The Reserve Bank of India is framing rules for foreign exchange guarantees. These rules impact Indian citizens involved in such guarantees. Individuals need RBI’s approval to act as surety. Reporting of guarantees and any changes is mandatory within seven days.…
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India is poised to establish global benchmarks in data quality, according to Chief Economic Advisor V Anantha Nageswaran. This ambition arises amidst concerns about data accuracy in developed nations. The Ministry of Statistics and Programme Implementation (MoSPI) aims to enhance…
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At the Tata Sons AGM, the Shapoorji Pallonji Group approved all resolutions, signaling improved relations. Discussions are underway regarding SP Group’s potential exit and monetization options, with Tata Sons exploring avenues. Revenue has nearly doubled and net profit has more…
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The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the Income Tax Bill, 2025, applicable for FY 2026-27, Union Finance Minister Nirmala Sitharaman has said.
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India’s commercial office market thrives on large transactions, with deals exceeding 100,000 sq. ft. driving Grade A space uptake. The technology sector dominates leasing, fueled by GCC expansion and AI adoption. South India remains the epicenter, with Bengaluru, Hyderabad, and…
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The fall in India’s wholesale inflation will boost domestic demand despite global economic uncertainties, industry body PHDCCI said on Thursday.
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