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NSE denies appointment of Siddharth Kotak as its AI Promotion Chairman
Business

NSE denies appointment of Siddharth Kotak as its AI Promotion Chairman

Mumbai, Jan 28: The National Stock Exchange of India Ltd (NSE) on Tuesday refuted claims circulating in media reports, regarding the appointment of Siddharth Kotak as the exchange’s AI Promotion Chairman. The exchange clarified that the news is “entirely baseless and was published without any...
Cuts in income tax rates, higher tariffs on gold likely in Budget 2025-26: Report
Business

Cuts in income tax rates, higher tariffs on gold likely in Budget 2025-26:...

New Delhi, Jan 27: Mild cuts in personal Income Tax rates to boost consumption and concessional Corporate Tax scheme for manufacturing hubs and FDIs to push the 'Make in India' strategy are likely in Budget 2025-26 with the government aiming to push economic growth, according to a private sector...
Credit card usage in India grows as consumers finance consumption needs
Business

Credit card usage in India grows as consumers finance consumption needs

New Delhi, Jan 27: Credit card usage in India grew at 34 per cent in the September quarter of 2024, compared to 26 per cent in the same period in 2023, as consumers increased spending on their existing credit cards to finance their consumption needs, according to a report on Monday. India’s retail...
Govt starts search for new SEBI chief as Buch’s tenure ends on Feb 28
Business

Govt starts search for new SEBI chief as Buch’s tenure ends on Feb 28

New Delhi, Jan 27: The Union Ministry of Finance has started the search for a new chairman to head the Securities and Exchange Board of India (SEBI) as the tenure of incumbent Madhabi Puri Buch ends on February 28. The Finance Ministry’s newspaper advertisements appeared on Monday inviting...
Investment announcements in India reach Rs 32.01 lakh crore in 9 months this fiscal
Business

Investment announcements in India reach Rs 32.01 lakh crore in 9 months this...

New Delhi, Jan 27: The total investment announcements stood at Rs 32.01 lakh crore in the nine months this fiscal (FY25), marking a 39 per cent increase from Rs 23 lakh crore in the same period last fiscal, reflecting a positive investment outlook, the government said on Sunday, citing a recent...
Government e-Marketplace surpasses Rs 4 lakh cr GMV within 10 months this fiscal
Business

Government e-Marketplace surpasses Rs 4 lakh cr GMV within 10 months this fiscal

New Delhi, Jan 25: Setting a new benchmark, the government e-Marketplace (GeM) has surpassed last years’ gross merchandise value (GMV) of Rs 4 lakh crore within 10 months this fiscal (FY25). The GeM clocked a GMV of Rs 4.09 lakh crore as on January 23, which marks a growth of nearly 50 per cent over...
Centre cracks down on spoofed international calls, telcos block over 20 carriers
Business

Centre cracks down on spoofed international calls, telcos block over 20 carriers

New Delhi, Jan 25: An indigenously developed system to identify and block international spoofed calls that display Indian mobile numbers has significantly brought down such calls to about 4 lakh per day, the government has informed. Further, the government asked Indian Telcos to initiate drive...
Centre alerts citizens against fraudsters issuing fake summons for GST violations
Business

Centre alerts citizens against fraudsters issuing fake summons for GST...

New Delhi, Jan 25: The Centre on Friday cautioned citizens against fraudsters issuing fake and fraudulent summons for Goods and Services Tax (GST) violations. The Central Board of Indirect Taxes and Customs (CBIC) said it has been recently observed that some individuals with fraudulent intent are...
Business

'Make products in America or face tariffs': Donald Trump issues ultimatum at...

Davos (Switzerland), Jan 24: US President Donald Trump has invited global businesses to manufacture their products in the US and promised them lower taxes but also issued a stern warning that if they choose to produce their goods elsewhere, they would have to pay tariffs worth 'billions and...
BOK floats more fresh bills ahead of extended Lunar New Year holiday
Business

BOK floats more fresh bills ahead of extended Lunar New Year holiday

Seoul, Jan 24: The Bank of Korea (BOK) said on Friday it has issued a greater value of fresh banknotes for this year's Lunar New Year holiday than a year earlier. The central bank supplied 5.06 trillion won (US$3.89 billion) worth of fresh banknotes to banks and other financial institutions for 10...
Chandrababu Naidu
Business

Chandrababu Naidu's Davos visit successful in creating 'AP Brand' image:...

Amaravati, Jan 24: Andhra Pradesh Chief Minister N. Chandrababu Naidu’s four-day visit to Davos aimed at creating 'AP Brand' image and setting up a network to invite massive investments to the state ended successfully, the state government said on Thursday. While holding fruitful discussions with...
NCLAT stays CCI ban on WhatsApp, asks Meta to pay half the Rs 213 crore fine
Business

NCLAT stays CCI ban on WhatsApp, asks Meta to pay half the Rs 213 crore fine

New Delhi, Jan 23: In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices. The NCLAT bench, led by Justice Ashok Bhushan, said...
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