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Gold duty evasion fight turns into a game of whack-a-mole

New Delhi, June 12 -- For decades, crafty smugglers brought in gold, hidden in body and baggage, evading duties and outwitting customs authorities. Today, some importers are coming in through the fron... Read More


Liquid gold imports soar as savvy buyers spy loophole

Mumbai, June 12 -- For decades, crafty smugglers brought in gold, hidden in body and baggage, evading duties and outwitting customs authorities. Today, some importers are coming in through the front d... Read More


Mint Explainer: Why NSE, MCX are powering up with electricity derivatives

New Delhi, June 12 -- The National Stock Exchange (NSE) and the Multi-Commodity Exchange (MCX) recently secured approvals from the equity market regulator to launch electricity derivatives. Not only w... Read More


NSE gets Sebi nod to launch electricity derivatives

New Delhi, June 11 -- The National Stock Exchange of India (NSE) has received approval from the markets regulator to launch monthly electricity derivatives contracts, said the exchange in a filing. A... Read More


NSE Nifty 50 reclaims 25,000, next hurdle at 25,300

New Delhi, June 11 -- The Nifty 50 index, which had been hovering just below the 25,000 mark, surpassed the key milestone on Wednesday and closed at 25,141-a level last seen on 14 October. Over the p... Read More


Borrowed time: Investors bullish on near-term upside increase leveraged bets on Tata Motors, SBI, HAL, Jio Financial

Mumbai, June 9 -- Indian investors are taking on more leveraged bets in the equity markets through margin trading, suggesting a near-term upside, as they put concerns over global and domestic headwind... Read More


MCX gets Sebi approval to launch electricity derivatives

Mumbai, June 6 -- The Multi Commodity Exchange of India (MCX) has received approval from the Securities and Exchange Board of India (Sebi) to launch electricity derivatives, according to a regulatory ... Read More


New funds surge in GIFT City, but old money stays offshore

New Delhi, June 4 -- Moneybags from Mauritius, Singapore and Cayman Islands are yet to make the move to Gujarat's GIFT City given burdensome tax and compliance rules without commensurate benefits, ind... Read More


Why India's AIFs are outpacing portfolio management services

New Delhi, May 29 -- Two of India's asset classes targeting the rich are growing at sharply different rates, with one growing thrice as fast as the other. Alternative investment funds (AIFs) far outp... Read More


IndiGo's promoter Rakesh Gangwal to sell $803 mn stake

New Delhi, May 26 -- IndiGo co-founder and promoter Rakesh Gangwal is expected to sell shares worth $803 million in the airline in a block deal on 27 May, according tothe term sheet. Gangwal and his ... Read More