Share market and trading News

Finance Minister Nirmala Sitharaman stressed the importance of examining facts before criticizing Sebi chief Madhabi Puri Buch following allegations by Hindenburg Research. She emphasized the transparency brought by Indian regulators and called for a review of consumer and wholesale price indices, while warning against unsustainable freebie giveaways by state governments. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zSQJVdK

Hero Motors has retracted its IPO plan worth Rs 900 crore, as indicated in an update with Sebi. The proposed IPO included a fresh issue to raise Rs 500 crore and an OFS worth Rs 400 crore by promoters. Proceeds were intended for debt payment and facility expansion. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/O5QnYom

Close to 50 companies, including major players like TCS, Tech Mahindra, and L&T, have offered over 13,000 internships through the PM Internship scheme portal. Around 200 companies have registered so far, aiming to bridge the skills gap by targeting over 1.2 lakh internships this financial year. Opportunities span various sectors, and internships are focused on unemployed youth aged 21-24. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vIEmuAJ

Indian farmers receive only about one-third of the final selling price of fruits and vegetables, with intermediaries taking the majority share, in contrast to sectors like dairy where farmers get 70%. Research by RBI suggests policymakers improve productivity, expand storage, and leverage digital platforms to stabilize prices and increase farmers' earnings. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CKayXZ6

The commerce department is planning a long-term solution for exporters' credit issues by considering a credit guarantee fund. This fund will help businesses access finance without needing collaterals. Exporters are currently struggling with declining export credit and high costs. Consulting firm EY is involved in assessing various options for improvement. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nXyLrjD

Amul has successfully launched its milk in the US and is set to enter the European market. India, now the largest milk producer, is poised to supply one-third of the world's milk. The cooperative model from India, exemplified by Dr. Verghese Kurien, is highlighted as a significant contribution. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pjDhCJd

Since early October, Indian stock markets have faced significant selling pressure as Foreign Portfolio Investors (FPIs) withdrew Rs 27,142 crore. The largest sell-off was on October 4, driven by FPIs reallocating funds to more favorable Asian markets like China and Hong Kong, impacting investor confidence. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PxMLWG8