Finance - general
Intel to sell 51% stake in Altera to buyout firm Silver Lake for $4.46 billion
15 Apr 2025
Chipmaker Intel is selling a 51 per cent stake in its Altera programmable chip unit to buyout firm Silver Lake, for $4.46 billion, in a deal that values the struggling business at $8.75 billion
Cabinet approves incentive scheme for low-value BHIM-UPI transactions
20 Mar 2025
The union cabinet on Wednesday approved an incentive scheme for promotion of low-value BHIM-UPI transactions for the financial year 2024-25.
Cabinet approves incentive scheme for low-value BHIM-UPI transactions
20 Mar 2025
The union cabinet on Wednesday approved an incentive scheme for promotion of low-value BHIM-UPI transactions for the financial year 2024-25.
Blackstone to acquire up to 40% stake in Kolte Patil Developers
17 Mar 2025
US investment firm Blackstone is acquiring a 14.3 per cent stake in Kolte Patil Developers by way of a preferential allotment of shares
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Volkswagen tells court a $1.4 bn tax liability threatening its India operations
20 Feb 2025
Skoda Auto Volkswagen India Private Limited (SAVWIPL), the Indian arm of Germany’s Volkswagen Group, told the Bombay High Court on Monday
Hindenburg founder to close short-seller behind Adani, Nikola selloffs
16 Jan 2025
One man who is bound to be very happy with the news of Hindenburg Research closing down will be Gautam Adani
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SEBI warns Ola Electric over disclosure violations
By Cygnus | 08 Jan 2025
India’s market regulator, the Securities and Exchange Board of India (SEBI), has issued a stern warning to Ola Electric for failing to follow disclosure norms.
GST revenues up 7.3% year-on-year at Rs1.77 lakh crore in December
02 Jan 2025
Revenue collected by way of Goods and Services Tax (GST) in India increased 7.3 per cent year-on-year to Rs1.77 lakh crore in December 2024
GST Council recommends hike in GST on sale old vehicles to 18%
22 Dec 2024
The 55th meeting of the GST Council, at its meeting in Jaisalmer, Rajasthan on Saturday, recommended an increase in the GST rate on sale of old and used vehicles
Skoda-Volkswagen India faces Rs12,000-cr tax evasion charge
18 Dec 2024
Customs authorities in Maharashtra have slapped Skoda-Volkswagen India with a Rs12,000 crore charge for import duty evasion through falsification of import documents.
Hinduja Group to acquire Reliance Capital by end-January
15 Dec 2024
Hinduja Group company IndusInd International Holdings Ltd (IIHL) said it would complete the Rs9,861-crore acquisition of debt-laden Reliance Capital (RCap) by January 2025
Senior bankers in PSBs are in firing line: AIBEA
By Venkatachari Jagannathan | 11 Nov 2024
In the guise of retiring inefficient senior employees in the public sector banks, the Indian government is interfering in the day to day affairs of the banks and threatening the job security of employees
GST collection up 9% at Rs1.87 lakh crore in October
02 Nov 2024
Gross collection of revenue by way of Goods and Services Tax (GST) in India increased by nearly 9 per cent year-on-year and stood at a 6-month high of Rs1.87 lakh crore in October.
Jio Financial Services get RBI nod for online payment business
30 Oct 2024
Jio Payment Solutions Limited (JPSL), the wholly-owned subsidiary of Jio Financial Services Ltd (JFSL), has received approval from the Reserve Bank of India
Govt doubles Mudra loan limit to Rs20 lakh
27 Oct 2024
The finance ministry on Friday announced a doubling of the ceiling of Mudra loan under the Pradhan Mantri Mudra Yojana (PMMY) from the current Rs10 lakh to Rs20 lakh.
Temasek arm Fullerton to take controlling stake in Lendingkart: report
19 Oct 2024
Fullerton Financial Holdings (FFH), the lending arm of Singapore-based investment fund Temasek, will be raising its holding in fintech start-up Lendingkart
Overseas claims on India up $6.7 bn at $368.3 bn in Q1 FY25
05 Oct 2024
Net claims of non-residents on India, in terms of the country’s International Investment Position (IIP), increased by $6.7 billion to $368.3 billion
Karnataka may exempt electric and hybrid vehicles from paying road tax
26 Sep 2024
The Karnataka government is reported to be planning to give exemption form road tax to electric and hybrid vehicles with a price tag of less than Rs25 lakh, as part of its efforts to develop a clean mobility
GST Council recommends panel of ministers to decide on rate rationalisation
10 Sep 2024
The GST Council, which met on Tuesday to review and rationalise the rate structure, has recommended the creation of a Group of Ministers (GoM) to look into the issues related to the GST on life and health insurance
India plans Rs5,00,000-cr sovereign wealth fund
09 Sep 2024
Government of India is planning to create a sovereign wealth fund with a likely corpus of Rs5,00,000 crore by pooling shares of public sector undertakings (PSUs)
India plans Rs5,00,000-cr sovereign wealth fund
09 Sep 2024
Government of India is planning to create a sovereign wealth fund with a likely corpus of Rs5,00,000 crore by pooling shares of public sector undertakings (PSUs)
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CBDT explains Budget proposal on capital gains tax
25 Jul 2024
The Budget, through the Finance Bill, has proposed a rationalisation and simplification of the taxation of capital gains.
India gives a big boost to MRO industry with uniform 5% IGST on aircraft components
17 Jul 2024
India has started levying a uniform 5 per cent Integrated Goods and Services Tax (IGST) on aircraft parts, beginning 15 July
India-US agreement on 2% e-commerce levy expires
02 Jul 2024
A transitional framework agreement on levying a two per cent tax on cross-country digital transactions adopted by India and the United States on 24 November 2021, expires on 30 June 2024
IREDA sets up subsidiary in GIFT City
10 May 2024
Indian Renewable Energy Development Agency Ltd (IREDA), the country’s largest lender for renewable energy projects, has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC), in GIFT City, Gujarat.
Latest articles
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Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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