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Fixed deposit (FD) investors enjoyed high interest rates recently, but a decline might be imminent as the Reserve Bank of …
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Sent above a certain amount in outward foreign remittances? Here’s why you may be under I-T department scanner
The Central Board of Direct Taxes is reviewing foreign remittances over Rs 6 lakh for potential tax evasion, directing field …
Read More »Tighter norms for deposit-taking HFCs
Sundram Fasteners’s chairman’s daughter to trim holding co stake
Higher returns & secrecy draw rich to offshore funds
Hindenburg Research’s August 10 report revealed that Sebi chairman Madhabi Puri Buch and her husband had investments in offshore funds …
Read More »In role reversal, Bharti acquire 24.5% of iconic BT in $4 billion deal
Bharti Global announced the acquisition of a 24.5% stake in BT Group plc from Altice UK, making it the largest …
Read More »Sensex shrugs off Hindenburg charge, Adani stocks dip
On Monday, the Sensex dipped marginally by 57 points, closing at 79,649. This drop came as investors largely dismissed Hindenburg …
Read More »Retail inflation falls to near 5-year low of 3.5% in July
In July, retail inflation in India fell to a near 5-year low of 3.5%, led by a drop in prices …
Read More »SpiceJet Mumbai airport dues: Flights won’t be hit, says airline
July CPI inflation sees sharp decline to 3.54%; lowest in nearly 5 years
July 2024 CPI inflation: According to MoSPI data, the provisional inflation rate stands at 3.54% for the entire country, with …
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