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Detailed stories on technology startups, business and economic current affairs.
In July 2021, India’s coal ministry put 67 new mines up for auction; only 19 of these received interest and only eight got more than one bid. In 2015, when coal mines were first being auctioned to private companies, the future revenue streams from these auctions were being touted as historic sources of income for both the Union and state governments. Today, India is struggling to give them away to the private sector at rock-bottom prices with minimal conditions. What went so wrong? Why is the government struggling to sell a commodity it considers so precious? You don’t have to …

A market dominated by speculative activity is enriching sophisticated traders at the expense of retail investors, distorting exchanges and brokerages, and putting household savings at risk.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.