PM Kisan 21st Installment: Farmers to receive Rs 2,000 on November 19 - Check details here
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Govt to allow farmers, cottage units to use LLP model

India News 2 hr ago
This is an AI assisted summary.

The government is considering allowing farmers and those in cottage industries to form limited liability partnerships (LLPs) to take advantage of light-touch regulations. A proposed amendment to the LLP Act would allow primary producers to bypass the traditional process of creating producer companies and reduce compliance burden.

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Re-introduce 15% concessional tax for new manufacturing cos: PHDCCI

Business 2 hr ago
This is an AI assisted summary.

Industry body PHDCCI has requested the re-introduction of a 15% concessional tax rate for new manufacturing units in the upcoming Budget. This would provide a major incentive for foreign companies to invest in India. The body also suggested reducing tax rates for individuals and firms, which would increase compliance and tax buoyancy.

Swipe up for next shorts
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FM calls for improved tax data sharing among countries

Policy 2 hr ago
This is an AI assisted summary.

Finance Minister Nirmala Sitharaman stressed the importance of collaboration in tax matters as new financial products and digital economies emerge. She highlighted the significance of beneficial ownership, confidentiality, and cybersecurity.

Swipe up for next shorts
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Hyundai Motor, auto, industry, business, Hero MotoCorp,
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Year-end car discounts are softer this December

Business 2 hr ago
This is an AI assisted summary.

Car manufacturers are offering less discounts this December due to high demand and low inventory levels caused by GST 2.0 price reset. Dealers are operating with tighter supply and discounts are only available on slower-moving models and pre-facelift variants.

Meesho IPO 2025, Meesho, Meesho IPO, Meesho IPO GMP today, Meesho IPO grey market premium
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Trump orders review to designate Muslim Brotherhood Chapters as terror groups
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‘Their place, their laws’: Netizens react as Indian seen trying to kiss young Polish boy

Trending News 28 min ago
This is an AI assisted summary.

A video of an Indian woman kissing an underage Polish boy has sparked debates on cultural norms, boundaries, and legal consequences. The woman, believed to be Malayali, faces charges of sexual harassment by Polish authorities. Netizens have conflicting views, with some defending the woman's actions as motherly affection while others criticize it as "dumbness" and "white skin fetish".

'We understand pressure over India': Ahead of Putin's visit, Kremlin says dip in Russian oil purchase 'temporary'
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Trade gap to be in focus during Putin’s two-day India visit

World News 3 hr ago
This is an AI assisted summary.

Russian President Vladimir Putin's state visit to India will address the trade deficit, maintain oil trade, and deepen cooperation in nuclear power and defence. Business partnerships and agreements will be signed to increase India's exports to Russia. Discussions will also focus on expanding the Kudankulam nuclear project and potential deals for S-400 missiles and SU-57 stealth fighters.

Sanchar Saathi app
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Govt may turn Sanchar Saathi order into advisory

India News 3 hr ago
This is an AI assisted summary.

Apple and Samsung have raised objections to the compulsory installation of the Sanchar Saathi app on new smartphones and suggested promoting it for voluntary downloads instead. The government has clarified that the app is optional, but opposition parties and the industry still have concerns about it being a "snooping app" and creating operational challenges.

RBI MPC meet preview: Will RBI cut rates?
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Economists see room for Rs 2 lakh crore of OMOs by March

Policy 4 hr ago
This is an AI assisted summary.

RBI likely to conduct OMOs worth Rs 1.5-2 lakh crore by March 2026, say economists. Market participants seek clarity on liquidity management in upcoming policy. Core liquidity surplus expected to dip below 1% of NDTL in Q4FY26, RBI may need to infuse Rs 2 lakh crore to prevent this. Experts predict OMOs worth Rs 2 lakh crore in Q4, RBI may intervene to defend rupee. HSBC expects

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Fintech startup Razorpay has received a Payment Aggregator - Cross Border licence from RBI
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Razorpay secures RBI’s cross-border payment aggregator licence

Business 3 hr ago
This is an AI assisted summary.

Razorpay, a fintech startup, has received a PA-CB licence from the RBI, allowing it to facilitate cross-border payments. This strengthens their vision of a global payments network and commitment to helping businesses go global. The licence also enables Indian businesses to accept payments in 130+ currencies and allows global companies to enter India with ease through a single integration.

The Reserve Bank said that State Bank of India, HDFC Bank and ICICI Bank continue to be in the 'domestic systemically important banks'
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SBI, HDFC Bank, ICICI Bank stay on RBI’s Systemically Important list

Business 3 hr ago
This is an AI assisted summary.

The Reserve Bank has designated State Bank of India, HDFC Bank, and ICICI Bank as 'domestic systemically important banks'. These banks will be required to hold additional capital buffers as a percentage of risk-weighted assets. SBI has an additional CET1 requirement of 0.80%, HDFC Bank has 0.40%, and ICICI Bank has 0.20%. The D-SIB framework, which was first issued in 2014

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RBI, banks, banking sector, commercial banks, Supervisory Data Quality Index, bad loans, asset-liability, capital adequacy, Scheduled Commercial Banks
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Rates on fresh loans rise in Oct

Business 3 hr ago
This is an AI assisted summary.

Banks have increased interest rates on new loans by 14 basis points in October, following a 31 bps cut in rates from July to September. This is expected to boost their profitability, as they shift focus to high-yield areas like retail loans and NBFCs. However, overall lending and deposit rates are still declining, indicating a slow impact.

Dhurandhar release
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Dhurandhar release back on track after CBFC rules out connection to Major Mohit Sharma

Life 3 hr ago
This is an AI assisted summary.

The CBFC has dismissed claims that Ranveer Singh's film Dhurandhar is based on the life of Ashoka Chakra awardee Late Major Mohit Sharma. Despite objections from the late Major's parents, the board found no similarity between the film and his life. The film includes a disclaimer and is purely fictional. The controversy was fueled by Major Sharma's family and a Pakistani police officer's widow.

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Inside Putin’s Moving Fortress: The Aurus Senat
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Explainer: How SIM binding will disrupt your chats

Life 4 hr ago
This is an AI assisted summary.

The Indian government has ordered online messaging apps to link their services to SIM cards to prevent cyber frauds. This may inconvenience millions of users who rely on these apps for communication. The new rules require continuous SIM card verification, and if removed or deactivated, the app will stop working. The government hopes this will make chats traceable and reduce cybercrime.

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Smid cap underperformance likely to continue

Market 4 hr ago
This is an AI assisted summary.

Experts say that while benchmark indices like Sensex and Nifty are at all-time highs, small and midcap indices have underperformed due to expensive valuations. The BSE Midcap index has only risen by 1.3% and the BSE Smallcap has fallen 6.1% in 2025, while large cap benchmarks have risen by 9-10%.

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SIM-binding order may run into technical hurdle: Industry experts

Life 5 hr ago
This is an AI assisted summary.

Experts believe that the Department of Telecommunications' SIM-binding mandate to prevent cyber fraud is not feasible due to technical limitations. The Broadband India Forum has raised concerns about the mandate, stating that it may cause disruptions for genuine users and have little impact on sophisticated fraud networks.

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Oil imports from Russia hit 5-month high in Nov

Economy 4 hr ago
This is an AI assisted summary.

India's November purchases of Russian oil were at a 5-month high, making up over 35% of their total crude imports. This was due to early arrivals before US sanctions on Russian oil companies. December imports are expected to decrease due to new sanctions, but Indian refiners are adapting by sourcing from non-designated Russian entities and other countries.

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Who is Khaleda Zia? UK medical team to arrive in Bangladesh as her health worsens

World News 5 hr ago
This is an AI assisted summary.

Khaleda Zia, Bangladesh's first female Prime Minister, is in critical condition and has been put on ventilation. UK and Chinese experts have arrived to monitor her health. Zia, who has been in office three times, was hospitalized on November 23 due to infections affecting her heart and lungs. Prime Minister Modi has shown concern and increased security has been implemented at the hospital.

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BIF seeks halt to SIM-linkage mandate 

Life 5 hr ago
This is an AI assisted summary.

The BIF has raised concerns about the SIM-binding mandate, stating it goes beyond the Telecom Act and burdens genuine users without effectively combating fraud networks. Issues of jurisdiction, proportionality, and technical feasibility have also been highlighted, calling for a consultation with all stakeholders.

IRFC has secured a $300 million loan from Japan’s Sumitomo Mitsui Banking Corporation
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The government is not considering any proposal to raise the foreign direct investment
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Govt not considering hike in FDI limit to 49% for public sector banks: MoS Finance

Business 5 hr ago
This is an AI assisted summary.

The government has no intention of raising the FDI limit in public sector banks beyond 20%. RBI approval is necessary for ownership of over 5% of a bank's shares. While the government's shareholding in PSBs has not been reduced, the percentage has decreased due to banks raising capital. PSBs must also meet a minimum public shareholding requirement of 25%.

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Omnicom agencies take shape in India

Industry 5 hr ago
This is an AI assisted summary.

Omnicom and IPG have merged to create a new #2 advertising network in India, with an estimated Rs 25,000 crore in annual billing. The creative business has been unified under Omnicom Advertising India (OAI) and will be led by Aditya Kanthy as president and MD. Prasoon Joshi will be the chairman of OAI. Omnicom will also have a strong presence in media, with Kartik Sharma as CEO of Omnicom Media

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Hawaii travel alert: Tourists must now pay to enter 4 iconic state parks, all details here

World News 5 hr ago
This is an AI assisted summary.

Hawaii has joined other popular travel destinations in charging entry fees to tourists, with four state parks implementing fees in January. The US Interior Department has also introduced charges in national parks, generating funds for maintenance and preservation. Around ten state parks in Hawaii currently charge fees, with higher fees for popular sites.

DACA Status, DACA update, DACA News latest, DACA Dreamers, US immigration news, undocumented immigrants, DACA 2025 update, Deferred Action for Childhood Arrivals, US immigration policy, DACA applications, US immigrants
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Prada Group completes acquisition of Versace in $1.37 billion deal

Industry 6 hr ago
This is an AI assisted summary.

Prada Group has acquired Versace in a $1.37 billion deal, bringing together two of Italy's top fashion brands. This marks the end of Versace's ownership under Capri Holdings and will help the company improve its financial position. The move is expected to reshape Milan's luxury landscape and revive Versace's performance with better access to capital and strategic planning under Prada's management.

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Amidst anticipated stake sale deal, Balaji Wafers charts new expansion plans

Industry 4 hr ago
This is an AI assisted summary.

Balaji Wafers, a Rajkot-based snack manufacturer, is expanding its capacity and product portfolio in India's packaged snack market. It is also finalizing a stake sale deal worth Rs 2,500 crore with General Atlantic. The founder plans to use the funds for personal payouts, but the company is investing in new factories to meet the demand for packaged snacks.

H-1B Visa, Green Card, H-1B eligibility, H-1B selection process, US permanent residency
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Trade challenges to ease soon: FICCI President
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India in a ‘sweet spot’, strong reforms to drive 7%+ GDP growth, says FICCI President

Policy 6 hr ago
This is an AI assisted summary.

India's new FICCI President, Anant Goenka, believes that the country is in a "sweet spot" to sustain economic growth, with GDP expected to expand by over 7% this financial year. The chamber's focus is to increase the share of the manufacturing sector in the GDP from 15-17% to 20-25% through various initiatives. Goenka also sees positive changes in the macroeconomic factors.

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KPI Green Energy bags Rs 489 crore floating solar EPC contract 

Business 7 hr ago
This is an AI assisted summary.

KPI Green Energy has won a Rs 489.17 crore contract from GSECL for a 142 MW floating solar project in Gujarat. This marks their debut in the floating solar sector and diversifies their portfolio. The project will take 18 months to complete and includes various aspects such as design, engineering, procurement, construction, and maintenance.

Swiggy is planning to raise $1.1 billion through a qualified institutional placement,
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Swiggy to raise $1.1 billion via QIP next week: Report

Business 7 hr ago
This is an AI assisted summary.

Swiggy, a quick commerce company in India, plans to raise $1.1 billion through a qualified institutional placement (QIP) with the help of Citigroup, JPMorgan Chase, and Kotak Mahindra Capital. This fundraising comes as the quick commerce sector in India expands rapidly, with competition from global giants like Amazon and Walmart-backed Flipkart.

Pakistan Army chief Asim Munir addresses National Security Workshop participants at GHQ, Rawalpindi.
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After massive backlash over the Sanchar Saathi app, the BJP has come out with a clarification, stating that the app is just like any other app and that it can be deleted if a user wants to.
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Sunjay Kapur’s mother makes explosive allegations against Priya Kapur in court

Life 9 hr ago
This is an AI assisted summary.

Late industrialist Sunjay Kapur's mother Rani Kapur has accused his widow Priya Kapur of concealing his assets in a new row over his Rs 30,000-crore estate. Priya presented a will making her the sole inheritor, excluding his mother, children, and siblings. Rani has moved the Delhi High Court, alleging "massive concealment" of assets and possible transfer abroad.

Insolation Energy subsidiary bags Rs 516 crore solar orders. (Image: Canva)
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Insolation Energy subsidiary bags Rs 516 crore solar orders

Business 9 hr ago
This is an AI assisted summary.

Insolation Green Energy, a subsidiary of Insolation Energy, has secured orders worth Rs 516.05 crore for the supply of Solar PV Modules. These include a Rs 357 crore Topcon order and Rs 159 crore KUSUM modules order. The company expects to execute these orders by 2027.

Ajay Devgn Film City
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India's sugar production rose 43 per cent to 4.11 million tonnes in the first two months of the 2025-26
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India’s sugar output jumps 43% to 4.11 MT in Oct–Nov; Industry body seeks MSP hike

Policy 10 hr ago
This is an AI assisted summary.

India's sugar production has risen by 43% in the first two months of the 2025-26 marketing year, reaching 4.11 million tonnes. This growth is attributed to increased output from Maharashtra and Uttar Pradesh, with higher cane yields and sugar recovery rates. The industry body, ISMA, is urging for an increase in MSP and ethanol procurement prices to ensure fair returns

'We understand pressure over India': Ahead of Putin's visit, Kremlin says dip in Russian oil purchase 'temporary'
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What is annual India–Russia summit? Explained in 10 points

World News 10 hr ago
This is an AI assisted summary.

Russian President Vladimir Putin will be in New Delhi on December 4–5 for the 23rd India–Russia Annual Summit. This is his first India visit since 2021. The meeting comes at a time when the two countries are trying to keep their long partnership steady while dealing with global pressure, US sanctions and fast-changing economic realities.

IT major Wipro has completed the acquisition of HARMAN's Digital Transformation Solutions unit
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IndiGo says Rs 118 crore GST penalty notice is incorrect
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IndiGo gets notice for Rs 118 crore GST penalty- IndiGo says order ‘incorrect’

Business 11 hr ago
This is an AI assisted summary.

IndiGo, owned by InterGlobe Aviation, has been slapped with a Rs 118 crore penalty notice by the CGST department for allegedly claiming wrongful input tax credit. The airline has deemed the order as incorrect and plans to contest it with legal advice. This penalty, however, does not have a significant impact on its financials or operations.

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‘I think to each his own’: Madhuri on 8-hour work shift debate amid Deepika-Vanga row

Life 11 hr ago
This is an AI assisted summary.

Madhuri Dixit shares her thoughts on the ongoing 8-hour work shift debate, taking into account her own experience in the industry and with motherhood. She believes that working hours for an actor should be a personal choice and that Deepika Padukone's demand for an 8-hour work day is more power to her. Her next project is a dark and gripping OTT thriller series, 'Mrs Deshpande'.

Ranveer Singh apology
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Ranveer Singh apologises after facing police complaint for ‘mocking’ Kantara’s Daiva

Life 11 hr ago
This is an AI assisted summary.

Actor Ranveer Singh has landed in trouble after facing a police complaint for his imitation of a character from the film Kantara: Chapter 1 at the closing ceremony of IFFI Goa. The Hindu Janajagruti Samiti has accused him of hurting religious sentiments and insulting Goddess Chamundadevi. Singh has apologized, but the outfit demands a code of conduct to prevent such incidents in the future.