State-owned NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April. Photograph: David Gray/Reuters In a statement on Sunday, NMDC said it produced 4 million
The US is expected to push for sweeping changes in India’s policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday.
Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. Illustration: Francis Mascarenhas/Reuters The Central KYC is an online
Swiggy on Friday said its 10-minute food delivery service ‘Bolt’, which was launched in October last year, is now operational in more than 500 cities across the country. Photograph: Francis Mascarenhas/Reuters Presently, at least one in every 10 food delivery
Bharti Airtel and Tata Group have terminated discussions for a merger of their direct-to-home (DTH) business, according to a Bombay Stock Exchange (BSE) filing on Saturday. Photograph: PTI Photo from the Rediff Archives In the BSE filing, Airtel said this
Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. Illustration: Uttam Ghosh/Rediff According to Prime Database, DIIs held a 17.62 per cent stake,
Chartered accountants’ apex body ICAI will be preparing a research paper to help markets watchdog Sebi in dealing with financial frauds. Illustration: Dominic Xavier/Rediff ICAI president Charanjot Singh Nanda on Saturday said the institute will set up a working group
They are not just underreporting income; they are reshaping what the income tax system perceives. There have long been heated debates about the progressive nature of personal income tax (PIT) and the regressive traits of India’s indirect tax system,
The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. Photograph: PTI Photo from the Rediff Archives The Rs 2000 banknotes continue
India’s forex reserves increased $1.98 billion to $688.13 billion during the week ended April 25, the RBI said on Friday. Illustration: Dado Ruvic/Reuters This is the eighth consecutive week of a rise in the kitty, which had jumped 8.31 billion
