ICICI Securities pays Rs 40.2 lakh to settle case with SEBI

ICICI Securities pays Rs 40.2 lakh to settle case with SEBI

Tuesday, 07 January 2025 | PTI | New Delhi

Brokerage firm ICICI Securities on Monday settled a case pertaining to the alleged violation of stock brokers rules with capital markets regulator Sebi, after paying Rs 40.2 lakh towards settlement charges.  The order came after ICICI Securities proposed to settle the matter without "admitting or denying the facts and conclusions of...

Budget: CII suggests seven-point agenda for employment generation

Monday, 06 January 2025 | PTI | New Delhi

The upcoming annual budget for FY26 could announce further measures to boost employment generation, CII said on Sunday, emphasising that job creation at a mass scale is important to engage the young population productively, and drive inclusive growth in the world’s most populous nation. The industry body has suggested a seven-point...

Govt to launch another round of PLI scheme for steel sector

Monday, 06 January 2025 | PTI | New Delhi

he government will launch another round of production-linked incentive scheme for the steel sector on Monday. The ‘PLI scheme 1.1’ will be launched by the steel minister H D Kumaraswamy. “Union Minister of Steel and Heavy Industries...Will launch ‘PLI scheme 1.1’ for the steel industry and call for applications...On January 6,” the...

FDI in India growing rapidly: Goyal

Monday, 06 January 2025 | PTI | New Delhi

FDI inflows into the country are surging, with investors from the Middle East, Japan, European Union, and the US recognising India’s status as a top investment destination, driving rapid economic growth and generating millions of new jobs, Commerce and Industry Minister Piyush Goyal has said. He said that global investors are...

World Bank to approve USD 20 bn lending package for Pakistan: Report

World Bank to approve USD 20 bn lending package for Pakistan: Report

Sunday, 05 January 2025 | PTI

The World Bank is set to approve a USD 20 billion indicative lending package for Pakistan – a pioneering 10-year initiative to protect its funded projects from political transitions and focus on six targeted areas, according to a media report. The programme, titled "Pakistan Country Partnership Framework 2025-35", aims to improve...

Data protection rules balance regulation & innovation while safeguarding citizens' rights: Vaishnaw

Data protection rules balance regulation & innovation while safeguarding citizens' rights: Vaishnaw

Saturday, 04 January 2025 | PTI | New Delhi

The draft data protection rules released by the government create a balance between regulation and innovation while protecting citizen rights, Union minister Ashwini Vaishnaw said on Saturday. The government issued draft rules for the Digital Personal Data Protection (DPDP) Act on Friday for public consultation till February 18. "Rules have to be...

Some people trying to disturb peace in name of caste politics: PM Modi

Some people trying to disturb peace in name of caste politics: PM Modi

Saturday, 04 January 2025 | PTI | New Delhi

Prime Minister Narendra Modi on Saturday said some people are trying to disturb peace in the name of caste politics and called for thwarting such designs to preserve the social harmony in rural parts of the country. Inaugurating the Grameen Bharat Mahotsav, the Prime Minister exuded confidence that villages will play...

ICAI seeks tax benefits to promote climate change mitigation strategies

ICAI seeks tax benefits to promote climate change mitigation strategies

Saturday, 04 January 2025 | PTI | New Delhi

Chartered accountants’ apex body ICAI has sought tax benefits for promoting climate change mitigation strategies and a separate section for income from shares and securities in the income tax returns form. Besides, the Institute of Chartered Accountants of India (ICAI) has sought a special tax regime for partnership firms and limited...

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