Yield on govt securities moderated sharply in Q1: Fin Min report
The additional public expenditure on account of the Covid-19 pandemic has pushed up government borrowing during the April-June quarter with the Centre issuing dated securities aggregating to Rs 3,46,000 crore as against Rs 2,21,000 crore in Q1 of FY20, according to a quarterly report on public debt management brought out by the Finance Ministry.
Apple stock plunges 22%, $500bn eroded in market cap: Report
A broad sell-off in the overall tech sector amid an ‘underwhelming product launch event this week has resulted in Apple stock plunging nearly 22 per cent from its intraday record high of $137.98 on September 2, losing around $532 billion in market value.
SEBI tells MFs to put in place policy for trade execution, allocation
The Securities and Exchange Board of India (SEBI) has made it mandatory for mutual fund houses to put in place a policy specifying the specific roles and responsibilities of various teams engaged in activities dealing with order placement, execution of order, trade allocation amongst various schemes