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RBI governor Sanjay Malhotra (File picture) MUMBAI: RBI governor Sanjay Malhotra on Thursday urged the Clearing Corporation of India (CCIL) to develop past dollar-rupee trades by creating settlement infrastructure for different foreign money pairs, as a part of efforts to deepen markets and internationalise the rupee.“Given the broader objective of internationalisation of INR, CCIL could […]
Markets regulator Sebi on Friday introduced a simplified framework for transferring securities from a nominee to the authorized heir, aimed toward decreasing pointless tax and compliance hassles.Under the present system, such transfers had been generally handled as “sales” and assessed for capital positive factors tax, regardless that Section 47(iii) of the Income Tax Act, 1961,
Martin Merz, President of Sovereign Cloud, together with Manish Prasad, President and MD, SAP India Subcontinent and Oliver Beck, Chief Technology Officer, SAP Sovereign Cloud launching the SAP sovereign cloud providing in India. | Photo Credit: Special Arrangement SAP, German enterprise utility software program and enterprise AI supplier, on Friday (September 19, 2025) unveiled
Image for representational functions solely. | Photo Credit: Reuters Benchmark BSE Sensex declined by 387 factors on Friday (September 19, 2025), snapping its three-day gaining streak resulting from profit-taking in blue-chip shares HDFC Bank and ICICI Bank. The 30-share BSE Sensex tanked 387.73 factors or 0.47% to settle at 82,626.23. During the day, it dropped
The ministerial delegation, comprising over 70 representatives, goals to enhance exports in sectors together with textiles. (AI picture) India and the UAE are wanting to attain a determine of $100 billion trade in non-oil and non-precious metal segments – double from the ranges proper now. The plan has been outlined to obtain the goal in
Bamboo specialists agreed that the commissioning of India’s first bamboo-based bioethanol plant in japanese Assam’s Numaligarh by Prime Minister Narendra Modi might enhance the area’s bamboo economy. Representational picture. | Photo Credit: Getty Images/iStockphoto Policymakers, business leaders, entrepreneurs, and innovators converged for a conclave in Guwahati on Thursday (September 18, 2025) to set an agenda
MUMBAI: Adani Group chairman Gautam Adani welcomed Sebi’s choice dismissing the allegations made by the US-based quick vendor Hindenburg Research. He additionally expressed sympathy for investors affected by the Jan 2023 Hindenburg report and referred to as for an apology from these “spreading misleading narratives”. The infra tycoon, by way of a publish on X,
Debabrata Saikia. File | Photo Credit: Special Arrangement GUWAHATI The Assam Congress has urged Prime Minister Narendra Modi to supply a special package deal for the revival of Assam’s tea industry, caught in a disaster on account of local weather change-induced manufacturing losses and the drastic fall in inexperienced leaf costs. In a letter to
