Ferrari’s first electric car sells for $40 million at auction, nearly 40 times its $1.1 million estimateIn a landmark auction, Ferrari's debut electric car, the 2026 Ferrari Luce, achieved a staggering $40 million, setting a new precedent in c...
BSE shares tumble 5% after Jefferies downgrades stock to 'underperform'. Here’s whyBSE shares fell sharply on Monday after Jefferies downgraded the stock and cut its target price to Rs 2,940, citing risks from proprietary ...
Sebi chief Tuhin Kanta Pandey says CAS here to stay, will study concerns over rolloutSebi Chairman Tuhin Kanta Pandey says the closing auction session (CAS) is here to stay, even as the regulator reviews concerns over its im...
Ferrari's first all-electric car sells for record $40 million at auctionFerrari's first all-electric vehicle sold for forty million dollars at auction. This sale established a new record for the most expensive n...
Indian bond bias stays positive, debt auction demand in focusIndian government bonds remained firm in early trade on Friday. The benchmark 10-year bond yield held above the key 6.75% level. Investors ...
Sebi sees no CAS manipulation, eyes more participationIn a recent statement, Sebi chairman Tuhin Kanta Pandey confirmed that the closing auction sessions showed no manipulation. He linked earli...
Ship pays $4 million to skip line to cross Panama CanalWhile typical transits through the waterway are paid by a flat rate via reservations, the Panama Canal Authority also offers customers an a...
Labourer finds Rs 50 lakh diamond in Panna mine abandoned for a year, says it was ‘right on top’In a remarkable turn of events, seven miners in Panna unearthed a stunning 16.96-carat diamond that is projected to yield over fifty lakh r...
US Treasuries hold gains as softer inflation weakens rate-hike fearsUS Treasuries maintained gains as consumer prices rose moderately in July. The government's ten-year note auction cleared at a high yield r...
Sebi sees no manipulation in closing auction sessions so far, says Tuhin Kanta PandeyThe Securities and Exchange Board of India has confirmed that no manipulation exists within the newly established closing auction system. T...
CAS chaos: Retail traders call for boycott, declare 'No Trade Day'Retail traders are observing a proposed ‘No Trade Day’ on August 12 to protest the newly introduced Closing Auction Session (CAS), higher s...
States should mine more, not tax more: The fiscal lesson from OdishaNew legislation will remove state powers to levy taxes on minerals. This change is expected to encourage investment and increase mineral pr...
CAS is here to stay: SEBI confident that Closing Auction Session will improve as participation rises, despite market-wide confusionThe Securities and Exchange Board of India (Sebi) remains steadfast in its support for the newly implemented closing auction system. Despit...
Where art thou? From royal silverware to rare watches, what collectors are bidding for nowAs collectors broaden their horizons beyond canvases, Glynda Alves finds that India’s auction houses are witnessing growing demand for item...
Old strategies buried alive: How CAS hit Dalal Street tradersThe new closing auction session (CAS) has rattled Dalal Street, with traders saying long-standing strategies are no longer working. SEBI, h...
Closing Auction Session: Why Sebi says the new framework is better than VWAPSebi has defended the new Closing Auction Session (CAS), saying it offers better price discovery and execution certainty than the earlier V...
Rajpal Yadav faces another blow as bank moves to auction two properties in Rs 16.61 crore loan recovery case; online bidding on September 9: ReportActor Rajpal Yadav's financial troubles escalate as two of his properties are set to be auctioned off to recover a staggering outstanding l...