International investors with at least $5 million in capital will have access to a new “gold card” visa programme in about a week, granting permanent residency and work authorization in the United States, US Commerce Secretary Howard Lutnick announced on Wednesday.Speaking at Axios’ Building the Future event in Washington, DC, Lutnick revealed that the initiative,…
The Securities and Exchange Board of India (Sebi) announced on Thursday that it is investigating potential violations by IndusInd Bank’s senior management, alleging accounting frauds estimated at Rs 3,400 crore.While the Reserve Bank of India (RBI) will handle the primary investigation, Sebi is specifically examining the alleged securities market violations by bank officials.“The RBI is…
The consumer protection regulator CCPA has launched an investigation into ride-sharing services Ola Cabs and Rapido regarding potential unfair trade practices involving ‘advance tipping’. This follows CCPA’s notice to Uber on Wednesday regarding allegations of pressuring customers to provide tips before service completion.Union consumer affairs minister Pralhad Joshi announced on X on Thursday: “CCPA is…
NEW DELHI: If you’ve lost or forgotten your Aadhaar card or number, there’s no need to worry. The Unique Identification Authority of India (UIDAI) offers several easy ways to retrieve your Aadhaar details, both online and offline. You can retrieve your Aadhaar number or Enrolment ID (EID) using the “Retrieve UID/EID” option on the UIDAI…
The rejig for Sensex and additional indices were announced by BSE’s fully-owned subsidiary Asia Index Private Limited after today’s trading session. (AI image) BSE Sensex rejig: Tata Group’s retail arm Trent is all set to replace FMCG giant Nestle India whilst defence PSU Bharat Electronics Limited (BEL) will replace IndusInd Bank in the BSE Sensex…
FLY91 announces 50% discount on base fares for defence personnel PUNE: In honour of the service of Indian armed forces personnel, FLY91 has announced a 50 per cent discount on base fares for defence personnel and their immediate families. The regional airline has also allocated special seats and additional baggage allowance as a gesture of…
NEW DELHI: The Reserve Bank of India (RBI) is expected to declare on Friday the dividend amount it will transfer to the central government for the fiscal year 2024-25, with indications pointing to a payout higher than the record Rs 2.1 lakh crore disbursed for 2023-24. This previous figure more than doubled the Rs 87,416…
NEW DELHI: Government has announced the sale (re-issue) of dated government securities totaling Rs 27,000 crore, set for Friday. The auction will be split into two segments: Rs 15,000 crore at 6.75 per cent maturing in 2029, and Rs 12,000 crore at 7.09 per cent maturing in 2054.According to a statement from the Reserve Bank…
NEW DELHI: The Indian capital markets have witnessed a notable surge in retail investor participation in recent years, driven by a growing middle class and rising financial literacy.A joint report by ASSOCHAM and ICRA signifies a marked shift in investor behaviour, with a rising preference for mutual funds and systematic investment plans (SIPs), especially among…
Shark Tank judge and entrepreneur Anupam Mittal, addressed one of the crucial issues that employees often face in the corporate world, in a recent post on LinkedIn.The Shaadi.com founder talked about how miscommunication often happens in the industry, just because of the fear of embarrassment. Reflecting on the cultural gap he noticed after spending several…
