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INDIAN GOVERNMENT RESPONSE
C’mon SEBI, step out & save: The market regulator should fix flawed IPO rules to stem inflated valuations, and capital flightCoca-Cola may list on Indian stock exchanges next year, a significant shift after 50 years. This move could expose inflated valuations due ...
India's strong growth keeps state finances stable despite deficits, rising debt: S&PIndia's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growt...
SatSure bags $2.6 million grant to build AI-powered Earth observation modelsIndian space startup SatSure Analytics received a $2.57 million grant to develop AI models for Earth observation, bolstering the nation's s...
Operation Sindoor made India's zero tolerance policy against terrorism even clearer: GovtIndia's zero tolerance for terrorism is reinforced by Operation Sindoor. This operation destroyed nine terror hideouts. It was launched to ...
12 years, economic growth and a 'new dawn': PM Modi hails NDA's journey, sets agenda for India's next phasePrime Minister Modi highlighted the NDA's 12-year governance record, emphasizing political stability and development achievements. He contr...
Swiggy, Zomato, Uber asked to register gig workers by June 21: ReportApp-based platforms like Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto must register their gig workers on the e-Shram portal by Jun...
India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
Short-end Indian debt gains as RBI dollar measures spur buyingShort-term Indian government bond yields have dropped to their lowest in three months. This move steepens the yield curve significantly. Ex...
India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bidIndia is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...
In active talks with Indian govt, received encouraging feedback: StarlinkStarlink is actively discussing its satellite services with the Indian government. The company has received positive feedback on its potent...
Nehru and Modi: Two leaders, two centuries, one shared ambition to transform IndiaNarendra Modi now leads India as its longest-serving elected head of government. This milestone invites comparisons with Jawaharlal Nehru, ...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
After deeptech firms, expect RDIF rollout for Indian VCs soonLast month, close to 20 Indian investors, which included Ideaspring Capital, Speciale Invest, Chiratae Ventures, Sixth Sense Ventures, and ...
INDIA bloc meeting to convene tomorrow with 23 parties; Congress says 'Janbandhan united' as DMK opts outThe INDIA bloc prepares for a key meeting amid internal disagreements. While some parties are absent, leaders assert unity against governme...
Bharat Petroleum to shut crude unit at Mumbai refinery in NovemberBharat Petroleum Corporation will undertake maintenance at its Mumbai refinery in November. A 120,000 barrel per day crude unit and other s...
India eyes major bond index entry as tax exemptions sweeten appealIndia is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capita...
More economic safeguards on the cards as West Asia conflict persists: ReportIndia is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...
Capital gains relief for FPIs on G-secs a 'very helpful measure', but bond yields may not go down soon: Rama Mohan Rao Amara, SBIState Bank of India Managing Director Rama Mohan Rao Amara welcomes the government's move to exempt foreign investors from capital gains ta...
Easier FPI access to equity, debt marketsIn a strategic bid to entice foreign investors, India is simplifying tax regulations on select securities. This initiative is designed to b...
Karnataka to set up NRI, public grievance departments; eyes overseas investmentsKarnataka is establishing new departments for Non-Resident Indians and public grievances. Chief Minister DK Shivakumar aims to boost NRI in...