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Jan 8, 2025 | 
thehindubusinessline.com | Amiti SenK.R. Srivats |Amiti Sen |K.R. Srivats
In an unprecedented move, gold import estimates for November 2024 have been sharply lowered by the government by $5 billion to $9.84 billion from $14.86 billion announced last month, following requests made by the industry for a re-look at the unusually high numbers.
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Dec 4, 2024 | 
thehindubusinessline.com | K.R. Srivats
In a startling revelation made by Corporate Affairs Minister Harsh Malhotra in the Rajya Sabha, it has emerged that 2,227 companies have relocated their registered offices out of West Bengal to other States between 2019 and 2024. Among these, 39 are listed companies—a clear indication of the shifting corporate dynamics in the State. Malhotra revealed this in a written reply to an unstarred question of the upper House.
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Aug 19, 2024 | 
thehindubusinessline.com | K.R. Srivats
Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday advised Public Sector Banks (PSBs) to make concerted efforts to garner deposits by conducting special drives. This advice is crucial as PSBs are experiencing a tricky situation of slower deposit growth compared to the sharp increase in loan advances in the recent years.
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Aug 7, 2024 | 
thehindubusinessline.com | K.R. Srivats
India should privatise banks and further open its economy in the coming years to boost growth beyond the current 6.5-7 percent levels, said Arvind Panagariya, Chairman of the Sixteenth Finance Commission, on Wednesday. “Privatisation of banks is an important part of reform that is required so that we get out of repeated cycle of NPAs and the government has to step in rather slowly.
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Jul 25, 2024 | 
thehindubusinessline.com | Shishir SinhaK.R. Srivats |Shishir Sinha |K.R. Srivats
Economic Affairs Secretary Ajay Seth has said the Budget announcement related to reducing debt to GDP ratio is a policy intent. In an interview with businessline, he said this will be followed by legislative measures. Excerpts from the interview:The Budget talks about a shift to lowering debt to GDP ratio from sticking to rigid fiscal deficit. What kind of changes are we going to see? You are getting at a legislative anchor for fiscal consolidation. We are not yet at that stage.
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Jul 16, 2024 | 
thehindubusinessline.com | Shishir SinhaK.R. Srivats |Shishir Sinha |K.R. Srivats
The Union Budget may not make any change in the 45-day pay rule in Income Tax law as the government has amended the Company Law order and notified new form for reporting by companies about delay in payment to micro and small enterprise suppliers. Tax and legal experts are divided over how the change will impact compliance burden for large companies.
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Jul 16, 2024 | 
thehindubusinessline.com | K.R. Srivats
NYSE-listed Goldman Sachs, a global financial services behemoth, has announced the appointment of Sudarshan Ramakrishnan and Devarajan Nambakam as the Co-heads of Investment Banking in India. In their new roles, Ramakrishnan and Nambakam will manage the firm’s broader investment banking strategy and drive growth across industry groups in India with a focus on deepening and broadening client relationships.
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May 17, 2024 | 
thehindubusinessline.com | Meenakshi Verma Ambwani |K.R. Srivats
New Delhi Spiritual and astrology tech Start-ups are evincing strong investor interest in recent times amidst increasing adoption from Gen Z and millennial consumers. InstaAstro, Vama, Astrotalk and DevDham have raised fresh funds in the past few months. On Thursday, InstaAstro announced that it has raised ₹18.50 crore in a pre-series A round led by Artha Ventures.
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Apr 16, 2024 | 
thehindubusinessline.com | K.R. Srivats
Updated - April 16, 2024 at 09:21 PM. R Dinesh, President of Confederation of Indian Industry (CII) and Executive Chairman TVS Supply Chain Solutions shares his thoughts on India’s manufacturing journey over the last ten years, with businessline Share Copy linkFacebookTwitterTelegramLinkedInWhatsAppRedditREAD LATERWhat score on a scale of 1-5 will you give for NDA’s performance on manufacturing over last decade?
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Mar 2, 2024 | 
thehindubusinessline.com | K.R. Srivats |Meenakshi Verma Ambwani |Abhishek Law
Amidst the Indian government taking exception to Google’s move to delist nearly ten Indian Apps from its Play Store, the tech giant on Saturday reinstated several of them. This was largely because these apps decided to comply with Play Store billing policy with many of them opting to operate on consumption-only basis. All the five apps of Info Edge —flagship Naukri App, Naukri Recruiter, Naukrigulf, 99acres and Shiksha, besides shaadi.com now stand reinstated on Play Store.
