NEWS
RBI lets 30 countries open vostro accounts with Indian banks for rupee trade
08 Feb 2025
Reserve Bank of India (RBI) has permitted correspondent banks from 30 countries to open Special Rupee Vostro Accounts (SRVAs) with banks in India
Infosys denies forced layoffs at its Mysuru campus
08 Feb 2025
Infosys on Friday said it has terminated over 300 trainees at its Mysuru campus, and not 400 as reported in the media
RBI cuts repo rate by 25 bps to 6.25% as economy slows
07 Feb 2025
Reserve Bank of India (RBI) on Thursday announced a 0.25 basis point reduction in its policy repo rate, effective immediately, in a bid to pump liquidity into a slowing economy.
Honeywell to split into 3, spin off automation and aerospace businesses
07 Feb 2025
Honeywell on Thursday announced the completion of a comprehensive portfolio review, which would lead to the hiving off of its automation and aerospace businesses.
Nissan says merger talks with Honda on, rejects reports of pullout
06 Feb 2025
Japanese automaker Nissan on Wednesday said it is continuing to hold “various discussions” with larger peer Honda, rejecting reports that the company
India investing Rs20,000 cr for building small modular nuclear power reactors
05 Feb 2025
India will invest Rs20,000 crore for design and development of at least five Small Modular Reactors (SMRs) that will be operational by 2033
ABB and Sage Geosystems partner for developing geothermal power system for Meta
05 Feb 2025
ABB and Sage Geosystems are partnering to develop Geopressured Geothermal Systems that can generate up to 150 MW of geothermal baseload power for Meta
India now exports fruits and vegetables to 123 countries
05 Feb 2025
Thanks to the Agricultural and Processed Food Products Export Development Authority’s (APEDA) support schemes, India’s exports of fruits and vegetables
Nippon Steel and US Steel move court against President Biden’s order blocking deal
04 Feb 2025
Nippon Steel Corporation along with its wholly owned subsidiary Nippon Steel North America, Inc, and United States Steel Corporation
Budget 2025-26: Income up to Rs12 lakh to get tax exemption
03 Feb 2025
Presenting the budget in Parliament, finance minister Nirmala Sitharaman proposed an across-the-board change in income-tax slabs and rates
Budget 2025-26: Sitaraman promises a simpler tax regime
03 Feb 2025
Finance minister Nirmala Sitaraman promised to continue efforts to simplify taxes, improve tax payer services, provide tax certainty and reduce litigation while keeping in mind
Budget 2025-26: More disposable income in taxpayer’s hands
03 Feb 2025
Presenting the Union Budget for the financial year 2025-26 in Parliament today, finance minister Nirmala Sitaraman proposed an increase in standard deduction for personal income tax
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