Stock Market Live Updates Today: BSE Sensex opens over 600 points down; Nifty50 goes below 23,500

Stock Market Live Updates Today: BSE Sensex opens over 600 points down; Nifty50 goes below 23,500

Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd says, “Markets are likely to remain sideways to under pressure in the near term despite Foreign Institutional Investors turning net buyers, as persistent weakness in the Indian rupee and elevated crude oil prices continue to weigh on overall market sentiment and limit…

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Gold, Silver Rate Today Live Updates: International gold prices rise as crude drops on hopes of US-Iran conflict nearing an end

Gold, Silver Rate Today Live Updates: International gold prices rise as crude drops on hopes of US-Iran conflict nearing an end

Gold prices staged a recovery on Tuesday, climbing Rs 800 to reach Rs 1.63 lakh per 10 grams in the national capital, as optimism surrounding possible progress in US-Iran talks helped ease worries about inflationary pressures. Market participants said gold of 99.9% purity increased by Rs 800 to Rs 1,63,600 per 10 grams, inclusive of…

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RBI to align bank disclosure norms with global standards

RBI to align bank disclosure norms with global standards

MUMBAI: RBI’s new disclosure norms will put unlisted banks at par with listed peers, standardise reporting formats and units, and make global comparisons of Indian lenders much easier by mandating uniform, template-driven disclosures.The new norms prescribe globally aligned reporting architecture that mirrors Basel standards, addressing the third of the three pillars of the globally accepted…

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TCS staff cites salary cut after appraisal, co disagrees

TCS staff cites salary cut after appraisal, co disagrees

BENGALURU: TCS’ appraisal letters have triggered employee reactions, with some alleging reductions in CTC and downgrades in their performance bands. Discussions have also intensified around a drop in take-home salaries following changes linked to the implementation of new labour codes. The debate concerns the exclusion of gratuity from cost-to-company (CTC) under TCS’s revised compensation structure….

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