How Adani’s US fraud charges impact India’s economy and politics

Mr Adani’s sprawling $169bn empire spans ports and renewable energy Just weeks ago, Gautam Adani, one of the world’s richest men, celebrated Donald Trump’s election victory and announced plans to invest $10bn (£7.9bn) in energy and infrastructure projects in the US. Now, the 62-year-old Indian billionaire and a close ally of Prime Minister Narendra Modi, whose sprawling $169bn empire spans […]

‘Is the Indian stock market closed today for the Maharashtra Assembly Election 2024?

Stock market holiday: To check whether the Indian stock market is open tomorrow or not, one can find on the BSE website. Read more to know tomorrow’s trading holiday details According to the Reserve Bank of India’s list of bank holidays 2024, all banks in Maharashtra will be closed on November 20 due to the Maharashtra Assembly […]

Algo Trading: Performance Validation Team May Be Supervised By Credit Rating Agencies

Discussions are going on to determine which organisation would be better suited for the overseeing. Until a decision is made, regulations governing algo trading could remain in limbo. Credit rating agencies are being considered to oversee a new performance validation agency that will verify claims made by algorithm-based trading platforms, according to people familiar with the matter. Another […]