1790222476 nse

NSE IPO: Stock to list today on BSE, MSEI; what GMP signals about debut gains & other details

Before the IPO opened for subscription, NSE had raised Rs 6,746 crore from more than 150 anchor investors. NSE IPO listing date today: National Stock Exchange of India’s shares will debut on the Bombay Stock Exchange and Metropolitan Stock Exchange of India (MSEI) today.Market participants are also tracking grey market movements closely ahead of the…

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declining insurance costs graph

Commissions capped as fees soar 4x faster than premium; regulator seeks to limit distribution costs and misselling

MUMBAI: The insurance regulator has sought to curb distribution costs and misselling by tightening limits on commissions and other expenses, after a reform meant to give insurers greater flexibility instead resulted in a big chunk of premium income being gobbled up by distributors.The Insurance Regulatory and Development Authority of India (Irdai), in a consultation paper,…

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gadkari on sustainable fuel

Nitin Gadkari says India is sending Rs 22 lakh crore out of country to import petrol, diesel, and gas; pushes sugar mills to make compressed bio gas, bio-manure, and sustainable aviation fuel

According to Gadkari, making better use of sugarcane by-products could also improve returns for farmers. (Image for representative purpose only) India imports most of the fuel it consumes – be it crude oil, LPG, or even LNG. Union Minister for Road Transport and Highways Nitin Gadkari has said that India’s agriculture sector can help drive…

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