Sitharaman said in Toronto as she invited Canadian businesses to invest in India for building long-term operations. NEW DELHI: India has emerged as a platform for global production, innovation, services and exports, FM Nirmala Sitharaman said in Toronto as she invited Canadian businesses to invest in India for building long-term operations and partnerships that will…
The methodology used to calculate internal benchmarks will also have to be made publicly available MUMBAI: Lenders may no longer be able to tinker with loan spreads over the benchmark rate to offer new borrowers better deals than existing customers. Draft RBI rules seeking to standardise interest-rate setting across banks, NBFCs and cooperatives require lenders…
Indian equities are likely to begin Friday’s session on a cautious note, with benchmark indices expected to open slightly higher after breaking a prolonged losing streak in the previous session. GIFT Nifty futures were at 24,311.50 at 7:52 am, pointing to a mildly positive opening for the Nifty 50, which closed at 24,231.85 on Thursday….
MUMBAI: A proxy advisory firm is pressing India’s central bank to require Tata Sons to go public, arguing that its size and systemic importance demand disclosure standards closer to those applied to major financial institutions rather than those typical of private holding companies.InGovern, in a report titled “Tata Sons: The Listing Imperative,” said that where…
GST Council meeting on September 12 The GST Council is set to meet in New Delhi on September 12, with simplification of GST registration for businesses passing on tax credit of more than Rs 2.5 lakh a month among other issues in focus.The 57th meeting of the council, chaired by Union finance minister Nirmala Sitharaman…
Long before “bio-based materials” entered the lexicon of the car industry, Henry Ford was trying to answer a different question. Could farms supply more than food? Could fields also provide the raw materials for manufacturing? That idea reached its most unusual expression in the summer of 1941, when Ford unveiled an experimental vehicle with a…
Russian President Vladimir Putin. (AP photo) Russia’s energy revenues are surging as the Iran war rattles global oil markets, with Vladimir Putin estimated to be earning at least $760 million a day from oil and gas exports.According to the Kyiv School of Economics (KSE) Institute, monthly revenues could nearly double from about $12 billion to…
The government has approved an Emergency Credit Line Guarantee Scheme (ECLGS 5.0) with an outlay of Rs 18,100 crore to support MSMEs and airlines hit by the West Asia conflict, PTI reported.The scheme is expected to enable additional credit flow of Rs 2.55 lakh crore, including Rs 5,000 crore earmarked for the aviation sector.“The scheme…
Heath Ledger was born on April 4, 1979, in Perth, Australia, and passed away on January 22, 2008, at just 28 years old. In a career spanning films, he went from a teen heartthrob to one of the most celebrated actors of his generation. His range, intensity, and dedication to every role he played made…
In a delightful twist of fate, Grammy-winning sensation Sam Smith, 33, is set to tie the knot with renowned fashion designer Christian Cowan, 32, after a love-filled three years. Their romance ignited in late 2022, but it was their stunning appearance at the 2026 Met Gala that truly turned heads, especially with Cowan flaunting a…