India may send tax notices to more IT majors after $4-bln demand to Infosys, source says
INFOSYS-TAX/India may send tax notices to more IT majors after $4-bln demand to Infosys, source says
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India to become USD 55 trillion economy by 2047 if it grows at 8 pc annually: IMF Executive Director KV Subramanian
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth…
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India’s July manufacturing PMI eases to 58.1, Selling Prices surge to 11-year high
Input costs climbed at one of the quickest rates in nearly two years, resulting in the steepest increase in selling prices since October 2013 and the fastest output price inflation in almost 11 years.
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RBI proposes new ways to authenticate e-payments
The regulator, in draft guidelines, said that all digital payment transactions, other than card present transactions, will have to ensure that one of the factors of authentication is dynamically created, after the initiation of payment, and is specific to the…
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Government extends deadline for meeting MPS norms till Aug 2026
The government has extended the deadline for central public sector enterprises and public sector financial institutions to meet minimum public shareholding norms until August 2026. It provides exemption to increase public shareholding to at least 25 per cent, with CPSEs…
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India’s April-June fiscal deficit at Rs 1.36 lakh crore, sharply narrows on-year to 8.1% of FY25 aim
India’s fiscal deficit for April to June, or the first three months of this fiscal year, was at 1.36 lakh crore rupees, equivalent to 8.1% of annual estimates, sharply narrowing from the previous year’s 25.3%. The government aims to narrow…
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