Govt Confident of Keeping 2021-22 Borrowing Costs Below 6 percent: Sources

Bond yields surged on Friday following the central bank’s policy meeting amid investor concerns about market liquidity and the government’s 12.06 trillion Indian rupee borrowing programme. Sanjhi Soch buero :The Indian government is confident that...

Voda Tax Case: India Files Application in Singapore High Court Against Arbitration Panel Verdict

An international arbitration court had in September last year rejected tax authorities' demand for Rs 22,100 crore in back taxes and penalties relating to British telecom giant Vodafone's 2007 acquisition of an Indian operator. New...

Bitcoin Hits Record High, Crosses $43,000 after Tesla’s $1.5 Billion Investment

Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future, prompting a 7%...

Delhi HC Stays Direction to Maintain Status Quo on Future-Reliance Deal

The bench also declined US e-commerce giant Amazon's request to keep its order in abeyance for a week so that it can explore appropriate remedies. Sanjhi Soch buero :The Delhi High Court on Monday stayed...

India’s Coal Import Rises by 15% to 23.63 MT in December: Report

However, the country's coal import dropped by 13.5 per cent to 160.79 MT in the April-December period of the ongoing fiscal compared to 185.88 MT in the same period last fiscal. Sanjhi Soch buero :The...

Maharashtra Budget May Have Shortfall of Rs 1 Lakh Crore: Deputy CM Ajit Pawar

Maharashtra Deputy CM Ajit Pawar said the Centre is yet to release dues of Rs 25,000 crore for this year under 'one nation one tax' programme, but the situation is changing now and money...

Exports From UK To EU Down 68% Since Brexit Trade Deal, Say Hauliers

Exports from Britain to the European Union fell by 68% in January as trade was disrupted after the end of a transition period following Britain's departure from the European Union, according to a trade...

Three Final Offers Received for PMC Bank Resolution, Says RBI Governor Shaktikanta Das

Dixit, in his letter to customers and shareholders dated January 18, 2021, wrote that initially, four investors had shown their interest but three went ahead with the further process. Sanjhi Soch buero :Three investors have...

Nirav Modi’s Remand Extended in UK Until Extradition Judgment on February 25

District Judge Angus Hamilton informed Modi that he would most likely be appearing again via videolink on the day of the ruling, which will decide whether the 49-year-old jeweller has a case to answer...

Foreign Exchange Reserves Jump $ 4.85 Billion to Record $ 590.18 Billion

In the previous week ended January 22, the reserves rose by $ 1.09 billion to $ 585.33 billion. Sanjhi Soch buero :The country's foreign exchange reserves rose $ 4.85 billion to touch a record high...