In this issue

March 25, 2023

STT hike on options likely to make a dent in volumes

FY22 study had shown that 9 in 10 options traders had incurred losses

2 mins

Rahul Gandhi disqualified as LS member after conviction

Rahul Gandhi was stripped of his membership of the Lok Sabha on Friday, a day after a Surat court convicted him in a defamation case.

2 mins

ADANI SHARE ROUT: LIC may put caps on investment exposure

Life Insurance Corporation of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its investment in Adani group companies.

1 min

Govt to scrap LTCG tax benefits on debt MFs

STT ON SELLING OPTIONS RAISED. CURIMAL CHOUDHARY RELIEF FOR TAXPAYERS WITH INCOME SLIGHTLY ABOVE ₹7 LAKH. NO RESPITE GIVEN FOR START-UPS FROM ANGEL TAX

2 mins

CABINET EXTENDS UJJWALA SUBSIDIES BY 1 YEAR, HIKES DA

The government has extended the Rs 200 per cylinder subsidy given for the Pradhan Mantri Ujjwala Yojana by one more year.

1 min

Finance secy to head panel on pension schemes: FM

Finance Secretary T V Somanathan would head a committee to look into the pension issues of government employees, Finance Minister Nirmala Sitharaman said on Friday.

2 mins

WARNING SIGNS? DEFAULT SWAPS OF DEUTSCHE BANK, UBS SHOW A SPIKE

European banking stocks fall sharply EU leaders gather to gauge risk of contagion

1 min

Debt mutual fund tax rejig to impact fund houses

Industry expects inflows shrinking in the medium to long-horizon debt funds

3 mins

Anxiety at peak': Accenture layoff move jolts Indian IT professionals

“What does non-billable function mean?”

2 mins

Airtel 5G pips Jio to reach 500 cities

Adds 235 cities to network

2 mins

Pegatron in talks for 2nd India factory

Apple's Taiwanese supplier Pegatron is in talks to open a second India factory, said two sources with direct knowledge of the matter, as the US tech giant's partners continue to diversify production away from China.

1 min

Aircraft bird hit incidents jump by 52% in 2022: DGCA

The Indian airspace saw a 52 per cent jump in bird strike incidents in 2022 as commercial aviation picked up significant pace after the pandemic.

2 mins

Despite layoffs, Accenture Q2 outlook a relief for IT firms

Firm logs record 11.4 bn in managed service bookings

2 mins

RBI board reviews domestic, global economic situations

MPC to meet 6 times in FY24; first meeting from April 3 to 6

1 min

MADHYA PRADESH: Policy seeks to attract youth in election year

As Madhya Pradesh heads towards elections later in the year, Chief Minister Shivraj Singh Chouhan on Thursday launched a youth policy and youth portal during the \"Youth Mahapanchayat\" in Bhopal.

1 min

G20 meet to focus on fair, inclusive trade

Accelerating global trade to mitigate poverty and income inequality, and making growth more inclusive will be one of the key focus areas in the G20's trade and investment working group that will kick-start next week in Mumbai.

1 min

14 parties move SC against 'misuse' of probe agencies

Fourteen political parties, led by the Congress, on Friday moved the Supreme Court alleging 'misuse' of central probe agencies, such as the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI), against opponents.

2 mins

Hindenburg disaster: Jack Dorsey loses $526 million in hours

Block co-founder Jack Dorsey's net worth hammered after Hindenburg Research's latest report, which alleged the payments company ignored widespread fraud.

1 min

The TikTok challenge

New technology tends to lead to some unpredictable outcomes. Take TikTok (TT). Who would have thought an app that allowed users to make 15-second videos would have turned into a security risk that led to multiple governments frothing at the mouth? Consider the tech trajectory that led to TT.

3 mins

India sets 2025 target to take down tuberculosis

STARTS 3-MONTH COURSE FOR PREVENTION. GENERIC LOW-COST VERSIONS OF J&J'S MDR-TB DRUG LIKELY TO BOOST FIGHT AGAINST DISEASE

2 mins

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