Bengaluru: Engineer robs bank after loss in stock market, arrested

Bengaluru: Engineer robs bank after loss in stock market, arrested

The Bengaluru police have arrested a 28-year-old mechanical engineer for allegedly robbing a bank after he had lost his savings in stock trading. The police have recovered Rs 85.38 lakh worth of gold ornaments and cash from the accused. The accused is identified as Dhiraj S, a resident of Kamakshipalya in Bengaluru, who worked in […]

Stock Market Highlights Today: Nifty forms a bearish candle on daily chart. What does it signal for tomorrow’s trade? – The Economic Times

Stock Market Highlights Today: Nifty forms a bearish candle on daily chart. What does it signal for tomorrow’s trade? – The Economic Times

Benchmark indices plunged for the third consecutive session on Thursday amid rising geopolitical tensions in Europe, Middle-East and a worsening pandemic in India. The 30-share pack Sensex declined 634.20 points or 1.06 per cent to close at 59,464.62. The index gyrated in a 980-point range during the day. Its broader peer NSE Nifty fell 181.40 […]

A surprise hurdle for LIC’s IFSC ambitions

A surprise hurdle for LIC’s IFSC ambitions

MUMBAI : Life Insurance Corp. of India’s (LIC’s) bid to buy 15% in India International Exchange (IFSC) Ltd (India INX), a stock exchange located in Gujarat’s GIFT City, has been blocked by the insurance regulator over a clause in the Insurance Act that bars insurers from acquiring overseas companies, two people directly aware of the […]