Traders in Delhi are concerned about the odd-even rule placed on shops as part of the state government’s ‘yellow’ alert to combat the spike in coronavirus cases. The state administration has issued a ‘yellow alert,’ allowing shops in marketplaces to stay open on an odd-even basis from 10 a.m. until 8 p.m. While the Omicron […]

Paytm, a digital payments and financial services company, revealed on Friday that it has integrated its offline payments operations with loans. The news follows the departures of many high-profile Paytm executives, including Abhishek Arun, Chief Operating Officer, Paytm Payments Bank, and Renu Satti, Chief Operating Officer, Offline Payments. In addition to his current responsibilities, Bhavesh

The Confederation of All India Traders (CAIT) has stated that Amazon’s acquisition of Cloudtail’s parent company, Prione Business Services Private Limited, will “violate the country’s Foreign Direct Investment rules.” According to the CAIT, Amazon’s purchase of a 76% share in Prione from Narayana Murthy’s Catamaran Ventures will change the latter from a marketplace to an

In The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which will be submitted in the forthcoming Winter Session of Parliament, the Centre proposed to outlaw all private cryptocurrencies with some exceptions. This move is motivated by concerns about cryptos purportedly being used to defraud investors and fund terrorism. As it turns out, netizens

Latent View Analytics’ shares will be launched on the stock exchange on Tuesday following a record response to its Rs 600 crore initial public offering (IPO). Given the high demand for the IPO, the company’s shares are anticipated to trade at a premium on the stock exchanges today. Analysts are similarly bullish about the IPO,

For more than two weeks, the price of petrol and diesel has been unchanged. On Sunday, November 21, 2021, the state-run oil marketing corporations (OMCs) left fuel rates steady, providing a welcome relief to consumers who had been hammered by record-high retail fuel costs. Since the central government announced the reduction in excise duty on

On Wednesday, the market value of Nykaa, a cosmetics start-up, topped 1 lakh crore, making it a huge success. The firm that owns the Nykaa brand, FSN E-Commerce Ventures, commenced trading on the National Stock Exchange for 2,018 per share, up 79 percent from its issue price of 1,125 per share. Nykaa shares debuted for

“Following the reduction in the duty on fuel and diesel by the Centre, the Chandigarh Administration has lowered VAT on petrol and diesel by Rs 7 with effect from midnight on November 4,” according to an official statement. According to a notification issued on Thursday by the Department of Excise and Taxation, UT Chandigarh, the