This policy change modifies the earlier rule under SEBI’s master circular for depositories, which strictly required 100 per cent of the interest or income earned from the Investor Protection Fund to be credited directly back into the fund corpus. The Securities and Exchange Board of India (SEBI) has relaxed norms governing how depositories utilise income…
Nuvama Institutional Equities has reiterated its ‘Buy’ rating on ICICI Bank and raised the target price to Rs 1,850 from Rs 1,800, following the lender’s strong Q1 FY27 performance. The brokerage said ICICI Bank delivered industry-leading credit growth, a positive surprise on net interest margins (NIMs) and robust fee income, resulting in a profit that…
New Delhi: State-run Oil India Limited (OIL) on Friday said it has reported the presence of natural gas in its third exploratory well in the Andaman shallow offshore block, further indicating hydrocarbon potential in the region.In a regulatory filing to stock exchanges, the company said natural gas was encountered in exploratory well Vijayapuram-3, drilled 15…
‘A wise man can play the part of a clown, but a clown can’t play the part of a wise man’ In 1964, during a televised discussion about the civil rights movement, a hostile panelist tried to challenge Malcolm X by using complicated legal language to defend segregation. Instead of trying to compete with the…
Over 1.7 crore I-T returns have been filed for 2025-26 financial year so far, the Income Tax Department said on Saturday, July 11. The last date to file ITRs 1 and 2 for income earned in 2025-26 fiscal year is July 31. ”Over 1.7 Crore taxpayers have already taken the smart step and filed their…
At the Venice Film Festival, Nicole Kidman faced an unthinkable moment of sorrow when she received the news of her mother’s death just hours before accepting her Best Actress accolade. In the midst of grief, she drew upon her mother’s enduring spirit, embracing the powerful reminder to rise above adversity. Nicole Kidman is reflecting on…
OpenAI CEO Sam Altman said on Tuesday the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney, Altman said he was initially concerned about…
Madhya Pradesh high court has recognised the disputed Bhojshala complex as a temple dedicated to Goddess Vagdevi while directing the ASI to retain administrative control. Opposition parties have criticised the Centre over the latest fuel price hike, accusing the government of burdening consumers amid rising inflation concerns. India and the UAE have signed key agreements…
Vaibhav Sooryavanshi’s remarkable IPL 2026 campaign ended with yet another record as the Rajasthan Royals teenager became the first player in tournament history to win five major individual awards in a single season.Although Rajasthan Royals fell short of reaching the final, Sooryavanshi was the undisputed star of the tournament. The 15-year-old swept the awards night,…
Indiana’s national championship celebrations continued today as the Hoosiers made their official White House appearance alongside President Donald Trump but the most important player of that title run was nowhere to be seen. Heisman Trophy winner and No 1 NFL Draft pick Fernando Mendoza skipped the event, and Trump had something to say about it….
