Business
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Selfie, ‘penny drop’ mandated as KYC for crypto customers in India
New Delhi: Selfie with liveness detection, recording of geographical coordinates, and verification of bank account by the ‘penny-drop’ method are among the mandatory new measures listed by India’s financial intelligence agency under…
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Adani Group to invest Rs 1.5 lakh crore in Kutch, boost energy and port capacity
Ahmedabad: Karan Adani, managing director of Adani Ports & SEZ Ltd, on Sunday, January 11, said that the Adani Group will invest Rs 1.5 lakh crore over the next five years in…
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Trump signs executive order meant to protect money from Venezuelan oil
West Palm Beach: US President Donald Trump’s new executive order on Venezuelan oil revenue is meant to ensure that the money remains protected from being used in judicial proceedings. The executive order,…
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X ‘accepts mistake’ on Grok AI issue, assures to comply with Indian laws: Sources
New Delhi: Microblogging site X has accepted its mistake and assured it will comply with Indian laws after the IT Ministry warned the Elon Musk-led social media platform on the Grok AI…
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Explainer: Simplified Income Tax Act, 2025, to come into force from April 1
New Delhi: Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade old tax law and the changes made in tax laws in 2026-27 Budget will be…
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AP Cabinet approves Dagadarthi greenfield airport at Nellore
Amaravati: In a significant boost to Andhra Pradesh’s aviation and industrial infrastructure, the state Cabinet has approved the Dagadarthi Greenfield Airport project in Nellore district. With this approval, Dagadarthi will become Andhra…
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Stock markets trade lower on persistent foreign fund outflows
Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Thursday amid persistent foreign fund outflows and concerns about potential US tariff hikes. The 30-share BSE Sensex declined 255.86 points…
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Saudi Arabia to open its stock market to foreigners from Feb 1
Foreign investors will now be permitted to access Saudi Arabia’s capital market starting February 1, the Capital Markets Authority (CMA) announced on Tuesday, January 6, as part of its broader effort to…
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CCI finds Tata Steel, SAIL, JSW breached antitrust law: Report
The Competition Commission of India (CCI), the country’s competition regulator, has found Tata Steel, JSW Steel, state-run Steel Authority of India Ltd (SAIL), and 25 other firms in breach of antitrust law…
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After Trump’s remarks, Reliance denies receiving Russian oil in three weeks
New Delhi: Reliance Industries Ltd, the operator of the world’s largest single-site oil refining complex and till recently India’s biggest buyer of Russian oil, on Tuesday, January 6, said it has not…
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Reliance Industries shares down nearly 5 pc
New Delhi: Shares of Reliance Industries tumbled over 5 per cent on Tuesday morning, January 6, and were instrumental in dragging the benchmark equity indices lower. The blue-chip stock dropped by nearly…
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CES 2026: LG Electronics unveils new home robot CLOiD
Seoul: LG Electronics said on Tuesday it has unveiled a new robot, CLOiD, as an artificial intelligence (AI) home assistant ahead of CES 2026, as part of its vision for “AI in…
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Stock markets trade lower in early trade
Mumbai: Benchmark indices Sensex and Nifty declined in early trade on Tuesday, dragged by heavy selling in blue-chips Reliance Industries, HDFC Bank, and worries over fresh warning from the US to further…
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Oil stocks sharply higher after US action in Venezuela
New York: Shares of major US companies in the energy sector are sharply higher on Monday, January 5, after President Donald Trump announced plans to take control of Venezuela’s oil industry and…
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More tariff hike by US on India may hit exports: Experts
New Delhi: Any move by the US to further increase tariffs or import duties on Indian goods could severely impact the country’s exports to Washington, experts said. However, they said, it may…
