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CIRCULAR FINANCING CONCERNS
Shobha Karandlaje seeks CBI probe into Bengaluru's Rs 39,437 crore waste management tenderUnion Minister Shobha Karandlaje has demanded the Karnataka government halt a massive waste management tender. She alleges serious irregula...- SC seeks Centre, NCERT's response on plea against CBSE's 3-language rule for Class 9 studentsThe Supreme Court will review a plea challenging the CBSE's new policy for Class 9 students. This policy mandates studying three languages,...
- CBSE again extends deadline for scanned answer book requests till May 25The Central Board of Secondary Education has extended the deadline for students to request scanned copies of their Class 12 answer books. T...
- Businesses can digitally record 'goods delivered' on e-way bill portal: GSTNGST registered businesses can now digitally close e-way bills upon delivery completion. This new voluntary feature on the GST portal streng...
- Rs 1 lakh turned to Rs 21 crore! Do you own these 11 penny stocks that delivered over 10,000% returns?Eleven penny stocks have delivered over 10,000% returns since May 2021, transforming Rs 1 lakh into over Rs 21 crore for some investors. Th...
- Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh fundingBanks have asked the Reserve Bank of India to relax new lending rules for Infrastructure Investment Trusts. The proposed three-year operati...
- PM Modi strengthens India-Nordic ties with focus on clean energy, trade, digitalization focus at 3rd summitAhead of the 3rd India-Nordic Summit, Narendra Modi held key meetings with leaders from Iceland, Finland, and Denmark to strengthen coopera...
- Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchersNvidia CEO Jensen Huang and his wife are donating $108.3 million in computing time from CoreWeave to universities for AI research. This sig...
- Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
- US Stock Market: Meta raises $25 billion via bond sale to fund AI expansionMeta Platforms has secured $25 billion in investment-grade bonds to fuel its aggressive expansion in artificial intelligence infrastructure...
- Why Nepal is planning to pay government employees twice a month instead of monthly salariesNepal's government is changing how its employees are paid. Salaries will now be given every two weeks instead of monthly. This move aims to...
- ED arrests Amitabh Jhunjhunwala, Amit Bapna in ADAG-linked money laundering probeEnforcement Directorate arrested two former Anil Dhirubhai Ambani Group executives. Amitabh Jhunjhunwala and Amit Bapna face money launderi...
- Tata Chemicals, Tata Investment Corp shares rally up to 12% amid Tata Sons IPO buzzShares of Tata Chemicals and Tata Investment Corporation rose sharply on Monday amid growing buzz around a potential Tata Sons IPO. Support...
- Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and moreNew guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme...
- 'Buy in small instalments, not one shot': Sudip Bandyopadhyay's playbook for a volatile marketMarket expert Sudip Bandyopadhyay urges caution for retail investors. He advises against rushing into the market or investing all cash at o...
- Funds earmarked under CDF non-lapsable; savings exceed Rs 25 crore: J&K CM Omar AbdullahJammu and Kashmir Chief Minister Omar Abdullah confirmed Constituency Development Fund money does not lapse. Savings have surpassed Rs 25 c...
- IDFC First Bank, AU Small Finance Bank de-empanelled for govt business in HaryanaIn several cases, it has been observed that despite clear instructions to place funds in flexible deposits or other fixed deposit instrumen...
- ETtech Explainer: OpenAI deals with AMD, Nvidia spark bubble concernsAs per a Financial Times report, the combined value of these deals now stands at $1 trillion, compared to OpenAI’s valuation of $500 billio...
- Nvidia’s OpenAI deal fuels ‘circular’ financing concernsNvidia plans a massive investment in OpenAI. The deal aims to support data center expansion with Nvidia chips. Analysts are raising concern...
- CBEC invites comments on draft circulars on service taxIn a bid to guide taxpayers and make tax payments easier, the Central Board of Customs and Excise today came out with two consolidated draf...
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