• About
  • Advertise
  • Privacy & Policy
  • Contact Us
Thursday, December 7, 2023
Funniest Indian
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Buzz
    Himanshi Khurana Reveals Asim Riaz’s Initiative To Discuss Religious Differences In Breakup Announcement, Asim Responds

    Himanshi Khurana Reveals Asim Riaz’s Initiative To Discuss Religious Differences In Breakup Announcement, Asim Responds

    [WATCH] Sreesanth Accuses Gautam Gambhir of Disrespecting Seniors And Igniting On-Field Drama

    [WATCH] Sreesanth Accuses Gautam Gambhir of Disrespecting Seniors And Igniting On-Field Drama

    21 Most Hilarious Dog Face Reactions You Should Never Forget

    This Guy Do Ollie Over The Barrel And People Reactions is Priceless

    This Man Invent a Fashionable Suit for Astronaut

    Trending Tags

    • Funny
    • Gaming
    • Health
    • Viral
    • Food
    • News
  • Animals

    21 Most Hilarious Dog Face Reactions You Should Never Forget

    This Dog Woke Up And, Uh-Oh, She’s Surrounded By Cats

    10 Funny Cat Pictures That Will Made Your Day

    This Is The Only Camel Selfie You Ever Need To See

    This is How Your Dogs Spend Their Weekends

    This Lovely Cats & Dogs Gallery Will Brighten Your Day

    People Are Going Nuts Over This “Ugly Cat” After Her Owner Shared Hilariously Warped Pics

  • Celebs
    Tripti Dimri’s Candid Take On Intimacy With Ranbir: Netizens Buzz With Speculation

    Tripti Dimri’s Candid Take On Intimacy With Ranbir: Netizens Buzz With Speculation

    This Cheat Sheets Will Actually Help You Sleep Better

    This Dog Woke Up And, Uh-Oh, She’s Surrounded By Cats

    This Man Invent a Fashionable Suit for Astronaut

    Rare Photos Of Albert Einstein That You’ve Probably Never Seen Before

    Trending Tags

    • Food
    • Funny
    • Gaming
    • Health
    • Viral
    • Entertainment
  • Life

    When you get another day-off, but suddenly canceled

    This Cheat Sheets Will Actually Help You Sleep Better

    21 Most Hilarious Dog Face Reactions You Should Never Forget

    This Guy Do Ollie Over The Barrel And People Reactions is Priceless

    This Dog Woke Up And, Uh-Oh, She’s Surrounded By Cats

    This Man Invent a Fashionable Suit for Astronaut

    Age is just a number? Nah, it’s just a word!

  • Tech

    When you get another day-off, but suddenly canceled

    This Cheat Sheets Will Actually Help You Sleep Better

    This Guy Do Ollie Over The Barrel And People Reactions is Priceless

    This Man Invent a Fashionable Suit for Astronaut

    Age is just a number? Nah, it’s just a word!

    Rare Photos Of Albert Einstein That You’ve Probably Never Seen Before

    10 Funny Cat Pictures That Will Made Your Day

  • Video
  • More
    • About
    • Contact Us
No Result
View All Result
Funniest Indian
No Result
View All Result
Advertisement Banner
Home

‘Give SEBI Time To Understand What Happened’ FM Nirmala Sitharaman Breaks Silence On Adani Stock Rout 

Finance Minister reacts to Adani stock fallout.

Vandita Sharma by Vandita Sharma
09/02/23
in News
Reading Time: 2 mins read
399 4
0
554
SHARES
2.5k
VIEWS
Share on FacebookShare on Twitter

Just a week after presenting the Union Budget 2023-24, India’s Finance Minister Nirmala Sitharaman has now opened up about the Adani Group stock rout amid Hindenburg Research’s accounting fraud, stock manipulation, and money laundering allegations against the conglomerate.

SEBI Should Be Given Time to Understand

FM Sitharaman has stated that SEBI (Securities and Exchange Board of India) should be given time to investigate and process what had happened.

“I think SEBI should be given time to come up clearly on understanding how this happened & what has actually happened… I think it is now time for them to get a comprehensive picture, and I am sure they would do it,” Sitharaman said in an interview with ET Now.

She was asked about the heavy selloff in Adani stocksin the last couple of weeks. While praising the role of regulatory bodies in India, the finance minister said the regulators are very capable and match their peers elsewhere.

“I will not buy for a moment anyone saying Indian governance or the regulatory mechanisms are not good enough. In fact, in very many areas, we seem to be leading the way in terms of good governance,”

Nirmala Sitharaman said, adding that Indian regulators are well-seized in what they have to do and they will do the needful where and when necessary.

SEBI’s statement 

 

SEBI has said that it seeks to maintain the orderly and efficient functioning of the market and has also put in place a set of well-defined, publicly available surveillance measures (including the ASM framework) to address excessive volatility in specific stocks.

“This mechanism gets automatically triggered under certain conditions of price volatility in any stock,” it quoted, as per an ET report.

Adani Stocks Recovering slowly.

After falling heavily and rapidly on most days in the past two weeks, many of Adani Group’s stocks have fared better in the last 2 days.

Yesterday, Adani Enterprises is up 11%, Adani Transmission and Adani Power are each up 5%, and Adani Ports is up 6%.

As per the Bloomberg Billionaire Index, Gautam Adani is currently ranked 21 on the rich list with a net worth of $57.6 billion, which was earlier at $120 billion just before the Hindenburg research report came out and went viral on January 24, 2023.

 

Tags: #trendingAdaniAdani StocksbusinesslatestNirmala SitaramanSEBIStock market
Advertisement Banner
Vandita Sharma

Vandita Sharma

Related Posts

Sukhdev Singh Gogamedi: The Enigmatic Figure And The Unanswered Questions Surrounding His Untimely Death
News

Sukhdev Singh Gogamedi: The Enigmatic Figure And The Unanswered Questions Surrounding His Untimely Death

by Vandita Sharma
December 6, 2023
0

On Tuesday afternoon in Jaipur, Sukhdev Singh Gogamedi, the president of the right-wing group Shri Rashtriya Rajput Karni Sena, was fatally shot...

Read more
Harbhajan Singh Lashes Out At BCCI, Raises Queries About BCCI’s Management of Yuzvendra Chahal
Latest

Harbhajan Singh Lashes Out At BCCI, Raises Queries About BCCI’s Management of Yuzvendra Chahal

by Vandita Sharma
December 2, 2023
0

Yuzvendra Chahal's anticipated return to India's ODI squad for the upcoming South Africa series has raised eyebrows, marking a pivotal moment after...

Read more
Unlocking Orry’s Secrets: From Career and Bollywood Ties To Net Worth

Unlocking Orry’s Secrets: From Career and Bollywood Ties To Net Worth

by Vandita Sharma
November 29, 2023
0

In the dazzling universe of celebrity extravagance and high-profile events, one name that radiates mystique is Orry, also known as Orhan Awatramani....

Read more
Carry Minati Issues Apology Following Verbal Mockery of Sandeep Maheshwari
Viral

Carry Minati Issues Apology Following Verbal Mockery of Sandeep Maheshwari

by Vandita Sharma
November 25, 2023
0

Renowned YouTuber Carry Minati, known for his humorous take on various personalities, has often made headlines for his parody videos that involve...

Read more
BCCI Discloses The Head Coach For India In The Absence Of Rahul Dravid
Trending

BCCI Discloses The Head Coach For India In The Absence Of Rahul Dravid

by Vandita Sharma
November 21, 2023
0

India, a cricketing powerhouse, suffered a heartbreaking defeat against Australia in the ICC Cricket World Cup 2023 final, dashing hopes of lifting...

Read more
PM Modi To Attend Ind Vs Aus World Cup Final, Netizens React
Latest

PM Modi To Attend Ind Vs Aus World Cup Final, Netizens React

by Vandita Sharma
November 17, 2023
0

We're on the brink of clinching our third World Cup title, and our journey has been nothing short of spectacular. The boys...

Read more

Trending

Himanshi Khurana Reveals Asim Riaz’s Initiative To Discuss Religious Differences In Breakup Announcement, Asim Responds
Buzz

Himanshi Khurana Reveals Asim Riaz’s Initiative To Discuss Religious Differences In Breakup Announcement, Asim Responds

55 mins ago
Tripti Dimri’s Candid Take On Intimacy With Ranbir: Netizens Buzz With Speculation
Bollywood

Tripti Dimri’s Candid Take On Intimacy With Ranbir: Netizens Buzz With Speculation

3 hours ago
Deepika Padukone Reacts To Alia Praising Ranbir Kapoor’s Misogynist Role In ‘Animal’, Gets Trolled
Viral

Deepika Padukone Reacts To Alia Praising Ranbir Kapoor’s Misogynist Role In ‘Animal’, Gets Trolled

6 hours ago
[WATCH] Sreesanth Accuses Gautam Gambhir of Disrespecting Seniors And Igniting On-Field Drama
Trending

[WATCH] Sreesanth Accuses Gautam Gambhir of Disrespecting Seniors And Igniting On-Field Drama

8 hours ago
Shah Rukh Khan Heart-Winning Reply To A Very Special Fan Goes Viral
Viral

Shah Rukh Khan Heart-Winning Reply To A Very Special Fan Goes Viral

1 day ago
Funniest Indian

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Recent News

Himanshi Khurana Reveals Asim Riaz’s Initiative To Discuss Religious Differences In Breakup Announcement, Asim Responds

Himanshi Khurana Reveals Asim Riaz’s Initiative To Discuss Religious Differences In Breakup Announcement, Asim Responds

December 7, 2023
Tripti Dimri’s Candid Take On Intimacy With Ranbir: Netizens Buzz With Speculation

Tripti Dimri’s Candid Take On Intimacy With Ranbir: Netizens Buzz With Speculation

December 7, 2023

Categories

  • Animals
  • Bollywood
  • Buzz
  • Celebs
  • Controvery
  • cricket
  • Fitting Replies
  • Latest
  • Life
  • Listicles
  • News
  • Ram Charan
  • Tech
  • Trending
  • Video
  • Viral

Tags

#cricket #trending #Twitter Aamir Khan AKSHAY KUMAR Alia Bhatt Aman Gupta Amitabh bachchan Anand Mahindra Anupam Mittal Anushka Sharma Ashneer Grover bollywood bollywood actors Bollywood Actress Bollywood Celebrities Bollywood Couples Bollywood Movies Deepika Padukone Featured fitting replies ICC Cricket World Cup 2023 India Indian Cricket Team Instagram IPL 2023 Kangana ranaut kapil sharma Karan Johar katrina kaif latest Mrunal Thakur ms dhoni Mukesh Ambani Pathaan Ranbir Kapoor Ranveer Singh rohit sharma salman khan shah rukh khan Shark Tank India Shark Tank India 2 Social Media srk Virat Kohli
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Buzz
  • Animals
  • Celebs
  • Life
  • Tech
  • Video
  • More
    • About
    • Contact Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In