Digital gold fintechs see rise in withdrawals after Sebi warning
The regulator’s advisory has intensified scrutiny of the digital gold segment and raised questions over the operational and regulatory risks these platforms face.
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GST cut spurs double-digit growth in new life insurance premiums in October
The surge in individual non-single policies stood out, rising 62.8% in October after a steep decline in the same month last year, driven by a low base and a pick-up in recurring-premium demand, aided by the GST rate cut and…
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Net direct tax collections rise 7% to ₹12.9 lakh crore on strong corporate tax receipts
India’s net direct tax collections surged 7% to ₹12.92 lakh crore by November 10, driven by robust corporate tax inflows and a significant 18% reduction in refund payouts. Gross collections reached ₹15.35 lakh crore, with personal income tax also showing…
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Indian stock market continues upward trend as IT, auto stocks lead
The domestic equity indices closed at a higher note for the second consecutive day on Tuesday amid buying in IT, auto, metal and FMCG sectors. The rally was further sustained by positive global cues as the US Senate passed a…
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JSW Energy commissions its first green hydrogen plant
JSW Energy has commissioned India’s largest green hydrogen plant in Karnataka, supporting JSW Steel’s clean steelmaking. The facility will initially supply 3,800 tonne per annum of green hydrogen and 30,000 tonne per annum of green oxygen under a seven-year agreement.…
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Emcure Pharma PAT rises 25 pc to Rs 251 cr in Q2
Emcure Pharmaceuticals reported a significant 25% rise in profit after tax to Rs 251 crore for the September quarter, driven by robust sales in both domestic and international markets. Revenue from operations also saw an increase, reaching Rs 2,270 crore.
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