[ad_1] NEW DELHI: The income tax department on Wednesday flagged major risks associated with virtual digital assets (VDA), such as cryptocurrency, joining the Reserve Bank of India in opposing the entry of these instruments.In a presentation to the parliamentary standing committee of finance, the tax authorities flagged as to how anonymous, borderless and near-instant value…
[ad_1] NEW DELHI: IndiGo on Wednesday became the first Indian airline to induct an Airbus A321XLR (extra long range) aircraft in its fleet. Arriving in Delhi, the airline’s first A321XLR will be deployed on the airline’s upcoming non-stop services connecting Mumbai to Athens from Jan 23, 2026, and Delhi to Athens from Jan 24, 2026,…
[ad_1] The Competition Commission of India (CCI) has sought information from IndiGo and aviation regulator DGCA to assess whether the country’s largest airline indulged in unfair business practices following widespread flight cancellations last month, PTI reported citing sources.In early December, IndiGo, which commands over 63% share of the domestic aviation market, faced major operational disruptions…
[ad_1] Agnivesh Agarwal, the eldest son of mining billionaire Anil Agarwal, passed away in the US. He was 49.Agnivesh, who was on the board of Vedanta group firm Talwandi Sabo Power Limited (TSPL), was recovering from an undisclosed illness at the time of his death.Anil Agarwal has two children: his late son, Agnivesh, and a…
[ad_1] US employers posted significantly fewer job openings in November, signalling that hiring remains subdued even as economic growth has picked up, according to data released by the Labor Department. Businesses and government agencies reported 7.1 million open jobs at the end of November, down from 7.4 million in October. While hiring remained weak, layoffs…
[ad_1] US stocks were mixed in early trading on Wednesday, a day after key indices touched fresh record highs, as investors turned cautious ahead of crucial US jobs data and amid rising global uncertainty.The S&P 500 was hovering between gains and losses, while the Dow Jones Industrial Average edged up 28 points, or 0.1 per…
[ad_1] Warner Bros. Discovery has once again turned down a takeover offer from Paramount, telling shareholders that the rival bid does not serve their interests and reiterating its recommendation to support a proposed $72 billion transaction with Netflix.In a statement on Wednesday, the company said its board had reviewed Paramount’s latest proposal and concluded that…
[ad_1] Markets regulator Sebi has extended the timeline for implementing an additional incentive structure for mutual fund distributors to March 1, allowing more time for asset management companies to put systems in place, according to a circular issued on Wednesday.The revised framework, aimed at encouraging onboarding of new individual investors from B-30 cities and new…
[ad_1] Equity indices extended their decline on Wednesday, with the Sensex and the Nifty ending lower for a third consecutive session as sustained selling in heavyweight stocks, rising geopolitical unease and weak global cues dented investor confidence. The BSE Sensex has shed over 1,144 points in the past three sessions, sliding from a close of…
[ad_1] SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS is a popular Post Office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is seen as a guaranteed cushion for regular interest income flow, especially for individuals who are looking for…