MUMBAI: Former Axis MF fund manager Deepak Agrawal has settled a regulatory case with Sebi by paying Rs 85.8 lakh and surrendering over 43,000 units. The case related to charges of financial misconduct, including sharing stock tips, passing on trading information, and failing to disclose directorships, which Sebi said amounted to violation of MF regulations….
The collector’s trove of 55 works, including Klimt, Matisse and Munch, will be auctioned in November. Source link
NEW DELHI: Finance minister Nirmala Sitharaman said on Monday that regulation has to keep pace with the adoption of AI. “Artificial intelligence is not static. It is a rapidly progressing, real-time dynamic thing. Therefore, all of us will have to be conscious that we don’t sit back on the ethics,” Sitharaman said at the launch…
The overall total, 7.4 million viewers, was the highest in four years. Source link
ITR filing FY 2024-25 due date extended ITR filing FY 2024-25 due date extension: In a big relief for taxpayers, the Income Tax Department has extended the due date or deadline for filing Income Tax Returns (ITR) for AY 2025-26 by a day. The original deadline of July 31, 2025 had previously been extended to…
The president proposed changing the rules to require twice-yearly reports, revisiting an idea from his first term. Source link
The Reserve Bank of India (RBI) on Monday rolled out final guidelines to regulate payment aggregators, bringing in a new framework that takes effect immediately.Under the Regulation of Payment Aggregators Directions, 2025, the RBI has classified aggregators into three categories — PA-P for physical, PA-CB for cross-border, and PA-O for online, PTI reported. While banks…
A $2 billion crypto deal and an agreement to sell valuable chips to the United Arab Emirates were intertwined in ways that have not been previously reported. Source link
The government’s proposed Export Promotion Mission, designed to shield Indian exporters from global trade shocks, is set to be placed before the Union Cabinet for approval soon, sources told PTI. Inter-ministerial consultations on the scheme have been completed.The mission, first announced in the Union Budget, is expected to offer about Rs 25,000 crore worth of…
Top economic officials met in Madrid for a second day, with deadlines looming on tariffs and a ban on TikTok in the United States if it is not sold by its Chinese owner, ByteDance. Source link
