Saturday, July 27, 2024

Economy and Finance

Assurances for states, new schemes for Youth, and more: 9 major priorities of government highlighted in Finance Minister’s Budgetary speech

In a major relief for the Indian start-up ecosystem, during the budget speech, the Finance Minister announced that “angel tax” for all classes of investors has been abolished.

Economic survey 2024 – Steady growth, reduced inflation, infrastructure investment, and more: Here is what you need to know

The 476-page Economic Survey emphasises that India's economy has consolidated its post-Covid recovery and that the policymakers have played an important role in guaranteeing economic and financial stability.

Telecom industry seeks reduction in license fees, duties on equipment, exemption from GST for payments made to DoT and others in union budget

Ahead of the first Modi 3.0 budget, the Cellular Operators Association of India (COAI) listed several recommendations addressed to the Union Ministry of Finance.

India witnessed a 2.5-fold increase in job creation in FY24, the highest since 1981-82: RBI data

A total of 46.7 million jobs were added, the highest since 1981-82, with a growth rate of 6 per cent surpassing the previous three decades.

Collusion, planning to attack Adani for profits? Hindenburg shared report on Adani with China-linked hedge fund 2 months before publication: SEBI notice reveals

As per reports, Hindenburg had shared its report on Adani with their client two months prior to publication, enabling them to obtain 'unfair' profits from the stock price movements in a brokered deal using the report.

Owner of Kingdon Capital allegedly used Kotak to short sell Adani, his wife was probed in US for harbouring Chinese spies: Hindenburg fiasco was...

After SEBI revealed that Kotak Mahindra and Kingdon Capital partnered to orchestrate a strategic move to benefit from short-selling Adani stocks, a China link has emerged.

Indian stock market makes history: BSE Sensex breaches 80000 mark for the first time, Nifty hits lifetime high

Benchmark indices, Nifty and Sensex scaled fresh record highs on Wednesday, with Sensex surpassing 80,000 for the first time on the strength of banking and FMCG stocks.

Bull Run: BSE Sensex hits historic high crossing 79,000, NSE Nifty breaks the 24,000 barrier

Today marked a historic day for India's stock markets as the BSE Sensex surged past the 79,000 mark and the NSE Nifty breached 24,000 for the first time

DoT concludes Spectrum Auction for 2023-24, earns ₹11,340 crores from sale of 141.4 MHz spectrum in multiple frequency bands

The Department of Telecommunications (DoT), has successfully concluded the Spectrum Auction 2023-24

Kerala finance minister says the state is facing a very serious liquidity crunch, demands ₹24,000 crore special package from centre along with ₹10,000 crore...

Kerala Finance Minister K N Balagopal demanded a special package of ₹24,000 crore during pre-budget meeting with union finance minister

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