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The Securities and Exchange Board of India (SEBI) is endeavor a complete evaluation of mutual fund laws to make them more investor-centric and industry-friendly, a senior official stated on Saturday (June 21, 2025). “We are reviewing the entire mutual fund regulatory framework to enhance ease of doing business for all stakeholders, including the regulator,” SEBI […]
Ahead of the July 6–7 BRICS summit in Rio de Janeiro, senior diplomats from main member nations mentioned the grouping is more likely to intensify efforts towards settling trade in nationwide currencies, whilst they dominated out any imminent transfer towards a unified BRICS foreign money.At a convention co-hosted by the Embassy of Brazil and Centre
This is an AI-generated picture, used for representational functions solely. Amid the escalating Iran-Israel conflict, Indian exporters have steered shifting cargo operations from Iran’s Bandar Abbas port to the India-managed Chabahar port, citing fears of a wider regional disruption that might severely impression trade with Afghanistan, Central Asia, and Russia.According to the information company PTI,
Advance tax collection throughout April 1-June 19, 2025 grew a meagre 3.87% to ₹1.56 lakh crore. File | Photo Credit: Special association Net direct tax collection to this point this fiscal stood at ₹4.59 lakh crore, 1.39% decrease in contrast to the mop-up through the corresponding interval of final fiscal, as advance tax collections slowed,
Former HDFC chairman Deepak Parekh and ICICI Bank chief Chanda Kochhar MUMBAI: Former HDFC chairman Deepak Parekh, in a candid disclosure, mentioned that then ICICI Bank chief Chanda Kochhar had proposed a merger between the 2 lenders – properly earlier than HDFC’s eventual reverse merger with its banking subsidiary. During an interplay with Kochhar on
The transfer aligns with Cognizant’s technique to optimise actual property prices. File | Photo Credit: Reuters Software companies agency Cognizant Technology Solutions will invest ₹15.82 billion ($182.76 million) to construct a new campus within the southern Indian metropolis of Vishakapatanam that can create about 8,000 jobs, the State Government introduced on Friday (June 20, 2025).
A US Federal Reserve official mentioned Friday that the central financial institution might begin slicing rates of interest as quickly as subsequent month, signaling flexibility amid world financial uncertainty and rising geopolitical dangers.“We can start the process of bringing rates down, and then if there’s some big shock due to maybe the Middle East conflict,
HDB Financial Services. File | Photo Credit: Reuters HDB Financial Services on Friday (June 20, 2025) launched a ₹12,500-crore preliminary public providing (IPO), even as some regulatory issues surrounding the enterprise persist. The firm has set a worth band of ₹700-740 for the fund increase, which is reportedly at a 66 per cent low cost
