Sat, Nov 16, 2024 10:35 AM
Global stocks drop as Fed signals slower pace of rate cuts
A Flip by Avya Verma
Sebi orders Reliance Big Entertainment to pay Rs 26 crore in fines for failing to clear penalties imposed for illegal diversion of funds, warning of asset attachment if payment is not made within 15 days. The regulator also warned that assets, including bank accounts, of Reliance Big Entertainment Pvt Ltd (now known as Rbep Entertainment Pvt Ltd) will be attached.
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The market has fallen over 10% from its top, causing directional traders to face uncertainty, with no clear consensus on direction. Open Interest is at a low level, indicating low participation due to lack of confidence. A Stage-Wise Execution Strategy on Options can be useful in dealing with indecisiveness.
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Central and state government pensioners must submit their life certificates by November 30 or risk pension termination; pensioners aged 80+ can submit from October 1, while others can submit from November 1; options include in-person, online, or doorstep banking, with a campaign launching on November 1 to empower retirees digitally.
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