Centre has announced rationalisation of the tax treatment on the investments by Foreign Portfolio Investors (FPIs) in Government Securities (G-Secs), by exempting such investments from income tax on any interest or capital gain to align with the taxation on G-Secs with many comparable jurisdictions.
Addressing a press conference, Congress leader and AICC Chairman of the Media and Publicity Department Pawan Khera cited SEBI’s interim order and claimed that the findings pointed towards “one of the largest financial misrepresentation scandals in India’s corporate history.”
The Right to Repair is a legal and policy framework aimed at ensuring that consumers and independent repair businesses can access the tools, parts, software and technical information needed to fix products they own.
Prime Minister Narendra Modi on Friday welcomed India’s latest GDP data, calling it proof of economic resilience, reform impact and the hard work of 140 crore Indians.
One of the key changes allows individual Persons Resident Outside India (PROIs) to invest in shares of listed Indian companies through the Portfolio Investment Scheme.
Britannia reported higher inflation in palm oil, laminates, and fuel costs, whereas wheat followed a deflationary trend. However, the company noted that domestic operations remained unaffected by fuel and gas shortage concerns from the West Asia conflict.
Britannia reported higher inflation in palm oil, laminates, and fuel costs, whereas wheat followed a deflationary trend.
Sensex fell as much as 0.71 per cent or over 500 points to hit an intraday low of 77,291.72 in early trade, while Nifty slipped by 168 points or 0.69 per cent to 24,158.15.
US-based connectivity cloud company Cloudflare has announced that it plans to cut more than 1,100 jobs globally as the company restructures its operations around the growing adoption of artificial intelligence (AI), according to an internal memo sent to employees by the company.
The Federal Bank as well as the AU Small Finance Bank informed the stock exchange in separate filings here on Thursday, that the Reserve Bank of India (RBI) has cleared the acquisition of 9.99% stakes each in both banks by Kotak Mahindra Bank Ltd.
