About 500 urban co-op banks to transition to RBI’s new remedial regime from April 1

About 500 urban co-op banks to transition to RBI’s new remedial regime from April 1

About 500 weak urban co-operative banks (UCBs), which are currently under RBI’s supervisory action framework (SAF), will transition to the prompt corrective action (PCA) framework for remedial action with effect from April 1, 2025. The central bank’s PCA Framework will...
Nokia and Amazon settle patent dispute over streaming technology

Nokia and Amazon settle patent dispute over streaming technology

Nokia Oyj and Amazon.com Inc. settled a patent dispute over streaming technologies that had spread to courts across three continents. The agreement covers the use of Nokia video technologies in Amazon’s streaming services and devices, resolving all patent litigation globally, the...
Casagrand forays into senior living segment with new project in Chennai

Casagrand forays into senior living segment with new project in Chennai

Real estate developer Casagrand has announced its foray into the senior living segment with the launch of Casagrand Cheers. The company unveiled its first senior living project in Pudupakkam, Chennai, with plans to expand across key metros in South India....
April 2025: New Income Tax rules, What taxpayers must know

April 2025: New Income Tax rules, What taxpayers must know

Direct Taxes As Finance Bill 2025 has been enacted with notification of Finance Act 2025, here are key changes in the Income Tax will come into effect from Tuesday and will be reflected in the Income Tax Returns for Assessment...
‘India’s cotton area may see a dip in 2025-26 as farmers seen shifting to pulses, oilseeds’

‘India’s cotton area may see a dip in 2025-26 as farmers seen shifting to pulses, oilseeds’

India’s cotton acreage for market year (MY) 2025-26 is seen lower at 11.4 million hectares, a three per cent decrease from the previous year due to the unexpected shift of planted area to higher return crops such as pulses and...
Tourists are cancelling trips to the US – here’s how this could affect its economy

Tourists are cancelling trips to the US – here’s how this could affect its economy

The United States is one of the top three most visited countries in the world. The big draw cards – cities such as San Francisco, New York and Chicago and national parks such as Yosemite – have attracted international tourists...
Govt gets power to roll out ‘Track & Trace’ mechanism to curb GST evasion

Govt gets power to roll out ‘Track & Trace’ mechanism to curb GST evasion

With the notification of the Finance Act 2025, the government has gained enabling power to introduce a Track & Trace mechanism to curb GST evasion during the new fiscal year beginning on Tuesday. The new mechanism aims to focus more...
Indian stock markets closed for Eid; Asian peers hit by heavy selling

Indian stock markets closed for Eid; Asian peers hit by heavy selling

The Indian stock markets remained closed on Monday in observance of Eid-ul-Fitr celebrations, while other major Asian markets faced heavy selling pressure.At the time of filing this report Japan's Nikkei 225 plunged by 4 per cent, Taiwan's Weighted Index declined...
Why you must continue SIPs even as markets dip

Why you must continue SIPs even as markets dip

You must have seen the awareness campaign of Mutual Funds Sahi Hai and SIPs Sahi Hai.It is not just a campaign, but there is a rationale behind it. It is beneficial for you. The logic is, you are inculcating discipline....
Looking beyond credit risk – The Hindu BusinessLine

Looking beyond credit risk – The Hindu BusinessLine

Last month, the Reserve Bank of India (RBI) said it will allow SEBI-registered non-bank brokers to access its bond trading platform in yet another initiative to boost retail participation in government bonds. Previously,we discussed if government bonds were attractive investments....
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