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India Weighs Higher Capital Gains Tax to Curb Inequality: Report
India is preparing an overhaul of its direct tax laws to replace a byzantine matrix of rules and help Prime Minister Narendra Modi reduce income inequality if he returns to power next year, according to people with knowledge of the matter.
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Instant View: Centre To Tax Gains From Debt Mutual Funds
India will tax investments in debt mutual funds as short-term capital gains, according to a source with knowledge of the matter.
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Centre Likely To Propose Removing Long-Term Tax Benefits For Debt Mutual Funds: Report
India may propose that investments in debt mutual funds be taxed as short-term capital gains, according to a source with knowledge of the matter, a move that could strip investors of the long-term tax benefits.
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Unisoc Said to Seek CNY 10 Billion Funding as China Boots Domestic Chip Sector
Unisoc (Shanghai) Technologies is seeking to raise CNY 10 billion (INR conversion) in a new funding round, three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round. The fundraising comes as China ramps up efforts to boost its domestic chip sector.
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Blockchain.com Faces $270 Million Hit From Loans To Bankrupt Three Arrows
Cryptocurrency exchange Blockchain.com could lose $270 million on its loans to bankrupt crypto hedge fund Three Arrows Capital (3AC), a source with knowledge of the matter said on Friday.
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Crypto Rules Violators Could Be Fined Rs 20 Crore Or Get Jail Term: Report
India is considering appointing its capital markets regulator to oversee cryptocurrencies, according to people with knowledge of the matter, as authorities look to classify them as financial assets.
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National Education Policy Will Make India Knowledge Capital, Says Piyush Goyal
Railways Minister Piyush Goyal today said that National Education Policy (NEP 2020) has given focus to innovation, entrepreneurship and skill development.
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India Stymies Investment From Hong Kong Amid China Border Row: Report
India is subjecting foreign investment proposals from Hong Kong at par with China as part of a new policy that makes approval mandatory for plans from countries that share a land border, a person with the knowledge of the matter said.
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Tesla Negotiating Incentives For Possible Texas Vehicle Assembly Plant: Report
Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday. Travis County Commissioners Court is scheduled to discuss terms of the deal on Tuesday, the paper reported, citing people with kno...
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Ombudsman Summons Sourav Ganguly, BCCI Says Allow Him Only On Full Disclosure
The CoA, through BCCI CEO, has requested the Ombudsman "to allow" Ganguly to continue in his dual role.
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Use Knowledge Capital To Help Poor, Needy: Chief Justice To Law Graduates
Chief Justice of India Dipak Misra on Sunday advised the graduating law students to put their knowledge capital and skills to help the poor and needy.
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Accused Of Billion-Dollar Scam, Gurgaon Realtor Yet To Face Police Action
A Gurgaon-based real estate firm, IREO Group, has been accused of defrauding its investors of over a billion dollars - roughly Rs 10,000 crore - but not a single government agency has taken action.
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Set Up Centre of Discovery: Abdul Kalam's Brother to Delhi Government
APJM Maraikayar, an elder brother of former President APJ Abdul Kalam, has urged Delhi Chief Minister Arvind Kejriwal to set up 'Kalam National Centre for Knowledge Discovery' in the capital in his memory.
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SH Kelkar Hires 4 Banks for up to $125 Million IPO: Report
Fragrance maker S.H. Kelkar & Co, partly owned by Blackstone Group, has appointed four banks to raise between $100 million and $125 million through an initial public offering (IPO), three sources with direct knowledge of the matter told Reuters.
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Varanasi: The City of Bharat Ratnas
Varanasi erupted in joy when the announcement of Bharat Ratna being conferred on Pandit Madan Mohan Malviya was made a week ago. One of the oldest cities of India, on the banks of the Ganga, Varanasi is also known as the capital of knowledge, a city that has produced five Bharat Ratnas.
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India Weighs Higher Capital Gains Tax to Curb Inequality: Report
India is preparing an overhaul of its direct tax laws to replace a byzantine matrix of rules and help Prime Minister Narendra Modi reduce income inequality if he returns to power next year, according to people with knowledge of the matter.
-
Instant View: Centre To Tax Gains From Debt Mutual Funds
India will tax investments in debt mutual funds as short-term capital gains, according to a source with knowledge of the matter.
-
Centre Likely To Propose Removing Long-Term Tax Benefits For Debt Mutual Funds: Report
India may propose that investments in debt mutual funds be taxed as short-term capital gains, according to a source with knowledge of the matter, a move that could strip investors of the long-term tax benefits.
-
Unisoc Said to Seek CNY 10 Billion Funding as China Boots Domestic Chip Sector
Unisoc (Shanghai) Technologies is seeking to raise CNY 10 billion (INR conversion) in a new funding round, three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round. The fundraising comes as China ramps up efforts to boost its domestic chip sector.
-
Blockchain.com Faces $270 Million Hit From Loans To Bankrupt Three Arrows
Cryptocurrency exchange Blockchain.com could lose $270 million on its loans to bankrupt crypto hedge fund Three Arrows Capital (3AC), a source with knowledge of the matter said on Friday.
-
Crypto Rules Violators Could Be Fined Rs 20 Crore Or Get Jail Term: Report
India is considering appointing its capital markets regulator to oversee cryptocurrencies, according to people with knowledge of the matter, as authorities look to classify them as financial assets.
-
National Education Policy Will Make India Knowledge Capital, Says Piyush Goyal
Railways Minister Piyush Goyal today said that National Education Policy (NEP 2020) has given focus to innovation, entrepreneurship and skill development.
-
India Stymies Investment From Hong Kong Amid China Border Row: Report
India is subjecting foreign investment proposals from Hong Kong at par with China as part of a new policy that makes approval mandatory for plans from countries that share a land border, a person with the knowledge of the matter said.
-
Tesla Negotiating Incentives For Possible Texas Vehicle Assembly Plant: Report
Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday. Travis County Commissioners Court is scheduled to discuss terms of the deal on Tuesday, the paper reported, citing people with kno...
-
Ombudsman Summons Sourav Ganguly, BCCI Says Allow Him Only On Full Disclosure
The CoA, through BCCI CEO, has requested the Ombudsman "to allow" Ganguly to continue in his dual role.
-
Use Knowledge Capital To Help Poor, Needy: Chief Justice To Law Graduates
Chief Justice of India Dipak Misra on Sunday advised the graduating law students to put their knowledge capital and skills to help the poor and needy.
-
Accused Of Billion-Dollar Scam, Gurgaon Realtor Yet To Face Police Action
A Gurgaon-based real estate firm, IREO Group, has been accused of defrauding its investors of over a billion dollars - roughly Rs 10,000 crore - but not a single government agency has taken action.
-
Set Up Centre of Discovery: Abdul Kalam's Brother to Delhi Government
APJM Maraikayar, an elder brother of former President APJ Abdul Kalam, has urged Delhi Chief Minister Arvind Kejriwal to set up 'Kalam National Centre for Knowledge Discovery' in the capital in his memory.
-
SH Kelkar Hires 4 Banks for up to $125 Million IPO: Report
Fragrance maker S.H. Kelkar & Co, partly owned by Blackstone Group, has appointed four banks to raise between $100 million and $125 million through an initial public offering (IPO), three sources with direct knowledge of the matter told Reuters.
-
Varanasi: The City of Bharat Ratnas
Varanasi erupted in joy when the announcement of Bharat Ratna being conferred on Pandit Madan Mohan Malviya was made a week ago. One of the oldest cities of India, on the banks of the Ganga, Varanasi is also known as the capital of knowledge, a city that has produced five Bharat Ratnas.
