MUMBAI: Govt has directed e-commerce firms to disseminate information about the GST reforms on their platforms. In a meeting held last week, it was suggested that platforms run a ‘GST Bachat Utsav’ campaign on their portals for 100 days starting Sept 22. Firms were also asked to reflect GST reduction in the bill. “All the…
BENGALURU: What was once billed as India’s challenger to global giants in artificial intelligence and semiconductors has quietly dwindled into a shadow of those ambitions. Krutrim, the AI venture founded by Ola’s Bhavish Aggarwal, is now largely sustained by his personal wealth and loans tied to his Ola Electric stake, with most of its marquee…
Tata Trusts vice-chairman Vijay Singh has said that he did not attend the board meeting of Tata Sons on Friday (Sept 12) as he had resigned a day before. He said that he had merely gone to meet other directors “for the usual courtesies” before the meeting started and then left the room. Singh was…
MUMBAI: Markets regulator Sebi has approved the IPO of Pine Labs, a document on its website showed on Monday. The updated DRHP is not yet public. Draft papers filed by the fintech earlier this year had showed that it is seeking to raise up to Rs 2,600 crore through fresh issue of shares. In all,…
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….
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…
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 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…
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…
US President Donald Trump (Photo-AP) US President Donald Trump has renewed his call to end quarterly earnings reports for publicly traded companies, suggesting instead a six-month reporting period to ease costs and allow executives to focus on running their businesses, AP reported.In a post on his social media platform Truth Social, Trump wrote, “This will…
