satish.bhm2009

FIDC to oversee NBFCs as ‘self-regulatory body’

MUMBAI: RBI has recognised the Finance Industry Development Council (FIDC) as the official self-regulatory organisation (SRO) for NBFCs, aiming to tighten compliance, foster innovation, and boost sector development. The decision follows the June 19, 2024 press release inviting applications and the March 21 omnibus framework for SRO recognition. RBI received three applications, of which two…

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Sunjay Kapur’s sister Mandira says entire family opposed his relationship with Priya Sachdev: ‘Karisma Kapoor should have been allowed to have her husband’ |

After the death of industrialist Sunjay Kapur, whose estate is reportedly worth Rs 30,000 crore, a legal battle has erupted between his third wife, Priya Sachdev Kapur, and his children with actress Karisma Kapoor. Amid the inheritance dispute, Sunjay’s sister, Mandira Kapur Smith, has now spoken out candidly, revealing that the entire family had long…

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External shocks’ impact on growth limited: FM Sitharaman

Union finance minister Nirmala Sitharaman (ANI photo) NEW DELHI: Finance minister Nirmala Sitharaman said on Friday there will be limited impact of external shocks on India’s growth, due to strong domestic consumption and investment.“The Indian economy is resilient and continues to grow sustainably,” she said at the Kautilya Economic Conclave.The Indian economy is estimated to…

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Manchester synagogue stabbing: UK Police name suspected attacker; who is Jihad Al-Shamie? | World News

Manchester synagogue stabbing (Pic credit: AP) British police on Thursday identified the man behind the deadly attack outside a Manchester synagogue which left two dead and three injured in a “terrorist attack“. Greater Manchester Police has confirmed the identity of the attacker as Jihad Al-Shamie, 35, a UK citizen of Syrian origin. He was shot…

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Bombay HC sacks 2 lower court judges for serious misconduct | India News

MUMBAI: Bombay HC dismissed Satara additional sessions judge Dhananjay Nikam, and Palghar civil judge (senior division) Irfan Shaikh for serious misconduct.Shaikh, during his stint as additional chief metropolitan magistrate at Ballard Pier court, was involved in a road accident in 2022. Shaikh told TOI over phone that the allegations were baseless. “I will challenge my…

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Enhance tax certainty for foreign companies: Niti Aayog

NEW DELHI: Govt’s policy tank Niti Aayog proposed a comprehensive designed framework to enhance tax certainty and predictability for foreign investors. It recommended the introduction of an optional, industry-specific presumptive taxation scheme for foreign firms.Releasing a working paper on Friday, it also backed broader legislative clarity, administrative efficiency, robust dispute resolution mechanisms, and strategic alignment…

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