Category: Breaking News
Investment of Rs 1.46 lakh crore realised across 14 PLI sectors till August
The Indian government’s Production Linked Incentive (PLI) schemes across 14 sectors have yielded Rs 1.46 lakh crore in investments, generating over Rs 12.50 lakh crore in sales and 9.5 lakh … Read More
CBDT sends alerts on mismatch in ITRs, AIS
The Income Tax Department is reaching out to taxpayers and non-filers via SMS and email regarding discrepancies found between their reported transactions in the Annual Information Statement (AIS) and their … Read More
Small town India joins crypto rush despite taxes
Cryptocurrency trading is booming in smaller Indian cities, attracting investors under 35. Meme coins like Dogecoin and SHIB are gaining popularity despite high taxes. Global crypto markets surged after pro-crypto … Read More
Lost track of inactive mutual funds? Sebi plans search platform
India’s market regulator, Sebi, is planning a portal, MITRA, to help investors find lost mutual fund investments. Inactive accounts, often due to missing PAN or outdated contact information, will be … Read More
Slowdown in Q2 is a ‘temporary blip’: FM
Finance Minister Nirmala Sitharaman addressed concerns about India’s economic slowdown, calling the second-quarter dip a “temporary blip.” She highlighted the country’s strong average growth rate of 8.3% over the past … Read More
Adani to merge Sanghi, Penna with Ambuja
Ambuja Cements is merging its subsidiaries, Sanghi Industries and Penna Cement, to boost operational efficiency. Sanghi shareholders will receive 12 Ambuja shares for every 100 Sanghi shares. Post-merger, the Adani … Read More