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The safe harbour regime proposed in the Union Budget for component warehousing linked to manufacturing could offer multinational companies a comparable or better post-tax cost structure, along with lower regulatory risk, Finance Ministry sources told PTI.The proposal, which targets supply chain efficiency for electronics manufacturing, is expected to result in an effective tax of about…
Against the backdrop of global challenges and heightened uncertainty, the Survey has backed reforms, including regulatory entities, and called for “creating a cadre of professionals”, who are adept in regulatory design and implementation, to improve the ease of doing business.“Policy reforms do matter. Process reforms arguably more so. Processes define the interaction between govt and…
Walmart-backed digital payments firm PhonePe on Tuesday received regulatory approval from market watchdog SEBI for its initial public offering. The clearance marks a key milestone for one of India’s most anticipated fintech listings.The approval follows PhonePe’s confidential filing for an IPO in September, according to Reuters. The company is now expected to file its Updated…
Indian banks are likely to benefit from enhanced regulatory oversight by the Reserve Bank of India (RBI) and a more robust supervisory toolkit, which should lower systemic risks and improve the sector’s operating environment, global rating agency Fitch said in a report.Fitch noted that these regulatory shifts, combined with strong economic growth prospects and reduced…
Governor Malhotra is of the opinion that inflation will stay low or manageable, and the policy rates will be low for a prolonged period. The Reserve Bank cut its key rates at four of the six monetary policy reviews of 2025 by a cumulative 1.25 per cent, courtesy inflation touching record lows, in what the…
India holds the world’s third-largest reserves of rare earths at 6.9 million tonnes, yet its contribution is not even 1 per cent of the global production. A new report from Amicus Growth, cited by ANI, underlined this gap between resource potential and actual production on the part of India, while China leads in the global…
NEW DELHI: Markets regulator Sebi on Sunday clarified that there is no change in the existing regulatory framework for short selling. The clarification comes after a media reported about changes in the short selling framework that would become applicable from December 22, 2025. “In this context, Sebi expressly clarifies that there is no change in…
Rush at an IndiGo counter NEW DELHI: Taking serious note of the unusually high airfares amid IndiGo’s ongoing crisis, the Centre on Saturday invoked its regulatory powers to ensure reasonable pricing across the affected routes.“In order to protect passengers from any form of opportunistic pricing, the Ministry has invoked its regulatory powers to ensure fair…
Oppo, Vivo, Lenovo-Motorola, Haier, Midea and other top Chinese electronic companies are relying on group companies to fund their Indian operations, according to the Registrar of Companies filings. Most of the funds received are from external commercial borrowing route from linked parties.According to sources cited by ET, this comes as the entities face a roadblock…
The four new labour codes have significantly reduced the number of offences that carry imprisonment, cutting them to 22 from 87 earlier, according to a senior government official, ET reported.Of these, 16 offences are compoundable, while only six sections now provide for imprisonment along with higher fines for first-time violations related to safety and social…
