Stock exchange Current Affairs, GK & News
Stock exchanges are defined by the Securities Contract (Regulation) Act, 1956 [SCRA]. As per this act, any body of individuals, whether incorporated or not, constituted for the purpose of assisting, regulating or controlling the business of buying, selling or dealing in securities, is called Stock Exchange. Stock exchange may be a regional stock exchange whose ..
On July 10, 2020, the National Stock Exchange (NSE) launched NSE refiner Standards for BIS Standard Gold. Highlights Under the new standards, NSE will accept gold bars produced by Indian manufacturers. Till date, NSE accepted only gold bars that were serially numbered by London Bullion Market Association. Significance The inclusion of domestic manufacturers will increase ..
Month: Current Affairs - July, 2020
Category: India Nation & States Current Affairs
The government has approved the issue of Sovereign Gold Bonds 2019-20 (Series III) at Rs 3,499 per gram of gold. Sovereign Gold Bonds Sovereign Gold Bonds are government securities denominated in grams of gold. They were introduced as substitutes for holding physical gold. The bonds will be restricted for sale to resident individuals, HUFs, trusts, ..
S&P BSE Private Banks Index: Asia Index Pvt Ltd launches index to measure the performance of private banks
Asia Index Pvt Ltd has launched S&P BSE Private Banks Index to measure the performance of private banks. Asia Index Pvt Ltd is a joint venture between S&P Dow Jones Indices and BSE Ltd S&P BSE Private Banks Index This index is designed to provide market participants with transparent and rules-based benchmark that measures performance ..
Category: Reports & Indexes Current Affairs
The 30-share BSE Sensex reached its record close of 30,248. The index has surpassed its previous record closing of 30,133.35 reached on April 26. It also surpassed its intra-day peak of 30,184.22 recorded on April 27 to hit a fresh intra-day high of 30,271.60. The NSE index Nifty has breached the 9,400-mark for the first time. The NSE index registered a ..
Month: Current Affairs - May, 2017
Udai Kumar has been appointed as full-time Managing Director (MD) and Chief Executive Officer (CEO) of Metropolitan Stock Exchange of India (MSEI) Ltd. His appointment was approved by SEBI (Securities and Exchange Board of India) and comes after stringent shortlisting process and interviews by the Selection Committee. Prior to this appointment, he was given an ..