New Delhi, Mar 22 (PTI) Chartered accountants' apex body ICAI will be preparing a research paper on cryptocurrencies that will cover various aspects, including taxation implications.ICAI President Debashis Mitra on Tuesday said the institute is working on a research paper on cryptocurrencies, which is expected to be ready in one-and-a-half months.Currently, cryptocurrencies are unregulated in [...]
New Delhi, Mar 22 (PTI) Rating agency Fitch on Tuesday slashed India's growth forecast for the next fiscal to 8.5 per cent from 10.3 per cent, citing soaring energy prices and rising inflation on account of the Russia-Ukraine war.It has revised upwards the GDP growth forecast for the current fiscal by 0.6 percentage points to [...]
The government is closely monitoring the global commodity price movements and their impact on the Indian economy through trade in the aftermath of global supply disruptions amid the Russia-Ukraine war, Parliament was informed on Tuesday. Minister of State for Finance Pankaj Chaudhury said the government is also committed to supporting initiatives for releases from Strategic [...]
Tuesday, March 22: Jindal Institute of Behavioural Sciences (JIBS), a value-based research Institute of O.P. Jindal Global University organised Brain Awareness Week in India from March 14-20. This year JIBS specifically focused on brain-related issues among children with special needs and the elderly population. The Brain Awareness Week is a worldwide campaign aimed at increasing [...]
Mumbai, Mar 22 (PTI) In the industry's first, pharma major Glenmark has raised USD 228 million in sustainability-linked loan (SLL) from a consortium of foreign lenders, led by Bank of America. Bank of America, the sole underwriter of the entire loan, has extended USD 50 million, and Cincinnati, Ohio-based Fifth Third Bank chipped in with 30 [...]
New Delhi, Mar 22 (PTI) The Central Consumer Protection Authority (CCPA) has ordered discontinuation of certain misleading advertisements of Sensodyne toothpaste within seven days and imposed a penalty of Rs 10 lakh on the manufacturer. An official release on Tuesday stated that advertisements of Sensodyne products which make the claims 'Recommended by dentists worldwide' and [...]
Gwalior, Mar 22 (PTI) The Madhya Pradesh cyber police have directed various telecom companies to block SIM cards issued on fake identity proofs, following which a leading firm has blocked nearly 8,000 SIM cards, a senior official said on Tuesday. Acting on the complaint of a person who was allegedly duped of Rs 1.75 lakh [...]
New Delhi, Mar 22 (PTI) Expressing disappointment over the slow pace of work for the construction of phase-I of the India International Convention Centre project, a Parliamentary panel on Tuesday asked the DPIIT to closely monitor its progress.Located in Sector 25, Dwarka here, the India International Convention Centre (IICC) will be a modern exhibition-cum-convention centre, [...]
Chennai, Mar 22 (PTI): Industrial artificial intelligence and software as a service enterprise provider Detect Technologies on Tuesday said it has signed a global agreement with energy company Shell to deploy its integrated AI Solution 'T-Pulse' across operations of the Shell. This makes Detect -- the first technology start up which was part of the [...]
Chennai, Mar 22 (PTI) The mikeless concert aimed at providing opportunities for children below the age of 15 years, organised by city headquartered non-banking finance company Sundaram Finance would be conducted after a gap of two years, the company said on Tuesday. The monthly concert, organised on the first Sunday of every month at the [...]
