Articles for tag: Allegations, Buch, Conflicts, Congress, Escalating, Faces, Favoritism, Interest, Madhabi, Mahindra, Political, Puri, Supposed, Tension

September 10, 2024

Madhabi Puri Buch faces allegations of favoritism, with political tension escalating between Congress and Mahindra over supposed conflicts of interest.

Mahindra & Mahindra (M&M) has denied Congress party’s allegations that it paid Dhaval Buch, husband of Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), for preferential treatment from the regulator. Congress claims Dhaval received Rs 4.78 crore from M&M between 2019 and 2021, coinciding with Sebi’s scrutiny of the company. ...

September 6, 2024

Market News

Business

Congress accuses SEBI chairperson Madhabi Puri Buch of conflict of interest amid insider trading investigations, sparking controversy and protests.

The Congress party has accused Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (SEBI), of potential conflict of interest. They claim she earned Rs 2.16 crore in rental income from Carol Info Services, linked to Wockhardt, while overseeing investigations into the company for insider trading violations. The opposition raised concerns ...

September 6, 2024

Market News

Business

Congress accuses Sebi Chairperson Madhabi Buch of corruption and conflict of interest amid ongoing investigations into insider trading cases.

The Congress party has accused Sebi Chairperson Madhabi Puri Buch of conflict of interest due to her rental income from a company linked to ongoing insider trading investigations. Jairam Ramesh, Congress general secretary, questioned Prime Minister Modi on the need for transparency in the capital markets. Pawan Khera, another Congress leader, revealed that Buch received ...

September 6, 2024

Market News

Business

Interest rate cuts may delay cash movement; Treasury yield inversion persists despite a positive gap, keeping money market assets soaring.

The gap between two-year and 10-year Treasury yields has turned positive for the first time in about a month, according to analysts at JPMorgan. Despite potential interest rate cuts, investors are unlikely to quickly move away from shorter-dated government bonds, which currently offer attractive yields above 5 percent. The yield curve remains inverted in some ...

May 16, 2024

Market News

Business

More people struggling to pay credit card bills as prices go up and interest rates climb

Credit card delinquencies are on the rise, with inflation and higher interest rates being pointed to as the culprits. As prices continue to climb and borrowing costs increase, more and more people are struggling to keep up with their credit card payments. Stay informed on the latest developments in personal finance to better navigate this ...

May 15, 2024

Market News

Crypto Now

Circle to move legal headquarters from Ireland to the United States, sparking interest and anticipation.

Cryptocurrency company Circle has announced its decision to shift its legal base from Ireland to the United States. The move comes as a strategic decision to better position the company within the US regulatory framework. This change in legal base is expected to streamline operations and facilitate closer collaboration with US regulatory authorities. Click to ...

May 7, 2024

Market News

Business

Rivian’s Q1 results spark interest as capex forecast reduced and ‘gross profit’ expected in Q4

Electric vehicle manufacturer Rivian has recently announced their first-quarter financial results, revealing a combination of positive and negative outcomes. Despite trimming their capital expenditure forecast, the company remains optimistic as they anticipate achieving a ‘gross profit’ in the fourth quarter. Stay tuned for more updates on Rivian’s performance in the coming months. Click to Claim ...

May 7, 2024

Market News

Crypto Now

Asia’s Stocks Climb as Hopes for Lower Interest Rates Grow; All Eyes on Australia’s Big Decision

Asian stock markets edged upwards today, as investors continue to anticipate interest rate cuts, with all eyes on the Reserve Bank of Australia’s upcoming decision. Read more about how this optimism is shaping Market trends on Investing.com. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post ...

May 1, 2024

Market News

Crypto Now

Interest Rates Stay High as Inflation Fights Back: Your Wallet Might Feel It Longer!

In a recent announcement, the Federal Reserve has decided to keep interest rates at a 23-year peak, signaling no immediate relief for those hoping for a rate cut. This move comes as inflation remains stubborn, complicating efforts to ease the financial burden on Americans. The Fed’s stance indicates they are taking a cautious approach, aiming ...