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Info Edge Files FIR Against Rahul Yadav and Associates for Fraud

Info Edge Files FIR Against Rahul Yadav and Associates for Fraud

02 Dec 2024 11:52 AM IST

Info Edge (India) Limited, the parent company of Naukri.com and Shiksha.com, has taken a strong stand by filing an FIR against Rahul Yadav. The complaint, registered on November 29 at Bandra Police Station, accuses Yadav and three others—Devesh Singh, Pratik Choudhary, and Sanjay Saini—of financial fraud and misusing company funds.
Punit Goenka Ousted From Zee Board After 19 Years

Punit Goenka Ousted From Zee Board After 19 Years

01 Dec 2024 23:20 PM IST

Over the past year, Zee’s stock value has dropped by 50%, with a 55% decline year-to-date.
JP Morgan Reports 6.7% Growth for India in in H2 FY25

JP Morgan Reports 6.7% Growth for India in in H2 FY25

01 Dec 2024 17:01 PM IST

India’s economic growth is anticipated to accelerate to 6.7% in the second half (H2) of the fiscal year, with a full-year GDP growth forecast of 6.4% for 2024-25, according to a recent report by JP Morgan. The Indian economy grew at a disappointing 5.4% during the July-September quarter of 2024,
Singapore Tops FDI Inflows to India, Contributing 50% in July-September quarter

Singapore Tops FDI Inflows to India, Contributing 50% in July-September quarter

01 Dec 2024 13:30 PM IST

Singapore has emerged as the largest source of Foreign Direct Investment (FDI) to India in the July-September quarter of 2024-25, accounting for 50% of the total inward investments. According to data released by the Department for Promotion of Industry and Internal Trade (DPIIT), FDI inflows from Singapore exceeded USD 7.5
Secure Texting: TRAI Introduces New Guidelines to Track Commercial Message Senders

Secure Texting: TRAI Introduces New Guidelines to Track Commercial Message Senders

01 Dec 2024 13:24 PM IST

The Telecom Regulatory Authority of India (TRAI) has implemented various measures to ensure the secure transmission of text messages, including provisions for the comprehensive tracing of senders of commercial communications. To enhance message traceability, TRAI issued a direction on August 20 and mandated that all commercial messages from senders to
Finance Minister to Introduce Banking Laws Bill (Amendment), 2024 in Lok Sabha

Finance Minister to Introduce Banking Laws Bill (Amendment), 2024 in Lok Sabha

01 Dec 2024 11:53 AM IST

Union Finance Minister Nirmala Sitharaman is likely to introduce the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha on Monday. As per the schedule issued by the secretariat, Sitharaman is expected to move the Bill further to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act,
RBI Data Shows Eighth Consecutive Weekly Decline in Forex Reserves

RBI Data Shows Eighth Consecutive Weekly Decline in Forex Reserves

01 Dec 2024 09:02 AM IST

India’s foreign exchange (forex) reserves declined for the eighth consecutive week, reaching a multi-month low of USD 656.582 billion as of the week ending November 22, according to data from the Reserve Bank of India (RBI). The forex reserves dropped by about USD 1.310 billion in the reporting week. The
WATCH | Gautam Adani Responds To US Fraud Charges: “Every Attack Makes Us Stronger”

WATCH | Gautam Adani Responds To US Fraud Charges: “Every Attack Makes Us Stronger”

01 Dec 2024 00:14 AM IST

Gautam Adani addresses fraud allegations filed by US prosecutors, pledging adherence to compliance and calling accusations "baseless."
December 2024 Bank Holidays: Banks To Be Closed On 17 Days | Check Here

December 2024 Bank Holidays: Banks To Be Closed On 17 Days | Check Here

30 Nov 2024 16:42 PM IST

India observes a variety of bank holidays annually, including national events, regional festivals, and other significant occasions. The Reserve Bank of India (RBI) determines the schedule for bank holidays, which also includes closures for Real-Time Gross Settlement (RTGS) and specific limitations on account access for both public and private banks.
Tax Exemption for Seniors: Understanding the Real Income Tax Rule

Tax Exemption for Seniors: Understanding the Real Income Tax Rule

30 Nov 2024 12:06 PM IST

A viral message claimed that senior citizens aged 75 and above no longer need to pay income tax or file returns. The message suggested this exemption was a government initiative for India’s 75th Independence anniversary. However, the PIB Fact Check unit confirmed this claim is false. What Did the Message
SEBI Slaps Rs 9 Lakh Fine On Reliance Securities For Violating Market Regulations

SEBI Slaps Rs 9 Lakh Fine On Reliance Securities For Violating Market Regulations

29 Nov 2024 22:43 PM IST

The Securities and Exchange Board of India (SEBI) imposed a fine of ₹9 lakh on Reliance Securities for violating market norms and stock broker rules, as announced on Friday. This action followed an inspection conducted by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on the accounts
Crypto Tycoon Devours 6.2M Dollar Banana Artwork: ‘Tastes Quite Good’

Crypto Tycoon Devours 6.2M Dollar Banana Artwork: ‘Tastes Quite Good’

29 Nov 2024 19:41 PM IST

Justin Sun, the cryptocurrency entrepreneur, grabbed attention on Friday by fulfilling a quirky promise tied to his $6.2 million art purchase. The artwork, Comedian by Italian artist Maurizio Cattelan, features a banana taped to a wall. Sun pledged to eat the banana after buying it, and he delivered on his
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