Govt asks e-commerce firms to file FDI compliance report annually
"Against Sl. No. 15.2.3, for entry (p), the following entry shall be substituted, namely-(p) e-commerce marketplace entity with FDI shall have to obtain and maintain a report of statutory auditor by 30th of September every year for the preceding financial year confirming compliance of the e-commerce guidelines," the gazatte notification said
Changes to Passport, Foreigners Acts still pending in top court
The government on September 8, 2015, changed passport and foreigners acts to ...
Forex reserve hits a new high of $451.7 billion
Since the beginning of the current fiscal, the forex kitty has gained by $38.8 billion as of ...
REC raises $500 million via unsecured notes
The net proceeds from the sale of the notes will be used for lending to the power sector.
Modi government taking several steps to incentivise renewable energy sector: R. K. Singh
The government is facilitating developers by allowing Foreign Direct Investment (FDI) of up to 100% through the automatic route. Moreover, Inter State Transmission System (ISTS) charges and losses for inter-state sale of solar and wind power shall also be waived for renewable projects commissioned by December 2022.
From a 10-year view, Indian stocks better than US ones: Chris Wood
Wood said the government has the political will to do PSU divestments
RBL Bank raises Rs 2,025 cr from Bajaj group, other investors
The issue saw strong demand from domestic as well as foreign qualified institutional buyers (QIBs), the statement said.
Sensex slips 334 points, Nifty ends at 11,922; SBI cracks 5%
Financials drag Sensex 334 pts lower, Nifty ends at 11,922; YES Bank cracks 11%, SBI 5%.Sensex slips 334 points, Nifty ends at 11,922; SBI c...
China solar exports hit 58 GW in first three quarters of 2019, foreign earnings for firms set to rise 25%
Beijing said in May last year it would wind down subsidies to the nation's solar industry to reflect rapidly declining construction and generation costs. It also sought to tackle a spiralling payment backlog amounting to more than 100 billion yuan ($14.2 billion).
Crude oil futures slip on weak global cues
Crude oil futures on Friday fell by Rs 2 to Rs 4,159 per barrel.
Bharat Bond Exchange Traded Fund: Govt clears India's first debt ETF
After exchange traded fund for equities, the Union Cabinet on Wednesday approved launch of a exchange traded fund for bonds. The fund will p...
Saudi exchange to limit Aramco index weighting with cap
The Aramco IPO is seen as a test for the Saudi exchange, where the largest listing so far has been worth $6 billion.
Bharat Bond ETF is here; What is a bond ETF?
Bharat Bond ETF will be the first corporate bond debt ETF to be launched in India. The details of companies in the ETF are yet to be finalised.
Foreign trips may pinch fliers as airfares surge
Flights to US, Europe this holiday season may cost three times more on Jet’s exit. The India-London sector could see new flights, with Vistara and IndiGo possibly starting them next year, but other routes will have to wait. A Delhi-Paris ticket is priced at Rs 1,14,642 against Rs 40,020 in December last year, according to travel aggregator ixigo.
What all the government is doing to improve the generation of solar energy in the country; here’s a round-up
Distribution licensees would be notified about standard bidding guidelines to aid them in procuring solar and wind power at competitive rates in a cost-effective and transparent way.
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