BUSINESS
Here are key takeways from FM Nirmala Sitharaman's press conference
The Cabinet has given the in-principle approval for disinvestment in select CPSEs, and a two-year moratorium on spectrum payment for telecom companies, among other measures.
BUSINESS
Cabinet approves 2-year moratorium on spectrum dues from telcos
Sitharaman said the years of deferment of payments will be from 2020 to 2021 and 2021 to 2022
BUSINESS
Cabinet approves sale of 5 PSUs including BPCL, Shipping Corp, CONCOR
Finance Minister Nirmala Sitharaman said the Cabinet has given the in-principle approval for disinvestment in select CPSEs.
BUSINESS
Nirmala Sitharaman press conference highlights: Cabinet approves 2-year moratorium on spectrum dues from telcos
Track this space for all live updates on the briefing following the Cabinet meeting on November 20.
POLITICS
Maharashtra government formation | Will form stable govt soon: Prithviraj Chavan after Congress-NCP meet
"It is not possible without NCP-Congress-Shiv Sena coming together," NCP's Nawab Malik said
BUSINESS
IBM’s open source technology to boost cybersecurity in hybrid environments
The solution is built on open standards so that it can connect additional security tools and data from across a company's infrastructure.
BUSINESS
Wells Fargo enables payments on RTP Network
Customers want the ability to make immediate payments and receive timely confirmations
BUSINESS
Fintech firm Aye Finance raises Rs 125 crores from FMO
FMO will work closely with Aye Finance to expand their services to women entrepreneurs in the country
BUSINESS
ACI Worldwide, Microsoft strike cloud partnership in payments space
ACI Worldwide to deliver universal payments technology via Microsoft Azure.
BUSINESS
VCs are turning to fintech start-ups: Here’s why
Fintechs have introduced a sense of competition into the otherwise stagnant financial industry.
WORLD
In The News podcast | RIL is 6th largest oil firm; Make in India gets boost; BJP leader booted out of Asia summit and more
Tune in to In The News to catch up on the latest news of the day.
CRICKET
Sri Lankan legend Lasith Malinga wants to continue playing for 2 more years
"As a captain, because I've played so many T20s around the world that I feel I can manage that period for maybe another two years," Malinga said in an interview.
BUSINESS
Gold price gains Rs 230 at Rs 38,454 per 10 gram; silver up 0.38%
The precious metal price got another boost after US President Donald Trump threatened to raise further tariffs on Chinese goods if a trade deal between the two nations could not be reached.
BUSINESS
Modi government may offer incentives to Tesla, Glaxo: Report
Under the proposal, the government is looking at making land available for manufacturers, thereby aiding them in setting up factories.
PODCAST
MC Special podcast | Double Your Income: How to profit when the market is strong, but economy is weak
Rahul Shah reveals what investors should do when the market is rallying, despite macroeconomic numbers painting a bleak picture.
ECONOMY
Editor's Take | Indo-US trade deal soon?
Moneycontrol's Sakshi Batra talks to Gaurav Choudhury to understand if there is a possibility of a limited India-US trade deal.
TRENDS
Xiaomi CEO confirms the launch of Redmi K30 5G in December
It could be possible that Xiaomi might just unveil the K30 5G in December and make it available for sale in January or later.
BUSINESS
RBI supersedes DHFL board on payment defaults, governance concerns
R Subramaniakumar, former MD and CEO of Indian Overseas Bank has been appointed as the Administrator under Section 45-IE (2) of the Act.
BUSINESS
India offers great business opportunities for central and eastern European companies: Piyush Goyal
Seeking investments, Goyal said India provides several incentives, including low tax rates for investors.
TRENDS
Realme 5s with 48-megapixel quad camera launches alongside Realme X2 Pro
The Realme 5s starts at Rs 9,999 in India.
TRENDS
Samsung Galaxy S10 Lite tipped to feature 48MP triple-cameras, Snapdragon 855 processor
The new variant is said to compete against the entry-level iPhone 11.
BUSINESS
Essel Group to sell up to 16.5% stake in Zee Entertainment to financial investors: Report
The stake sale will be to clear loan obligations to certain lenders of the group.
TRENDS
What is FASTag? How to purchase and recharge FASTag?
A FASTag is a prepaid rechargeable service that allows the driver to make automatic payment for tolls, without having to stop or wait in a queue.
BUSINESS
SEBI revamps rights issue process, cuts timeline to 31days
The markets regulator has also introduced dematerialised rights entitlements (RE) and trading of REs on stock exchanges.
