As SBI’s business scale crosses ₹100 lakh crore, Chairman CS Setty said the bank takes pride not only in numbers but in its ability to “operate at scale.” “We have compliance and risk professionals up to the regional office level.…
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Reliance Industries is reducing its imports of Russian crude oil to comply with Western sanctions and maintain access to US and European markets. The company plans to cease purchases from sanctioned Russian entities after a US wind-down period, shifting its…
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Tuhin Kanta Pandey, Chairperson of Securities and Exchange Board of India (SEBI), on Tuesday confirmed a probe into the Multi-Commodity Exchange (MCX) breakdown, calling for a deeper analysis.
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The Bombay High Court has cancelled a tax notice because the Income Tax Department used Artificial Intelligence to draft the notice citing three non-existing judgements. The court found the department relied on non-existent judicial rulings. This process was deemed unfair…
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GST rate cuts have led to retail price reductions and increased household spending, which have offset the tariff-related impact on India’s exports, a report said on Tuesday.
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Company registrations surged 26% in October, with LLPs up 38%, driven by optimism over GST cuts and strong economic outlook. This growth, despite external headwinds, marks a favorable base effect and a sustained trend of increased incorporations, signaling investor confidence…
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