BUSINESS
SEBI mulls unbundling broker fees; MF, broking industry flag risk to research universe
SEBI Board to discuss overhaul of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 and Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 at December 17 meeting, including proposal to unbundle broking fees.
INDIA
India needs to address overregulation, RBI has to be an integral part of that: Arvind Panagariya
India will weather the US tariffs, Panagariya said, adding that the bigger opportunity lies in concluding an India-EU trade agreement given the bloc’s relatively open market.
INDIA
Bihar, Karnataka's per capita income gap would be substantially lower by 2030: NK Singh
In a conversation with Moneycontrol, the economist details Bihar's economic trajectory and the challenges it ought to address to continue its growth
BUSINESS
RJ Corp’s Voltsun to invest Rs 1,700 cr to manufacture solar components in Andhra Pradesh
AP’s clean-energy push gets a boost with RJ Corp’s Voltsun announcing a major solar cell and module plant in Naidupeta SEZ.
LOK-SABHA-ELECTION
No, it's not about rewaris for the women of Bihar
Bihari women have scripted their own story of empowerment aided by the state. The women of Bihar have voted for Nitish Kumar’s brand of clean politics, bank accounts, better maternal health and more, writes Shweta Punj
BUSINESS
India Web 3.O Summit: No one has challenged credibility, robustness of monthly jobs data, says statistics secretary Saurabh Garg
'The sample sizes that we do, no one is close to that,' said Garg, adding that the ministry is very careful of the definitions and what they are stating
BUSINESS
India Web 3.0 Summit: New GDP data to capture latest trends of consumption, says statistics secretary Saurabh Garg
'We’re incorporating new data sources (for GDP calculation). For each sector, we’re looking at what new data sources have come up,' said Garg
BUSINESS
India Web 3.0 Summit: MoSPI doesn’t collect data through paper and pens, all data is stored in a cloud, says Statistics Secretary Saurabh Garg
He mentioned that the ministry is further expanding languages for data collection, from Hindi and English, in use currently.
BUSINESS
"PM Modi’s energy and connection with masses inspiring," says AP IT Minister Nara Lokesh
PM Modi gets quite a few letters as Prime Minister His office, they bring in a hundred letters which are unopened, and every day he picks up 10 of them, opens them, and reads them personally. And that's the way he keeps his ear to the ground, you know.
BUSINESS
Andhra Pradesh banks on cheap renewable energy and river-linking to power data centre push: Nara Lokesh
Nara Lokesh told Moneycontrol in an interview that the state is building a dedicated renewable energy ecosystem to meet rising power and water demand from data centres, instead of imposing restrictions like some global peers.
BUSINESS
Andhra govt has set up WhatsApp groups for every investment project to fast-track clearances: Nara Lokesh
WhatsApp groups with company chairmen, ministers and officials have been institutionalised to ensure weekly project reviews and real-time coordination, as part of the state’s ‘Naidu 4.0’ governance model.
BUSINESS
TDP and BJP in a 'partnership of equals', says Nara Lokesh on NDA's dynamics
"Our support has always been unconditional. We joined the NDA before 2024 without any conditions. We've continued supporting the alliance unconditionally. Of course, we may have our views on certain regulations or policies, but those discussions happen behind closed doors," Lokesh said.
BUSINESS
Andhra Pradesh to build South Asia's first 'Quantum Valley'; CM Naidu leading quantum revolution: IT Minister Lokesh
“What we are saying is that we are ready to lead from the front (in quantum computing). We want to access these funds (of NQM) and create a vibrant ecosystem that will help us grow,” said Lokesh.
BUSINESS
Andhra vs Karnataka: "Will compete for every rupee of investment," says AP Minister Nara Lokesh
The reason why these companies would prefer AP over Karnataka is because his state government is genuinely willing to listen, said Lokesh, adding that many Bengaluru based start-ups and IT firms are in talks with AP government to shift their bases.
BUSINESS
Google's $10 bn Vizag data centre gets tax certainty, "double engine bullet train" govt helped: Nara Lokesh, IT, electronics and HRD minister
He also spoke about the hike in H1B visa fee that could be a brain gain for the state which sends lakhs of professionals to the US every year.
BUSINESS
Focus on balancing welfare and development, ups and down part of political journey: Andhra IT Min Nara Lokesh
“Winning elections is important, every single cycle matter. But what's more important is convincing people about the value of continuity in governance,” said the Minister. Nara Lokesh talks about the lessons from the past, and emphasis of the Naidu's government on inclusive growth.
BUSINESS
'Only concern is creating jobs, jobs, and more jobs': Nara lokesh says '99 paise land model' key to 2 mn job goal
The Minister explained the state government is working on implementing all such policies which would create more jobs. For instance, the “99 paise land model” is mainly aimed at catalysing jobs in the state.
BUSINESS
H-1B fee hike is an opportunity for 'brain gain': Andhra IT Minister Nara Lokesh
"Time has come for brain gain. India is no longer just about cost arbitrage. It’s about knowledge, talent," said Nara Lokesh.
BUSINESS
Google's $10 billion Vizag data centre gets tax certainty; AP ensures no retrospective levy: IT Minister Nara Lokesh
The Minister said that there will be separate power-grid for data centres, and added that Google will pay for the power grid. "Part of it will be subsidised by the state," he said.
BUSINESS
India-UK FTA deeper than Brexit deals or Trump trade pacts, says London’s Deputy Mayor Dawber
In a free-wheeling conversation, Dawber termed the FTA as the “deepest deal” India or the UK has ever signed. He also spoke about rising anti-immigration sentiment, work visas, and ease of doing business.
BUSINESS
Raymond Group to invest Rs 943 crore in Andhra to set up global aerospace manufacturing and auto component ventures
AP Govt has given tailor-made incentives worth Rs 695 cr to the group, production is expected to start in May 2027
BUSINESS
Govt pulls up e-commerce players for not reducing prices after GST cuts
On September 29, consumer affairs secretary Nidhi Khare said the department has received more than 3,000 complaints of companies failing to pass on benefits of lower GST rates to consumers
BUSINESS
There is a pattern in the protests that happened in Nepal, Bangladesh, and Sri Lanka: Sanjeev Sanyal
"Is there a pattern in all of this? What you saw in Sri Lanka, then in Bangladesh, and also in Nepal, very similar kinds of things are there. And there are rumors, particularly USAID funded NGOs which were involved in all of this," said Sanyal.
BUSINESS
Union Govt is perhaps not too large, it’s probably too small, says Sanjeev Sanyal
We are right now doing an exercise of mapping the government to see where all various agencies and all are. And once that is completed before the end of the year, we will have a very good sense of the landscape of the Indian central government, Sanyal said.
