Advertisements Investments worth Rs 91,000 crore will be made for developing existing and new airports in different parts of the country, as several measures are being taken to boost the civil aviation sector, the government said on Monday. The government… Read More ›
Government/Sovereign
No proposal to recognise Bitcoin as a currency in India: FM tells Lok Sabha
Advertisements The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman said in a reply to the Lok Sabha on Monday. She also informed the House that the government does not collect data on Bitcoin transactions…. Read More ›
Centre Mulls over Regulating Crypto Currency in India
Advertisements The central government earlier this week officially expressed its intention to introduce a bill aimed at prohibiting private cryptocurrencies in India. This came amid increasing concern over the likely threat that cryptocurrency can pose to the macroeconomic and financial… Read More ›
Indian GDP likely boosted in July-September as lockdowns lifted: Reuters poll
Advertisements India’s economic recovery likely strengthened in the previous quarter, boosted by services activity that recovered after pandemic-related mobility restrictions were eased, a Reuters poll of economists found. The Nov. 22-25 poll of 44 economists put the median year-on-year growth… Read More ›
FPIs holdings in domestic equities reach USD 667 Bn in FY22Q2, up 13%: Report
Advertisements The value of the foreign portfolio investors’ (FPI) holdings in the domestic equities reached USD 667 billion in three months ended September 2021, a surge of 13 per cent from the preceding quarter, according to a Morningstar report. This… Read More ›
Centre mulls tweaking law in Budget to tax cryptocurrency gains
Advertisements The government is considering changes in the Income Tax Act to bring gains made from transactions in cryptocurrencies under the tax net in the Budget next year. It is also looking at imposing goods and services tax (GST) on… Read More ›
Future is electric; initiatives encouraging India Inc to adopt clean solutions: Niti Aayog
Advertisements Government think tank Niti Aayog on Thursday said that the future is electric and the Aayog’s initiatives including zero pollution delivery campaign are encouraging industry to adopt clean mobility solutions. The think tank in a tweet also congratulated Zypp… Read More ›
India Investing In Developing Capabilities In 5G & 6G Tech: PM Modi
Advertisements India is investing in developing indigenous capabilities in 5G and 6G telecom technologies besides focusing on manufacturing semi-conductors, Prime Minister Narendra Modi said on Thursday. In a virtual address at the Sydney Dialogue, the prime minister said the “greatest… Read More ›
India’s Mahanagar Telephone Nigam surges after report on govt’s revival plan
Advertisements Shares of India’s state-owned loss-making telecom firm Mahanagar Telephone Nigam Ltd (MTNL.NS) soared as much as 15% on Thursday, after a media report that the government has a revival plan in place. India has drawn up a package worth nearly 1.3… Read More ›
SIDBI launches second window of SwavalambanChallenge Fund with Green Bharat as prioritised theme
Advertisements Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs) has launched the second window of Swavalamban Challenge Fund (SCF), which aims to provide financial… Read More ›