per cent (provisional) for the month of November, 2020 (over November, 2019) as...

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Moneylife Digital Team 22 July 2021
We had mentioned in Tuesday’s closing report that Nifty, Sensex may rise. The markets were closed on Wednesday. On Thursday, the indices opened higher and closed with major gains. On the NSE, there were 1,369 advances, 638 declines and 49 unchanged.   The trend of the major indices on...

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The National Commission for Protection of Children's Rights (NCPCR) told the Supreme Court that as many as 3,621 children were orphaned, 274 were found abandoned and 26,176 lost either parent since April 1, 2020 and June 5, 2021, amid the ongoing Covid-19 pandemic.   The child rights...

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The US Justice Department announced that federal law enforcement officials have seized $2.3 million in cryptocurrency of the ransom paid to hackers who shut down the key Colonial Pipeline last month.   "Following the money remains one of the most basic, yet powerful tools we have,"...

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The Union Government plans to sell 10 per cent stake in Rashtriya Chemicals and Fertilisers Ltd (RCFL) through offer for sale (OFS).   The Department of Investment and Public Asset Management has sought bids from law firms to act as legal advisers and assist the government in the...

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IANS 01 September 2021
Sri Lanka has declared an economic emergency, after a steep fall in the value of the South Asian country's currency caused a spike in food prices.   Authorities say they will take control of the supply of basic food items, including rice and sugar, and set prices in an attempt to...

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Moneylife Digital Team 29 June 2021
We had mentioned in Monday’s closing report that Nifty, Sensex were struggling to head higher. On Tuesday, the indices opened higher but suffered another minor correction. On the NSE, there were 902 advances, 1,083 declines and 56 unchanged.   The trend of the major indices on...

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Moneylife Digital Team 05 July 2021
We had mentioned in previous week’s closing report that Nifty, Sensex were directionless. On Monday, the indices opened higher and ended with decent gains. On the NSE, there were 1,334 advances, 694 declines and 70 unchanged.   The trend of the major indices on Monday’s trading are...

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Moneylife Digital Team 17 July 2021
INDIAN MARKET TRENDS From 9th July to 15 July 2021, ML Micro-cap Index and ML Small-cap Index rose 6% and 4%, respectively. ML Mid-cap Index and ML Large-cap Index rose 2% each. The NIFTY, the Sensex, ML Mega-cap Index rose 1% each.       FUND...

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Moneylife Digital Team 13 January 2021
We had mentioned in Tuesday’s closing report that Nifty, Sensex shrugged off weakness in overseas markets and headed higher. On Wednesday, the major indices opened high but lost all gains and ended flat. On the NSE, there were 643 advances, 1,260 declines and 323 unchanged.   The...

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In a major relief for patients suffering from mucormycosis (black fungus), the Maharashtra government on Friday announced a cap on the treatment rates charged by private hospitals.   Chief Minister Uddhav Thackeray has approved a proposal by the Health Ministry fixing the charges to...

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The Enforcement Directorate (ED) on Wednesday said that in connection with its probe against Unitech group, it has attached properties worth Rs 106 crore purchased by two dummy companies.   An ED official said that the financial probe agency has attached three land parcels worth Rs...

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A Special Investigating Team (SIT) has been set up under Additional Director General of Police (ADG) to probe the death of a Judge who was hit by an auto-rickshaw while he was on his morning walk, in Dhanbad.   The hit-and-run incident took place on Wednesday morning.   ADG...

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The intense second wave of Covid-19 afflictions and consequent lockdowns will limit growth in the domestic commercial vehicle (CV) sales volume to 23-28 per cent this fiscal, compared with 32-37 per cent expected prior to its onset, Crisil said on Monday.   Volume growth had...

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Two-time Olympian Sushil Kumar, who was arrested by the Delhi Police on Sunday in connection with the death of wrestler Sagar Dhankar, has been suspended until further orders, officials said on Tuesday.   Northern Railway spokesperson Deepak Kumar said, "A case against Sushil Kumar,...

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Moneylife Digital Team 13 September 2021
Asset reconstruction companies (ARCs) are expected to circle stressed accounts in the micro, small and medium enterprises (MSME) and retail segments in the near-to-medium term due to the twin challenges of inadequate funding access and intensifying competition from the proposed National ARC,...

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Moneylife Digital Team 01 July 2021
We had mentioned in Wednesday’s closing report that Nifty, Sensex may remain under pressure. On Friday, the indices opened higher but continued to decline and ended with minor losses. On the NSE, there were 968 advances, 1,008 declines and 63 unchanged.   The trend of the major...

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Over 1.55 crore people have registered themselves on the first day of registration on CoWin portal for the third phase of Covid vaccination starting May 1.   In the third phase of Covid vaccination, everyone above the age of 18 will be eligible to get vaccinated against...

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