The Securities Market Code Bill, introduced in the Lok Sabha on Thursday, proposes a sweeping overhaul of India’s securities law framework, including expanding the Securities and Exchange Board of India (Sebi) board to up to 15 members from the current nine, strengthening governance norms and enhancing investor protection, PTI reported.The Bill seeks to reinforce Sebi’s…
Michael RaceBusiness reporter Getty Images Interest rates have been cut to 3.75%, the lowest level in almost three years, but further reductions are set to be a “closer call”, the Bank of England has said. In a knife-edge vote, policymakers voted 5-4 in favour to lower rates from 4% reflecting concerns over rising unemployment and…
The Central government is most likely to come out with some decision in the next month to address the sugar industry’s concerns on rising glut due to surplus production that could translate into mounting sugarcane dues, Food Secretary Sanjeev Chopra said today. The decisions could be related to the long-pending demand of…
As the 2026 midterm elections approach, the perceptive and pocketbook-focused American voter is concerned about one thing above all: the cost of living. According to a new report from Goldman Sachs chief U.S. political economist Alec Phillips, this economic frustration has placed President Trump’s aggressive tariff regime in the political and legal crossfire, creating a…
Gold prices edged lower on Thursday, with the February contract slipping Rs 580, or 0.43%, to Rs 1,34,314 per 10 grams, as weak global cues weighed on precious metals, analysts said. In overseas markets, Comex gold futures for February delivery declined by $12.6, or 0.29%, to $4,361.3 per ounce, while silver futures for March 2026…
The economy cabin of American Airlines A321XLR. Leslie Josephs/CNBC American Airlines is about to fly passengers to California for the first time on a skinny, long-range plane that it hopes will change air travel. The airline’s head of network planning now has to decide where else it should fly. The first Airbus A321XLR for a…
Mustafa Hatipoglu | Anadolu | Getty Images Visa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company’s product event in April. The credit card issuer and rivals across the fintech industry are racing to build tools that allow consumers to task…
The Institute of Chartered Accountants of India (ICAI) has released the CA Foundation admit cards for the January 2026 session on its official portal, eservices.icai.org. Candidates who have successfully registered can download their hall tickets by logging in through the SSP portal. Entry to the examination centres will be allowed only on production of…
Hello, Term Sheeters. It’s Jessica Mathews, filling in for Allie this morning and giving you a little update on the latest happenings in Las Vegas. A few weeks ago, I filled you in on our latest reporting on Elon Musk’s $5.6 billion tunneling startup, the Boring Company. You may recall that Nevada’s state safety regulator…
Getty Images Storm damage is one area often in dispute Insurers need to do more to improve how they handle claims and make it clearer to customers what their policies cover, the UK’s finance regulator has said. The Financial Conduct Authority (FCA) was responding to a “super-complaint” by consumer group Which? about the home and…