Finance, Banking & Insurance
Finance, Banking & Insurance
The Union government is planning to simplify its income tax filing rules to streamline the process for taxpayers. According to Business Standard, a proposed revamp of the Income-tax Act of 1961 is being finalised and will likely be issued for public consultation around mid-January. Some of the proposed changes include
by PublisherMinister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the eighth pre-budget consultation in New Delhi, focusing on trade union inputs for the Union Budget 2025-26. The session was attended by Minister of State for Finance, Pankaj Chaudhary, Finance Secretary, Secretaries from the Department of Economic Affairs and Department of
by PublisherShares of ITC Limited were adjusted by ₹26 on the National Stock Exchange (NSE) and ₹27 on the Bombay Stock Exchange (BSE) after a special pre-open session marking the demerger of ITC Hotels, reports The Economic Times. ITC shareholders will receive one ITC Hotels share for every 10 ITC shares,
by PublisherThe Economic Times reports that economic activity showed signs of improvement in the third quarter of fiscal year 2024-25, with indicators such as Unified Payments Interface (UPI) transactions and Goods and Services Tax (GST) collections rising. However, growth for the year is expected to remain subdued, falling below the Reserve
by PublisherReturning to a declining state after Thursday's gain, the Nifty 50 fell 183.90 points, or 0.76%, to close at 24,004.75; while the Sensex lost 720.60 points, or 0.90%, and was at 79,223.11 as trading ended.
by PublisherAccording to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025. The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers
by PublisherThe year 2025 is set to witness nearly 25 start-ups entering the primary market, almost double the 2024 count, with anticipated listings from firms such as Ather Energy, Bluestone, and Zepto. Last year, 13 tech start-ups raised over $3.4 billion in IPOs, supported by strong domestic and foreign investor
by PublisherReserve Bank of India (RBI) Governor Sanjay Malhotra, in his new year message, urged employees to prioritise customer-focused services as the central bank tackles currency depreciation, slowing economic growth, and inflation pressures. Chairman N Chandrasekaran of Tata Sons and Chairman Anand Mahindra of Mahindra Group, in their new year message,
by PublisherThe Union government is planning to simplify its income tax filing rules to streamline the process for taxpayers. According to Business Standard, a proposed revamp of the Income-tax Act of 1961 is being finalised and will likely be issued for public consultation around mid-January. Some of the proposed changes include
by PublisherThe Union government is planning to simplify its income tax filing rules to streamline the process for taxpayers. According to Business Standard, a proposed revamp of the Income-tax Act of 1961 is being finalised and will likely be issued for public consultation around mid-January. Some of the proposed changes include
by PublisherMinister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the eighth pre-budget consultation in New Delhi, focusing on trade union inputs for the Union Budget 2025-26. The session was attended by Minister of State for Finance, Pankaj Chaudhary, Finance Secretary, Secretaries from the Department of Economic Affairs and Department of
by PublisherShares of ITC Limited were adjusted by ₹26 on the National Stock Exchange (NSE) and ₹27 on the Bombay Stock Exchange (BSE) after a special pre-open session marking the demerger of ITC Hotels, reports The Economic Times. ITC shareholders will receive one ITC Hotels share for every 10 ITC shares,
by PublisherThe Economic Times reports that economic activity showed signs of improvement in the third quarter of fiscal year 2024-25, with indicators such as Unified Payments Interface (UPI) transactions and Goods and Services Tax (GST) collections rising. However, growth for the year is expected to remain subdued, falling below the Reserve
by PublisherReturning to a declining state after Thursday's gain, the Nifty 50 fell 183.90 points, or 0.76%, to close at 24,004.75; while the Sensex lost 720.60 points, or 0.90%, and was at 79,223.11 as trading ended.
by PublisherAccording to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025. The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers
by PublisherThe year 2025 is set to witness nearly 25 start-ups entering the primary market, almost double the 2024 count, with anticipated listings from firms such as Ather Energy, Bluestone, and Zepto. Last year, 13 tech start-ups raised over $3.4 billion in IPOs, supported by strong domestic and foreign investor
by PublisherReserve Bank of India (RBI) Governor Sanjay Malhotra, in his new year message, urged employees to prioritise customer-focused services as the central bank tackles currency depreciation, slowing economic growth, and inflation pressures. Chairman N Chandrasekaran of Tata Sons and Chairman Anand Mahindra of Mahindra Group, in their new year message,
by PublisherBengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1
by PTIA Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.
by PTIThe Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money
by PTIPrime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering
by PTIOdisha Chief Minister Mohan Charan Majhi on Tuesday said he is hopeful that the MoU for establishment of a "mega" steel plant in mineral-rich Keonjhar district would be signed during a business conclave in the state on January 28-29. Majhi said he is focusing on signing of the
by PTIPresident of Singapore Tharman Shanmugaratnam arrived here on Tuesday night on a five-day visit that aims to further boost bilateral ties in a range of areas. Shanmugaratnam, accompanied by a high-level delegation, was received at the airport by Union Minister Jitin Prasada. It is his first visit to India as
by PTIExternal Affairs Minister S Jaishankar on Tuesday called on Spanish President Pedro Sanchez and reiterated the "long-standing" India-Spain partnership, updating him on the progress in bilateral cooperation. Separately, he also called on the King of Spain Felipe VI. Jaishankar arrived in Spain on Monday for a two-day official
by PTIA thick layer of very dense fog covered New Delhi on Wednesday morning. The national capital's air quality fell into the "very poor" range. The Central Pollution Control Board reports that at 7 a.m. today, the AQI was measured at 344 in Delhi. It was
by PublisherBengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1
A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.
The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money
Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering
Odisha Chief Minister Mohan Charan Majhi on Tuesday said he is hopeful that the MoU for establishment of a "mega" steel plant in mineral-rich Keonjhar district would be signed during a business conclave in the state on January 28-29. Majhi said he is focusing on signing of the
President of Singapore Tharman Shanmugaratnam arrived here on Tuesday night on a five-day visit that aims to further boost bilateral ties in a range of areas. Shanmugaratnam, accompanied by a high-level delegation, was received at the airport by Union Minister Jitin Prasada. It is his first visit to India as
External Affairs Minister S Jaishankar on Tuesday called on Spanish President Pedro Sanchez and reiterated the "long-standing" India-Spain partnership, updating him on the progress in bilateral cooperation. Separately, he also called on the King of Spain Felipe VI. Jaishankar arrived in Spain on Monday for a two-day official
A thick layer of very dense fog covered New Delhi on Wednesday morning. The national capital's air quality fell into the "very poor" range. The Central Pollution Control Board reports that at 7 a.m. today, the AQI was measured at 344 in Delhi. It was