The government is working to strengthen TRAI’s penalty powers as complaints against spam calls and SMSes continue to surge across India.
India’s Forex Reserves Fall $2.69 Billion to $717.06 Billion
India’s forex reserves declined by $2.691 billion to $717.056 billion in the week ended October 30, RBI data showed.
ONGC Uses Stuck Russian Dividends to Retain Sakhalin-1 Stake, Eyes Operational Control in Venezuela
ONGC Videsh used Russian dividend proceeds to retain its 20% Sakhalin-1 stake and is seeking greater operational control of oil projects in Venezuela.
Bharti Airtel Overtakes Jio Platforms to Become India’s Second Most Valuable Company
Bharti Airtel overtook Jio Platforms to become India’s second most valuable company with a market capitalisation of ₹13.08 lakh crore.
Tyre Makers Seek Duty-Free Natural Rubber Imports as Domestic Prices Hit ₹300 Per Kg
ATMA has sought temporary duty-free natural rubber imports as a 37% domestic supply deficit pushes prices to around ₹300 per kg
RBI Sets Up Technical Committee to Deepen Money, Forex and Government Securities Markets
RBI has formed a Technical Consultative Committee to examine policy and operational issues across India’s money, government securities, forex and derivatives markets.
Premium Scotch Prices Set to Fall in Delhi as UK Liquor Import Duty Cut Takes Effect
Premium Scotch whisky prices in Delhi could fall as lower customs duties on British spirits begin flowing through to revised retail prices.
PFRDA Eyes ₹100 Lakh Crore NPS Corpus by 2040, Plans Expansion Through Banks and UPI
PFRDA aims to expand NPS through banks and UPI as it targets a pension corpus of around ₹100 lakh crore by 2040.
CBIC Brings Major GST Relief: No Notices Below ₹10,000, Arrests Halted and Random Vehicle Checks Curbed
CBIC has directed Central GST officers not to issue notices where the tax involved is below ₹10,000, while also restricting GST arrests and random vehicle checks.
Kotak Mahindra Bank Gets CCI Nod to Acquire Deutsche Bank’s India Retail and Wealth Businesses
CCI has approved Kotak Mahindra Bank’s acquisition of Deutsche Bank’s India retail, private banking and wealth management businesses.
