FINA
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Government tweaks angel tax valuation rules to address investors concern 

Angel tax is imposed when an unlisted firm issues shares to an investor at a price higher than its fair market value (FMV).

published on : 27th September 2023
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Bajaj Finance’s USD1 billion fundraising plan triggers stock rerating, share up 5 per cent

Brokerage firm Motilal Oswal Financial Services also feels the stock can rise further after the company’s fundraising announcement.  

published on : 26th September 2023
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BJP activists told to remove apprehensions of people

State BJP chief D Purandeswari alleged that Finance Minister Buggana Rejendranath Reddy was misleading people with lies pertaining to the poor financial status of the state.

published on : 25th September 2023
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Real GDP to grow at 6.5%  in FY 2024: Finance Ministry

The review pointed to encouraging signs of economic activity, citing high-frequency indicators like record e-way bill generation and electronic toll collections.

published on : 23rd September 2023
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Household sector not in distress; people buying vehicles, homes on mortgages: Finance Ministry

The finance ministry also says that the concern over the drop in net household savings is unwarranted as the figures cited are ‘flow’ numbers or net additions in FY23.

published on : 21st September 2023
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Odisha Government announces special aid for betel leaf & kia farmers

The farmers will be provided financial aid in a special scheme from state projects

published on : 18th September 2023
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Asia Cup 2023: With slow track expected for final, Sri Lanka rely on spinners and home factor

The Sri Lanka skipper said his team is ready to face India in the big final.

published on : 16th September 2023
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Asia Cup 2023 final: India's chance to end trophy drought

Having not won a multi-team tournament since September 2018, the Asia Cup final gives Rohit & Co. a chance get back to winning habit before World Cup.

published on : 16th September 2023
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Asia Cup: India look to snap five-year trophy-less streak in final against Sri Lanka

A glance at India's trophy cabinet will reveal the uncomfortable truth of them not winning any titles in the last five years, and Sunday will be a good opportunity for them to snap that unhappy streak

published on : 16th September 2023
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Finance Ministry? notifies 31 state benches of GST appellate tribunal

Setting up of state-level benches of GSTAT would help businesses by way of faster dispute resolution.

published on : 15th September 2023
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CM Naveen Patnaik announces Rs 10L each for Asian Games-bound athletes

Asian Games, known for bringing together elite athletes from across the continent, offers a platform to showcase the dedication and talent of athletes.

published on : 14th September 2023
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Kerala third in own tax revenue growth: Finance Minister K N Balagopal

He said that the reduction in tax devolution, the end of GST compensation and the slashing of borrowing limit are the reasons for the present crisis and blamed the central government for it.

published on : 14th September 2023
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Kerala wants Finance Commission to use 1971 census data for tax devolution

Kerala also calls for a balanced approach to off-budget operations by both the central and state governments, highlighting the need for consistent treatment in this regard.

published on : 14th September 2023
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Humbert beats Wawrinka to help France top Switzerland at Davis Cup Finals

Australia and Britain square off in Group B on Wednesday in Manchester.

published on : 13th September 2023
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G20 Declaration fails to send strong message for action against fossil fuels: Climate experts

Wealthy nations bear a disproportionate share of historical responsibility and their inadequate commitment to the G20 declaration would further worsen the situation.

published on : 13th September 2023
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Centre sanctions final survey of Jajpur Road-Dhamra new rail line in Odisha

The railway line will connect important religious and tourist destinations in Jajpur, Bhadrak and Kendrapara districts.

published on : 13th September 2023
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89% customers in Karnataka prefer MFIs over other lenders

The summit observed the importance of MFIs in providing financial services to the poor and low-income households in rural and urban India with over seven crore borrowers benefitting from it.

published on : 13th September 2023
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Gift City project awaits land-acquisition funds

Gift City has the potential to transform Kochi into one of the biggest financial centres in the country, say officials.

published on : 11th September 2023
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The trap is just a click away

Loan apps lend money without documentation, but charge high interest rates, harass and blackmail to extort more from borrowers.

published on : 11th September 2023
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G20 members must mobilise domestic resources for climate finance: IMF Chief

Kristalina Georgiev said in order to make the global economy resilient in a more shock-prone world, it is vital to reach an agreement to increase the IMF’s quota resources before the end of the year.

published on : 10th September 2023
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