Tag: india politics
Rupee Trade Worth $2.5-Billion Since July 2022 RBI Move
NEW DELHI: India has settled international trade worth over $2.5 billion in rupee after the Reserve Bank of India (RBI) facilitated this in July last year, according to a senior official. Much of the trade settlement in rupee has been with Russia, Sri Lan...
FPIs Pull Out Rs 12,000 Crore From Equities So Far In October; Invest Rs 5,700 Crore
NEW DELHI: Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the...
Food Stock-Holding, E-Commerce Tax On Wto Meet Agenda
NEW DELHI: Senior officials from the World Trade Organisation (WTO) member countries are meeting in Geneva from Monday to lay the groundwork for the next ministerial conference of the global trade regulating body which will involve reviewing the status of...
MNCs May Face Rs 11,000 Crore Retro Tax Demand After SC Ruling
NEW DELHI: Several multinational companies headquartered in the Netherlands, Switzerland and France could be staring at retrospective tax demands for close to ₹11,000 crore on dividend income repatriated from India, following a Supreme Court ruling last w...
Private Banks Tighten Vigilance On Small Unsecured Loans
MUMBAI: Small loans may turn out to be a big worry for banks. Some lenders are seeing stress rise in small-ticket unsecured personal loans as borrowers with low incomes find it hard to repay dues. RBI has flagged concerns over an increase in unsecured loa...
Early Birds Report Strong Q2 Growth
MUMBAI: The initial trend in the second quarter results season is along anticipated lines with double-digit growth in net profit helped by a low base in the year-ago period and a stellar performance by banking and finance companies, offsetting a muted sho...
A Year After Rollout, Private 5G Struggles To Find Takers
NEW DELHI: India’s 5G rollout speed may be one of the fastest in the world in just a year of launch. But where the country is falling behind is in the adoption of private captive networks by its enterprises. India lags behind the US, Japan, Germany, UK a...
IPOs Of Small And Medium Enterprises Raise Rs 3,540 Crore In 2023 So Far
NEW DELHI: The Small and medium enterprises (SME) IPOs have been performing exceptionally well in the share market. The reasons are the strong participation from High Net Worth Individuals (HNIs), liquidity in the market and the positive outlook of the in...
Net FDI Into India Declines To $2.99 Billion In April-August
The net Foreign Direct Investment (FDI) in India, declined sharply in April-August 2023 to $2.99 billion from $18.03 billion in April-August 2022 due to moderation in global investment activity and a rise in repatriation. Reserve Bank of India’s data (Oct...
Apple to Debut iMac Refresh at the End of the Month, New iPad Models to Arrive in March 2024: Gurman
Apple is yet to refresh its 2021 24-inch iMac, with the company widely speculated to be working on the follow-up. Industry analyst Ming-Chi Kuo had said last week that he expected the Cupertino, California-based company to unveil a new 24-inch iMac next y...
Nath jibe on Chouhan’s ‘bridge without river’
Madhya Pradesh Chief Minister Shivraj Singh Chouhan has gone on an announcement spree this election season and is even promising a bridge where there is no river, claimed state Congress president Kamal Nath on Sunday. The BJP-governed MP will go to polls...
Kharge writes to PM over ‘politicisation’ of bureaucracy
Congress president Mallikarjun Kharge on Sunday wrote to Prime Minister Narendra Modi alleging that the government’s recent orders asking officials to “showcase” the achievements of the last nine years was “politicisation” of the bureaucracy and demanded...
Supporter alleges Fadnavis bid to ‘control’ Ajit Pawar
Nationalist Congress Party MLA Rohit Pawar on Sunday alleged 26 works at under-construction government hospitals in Maharashtra were lying incomplete due to stoppage of funds by Deputy Chief Minister Ajit Pawar on the orders of Devendra Fadnavis who wants...
Nadda brings up ‘warship holiday’ to counter Kharge
Just ahead of the five state assembly elections and less than a year before the Lok Sabha elections, thanks to a letter by Congress chief Mallikarjun Kharge to Prime Minister Narendra Modi, the Bharatiya Janata Party (BJP) has resurrected an issue that ha...
Jaipur royal says no rivalry with Vasundhara
BJP’s Vidyadhar Nagar seat candidate and Rajsamand MP, Diya Kumari, has told News18 that she respects Vasundhara Raje “greatly”, and it was she who brought her into the party, accusing the opposition of creating rumours of her alleged rivalry with the f...
