Business News

Business

Fed Rate Decision Looms: Oil Prices Stabilize Amid Investor Caution

Oil prices hold steady as investors await the Federal Reserve's interest rate decision, with focus on potential rate movements in 2025. Political uncertainty and fresh sanctions ad...

Business

Sebi Moves to Launch Platform for Finding Inactive Mutual Funds

Sebi plans to launch a portal helping investors trace forgotten mutual fund investments. The platform, MITRA, aims to reduce unclaimed accounts and enhance transparency.

Business

Genesys Secures Rs 35cr Contract for Land Records Modernization in West Bengal

Genesys International Corporation secures Rs 56 crore contract for land records modernization in West Bengal using advanced geospatial technology, aiming for greater accuracy and e...

Business

Bharti Global Secures UK Approval for Major BT Stake Acquisition

The UK government approves Bharti Global's purchase of a 24.5% stake in BT, following a national security assessment. BT will establish a national security committee to oversee str...

Business

Sebi Tightens Rules on Participatory Notes: Impact on Foreign Funds

India's Sebi tightens rules on participatory notes, barring FPIs from issuing offshore derivative instruments and hedging P-Notes. The move aims to increase transparency and curb a...

Business

Fed Rate Cut Looms: Dollar's Steady Performance Amid Global Central Bank Meetings

The U.S. dollar remains steady against the yen and other major currencies as investors anticipate a potential hawkish rate cut by the Federal Reserve. Focus will be on the new econ...

Business

Crypto Boom Spreads to Small-Town India Despite Tax Hurdles

Small-town India is joining the crypto trading wave, despite high taxes on cryptocurrency transactions. This trend, initially popular in major cities, is now spreading to tier-two ...

Business

CBDT Launches Campaign to Resolve Mismatches in ITRs and AIS

The income tax department is sending SMS and emails to taxpayers and non-filers with mismatches between transactions in AIS and income in ITRs for 2023-24 and 2021-22, as part of a...