Aadhaar checks: UIDAI plans rule to mandate registration for verifiers; push paperless verification

[ad_1] Aadhaar-based verification is set to move further away from paper trails, with the Unique Identification Authority of India (UIDAI) preparing to notify a new rule mandating registration of entities that seek offline Aadhaar verification, reported PTIThe proposed rule aims to discourage practices such as hotels, event organisers and similar entities collecting photocopies of Aadhaar…

Read More

Tariffs to put ‘America first’: Is Donald Trump spelling doom for US? Economics explained

[ad_1] US President Donald Trump has framed his sweeping tariff policy as essential for protecting American workers and manufacturing, promoting it as a cornerstone of his “America First” agenda.Since returning to office this year, the Trump administration has overseen a historic surge in tariff collections. According to Fox Business, total duty revenue reached $215.2 billion…

Read More

AceVector IPO: SoftBank-backed Snapdeal parent refiles draft papers with Sebi; plans Rs 300 crore fresh issue

[ad_1] SoftBank-backed digital commerce ecosystem AceVector Ltd has filed updated draft red herring prospectus (UDRHP) with markets regulator Sebi for its proposed initial public offering, which includes a fresh issue of shares worth Rs 300 crore, according to PTI.The IPO will also feature an offer for sale (OFS) of 6.38 crore shares by existing shareholders….

Read More

FPI selling continues: Rs 11,820 crore offloaded in December first week; total 2025 outflow touches Rs 1.55 lakh crore

[ad_1] Foreign investors started December on a sharply negative note, pulling out Rs 11,820 crore from the Indian equities in the first week. This offloading by the foreign portfolio investors was majorly driven by the steep decline of the rupee. This comes after the FPIs had briefly returned to buying in October, bringing in Rs…

Read More

IndiGo crisis: InterGlobe Aviation ‘doing everything possible’ to ensure refunds; crisis management group set up

[ad_1] As IndiGo battles an unprecedented operational crisis, the airline said its Board of InterGlobe Aviation is doing “everything possible” to ensure refunds for cancelled flights. The parent company has also set up a Crisis Management Group to monitor the situation, PTI reported.The operational crisis that has spanned across the sixth day has prompted both…

Read More

Warner Bros-Netflix deal: Is the Tudum effect harmful for Indian cinema? ‘The risk is two-fold’

[ad_1] Netflix’s takeover of Warner Bros Discovery has shaked up not just Hollywood but also caused India’s cinema industry. Multiplex Association of India (MAI) recently warned that the latest bout of consolidation could undermine the country’s theatrical ecosystem.The association has highlighted a worrying trend: global streaming platforms purchasing major studios. According to MAI, the shift…

Read More