Business

[ad_1] The rate-setting Monetary Policy Committee (MPC) of the Reserve Bank of India, chaired by Governor Sanjay Malhotra, began its three-day meeting on Monday to decide the upcoming bi-monthly monetary policy. The outcome will be announced on Wednesday (August 6), amid expectations of a pause in the rate-easing cycle and rising uncertainty over the impact…

[ad_1] Niti Aayog on Monday urged the government to formulate a National Electric Vehicle (EV) policy with clear targets and timelines to accelerate India’s shift to clean mobility, as part of its latest report titled “Unlocking a USD 200 Billion Opportunity: Electric Vehicles in India.“The report, released by Niti Aayog member Rajiv Gauba, called for…

[ad_1] Visitors seeking B-1 and B-2 visas from countries with significant overstay percentages must submit bonds before visa approval. (AI image) The Donald Trump administration has announced that some categories of visas may now require a $15,000 bond from the visitors before being issued by America. The regulation revives a measure from US President Donald…

[ad_1] India has emerged as the world’s fifth largest aviation market, handling 241 million passengers in 2024, while the Mumbai–Delhi route ranked 7th among the world’s busiest airport pairs, according to the World Air Transport Statistics (WATS) released by the International Air Transport Association (IATA).India’s passenger numbers grew 11.1% over 2023, when it handled 211…

[ad_1] NEW DELHI: A joint platform of the Samyukt Kisan Morcha (SKM) and ten central trade unions on Monday announced a nationwide protest on August 13 against the proposed 25 percent US tariff and the recently signed India-UK Comprehensive Economic and Trade Agreement (CETA).In a joint statement, the CTUs-SKM criticised US President Donald Trump’s tariff…

[ad_1] Prime Minister Narendra Modi will inaugurate a new residential complex in August on Baba Kharak Singh Marg, featuring 184 large and spacious flats for Members of Parliament, partially addressing the requirement for accommodation in Lutyens’ Delhi, according to a TOI report by Dipak Dash. Over the past few years, the government has constructed supplementary…

[ad_1] Indian property buyers in Dubai are facing regulatory challenges after using international credit cards (ICCs) for property purchases. They opted for this payment method through builder-shared links or during UAE visits, making down payments and instalment payments.The process appeared straightforward, avoiding bank paperwork and potentially circumventing the 20% tax-collected-at-source (TCS). However, they allegedly misused…

[ad_1] VinFast in Chennai with its biggest showroom in India (Credit: VinFast Fb account) VinFast Auto India, a Vietnamese electric vehicle company, opened its largest retail outlet in Chennai, marking its second showroom in the country, as announced by a company representative, quoted by news agency PTI.The 4,700 sq ft showroom, situated in Teynampet, represents…

[ad_1] The allotment results for NSDL’s Rs 4,011.60-crore initial public offering (IPO) is set to be announced Monday i.e. August 4, following an overwhelmingly positive response from investors. The IPO, priced at Rs 800 per share, was oversubscribed 41.02 times, signalling strong investor confidence. Listing and market sentiment Shares of NSDL are set to be…

[ad_1] In a significant development for the Indian financial markets, the net inflow of foreign portfolio investors (FPI) into the Indian primary market has reached a seven-month high of $1.7 billion (Rs 14,247 crore). This surge comes amid a buoyant period for initial public offerings (IPOs). The last time FPIs invested such a substantial amount…