Business

BSE revises circuit limit of Videocon Industries, 4 others

By Selene 0
New Delhi: In order to curb excessive volatility, leading bourse BSE has revised the circuit limit for shares of five companies. The new limits, which were changed on 26 May, will be effective from 29 May and ensure stock prices do not fluctuate beyond a prescribed level during a session. A circuit limit of 5% Read More

P-note investments hit 4-month low of Rs1.68 lakh crore in April

By Selene 0
New Delhi: Investments in domestic capital markets through participatory notes fell to a four-month low of Rs1.68 lakh crore at the end of April amid stringent norms put in place by Sebi to curb the inflow of illicit funds. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be Read More

Full Employment: Are We There Yet?

By Rob 0
The Bureau of Labor Statistics’ April jobs report showed that for just about a year straight, unemployment has remained under 5 percent. That’s laudable, considering the fact that unemployment surpassed 10 percent during the height of the recession. Now, some are saying the streak of low unemployment means that the country has reached a big Read More

Growing Up as a Witness to Violence

By Rob 0
In addition to the readers who related to the abuses that Eudocia “Lola” Pulido experienced, some readers saw parallels between Alex Tizon’s story and domestic violence they’d witnessed within their own families. Mara writes: I am a white, American-born woman many years younger than Alex and thus my experiences are very different from his, yet Read More

The Tough Love Approach to Career Guidance

By Rob 0
Internships are often touted as a key to future career success. But working internships can be made infinitely more difficult for students whose parents can’t afford to supplement their living expenses while they build their resume. That’s because many internships remain unpaid. In fact, reports show that of the 61 percent of students who interned Read More

US stock rally falters, dollar gains as oil dips

By Selene 0
Cape Town (South Africa): US stocks stumbled after a six-day rally took them to all-time highs, while the dollar fluctuated with oil as investors assessed fresh data showing the US economy on firm footing. The S&P 500 fluctuated between gains and losses after its longest rally since February, with trading 27% below the 30-day average Read More

Sebi issues listing norms for NCDs in mergers and acquisitions

By Selene 0
New Delhi: The markets regulator, the Securities and Exchange Board of India (Sebi), on Friday issued a new framework for listing of non-convertible debentures (NCDs) and non-convertible redeemable preference shares (NCRPS) following mergers and acquisitions (M&As). A listed company may seek listing of NCRPS/NCDs issued pursuant to a scheme of arrangement only in case where Read More