Mumbai, Aug 9 (IANS) The Securities Exchange Board of India has proposed easier norms for resident Indians and mutual funds to invest in foreign funds. The regulator proposed to enable retail schemes based in IFSCs in India with resident Indian non-individuals as sponsors or managers to register as FPIs.
New Delhi, Aug 9 (IANS) The Sanchar Saathi mobile app, an initiative of the Department of Telecommunications (DoT) to report fraudulent calls and messages, has crossed 50 lakh downloads within six months of its launch, the Ministry of Communication said on Saturday.
New Delhi, Aug 9 (IANS) The Income Tax Department on Saturday released the ITR-5 Excel Utility for Assessment Year 2024–25. This utility can be used by partnership firms, Limited Liability Partnerships (LLPs), and cooperative societies to file their annual returns.
Mumbai, Aug 9 (IANS) The Securities and Exchange Board of India (SEBI) has proposed a distinct alternative investment fund (AIF) scheme that would admit only "accredited investors".
New Delhi, Aug 9 (IANS) Delivering on PM Narendra Modi's vision of 'Minimum Government, Maximum Governance', the Government e-Marketplace (GeM) evolved into a cornerstone of transparency, inclusivity and efficiency, said Union Commerce Minister Piyush Goyal on Saturday, hailing the successful 9 years of the digital governance initiative.
New Delhi, Aug 9 (IANS) To avoid rush by ensuring hassle-free ticket booking experience during the upcoming peak festive seasons, the Ministry of Railways on Saturday said that it has decided to formulate a 'Round Trip Package' on discounted fare and rebates benefit.
New Delhi, Aug 9 (IANS) Arbitrage and multi-asset allocation funds saw the highest inflows in open-ended hybrid schemes during Q1 FY26, as investors moved to safer and diversified investment strategies, a report said on Saturday.
New Delhi, Aug 9 (IANS) Defence Minister Rajnath Singh on Saturday said the annual defence production has soared to an all-time high of Rs 1,50,590 crore in FY 2024-25.
New Delhi, Aug 9 (IANS) Elon Musk-run electric car maker Tesla is all set to inaugurate its second showroom in India -- in Delhi on August 11 -- after it opened the Mumbai showroom last month.
New Delhi, Aug 9 (IANS) US tech major Intel's CEO Lip-Bu Tan has said he would not resign despite US President Donald Trump's public call for his resignation for alleged “deeply conflicted” links to China.
