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NEW DELHI: Govt on Monday approved 17 projects under Electronics Component Manufacturing Scheme (ECMS), entailing an investment of Rs 7,172 crore. Govt wants greater involvement of domestic companies in electronics supply chain, especially in view of changing geopolitical situation, electronics and IT minister Ashwini Vaishnaw said on Monday. These projects are expected to create 11,800…
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The U.S. Senate Banking Committee is inching closer to agreement on a bipartisan crypto market structure bill, with a vote next week, its chairman said, as industry insiders prepare for a blitz of the Senate offices on Thursday. Republicans on the committee are exhibiting wide confidence that their finish line is near on the lengthy…
India is at the cusp of a historic economic journey, with government policies and reforms giving the country “wind in its sails” even as global trade uncertainties intensify, Principal Secretary to the Prime Minister Shaktikanta Das said on Friday.Delivering the inaugural Bibek Debroy Memorial Lecture, Das said India has emerged stronger from successive global shocks…
MUMBAI: Reserve Bank of India (RBI) has sharply tightened the definition of mis-selling, removing one of the biggest defences used by banks and insurance companies that the customer had explicitly consented by signing documents. Under the new framework, regulated entities will also have to make full refunds in cases of proven mis-selling.In the Draft Reserve…
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Thaawar Chand Gehlot (File photo) NEW DELHI: Karnataka governor Thaawarchand Gehlot has become the latest to decline the customary address to the legislature on Thursday, amid a series of recent controversies surrounding governors’ addresses to legislative assemblies.Following the development, the Karnataka government said a high-level delegation led by the law minister would meet the governor…
Tax season is approaching, and with only a sliver of 2025 left, investors must now revisit tax and accounting strategies that support their overall financial health. In December, a slight adjustment can mean significant benefits. With crypto investing continuing to gain traction among retail investors over the past few years, crypto tax reporting and accompanying…
