Indranil Bhattacharya: New MPC Member Appointed By RBI
Indranil Bhattacharya has been an ex officio member of the Monetary Policy Committee (MPC) by the RBI (Board of Directors) on Friday, 22 August. The decision came in light of…
Jan Vishwas Amendment Bill, 2025, passed: Select Committee referred
The Lok Sabha passed the Jan Vishwas Amendment Bill, 2025, on 18 August after the approval of the Union Cabinet. The Bill has been referred to a Select Committee of…
RBI: From October 4, Continuous Cheque Clearing Will Be Introduced
The Reserve Bank of India, from October 4, will introduce a new mechanism that efficiently clears cheques within a few hours. Thus, reducing the current period to two working days.…
Swiggy sells an 11.8% stake in Rapido for $270M; Rapido looks to score between $500 and $550M in the round.
Bengaluru’s Swiggy has offloaded its 11.8% stake in ride-hailing startup Rapido to investors Prosus and WestBridge Capital for about $270 million (₹2,400 crore). The development comes as Swiggy continues to…
Gold and Silver Hit Record Highs as Fed Cuts, Global Tensions Fuel Bullion Rally
Due to global factors, gold and silver prices in India reached all-time highs on Monday. Over the weekend, the price increase was primarily motivated by the growing possibility of lower…
Amit Shah predicts India will Be Among The Top 10 Countries On The Global Innovation Index in 3 years
In the last decade, India’s Global Innovation Index number rose from 91 to 38, said Union Home Minister Amit Shah, who expressed confidence that India will be in the top…
GST Update: Full list of items set to face the highest tax hike from today
The Goods and Services Tax (GST) Council of India, comprising the Centre and the States, has revamped the existing tax rates on goods and services, coming into effect today, September…
India’s IT Sector Faces Setback as New H-1B Visa Charges Take Effect in US
The US government has increased the fees for H-1B visa applications to $100,000 as compared to the earlier fees, which were around $7,500 - $10,000. The immigrants might end up…
GQG Partners Sells $250 Million Stake in Adani Power Amid Stock Split Boost
GQG Partners, a global investment company, has sold around 35 million shares of Adani Power Ltd., representing about 1% of the company, for $250 million. Most of the shares were…
Indian IT Stocks Fall Amid U.S. H-1B Visa Fee Hike Concerns
After US President Donald Trump on Friday sharply raised the application fee for H-1B visas, shares in Indian IT services companies fell on Monday, threatening disruption for a sector that…