Reporting norms relaxed and no more distinction of BPOs

Reporting norms relaxed and no...

The Department of Telecommunications (DoT) on Wednesday further eased norms...

Fintech, ITITeS firms with three-way contracts under GST...

The tax department has held back the export benefits of several firms or companies that have three-way contracts, or tripartite agreements, with...

IIFCL Seeks RBI Approval to invest Rs 4,000 crore in InvITS

India Infrastructure Finance Company Ltd (IIFCL) has sought clearance from the banking sector regulator to invest in infrastructure investment trusts, or...

Finance Minister Held Meetings with Infosys; Concerns Problems Affecting New Income Tax E-Filing Portal

Finance Ministry officials met with Infosys on Tuesday for two separate meetings to examine the difficulties with the newly launched income tax portal. According to a statement, Finance Minister Nirmala Sitharaman "expressed her great concern on the

India to be Launch First Phase of Single Window System for Investors

The soft launch of the first phase of the National Single Window System would take place soon, said Piyush Goyal, Union Minister of Commerce and Industry on Tuesday.

privatisation process of IDBI Bank kicks off

Kickstarting privatisation process in the banking sector, the government Tuesday invited bids to appoint the transactions and legal advisors to assist in strategic sale of its equity, along with transfer of management control, in IDBI Bank....

Modi govt's new e-commerce rules have Amazon, Flipkart and JioMart on its toes

The new Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart's Flipkart as they may have to review their business structures, senior industry sources told Reuters...

Second wave has impacted 58 per cent of firms by state curbs according to FICCI-Dhruva Advisors Survey

State-level lockdowns to limit the spread of infection in the second wave of Covid-19 in India have had a major impact on the operations of most firms, as per a survey by industry body FICCI and Dhruva Advisors.

Indian Rupee slumped 24 paise, to close at 74.10 against the US dollar

The Indian rupee slumped 24 paise to breach the 74 per US dollar level on Monday as participants turned risk-averse. At the interbank forex market, the domestic unit opened weak at 74.20 against the American dollar, pared some initial losses.....

MSCI India index premium races past 55 percent over emerging market peers, 12 percent over world, states Report

Continuing foreign inflows –USD 8.1 billion YTD — has driven up the valuation premium of MSCI India index past 55 percent and 12 percent against MSCI Emerging Markets and MSCI World indices, respectively, by mid-June, according to a brokera......

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