Month: March 2023

The Centre is contemplating removing long-term tax benefits for debt mutual funds. It has proposed to tax investments in debt mutual funds as short-term capital gains through amendments to the … Read More

Telecom operator Bharti Airtel overtook Reliance Jio in 5G roll-out with the expansion of the network to additional 235 cities, taking its total reach to 500 cities. Reliance Jio has … Read More

Here are the key highlights of the Finance Bill 2023 which was passed in the Lok Sabha today | The Hindu

India will tax investments in debt mutual funds as short-term capital gains, according to a source with knowledge of the matter, a move that could strip investors of the long-term … Read More

Finance minister Nirmala Sitharaman on Friday proposed setting up of a committee to look into the issues related to pension for government employees and evolve an approach to address the … Read More

Gold prices eased in range-bound trading on Friday due to a firmer dollar, while investors digested the U.S. central bank’s hints at a potential pause in its rate-hike trajectory. Spot … Read More

Plane giants Airbus and Boeing face mounting pressure to set up jetliner plants in India, after the country’s civil aviation minister told Reuters the “time has come” to serve its … Read More

Benchmark indices Sensex and Nifty fell in early trade on Friday amid a weak trend in Asian markets and fresh foreign fund outflows. Weak trend in index major Reliance Industries … Read More

The rupee slipped by 4 paise to 82.24 against the US dollar in early trade on Friday amid a stronger dollar in the overseas markets and losses in domestic equities. … Read More

The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, on Thursday selected Siddhartha Mohanty to head insurance behemoth LIC. As per the guidelines, … Read More