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 Publisher
Minister 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 Publisher
Shares 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 Publisher
The 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 Publisher
Returning 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 Publisher
According 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 Publisher
The 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 Publisher
Reserve 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 Publisher
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 Publisher
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 Publisher
Minister 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 Publisher
Shares 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 Publisher
The 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 Publisher
Returning 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 Publisher
According 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 Publisher
The 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 Publisher
Reserve 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 Publisher
India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. Gross domestic product of the fourth quarter of the government’s fiscal year 2025 came in sharply higher than the 6.7% growth forecast by economists in
by Publisher
India, which was ranked tenth in the world in 2014, continues to be the fastest-growing major economy. B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary
by Publisher
If PM Modi licenses SpaceX’s Starlink satellite internet service, India will be risking national sovereignty and security in handing over the keys to its skies to Elon Musk.
by Publisher
Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world. Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region.
by Publisher
Bengaluru-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 Publisher
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.
by Publisher
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
by Publisher
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
by Publisher
India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. Gross domestic product of the fourth quarter of the government’s fiscal year 2025 came in sharply higher than the 6.7% growth forecast by economists in

India, which was ranked tenth in the world in 2014, continues to be the fastest-growing major economy. B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary

If PM Modi licenses SpaceX’s Starlink satellite internet service, India will be risking national sovereignty and security in handing over the keys to its skies to Elon Musk.

Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world. Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region.

Bengaluru-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