Economy and Finance
News and views related to the Indian Economy and Financial sector
20% TCS on international credit cards: What it is, why it was needed, and how it will impact foreign visits – everything you needed...
Raju Das -
The abolition of rule 7 of the FEMA (CAT) Rules, 2000 means that credit card payments made while travelling abroad will attract 20% TCS
Adani-Hindenburg row: Supreme Court expert panel report finds no regulatory failure
The committee also acknowledged Adani Group's efforts to comfort their investors. The committee also noted that there were short-selling profits made by entities after the Hindenburg report was published and that it should be probed.
No ‘flip flop’ or ‘mismanagement’ around Rs 2000 note withdrawal, the signs were clear from day one. Read details
Raju Das -
The withdrawal of Rs 2000 note by RBI is not sudden neither it is a flip-flop, it was a widely anticipated decision.
RBI withdraws Rs 2000 currency notes from circulation, to remain legal tender. Here is how and when the notes can be exchanged
The Reserve Bank of India has advised banks to stop issuing 2000 denomination banknotes with immediate effect.
Is Elon Musk’s Tesla finally coming to India, this time, on India’s terms? Talks restarted with a new factory proposal: What we know so...
Tesla is reportedly back in talks with the central government about manufacturing in India.
Amazon Web Services to invest over 1 lakh crore in cloud infrastructure in India by 2030
ANI -
Amazon Web Services (AWS) on Thursday announced it plans to invest USD 12.7 billion (Rs 1,05,600 crore) in cloud infrastructure in India by 2030
Retail inflation in India comes down by 1% in a month to reach 4.7% in April
ANI -
Retail inflation in India eased further in April to 4.7 per cent as against 5.7 per cent the previous month.
Adani Group to develop India’s first integrated data centre and technology business park in Visakhapatnam
ANI -
AdaniConneX, a 50:50 joint venture between Adani Group and EdgeConneX, will build a data centre, technology and business park, and skill development centre in Andhra Pradesh
Pakistan economic crisis: Inflation hits record-high 36.42% in April, highest in South Asia
Pakistan's economic crisis continues to deepen as its YoY inflation hit its highest-ever level of 36.42 per cent in April.
Go First files for voluntary insolvency: Here is how a faulty engine by US-based Pratt & Whitney is causing the collapse of an Indian...
Raju Das -
Go First filed for voluntary insolvency before the National Company Law Tribunal blaming "faulty" Pratt & Whitney engines
