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SEBI Fines Axis Securities ₹10 Lakh for Rule Violations

SEBI Fines Axis Securities ₹10 Lakh for Rule Violations: The Securities and Exchange Board of India (SEBI) has imposed a fine of ₹10 lakh on Axis Securities for multiple violations of stockbroker regulations. The regulatory action follows an inspection covering the period from April 2021 to November 2022. SEBI found several lapses in compliance, including […]

RBI to Inject $10 Billion Through Forex Swap to Ease Liquidity Crunch

RBI to Inject $10 Billion Through Forex Swap to Ease Liquidity Crunch: The Reserve Bank of India (RBI) has announced a $10 billion foreign exchange (forex) swap to inject liquidity into the banking system and address the prevailing cash crunch. The three-year swap auction is scheduled for February 28, 2025. This move follows a previous […]

First Astronaut with Disability Cleared for ISS Mission

First Astronaut with Disability Cleared for ISS Mission: The European Space Agency (ESA) has medically cleared British astronaut John McFall, a former Paralympian with a prosthetic leg, for long-duration missions to the International Space Station (ISS). This historic decision marks a significant milestone in making space exploration more inclusive.