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Sebi) on Friday approved a proposal to exempt additional disclosure requirements for FPIs (foreign portfolio investors) having over 50% of their India equity AUM in a single corporate group if certain conditions are met. The relaxations in certain disclosure norms are aimed at ease of doing business.

Treasury Secretary Janet Yellen discusses inflation risks, taxes and credit card debt in an exclusive interview with FOX Business.

₹45.6 crore in FY23 from ₹248.6 crore in FY22. Its losses reduced to ₹385 crore from ₹513 crore during the same period, according to company filings with the Registrar of Companies (RoC). The company’s diminished scale is attributable to the challenges being faced by the industry.

Sagarmala programme of the Ministry of Ports, Shipping & Waterways. The projects will be implemented with 100% financial assistance from the central government to enhance terminals and riverine infrastructure along the river Brahmaputra (National Waterways 2) to boost connectivity and foster economic growth. From the construction of slipways at strategic locations such as Maya Ghat in Dhubri district and Majuli district to the establishment of passenger terminals at Ghagor in North Lakhimpur district and Bahari in Barpeta district, each proposal is meticulously designed to enhance connectivity and facilitate seamless transportation across the region.

Official data shows Germany’s greenhouse gas emissions dropped by one-tenth last year as renewable energy grew in importance, the use of coal and gas diminished and economic pressures weighed on businesses and consumers

With elections slated to take place some time around April-May 2024, the Prime Minister Narendra Modi-led Bharatiya Janata Party is looking to come back to power for the third consecutive term, having bagged the majority in 2014 and 2019. Campaigning for the upcoming polls are already underway, with the BJP confidently claiming that the party would clinch over 400 seats in the 543-seats strong Lok Sabha.

By Trevor Hunnicutt and Alexandra Alper

Paytm: On the eve of the March 15 deadline for Paytm Payments Bank to cease operations, Paytm secured a third-party application provider license from the National Payments Corporation of India on Thursday. This license will offer an alternative payment method to Paytm's customers via its app, following the shutdown of its banking division, Paytm Payments Bank, due to regulatory non-compliance. In related news, there are reports suggesting a potential 20% reduction in team sizes at Paytm.

Few terms in economics are as ideologically loaded as ‘free trade.’ Advocate it nowadays, and you are likely to be regarded as an apologist for plutocrats, financiers and footloose corporations. Defend open economic borders, and you will be labelled naive or, worse, a stooge of the Communist Party of China who cares little about human rights or the fate of ordinary workers at home. As with all caricatures, there is a grain of truth in the anti-trade stance.

PIYUSH GOYAL, MUMBAI LOCAL TRAIN, SIDDHIVINAYAK MANDIR, LOK SABHA ELECTIONS, PIYUSH GOYAL RIDES MUMBAI LOCAL TRAIN, PIYUSH GOYAL VISITS SIDDHIVINAYAK MANDIR, BJP : Piyush Goyal—the Minister of Commerce and Industry and Consumer Affairs—who will face his first electoral debut in the upcoming Lok Sabha elections, on Thursday embarked on a journey aboard a Mumbai local train. The minister who spent his childhood in Mumbai expressed his nostalgia for the city while admiring the resilience, perseverance, and hopeful spirit of the financial capital of the country.

Nirmala Sitharaman said that Northeast region of our country has transformed into the driving force of our nation’s development. Sitharaman participated in Indian Institute of Technology-Guwahati Viksit Bharat Ambassador Dialogue held at the institute. The developmental dialogue centered around the topic of the Prime Minister of India’s 'Viksit Bharat 2047' goal, aimed at transforming India into a developed nation by 2047, marking 100 years of independence. Delving into India's ambition to achieve developed nation status by 2047.

Vedanta Ltd’s planned demerger of its businesses could face major hurdles from minority shareholders and creditors, said Credit Sights, a FitchSolutions Company, in its report. “We maintain our view that VEDL's (Vedanta Ltd's) planned demerger of its other businesses could face major hurdles from minority shareholders and/or creditors, which may delay or derail the deal.

An AI lab in the United States has introduced the world’s first AI software engineer, named Devin, to assist engineers. The makers, Cognition, reported the successful qualification of Devin in practical engineering interviews held by several leading AI companies.

Justin Trudeau’s government will end up tapping the bond market for around $250 billion in debt next year, one of the country’s biggest lenders says.

To passersby, the construction site at Yonge and Bloor in downtown Toronto where The One, an 85-storey mixed-use development is slowly taking shape, looks just like any other, albeit on a grander scale. Workers are making progress, pushing up past the 50th storey as the building’s facade begins to take shape.

Toronto-Dominion Bank chief executive Bharat Masrani took a pay cut last year over the lender’s scuttled acquisition of First Horizon Corp. and the United States probe it faces over anti-money-laundering controls.

Treasury Secretary Janet Yellen weighs in on the state of the economy in a FOX Business exclusive interview.

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credit score. However, it is a responsible financial management that leads to a good CIBIL score. Therefore, a borrower must take some steps to ensure that credit score stays healthy and sound.

Mint looks at the significance of free trade agreements for India going forward. Unlike a possible deal with the European Union (EU) or the US, India’s largest trading partners, the India-EFTA deal is unlikely to boost bilateral trade by much. In the January-December 2023 period, India’s exports to EFTA, which comprises Iceland, Norway, Liechtenstein and Switzerland, was just $1.87 billion.

Yogi Adityanath on Wednesday said people should not «waste their votes» on the Congress and the Samajwadi Party (SP) «if they cannot do anything for the poor». In Farrukhabad, Adityanath lashed out at the previous governments and cautioned the voters not to get seduced by those who «imposed curfews, prevented progress and worked on a policy of appeasement». Addressing a function in Unnao to inaugurate and lay foundation stones of projects worth Rs 241 crore, the chief minister asked the gathering, «Could those in the Congress have made the Ram temple (possible) in Ayodhya? Could those in the SP have made it? If they cannot give ration, houses or health facilities to the poor nor can they respect your faith by building a Ram temple, why do you waste your vote and accept them as a burden over you?» With 80 Lok Sabha seats, the maximum amongst all the states, Uttar Pradesh is the most crucial battleground for the Bharatiya Janata Party (BJP), which is eyeing to retain power for a third consecutive term at the Centre in the upcoming general election.