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Top table rejig: Rabi Sankar appointed to 16th Finance commission as part-time member; after Ajay Jha’s mid-term exit
Procurement boost: Centre doubles cap for direct scientific purchases; researchers get more autonomy
Policy minds reshaped: Mahendra Dev takes over as EAC-PM chief; SBI’s Soumya Kanti Ghosh joins as part-time member
GSTR-3B filing to tighten: GSTN to lock monthly tax form from July 2025, changes allowed only via GSTR-1A
Farm reset: Government says agriculture sector reshaped in 11 years, budget surged five-fold since 2013 & crop output jumped
FPIs pull Rs 8,749 crore from stock market in June’s first week; sharp reversal after RBI rate cut; NSDL data shows
GST compliance: Returns to be time-barred after 3 years starting July 2025; experts warn of risks in absence of redressal
Dark patterns alert: CCPA tells e-commerce platforms to self-audit for deceptive design practices; violators already under scanner
It’s a first! Infosys launches cash reward policy for employees who help with hiring; staff to earn Rs 700 per interview
‘Among 2025’s biggest losses’: Tesla stock crash wipes out $380billion! Trump-Musk feud deals most crushing blow
Saturday, June 07, 2025
Flipkart has secured a crucial NBFC licence from the Reserve Bank of India, potentially enabling the e-commerce giant to offer direct financing options like EMIs to its customers. While operational details remain undisclosed, sources suggest the approval came in March.