America’s 250th birthday: Is US getting a $1 Trump coin? Here’s what Treasury said
The US Treasury is reportedly considering a $1 coin featuring Donald Trump for the nation’s 250th anniversary. Treasurer Brandon Beach shared a draft on X, ...
GST cuts: Navratri sales hit 10-year high; retailers report 25-100% sales growth
GST reduction on 375 items boosted consumer spending. Navratri sales reached a decade high. Government officials cited industry data. Families upgraded vehicles and bought white ...
Related party lending rules eased for banks
Lending a Helping Hand: RBI Eases Related Party Lending Rules For years, a shadow has loomed over the banking world: related party transactions. The concern? ...
Auto companies face logistical woes amid festive rush
Navigating the Festive Frenzy: Auto Industry Tackles Supply Chain Challenges Diwali’s lights are twinkling, weddings are on the horizon, and the air is thick with ...
‘Give temporary support to tariff-affected sectors’
ADB chief economist Albert Park affirms India’s robust 6.5% growth forecast, second highest in Asia, despite modest impacts from Trump tariffs on goods exports. He ...
Billionaire family offices face Sebi scrutiny: Report
Markets regulator Sebi began discussions on overseeing family offices, seeking disclosures on their assets and investments due to their growing market influence. Despite earlier talks ...
Enhance tax certainty for foreign companies: Niti Aayog
Niti Aayog has proposed a comprehensive framework to enhance tax certainty and predictability for foreign investors in India. Key recommendations include an optional, industry-specific presumptive ...
External shocks’ impact on growth limited: FM Sitharaman
Finance Minister Nirmala Sitharaman declared India’s economy resilient, driven by robust domestic consumption and investment, mitigating external shocks. RBI Governor Sanjay Malhotra underscored India’s stability ...
FIDC to oversee NBFCs as ‘self-regulatory body’
The Reserve Bank of India has officially designated the Finance Industry Development Council (FIDC) as the self-regulatory organisation (SRO) for Non-Banking Financial Companies (NBFCs). This ...
RBI proposes to open foreign borrowing floodgates for companies
RBI has proposed extensive new External Commercial Borrowing (ECB) rules for 2025, replacing uniform caps with limits based on borrower financial strength. The draft widens ...
