Auckland, May 11 (IANS) New Zealand Cricket has postponed the proposed launch of its new men’s and women’s T20 league, NZ20, with the competition now expected to begin during the 2027-28 home summer instead of early 2027. NZC had earlier identified NZ20 as its preferred long-term model for domestic T20 cricket and has since engaged in discussions with prospective investors and stakeholders regarding the tournament’s structure and establishment. While considerable progress has been made acros…
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Gandhinagar, May 7 (IANS) Investors have alleged large-scale cheating in a high-return investment scheme linked to Shoot Space Digital Pvt. Ltd., operating from Gujarat International Finance Tec-City (GIFT City), with complaints indicating that more than 33,000 people across multiple states may have been affected after promised returns reportedly stopped, officials said on Thursday. According to multiple investor complaints and preliminary police findings, the company allegedly promoted a scheme…
Mumbai, April 25 (IANS) Tuhin Kanta Pandey, chairman, Securities and Exchange Board of India (SEBI) on Saturday said that technology is reshaping trading, distribution and advice as new generation of investors entering the market.Addressing SEBI’s 38th foundational day event here, Pandey said that capital flows are more global and risks are more interconnected.”We are seeing a new generation of investors entering the market—digitally connected, informed, and aspirational. Technology is reshapi…
Mumbai, April 24 (IANS) India’s stock exchange BSE Limited on Friday warned investors about the resurfacing of a fraudulent deepfake video circulating on social media and messaging platforms, which falsely shows its Managing Director and CEO, Sundararaman Ramamurthy, purportedly offering stock market tips and investment advice.Regarding this, the exchange has clarified that the video is entirely fabricated and malicious, using deepfake technology to mislead investors by making false claims of gu…
Jaipur, April 23 (IANS) Rajasthan Chief Minister Bhajan Lal Sharma said on Thursday that the Global Rajasthan Agritech Meet (GRAM)-2026 will be held in Jaipur from May 23-25. The event aims to bring together farmers, agricultural experts, policymakers, and investors on a common platform to promote technology-driven farming and strengthen the agricultural ecosystem.Addressing the GRAM-2026 Investor Meet in New Delhi, the Chief Minister noted the initiative aligns with Prime Minister Narendra Modi…
Jaipur, April 10 (IANS) Chief Minister Bhajanlal Sharma stated that the prosperity of farmers is central to the progress of both the state and the nation. Reaffirming the government’s commitment to strengthening Rajasthan’s agricultural ecosystem, he said efforts are being made to enhance farmers’ income through innovation, technology, and policy support.Addressing the curtain-raiser event of the Global Rajasthan Agritech Meet (GRAM 2026), scheduled from May 23 to 25 in Jaipur, the Chief M…
New Delhi, April 10 (IANS) Gold and silver prices witnessed a decline of around 1 per cent on Friday on the Multi Commodity Exchange (MCX), as investors booked profits amid easing safe-haven demand.MCX gold declined 0.56 per cent to hit an intra-day low of Rs 1,52,561 per 10 grams, while silver futures (May 5) plummeted 0.7 per cent by logging an intraday low of Rs 2,42,067 per kg against the previous close.The yellow metal touched an intraday high of Rs 1,52,990, a decrease of 0.28 per cent or …
New Delhi, April 7 (IANS) India’s market regulator Securities and Exchange Board of India (SEBI) on Tuesday announced a one-time relaxation for public issuances, acknowledging that ongoing geopolitical tensions — particularly in the Middle East — have slowed fundraising activity and reduced investor participation.Under existing regulations, companies are required to launch their public issues within 12 to 18 months from the date SEBI issues its observations on their offer documents.However, …
New Delhi, April 3 (IANS) Sentiment towards India’s IT services sector has turned more bearish amid rising global uncertainties, although investors remain hesitant to take strong directional bets, a report said on Friday.BNP Paribas India said in its report that while uncertainty has increased, investors — particularly hedge funds — are avoiding clear market calls and are instead reducing exposure by trimming factor-based positions.The report noted that recent volatility, including rapid rev…
New Delhi, April 3 (IANS) The cost pressures facing Indian auto companies are being systematically underestimated by the market, even as investor sentiment on India has taken a distinctly more cautious turn, according to a report released on Friday.A BNP Paribas analysis found investors reluctant to take a clear directional position on the market. Hedge funds were largely removing tilts and factor exposures from their portfolios, with several actively reducing gross exposure.The rapid reversal o…