Business News

Business

Sebi Doubles AUM Threshold for FPI Disclosures: A Game-Changer for Smaller Investors

Sebi has doubled the AUM threshold for FPIs requiring additional disclosures to Rs 50,000 crore, reflecting market growth and enhancing transparency. The move is part of broader re...

Business

RBI Elevates Priority Sector Lending: Home Loans Now Up to Rs50L to Stimulate Economic Growth

The Reserve Bank of India (RBI) has updated its priority sector lending norms to stimulate economic growth, increasing home loan limits and supporting farmers and renewable energy ...

Business

Sebi Establishes High-Level Committee to Tackle Conflict of Interest Among Board Members

Sebi forms an independent high-level committee to review and enhance governance, conflict of interest, and disclosure norms for its board members, aiming to ensure transparency and...

Business

Indian Rupee Surges to 85.64 Against Dollar, Erasing All 2025 Losses in a Stunning Rally

The Indian rupee soared to 85.64 against the dollar, erasing its 2025 losses, driven by corporate dollar repatriation and foreign investments. This rally, marking a nine-session st...

Business

India Moves to Scrap 6% Digital Tax on Online Ads, A Potential Win for US Tech Giants

The Indian government proposes to abolish the 6% digital tax on online advertisements, benefiting US tech giants like Google and Meta, as part of efforts to simplify tax laws and s...

Business

India's Financial Resilience Strengthens: IMF Report Highlights Regulatory and Digital Advances

The IMF and World Bank report reveals India's financial system's enhanced resilience since 2017, with improved NBFC capitalization and RBI's regulatory strides. Digital infrastruct...

Business

Aakash Educational Services Demands Investigation into Byju's Insolvency Proceedings Amid Alleged Discrepancies

Aakash Educational Services, backed by billionaire Ranjan Pai, has requested the National Company Law Tribunal to investigate alleged discrepancies in Byju's insolvency proceedings...

Business

Al Jazeera Vows Legal Action After Israeli Airstrike Kills Journalist Hossam Shabat in Gaza

Al Jazeera Media Network condemns the killing of its journalist Hossam Shabat in an Israeli airstrike in Gaza, vowing legal action and reaffirming its commitment to reporting despi...