Latest News, Updates & Breaking Headlines
Markets regulator Sebi has introduced a new framework to classify stock market benchmarks as “significant indices” if mutual fund schemes tracking them have a daily average cumulative assets under management (AUM) of more than Rs 20,000 crore for each of the preceding six months, PTI reported.The move is aimed at strengthening transparency, governance and accountability…
New Delhi: Residential buildings under 24 metres in height — a category that includes a large number multi-storey homes, such as the ill-fated one in Delhi’s Vivek Vihar — will fall outside the scope of “fire and life safety” provisions under the newly notified National Building Construction Standards (NBCS), which replaced the National Building Code…
The old rule for deadly heat was simple enough: if the wet-bulb temperature hit 35°C, that’s when humans can’t survive. That’s been the standard for years. But a team of researchers just threw that number into question, and what they found is honestly pretty concerning, especially if you’re older or someone who spends time outside…
NEW DELHI: The government has raised Power Grid Corporation of India Ltd’s (Powergrid) equity investment ceiling in each subsidiary from Rs 5,000 crore to Rs 7,500 crore, in a move designed to bolster funding for large transmission projects and renewable energy evacuation.The cabinet committee on economic affairs (CCEA), chaired by Prime Minister Narendra Modi, approved…
The Central Board of Indirect Taxes and Customs (CBIC) is working on a mechanism to introduce a monetary limit for issuing GST demand notices, in a bid to reduce unnecessary disputes and avoid notices being issued on flimsy grounds, PTI reported citing a senior official on Tuesday.Shashank Priya, Member, CBIC, said the board will soon…
