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Mumbai crime branch unearths illegal share trading worth ₹6,840 crore, arrests four
The Mumbai Crime Branch uncovered a major illegal stock trading scam and arrested four defendants from Ghatkopar in this case. A review of the computer systems of the four defendants in the presence of senior officials of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) revealed that in the past seven months they were suspected of illegally carrying out a value of 684.0 million.
The rupee is outside the legal system of BSE and NSE. The police suspected that the defendant repeatedly evaded taxes and caused tens of millions of rupees to the government’s finances. The police said that the four suspected illegal stock traders also used the Hawala channel for fund transactions. According to the police, illegal stock trading — commonly referred to as “dabba trading” — is an unauthorized market that has its own trading laws and legislation.
This is the process by which the broker routes clients to trade outside the stock exchange. The bucket serves as an operator, away from crowded business areas. Daba trading is also carried out through various applications, which are used to buy and sell stocks in the illegal market. With the help of the software, transactions occur all over the country.
News Source : Hindustan Times
%20(2).jpg "Ratan Tata, industry titan and national icon, dies at 86")
Haryana
Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024
Check the weather forecast and air quality updates for Delhi on October 22, 2024 here.
The temperature in Delhi today, on October 22, 2024, is 32.93 °C. The day’s forecast indicates a minimum and maximum temperature of 22.05 °C and 35.04 °C, respectively. The relative humidity is 26% and the wind speed is 26 km/h. The sun rose at 06:26 AM and will set at 05:44 PM.
Tomorrow, on Wednesday, October 23, 2024, Delhi is predicted to experience a minimum and maximum temperature of 27.42 °C and 34.91 °C, respectively. Tomorrow humidity levels will be at 20%.
With temperatures ranging between 22.05 °C and 35.04 °C, prepare for a hot day and plan outdoor activities accordingly. If you are sensitive to heat, take note of the weather forecast and consider appropriate attire and activities suitable for the prevailing weather.
The AQI in Delhi today stands at 334.0, falling in the very poor category. Everyone should be cautious. Children and people with respiratory diseases, such as asthma, should stay indoors and others should also limit their outdoor activities. Usage of masks and air purifying devices is advised. Being aware of the AQI helps one make informed decisions regarding one’s overall well-being while planning the day’s activities.
Weather and AQI predictions in Delhi for next 7 days:
Date Temperature Sky October 23, 2024 32.93 °C Sky is clear October 24, 2024 32.69 °C Sky is clear October 25, 2024 32.5 °C Sky is clear October 26, 2024 32.07 °C Sky is clear October 27, 2024 30.69 °C Sky is clear October 28, 2024 31.29 °C Sky is clear October 29, 2024 32.09 °C Sky is clear
Weather in other cities on October 22, 2024
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Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024
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