[ad_1] NEW DELHI: Bajaj Auto is gearing up to enter the domestic e-rickshaw segment by the end of this fiscal to tap a ‘sizable opportunity’ in a fast-growing but highly unorganised market, according to a top company official. The company expects to get regulatory clearances towards the end of the ongoing quarter for its e-rickshaw…
[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman said Saturday that coordinated fiscal and monetary actions by govt and RBI will help boost consumption and there are initial signs of a good order book for the first quarter of the next fiscal year, which will help boost private investment.“After the budget, the few inputs I have…
[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman is likely to introduce the new income tax bill in Parliament on Tuesday, with the legislation likely to be referred to a standing committee for examination.“I hope to have it introduced in Lok Sabha in the coming week. The process is the committee gives its recommendation, it comes…
[ad_1] NEW DELHI: The statistics ministry must now shift focus to districts and unveil district-level socio-economic data, which can drive comprehensive improvements in outcomes, Amitabh Kant, India’s G20 Sherpa, said on Friday.“Whether it is district-level GDP, or district-level socio-economic data, the time has come to generate district-wise data for better targeting and design of policies,”…
[ad_1] MUMBAI: RBI has said that it will introduce new guidelines to address mis-selling and forced selling of insurance. Additionally, it has granted regulatory relief to banks by postponing proposed regulations on liquidity requirements, provisions for potential defaults, and rules concerning subsidiaries. Instead, RBI will adopt a consultative approach before implementing these regulations.In his first…
[ad_1] MUMBAI: RBI governor Sanjay Malhotraassured markets that the central bank would provide all the liquidity required to ensure that interest rates are passed on. In his first media interaction, he provided a peek into his thought process. Excerpts:What gives you optimism about growth?We analyse all parameters regularly, including high-frequency indicators.Whether one looks at agriculture…
[ad_1] BENGALURU: Pankaj Shrivastava, the interim resolution professional at Byju’s, has convened a committee of creditors (CoC) meeting on Saturday, to vote on who would be the permanent resolution professional, as per sources.In accordance with a National Company Law Tribunal (NCLT) ruling, Glas Trust Company, the administrative agent appointed by a group of lenders of…
[ad_1] New Income Tax Bill: Prime Minister Narendra Modi-led Union Cabinet has cleared the New Income Tax Bill today, according to a PTI report. The Income Tax Bill being cleared by the Cabinet paves way for it to be tabled in the Parliament next week as part of the Budget session.The proposed New Income Tax…
[ad_1] All the taxpayers in the new tax regime have some reason to celebrate, irrespective of income levels. By Parizad SirwallaBudget 2025 income tax: In the run up to the Budget 2025, individual taxpayers were eagerly looking forward to favorable tax reforms. The FM seems to have brought some cheer to them through her proposals.Recognizing…
[ad_1] RBI MPC meet: The Reserve Bank of India announced on Friday that Indian banks will receive an exclusive internet domain ‘bank.in‘, whilst non-bank financial entities will get ‘fin.in‘ to address cyber security concerns. During the final bi-monthly monetary policy announcement of this fiscal year, RBI Governor Sanjay Malhotra indicated that ‘bank.in’ registrations would begin…
