The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a […]
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The United States Department of State issued a statement announcing plans to impose visa restrictions on the travel agents aiding “illegal immigration” into the US. In a major announcement, the US State Department on Monday said that it is initiating action to impose visa restrictions on owners and senior officials of Indian travel agencies for […]
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Cash transactions are now under strict scrutiny by the Income Tax Department. In recent times, the Department along with various investment platforms like banks, mutual fund houses, and brokerage platforms, has imposed stricter regulations on cash transactions for the general public. These institutions now have set limits on cash transactions and anyone exceeding these limits […]
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Vaishnaw said that while some of the big players have applied, there has been huge interest in the scheme from small and medium players. The Government has received 70 applications for Rs 23,000-crore electronics component manufacturing scheme and majority of applicants are small and medium enterprises, Union Minister, Ashwini Vaishnaw said. These applications have come […]
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Bridging the Gender Gap in the Digital World Introduction: World Telecommunication and Information Society Day (WTISD) is celebrated annually on May 17 to mark the founding of the International Telecommunication Union (ITU) and the signing of the first International Telegraph Convention in 1865. The day aims to raise awareness about the possibilities that the use of the Internet and other information and communication […]
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Indian Government on late Thursday wasted no time in appointing the multi-crore hospitality major Bird Group (that manages a portfolio of Roseate hotels in UK and India) along with Air India as the two primary ground handling (GH) operators, hours after annulling the operations of controversial Turkey company Celebi. Further, according to late night discussion, […]
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Union Minister of Commerce and Industry, Piyush Goyal held a meeting in Delhi with key stakeholders from the electronics industry to deliberate on the implementation of horizontal Quality Control Orders (QCOs). The meeting aimed at strengthening consumer safety by ensuring better quality standards for electrical appliances across the country. In a social media post, the […]
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APIIC, VC & MD, Abhishikt Kishore and other senior officials participated in the meeting held at the APIIC headquarters in Mangalagiri. Andhra Pradesh Minister for MSME, SERP and NRI Empowerment and Relations, Kondapalli Srinivas on Thursday reviewed the status of the proposed 175 MSME Parks across the State with focus on accelerating land allotment and […]
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Whether you are applying for a fresh passport or renewing an existing one, here are the five major changes Indian passports will see this year. Indian passports are getting a significant upgrade, with a mix of tech advancements and process updates aimed at making them more secure and efficient. From a mandatory Birth Certificate requirement to […]
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With these latest approvals, over 3,700 startups have now benefited from the scheme since its launch. As per a Commerce Ministry statement, the approvals came during the 79th and 80th meetings of the Inter-Ministerial Board (IMB), with 75 startups cleared in the 79th meeting and 112 in the 80th, held on 30 April. The Department […]
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