Income tax department clarified that TDS on virtual digital assets remains at 1 per cent In a confusion of sorts, the income tax department portal on Wednesday updated its document on tax deductible… [+1152 chars]
The two additional directors appointed by the Reserve Bank of IndiaR Gandhi and Ananth Narayan Gopalakrishnanwill continue up to March 23, 2023 or till further orders, whichever is earlier. Further,… [+601 chars]
On June 8, the Reserve Bank of India (RBI) recommended linking credit cards to UPI networks. Governor Shaktikanta Das declared that the procedure would begin with RuPay credit cards for the time bein… [+2810 chars]
IBM CEO Arvind Krishna through an email informed employees that the company is ending all operations in Russia. The move comes several months after the tech company froze activities in Russia. Additi… [+1519 chars]
Brookfield Renewable India today announced the successful commissioning of its first greenfield project in India, a 445 MW solar plant, near Jodhpur, Rajasthan. will offtake this power under a 25-y… [+1458 chars]
The three sectors that will majorly contribute to earnings growth in fiscal 2022-23 are financials, oil & gas, and information technology, according to Motilal Oswals Gautam Duggad. For FY23, we… [+1458 chars]
The Reserve Bank of India (RBI) on Wednesday increased the limits for individual housing loans being extended by urban cooperative banks (UCBs) and rural cooperative banks (RCBs), by over 100 per cen… [+2921 chars]
The market wiped out all gains in afternoon and closed lower on June 8 after the Reserve Bank of India hiked repo rate by 50 basis points (bps) to 4.9 percent and raised inflation projection for full… [+2629 chars]
Credit Suisse Group AG is weighing a fresh round of job cuts, part of a renewed push to slash costs after warning of a second-quarter loss, according to people familiar with the matter. The Swiss ba… [+2822 chars]
In a first ever, Coal India Limited (CIL) on Wednesday floated an international competitive bidding e-tender, seeking bids for import of 2.416 million tonnes (MTs) of coal. The coal being sourced on… [+1768 chars]
NEW DELHI: Russias Rosneft is holding back on signing new crude oil deals with two Indian state refiners, three sources with knowledge of the matter said, as it has committed sales to other customers… [+1428 chars]
U.S. stocks fell on Wednesday as Treasury yields rose above the psychologically important 3% level and oil prices jumped, fanning worries about inflation and the outlook for interest rates. The S&am… [+2332 chars]