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RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
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How Trump's 'Big, Beautiful Bill' Impacts Funds Transferred To India
In Donald Trump's "One Big Beautiful Bill," recently pushed through the House of Representatives, lies a provision that could change global remittance flows, and India, the world's leading recipient of remittances, could be impacted the most.
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Adani Group Outperforms In Infra, Records 16.5% Return On Assets
The Adani Portfolio of companies on Thursday reported a landmark fiscal result for FY25, as EBITDA scaled to an all-time high of Rs 89,806 crore ($10.5 billion), up 8.2 per cent year-on-year.
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Trump Says Will Cut Funding For US Schools Allowing "Illegal Protests"
US President Donald Trump said Tuesday that he will cut funding for schools that allow "illegal protests," his latest threat to turn off the flow of federal money to the country's education system.
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Big Cut For Intelligence Units In Nirmala Sitharaman's Budget 2025
Intelligence gathering has taken a back seat in the Union Budget 2025-26 as the Centre has reduced the flow of funds of several verticals that deal with intelligence collection and dissemination.
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Centre Allocates Rs 20 Crore For Financial Assistance To Poor Prisoners To Seek Bail
For efficient implementation of the scheme and seamless flow of funds from the Centre to the states, the states were asked to take a number of steps in this regard.
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Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
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"Centre Is Not Hostile To Tamil Nadu" On Funds' Flow: Nirmala Sitharaman
The Centre was never hostile towards Tamil Nadu, Kerala or any other state on ensuring funds flow and had made advance payments and even released funds to foster infrastructure development, Union Finance Minister Nirmala Sitharaman said on Thursday.
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‘Wait is Frustrating’: Indian Crypto Players Fear Losing Web3 Talent, Funding Amid Legal Delays
In conversation with Gadgets 360, Kumar Gaurav, the founder and CEO of Cashaa said that the wait for India to finally get its crypto laws is ‘undeniably frustrating’ for industry players. Indian crypto community members like Gaurav are concerned that the delay in India getting its comprehensive crypto laws could result in required assets flowin...
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Curbing Crypto Wash Sales, Spiking Capital Gains Among Biden’s Budget Proposal: Report
US President Joe Biden could be zeroing-in on clamping down crypto wash sales as part of his upcoming Budget speech. Biden’s budget could further explore the idea of doubling the capital gains tax rate for investors. Both of these ideas are aimed at bringing in more flow of capital in the US market, that is currently struggling with inflation.
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Facebook Parent Meta Asked by Shareholder to Cut Jobs, Spending in Open Letter to CEO Mark Zuckerberg
Meta shareholder Altimter said on Monday that the Facebook parent needs to cut jobs and spending, as the firm has lost investor confidence as it ramped up spending and pivoted to the metaverse. The hedge fund, which has a 0.1 percent stake in the company said that huge investments "in an unknown future is super-sized and terrifying, even by Silicon...
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Dapper Labs Raises $725 Million Fund to Help Expand Flow Blockchain Ecosystem
NBA Top Shot creator Dapper Labs has announced the launch of a $725 million (roughly Rs. 5,600 crore) ecosystem fund for Flow blockchain "designed to hypercharge innovation and growth across the Flow community."
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BJP Holds Protest Across Tamil Nadu Over Property Tax Hike
The BJP held a protest across Tamil Nadu on Friday against the property tax hike by the state government. Chief Minister M K Stalin has said his DMK government was constrained to revise the property tax to ensure funds flow to civic bodies so the ne
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Tamil Nadu Government To Revise Property Tax, Chief Minister Explains Why
Tamil Nadu Chief Minister MK Stalin said his DMK government was constrained to revise the property tax to ensure funds flow to the newly elected civic bodies so as to facilitate developmental activities.
-
In Landmark Climate Pledge, China Promises To End Coal Funding Overseas
China will stop funding coal projects overseas, President Xi Jinping announced Tuesday, all but ending the flow of public aid for the dirty energy contributing to the climate crisis.
-
RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
-
How Trump's 'Big, Beautiful Bill' Impacts Funds Transferred To India
In Donald Trump's "One Big Beautiful Bill," recently pushed through the House of Representatives, lies a provision that could change global remittance flows, and India, the world's leading recipient of remittances, could be impacted the most.
-
Adani Group Outperforms In Infra, Records 16.5% Return On Assets
The Adani Portfolio of companies on Thursday reported a landmark fiscal result for FY25, as EBITDA scaled to an all-time high of Rs 89,806 crore ($10.5 billion), up 8.2 per cent year-on-year.
-
Trump Says Will Cut Funding For US Schools Allowing "Illegal Protests"
US President Donald Trump said Tuesday that he will cut funding for schools that allow "illegal protests," his latest threat to turn off the flow of federal money to the country's education system.
-
Big Cut For Intelligence Units In Nirmala Sitharaman's Budget 2025
Intelligence gathering has taken a back seat in the Union Budget 2025-26 as the Centre has reduced the flow of funds of several verticals that deal with intelligence collection and dissemination.
-
Centre Allocates Rs 20 Crore For Financial Assistance To Poor Prisoners To Seek Bail
For efficient implementation of the scheme and seamless flow of funds from the Centre to the states, the states were asked to take a number of steps in this regard.
-
Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
-
"Centre Is Not Hostile To Tamil Nadu" On Funds' Flow: Nirmala Sitharaman
The Centre was never hostile towards Tamil Nadu, Kerala or any other state on ensuring funds flow and had made advance payments and even released funds to foster infrastructure development, Union Finance Minister Nirmala Sitharaman said on Thursday.
-
‘Wait is Frustrating’: Indian Crypto Players Fear Losing Web3 Talent, Funding Amid Legal Delays
In conversation with Gadgets 360, Kumar Gaurav, the founder and CEO of Cashaa said that the wait for India to finally get its crypto laws is ‘undeniably frustrating’ for industry players. Indian crypto community members like Gaurav are concerned that the delay in India getting its comprehensive crypto laws could result in required assets flowin...
-
Curbing Crypto Wash Sales, Spiking Capital Gains Among Biden’s Budget Proposal: Report
US President Joe Biden could be zeroing-in on clamping down crypto wash sales as part of his upcoming Budget speech. Biden’s budget could further explore the idea of doubling the capital gains tax rate for investors. Both of these ideas are aimed at bringing in more flow of capital in the US market, that is currently struggling with inflation.
-
Facebook Parent Meta Asked by Shareholder to Cut Jobs, Spending in Open Letter to CEO Mark Zuckerberg
Meta shareholder Altimter said on Monday that the Facebook parent needs to cut jobs and spending, as the firm has lost investor confidence as it ramped up spending and pivoted to the metaverse. The hedge fund, which has a 0.1 percent stake in the company said that huge investments "in an unknown future is super-sized and terrifying, even by Silicon...
-
Dapper Labs Raises $725 Million Fund to Help Expand Flow Blockchain Ecosystem
NBA Top Shot creator Dapper Labs has announced the launch of a $725 million (roughly Rs. 5,600 crore) ecosystem fund for Flow blockchain "designed to hypercharge innovation and growth across the Flow community."
-
BJP Holds Protest Across Tamil Nadu Over Property Tax Hike
The BJP held a protest across Tamil Nadu on Friday against the property tax hike by the state government. Chief Minister M K Stalin has said his DMK government was constrained to revise the property tax to ensure funds flow to civic bodies so the ne
-
Tamil Nadu Government To Revise Property Tax, Chief Minister Explains Why
Tamil Nadu Chief Minister MK Stalin said his DMK government was constrained to revise the property tax to ensure funds flow to the newly elected civic bodies so as to facilitate developmental activities.
-
In Landmark Climate Pledge, China Promises To End Coal Funding Overseas
China will stop funding coal projects overseas, President Xi Jinping announced Tuesday, all but ending the flow of public aid for the dirty energy contributing to the climate crisis.
