President Donald Trump on Friday (local time) claimed that the United States is “very close to making a deal with India,” adding that a representative from Pakistan is expected to visit Washington for talks next week.“Pakistan representatives are coming in next week. We’re very close to making a deal with India,” Trump told reporters at…
NEW DELHI: EaseMyTrip reported strong growth in the fourth quarter of FY25, with Gross Booking Revenue at Rs 2,192.7 crore and operational revenue at Rs 139.5 crore, according to its financial report.For the full year ending March 31, 2025, EaseMyTrip achieved a total Gross Booking Revenue of Rs 8,691.6 crore, whilst operational revenue reached Rs…
NEW DELHI: Vodafone Idea on Friday reported a loss of Rs 7,166 crore for the fourth quarter of the last fiscal, against Rs 7,675 crore in the same period of 2023-24. The company’s board also approved raising of Rs 20,000 crore to fund expansion.The company, reeling under a debt pile of over Rs 2 lakh…
NEW DELHI: In a relief to Vedanta, the appellate tribunal NCLAT has stayed the National Company Law Tribunal orders against the demerger of the multinational mining company into separate entities and subsequent listing.The Mumbai bench of NCLT had on March 4 rejected the first motion petition moved for the composite scheme of arrangement between Vedanta…
MUMBAI: Sebi on Friday banned 59 entities, including actor Arshad Warsi, his wife Maria Goretti, from the market for up to 5 years. The move is related to misleading videos on YouTube channels – like Moneywise, The Advisor and Profit Yatra – luring investors to buy TV channel Sadhna Broadcast’s shares. The markets regulator fined…
MUMBAI: RBI is looking to introduce interest rate rules for non-banking finance companies similar to those that govern banks. The goal is to improve how changes in monetary policy pass through to borrowers and to make loan pricing more transparent.As of now, when RBI changes its benchmark repo rate, banks pass on the changes quickly…
Forex Reserves (AI image) India’s foreign exchange reserves increased by $6.992 billion, reaching $692.721 billion for the week ended May 23, according to the RBI’s Friday announcement. The overall reserves had previously declined by $4.888 billion to $685.729 billion in the week ended May 16. The reserves had achieved their highest level of $704.885 billion…
The Employees’ Provident Fund Organisation (EPFO) is set to revolutionize the way millions of employees access their provident fund (PF) savings. Starting June 2025, EPF members will be able to instantly withdraw PF funds via Unified Payments Interface (UPI) and ATMs, according to DD News.This major step is being implemented with the support of the…
The ministry of Finance on Friday announced that Central government employees who retired under the National Pension Scheme (NPS) on or before March 31, 2025, and have completed at least 10 years of qualifying service — or their legally wedded spouses — will be eligible for additional benefits under the Unified Pension Scheme (UPS).These UPS…
Sebi has imposed monetary penalties of Rs 5 lakh each on Warsi and Goretti. The Securities and Exchange Board of India (Sebi) has imposed restrictions on actor Arshad Warsi, his spouse Maria Goretti and 57 other individuals from participating in securities markets for periods ranging from one to five years. This action follows their involvement…
