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News   -   Jan 02, 2025 Primary Market Investment Surges as FPIs Shift Focus from Secondary Market
Primary Market Investment Surges as FPIs Shift Focus from Secondary Market

Foreign portfolio investors (FPIs) invested $14.5 billion in India's primary market in 2024, primarily through initial public offerings (IPOs) and qualified institutional placements (QIPs), while pulling out $14.37 billion from the secondary market, netting $124 million, according to National Securities Depository Limited (NSDL). 90 IPOs raised

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News   -   Jan 02, 2025 Family Initiates Merger Talks of Ajit and Sharad Pawar Factions
Family Initiates Merger Talks of Ajit and Sharad Pawar Factions

Maharashtra Deputy Chief Minister Ajit Pawar’s mother, Asha Pawar, prayed for the reunion of Ajit and his uncle, Nationalist Congress Party chief Sharad Pawar, during her visit to Pandharpur. Senior NCP leaders, including Praful Patel, expressed support for the reconciliation, with Patel calling Sharad Pawar a "deity"

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News   -   Dec 31, 2024 Deadline for Filing 'Belated and Revised' Tax Returns Extended
Deadline for Filing 'Belated and Revised' Tax Returns Extended

The Central Board of Direct Taxes (CBDT) has extended the deadline for resident individuals to file their "belated or revised" Income Tax Returns (ITR) for the Assessment Year (AY) 2024-25. Originally set for 31 December 2024, the new deadline is 15 January 2025. Taxpayers who missed the earlier

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News   -   Dec 31, 2024 Congress Candidate Dikshit threatens to file Defamation Cases Against CM Atishi
Congress Candidate Dikshit threatens to file Defamation Cases Against CM Atishi

Sandeep Dikshit, son of former Chief Minister of Delhi (Sheila Dikshit) and the Congress candidate from the New Delhi constituency against Aam Aadmi Party (AAP) supremo Arvind Kejriwal, will soon file criminal and civil defamation cases against Delhi Chief Minister Atishi and AAP MP Sanjay Singh. The dispute revolves around

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Morning Briefing   -   Dec 31, 2024 It's Hindutva Politics in Delhi as AAP Gears for a Tough Fight
It's Hindutva Politics in Delhi as  AAP Gears for a Tough Fight

Highlights include the Centre's plan for steel trade, the rise in gold loan defaults, Musk's stand on H-1B and SpiceJet's deal with Boeing.

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News   -   Dec 31, 2024 SpiceJet to Resume Talks with Boeing for B737 Max Deliveries
SpiceJet to Resume Talks with Boeing for B737 Max Deliveries

SpiceJet Chairman and Managing Director Ajay Singh announced plans to restart discussions with US-based aircraft manufacturer Boeing to resume deliveries of B737 Max planes. SpiceJet had in 2017 ordered 205 aircraft, which include 100 B737 Max jets. Deliveries were paused after the airline faced financial challenges with only 13 planes

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News   -   Dec 31, 2024 Defence Ministry Signs Contracts to Strengthen Navy’s Submarine Capabilities
Defence Ministry Signs Contracts to Strengthen Navy’s Submarine Capabilities

The Defence Ministry signed two contracts worth ₹2,867 crore to strengthen the Indian Navy’s underwater capabilities. The ₹1,990 crore-contract with Mumbai-based Mazagon Dock Shipbuilders Ltd is expected to enhance endurance for conventional submarines and install Air Independent Propulsion Plug for the Defence Research and Development Organisation'

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News   -   Dec 31, 2024 Centre Monitoring MAGA Backlash as Musk Says H-1B Needs Reforms
Centre Monitoring MAGA Backlash as Musk Says H-1B Needs Reforms

The Times of India reported that the External Affairs Ministry, Commerce Ministry and IT Ministry are closely monitoring the racist attack against Indian H-1B visa holders in the US. Elon Musk, Trump’s multi-billionaire friend and political aide, has dialled down his support for H-1B visas after the issue faced

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