NEWS
.jpg "CBDT explains Budget proposal on capital gains tax")
CBDT explains Budget proposal on capital gains tax
25 Jul 2024
The Budget, through the Finance Bill, has proposed a rationalisation and simplification of the taxation of capital gains.
Govt working to improve viability of Fair Price Shops
25 Jul 2024
The centre is carrying out a pilot study on ways to improve the viability of Fair Price Shops (FPS) that currently distribute food grains and related items provided under government subsidy to weaker section of population.
Budget 2024-25 speaks of NextGen reforms and strategic policies
24 Jul 2024
The Union Budget 2024-25, presented by finance minister Nirmala Sitharaman, aims to achieve higher economic growth through improved productivity, and by enhancing the efficiency of markets.
.jpg "Economic Survey projects India’s GDP growth at 6.5–7% in 2024-25")
Economic Survey projects India’s GDP growth at 6.5–7% in 2024-25
24 Jul 2024
Economic Survey 2023-24 presented in Parliament by finance minister Nirmala Sitaraman has projected India’s real GDP growth at 6.5–7 per cent in 2024-25.
Ohmium opens 2GW hydrogen electrolyser gigafactory ner Bengaluru
22 Jul 2024
US-based hydrogen electrolyser maker Ohmium International has announced the launch of its new gigafactory in Doddaballapura, close to Bengaluru.
Sebi proposes new asset class midway between mutual funds and PMS
21 Jul 2024
The Securities and Exchange Board of India (Sebi) has proposed the creation of a new class of assets that would be placed midway between mutual funds (MFs) and portfolio management services (PMS).
CrowdStrike software glitch hits Microsoft Windows operating systems worldwide
21 Jul 2024
A glitch in software update by cybersecurity firm CrowdStrike led to global outages in Microsoft systems affecting businesses and governments on Friday.
.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs
19 Jul 2024
Sirius Digitech Limited, a joint venture of Adani Group and Sirius International Holding, a subsidiary of International Holding Company (IHC)
IMF, ADB project 7% GDP growth for India
19 Jul 2024
The International Monetary Fund (IMF) has raised its growth outlook for India for the current year to 7 per cent from its earlier projection of 6.8 per cent
JSW-MG Motor JV to launch its first EV in October-December quarter
18 Jul 2024
A joint venture of JSW Group and MG Motor will be launching its first vehicle – a crossover utility vehicle (CUV) - somewhere in October-November this year.
.jpg "RBI issues new directions to banks for recovering money lost in frauds,")
RBI issues new directions to banks for recovering money lost in frauds,
18 Jul 2024
Reserve Bank of India (RBI) has issued new directions to banks and other regulated entities to ensure that money lost through fraudulent transactions is recovered and not written off as non-performing asset (NPA).
India gives a big boost to MRO industry with uniform 5% IGST on aircraft components
17 Jul 2024
India has started levying a uniform 5 per cent Integrated Goods and Services Tax (IGST) on aircraft parts, beginning 15 July
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