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Inclusion Into Startup Initiatives, Risk Mitigating Policies: BWA Lists Web3 Needs for Upcoming Government
The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...
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What Market Watchers Say About China Unrest And The Global Impact
Comments from market watchers on the China unrest after Chinese stocks slumped as recent monetary easing measures failed to offset investor worries.
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Rupee Takes A Breather As Dollar Pauses, But Oil Surge Weighs
Rupee Today: The rupee was almost flat early on Wednesday as the appeal for the Indian currency on the retreat in the dollar was offset by a surge in crude oil price above $100 per barrel.
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Sensex Takes Out 48,400 As Markets Extends Record Run; IT Stocks Lead Gains
Domestic stock markets recovered initial losses to push higher on Tuesday, with the S&P BSE Sensex index rising for a tenth session in a row, though uncertainty about Senate runoffs in Georgia -- which could have a big impact on incoming US President Joe Biden's economic policies -- kept investors cautious. The 30-scrip index slid to as low as 47,9...
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India's S-400 Missile Deal With Russia May Trigger US Sanctions: Report
India's multi-billion dollar deal to purchase the Russia-made S-400 air defence system may trigger US sanctions on New Delhi, a US Congressional report has warned.
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Centre Tweaks Defence Offset Policy, Allows Leasing Of Military Equipment
In a major move, India has done away with offset requirements for government-to-government defence deals and single-vendor contracts under a new policy unveiled on Monday for the procurement of arms and military platforms for the armed forces, officials said.
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"Opening Can Of Worms?" P Chidambaram On Auditor's Report On Rafale Deal
Congress leader P Chidambaram this morning attacked the government after the Comptroller and Auditor General of India (CAG), in a report, called for a review of the Defence Ministry's policy for offsets over the Rs 58,000-crore Rafale deal with French firm Dassault Aviation. The French firm is yet to transfer technical assistance to India as a part...
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Dassault Yet To Transfer Tech To India As Part Of Rafale Deal: Auditor
The Comptroller and Auditor General of India has sharply criticised the Defence Ministry's policy for offsets, which also governs the deal with France for 36 Rafale jets made by Dassault Aviation. The French firm has so far not made good on its offset obligation to the Defence Research and Development Organisation, the national auditor said in a re...
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RBI Cuts Rates, Allows 3-Month Pause On EMIs To Offset Coronavirus Impact
Reserve Bank of India (RBI) Governor Shaktikanta Das slashed the key lending rate by 75 basis points (0.75 percentage point) in an emergency move on Friday, to counter the economic fallout from the fast-spreading coronavirus pandemic. The move came after an unscheduled meeting of the Shaktikanta Das-headed Monetary Policy Committee, which was origi...
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Sensex Falls Over 100 Points Amid Choppy Trade, Nifty Below 12,050: 10 Things To Know
Domestic stock markets started Tuesday's session on a lower note, retreating from record levels, tracking declines in Asian peers. The S&P BSE Sensex index fell as much as 137.62 points to 40,130.00 in early trade and the NSE Nifty moved to 12,042.90, down 45.65 points from the previous close. The benchmark indexes opened lower and swung between ga...
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Sensex, Nifty Move In A Range Amid Choppy Trade: 10 Things To Know
Domestic stock markets moved in a narrow range switching between gains and losses early on Tuesday, as caution prevailed among investors ahead of the central bank's policy meet. The Sensex rose as much as 70 points to touch 36,653 in the first few minutes of trade after opening marginally lower while the Nifty moved up 16 points to hit 10,928. Both...
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India Has Rs 1,500 Crore Bank Guarantee On Offsets In Rafale Deal: Report
India has secured a bank guarantee for about Rs 1,500 crore from Dassault in the Rafale jet deal as a safeguard against any violations of the offset policy prepared in accordance with the Defence Procurement Procedure (DPP), a leading financial daily said on Friday.
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Has Offset Policy In Defence Deals Been Cancelled, Asks Congress Leader
Amid reports that the $5.4 billion Indo-Russian deal for the S-400 air defence missile system does not have any offset clause, Congress leader Manish Tewari today questioned if the offset policy in defence deals has been cancelled.
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Oil Surge Means Things May Get Lot Worse For Rupee This Year: Report
One positive for the rupee is that its implied volatility has remained lower than in 2013. That also perhaps explains the lack of aggressive intervention by the Reserve Bank of India in the currency market, even as policy makers have taken other measures.
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Stronger Climate Policies By India, China Will Offset Less US Action, Says Study
Global warming is likely to be slightly less severe than previously expected thanks to stronger climate policies by China and India that will offset less U.S. action under President Donald Trump, a study showed on Wednesday.
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Inclusion Into Startup Initiatives, Risk Mitigating Policies: BWA Lists Web3 Needs for Upcoming Government
The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...
-
What Market Watchers Say About China Unrest And The Global Impact
Comments from market watchers on the China unrest after Chinese stocks slumped as recent monetary easing measures failed to offset investor worries.
-
Rupee Takes A Breather As Dollar Pauses, But Oil Surge Weighs
Rupee Today: The rupee was almost flat early on Wednesday as the appeal for the Indian currency on the retreat in the dollar was offset by a surge in crude oil price above $100 per barrel.
-
Sensex Takes Out 48,400 As Markets Extends Record Run; IT Stocks Lead Gains
Domestic stock markets recovered initial losses to push higher on Tuesday, with the S&P BSE Sensex index rising for a tenth session in a row, though uncertainty about Senate runoffs in Georgia -- which could have a big impact on incoming US President Joe Biden's economic policies -- kept investors cautious. The 30-scrip index slid to as low as 47,9...
-
India's S-400 Missile Deal With Russia May Trigger US Sanctions: Report
India's multi-billion dollar deal to purchase the Russia-made S-400 air defence system may trigger US sanctions on New Delhi, a US Congressional report has warned.
-
Centre Tweaks Defence Offset Policy, Allows Leasing Of Military Equipment
In a major move, India has done away with offset requirements for government-to-government defence deals and single-vendor contracts under a new policy unveiled on Monday for the procurement of arms and military platforms for the armed forces, officials said.
-
"Opening Can Of Worms?" P Chidambaram On Auditor's Report On Rafale Deal
Congress leader P Chidambaram this morning attacked the government after the Comptroller and Auditor General of India (CAG), in a report, called for a review of the Defence Ministry's policy for offsets over the Rs 58,000-crore Rafale deal with French firm Dassault Aviation. The French firm is yet to transfer technical assistance to India as a part...
-
Dassault Yet To Transfer Tech To India As Part Of Rafale Deal: Auditor
The Comptroller and Auditor General of India has sharply criticised the Defence Ministry's policy for offsets, which also governs the deal with France for 36 Rafale jets made by Dassault Aviation. The French firm has so far not made good on its offset obligation to the Defence Research and Development Organisation, the national auditor said in a re...
-
RBI Cuts Rates, Allows 3-Month Pause On EMIs To Offset Coronavirus Impact
Reserve Bank of India (RBI) Governor Shaktikanta Das slashed the key lending rate by 75 basis points (0.75 percentage point) in an emergency move on Friday, to counter the economic fallout from the fast-spreading coronavirus pandemic. The move came after an unscheduled meeting of the Shaktikanta Das-headed Monetary Policy Committee, which was origi...
-
Sensex Falls Over 100 Points Amid Choppy Trade, Nifty Below 12,050: 10 Things To Know
Domestic stock markets started Tuesday's session on a lower note, retreating from record levels, tracking declines in Asian peers. The S&P BSE Sensex index fell as much as 137.62 points to 40,130.00 in early trade and the NSE Nifty moved to 12,042.90, down 45.65 points from the previous close. The benchmark indexes opened lower and swung between ga...
-
Sensex, Nifty Move In A Range Amid Choppy Trade: 10 Things To Know
Domestic stock markets moved in a narrow range switching between gains and losses early on Tuesday, as caution prevailed among investors ahead of the central bank's policy meet. The Sensex rose as much as 70 points to touch 36,653 in the first few minutes of trade after opening marginally lower while the Nifty moved up 16 points to hit 10,928. Both...
-
India Has Rs 1,500 Crore Bank Guarantee On Offsets In Rafale Deal: Report
India has secured a bank guarantee for about Rs 1,500 crore from Dassault in the Rafale jet deal as a safeguard against any violations of the offset policy prepared in accordance with the Defence Procurement Procedure (DPP), a leading financial daily said on Friday.
-
Has Offset Policy In Defence Deals Been Cancelled, Asks Congress Leader
Amid reports that the $5.4 billion Indo-Russian deal for the S-400 air defence missile system does not have any offset clause, Congress leader Manish Tewari today questioned if the offset policy in defence deals has been cancelled.
-
Oil Surge Means Things May Get Lot Worse For Rupee This Year: Report
One positive for the rupee is that its implied volatility has remained lower than in 2013. That also perhaps explains the lack of aggressive intervention by the Reserve Bank of India in the currency market, even as policy makers have taken other measures.
-
Stronger Climate Policies By India, China Will Offset Less US Action, Says Study
Global warming is likely to be slightly less severe than previously expected thanks to stronger climate policies by China and India that will offset less U.S. action under President Donald Trump, a study showed on Wednesday.
