Brahmaputra tunnel project may get cabinet nod soon
Guwahati: The detailed project report (DPR) of Assam’s first underwater tunnel to be constructed between Numaligarh and Gohpur at a cost of ₹6,000 crore, has…
Lenskart gets Sebi nod for Rs 8,000-crore IPO, aims for November listing: sources
Eyewear retailer Lenskart has received an approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), people briefed on…
India probing alleged dumping of steel from China, Indonesia, Vietnam
India has initiated a probe into an alleged dumping of certain steel items from China, Indonesia and Vietnam following a complaint by domestic players. The…
RBI tweaks related party lending rules, unveils ‘unified’ framework
MUMBAI: The Reserve Bank of India (RBI) has expanded the related party transaction guidelines to include promoters, key management persons (KMPs), shareholders with equity of…
RBI proposes easing regulatory framework for foreign entities establishing offices in India
The Reserve Bank on Friday proposed to rationalise norms for establishment of a branch or office in the country by entities resident outside India. In…
India anchor of stability in volatile world: RBI Governor Sanjay Malhotra
New Delhi: India’s macro-economic fundamentals have continued to remain very strong, and the country has become an anchor of stability in a volatile world, Reserve…
India, Singapore discuss ways to boost trade, investments: Commerce ministry
Commerce and Industry Minister Piyush Goyal, who was on a three-day official visit to Singapore, met businesses and leaders to discuss ways to boost bilateral…
WeWork India IPO opens to slow start, subscribed 4% on first day
The WeWork India IPO opened to a tepid response. The Rs 3,000 crore issue was booked only 4% at the end of bidding on the…
Indian states to raise Rs 2.82 lakh crore through debt in current quarter, RBI says
The Reserve Bank of India (RBI) on Friday revealed that the state governments and union territories are expected to borrow Rs 2.82 lakh crore through…
Niti Aayog moves to simplify tax for foreign firms
NITI Aayog has proposed a simplified and optional presumptive tax scheme for permanent establishments in India, aimed at reducing discretion and litigation, simplifying compliances and…