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India will become the second country after China to move to the T+1 stock settlement mechanism in a phased manner. Under this new mechanism, the buyer and seller of shares will get their shares and money, respectively, within 24 hours. The T+1 stock settlement mechanism will make the existing share purchase and its sale process much faster and more convenient for all stakeholders. ‘T’ in T+1 represents the ‘Trade’ day and ‘+1’ means a day extra. Suppose, you place an order to buy shares on Monday then by Tuesday evening the shares will get credited to your Demat account. From Wednesday morning you can trade using the shares bought.
Phase-I of the Ahmedabad Metro project that was recently flagged off by PM Narendra Modi comprises about _____km of the East-West corridor from Apparel ...
A startup known as SwiffyLabs a business-to-business (B2B) fintech company has been launched,backed by Jio Platforms is to help financial institutions l...
IIFL Finance has raised $175 million through HSBC, Union Bank (Sydney) and Bank of Baroda (IFSC unit).How much has it raised from HSBC?
________ and Siemens Ltd. signed a Memorandum of Understanding (MoU) to demonstrate the feasibility of hydrogen co-firing blended with natural gas.
Indian Economy is recognized as a ‘bright star’ for 2023-24, the Economic Growth is estimated at:
Who became the third Indian cricketer to achieve the milestone of 3,000 runs and 300 wickets in Test cricket during the 2024 series against Bangladesh?
Recently which of the following stock exchange has received approval from the Securities Exchange Board of India (SEBI) to set up a social stock exchang...
Winzo has collaborated with several educational institutes, including Indian Institutes of Technology (IITs), Stanford University and California State U...
RailTel Corporation has received a Work Order from which bank for providing 4G LTE connectivity to 15,000 offsite ATMs across the country?
According to the Crisil report for FY25, what is the projected Gross Non-Performing Assets (GNPA) ratio for the banking system, marking the best level i...