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Top 10 business headlines: Angel tax row, R-Power vs Edelweiss, and more

In the danger zone: Why regulating drones is a coverage challenge for India

If you idea disruption of flights due to sightings of drones became a hassle handiest for Heathrow and Gatwick airports inside the UK or Newark within the US, suppose once more. With over an predicted half one million business drones already within the Indian skies — more or less a ratio of seven hundred to a single aircraft — the danger of drones to airplanes might be as critical as in advanced nations. Read on…

Amazon puts on hold plans to shop for the stake in Kishore Biyani’s Future Group

Global online marketplace massive Amazon has indefinitely put on hold its plans to buy a stake in Kishore Biyani’s Future Group, it is learned. According to sources inside the know, Amazon is also reassessing the More retail chain stake purchase, as it is in the intervening time uncertain of India’s retail weather. Read on…

Angel tax row: Govt seeks to soften the blow for start-up businesses

The sales branch has stepped in to cope with the priority of begin-united states approximately harassment by using the profits tax branch. The court cases relate to cash being debited from frozen financial institution money owed of at least two begin-ups. Read on…

Defense modernization finances rise simply five% every year in real terms

A Business Standard evaluation of defense capital allocations, the crucial element of the defense finances that buys new weapons and gadget, exhibits that it has risen by way of slightly 5 in step with a cent in real terms each yr, in the last decade. This is after accounting for inflation and the foreign exchange fee variant (FERV). Read on…

Reliance Power needs Sebi to ban Edelweiss from buying and selling in inventory markets

The strongly worded letter is dated February 6. It asks the regulator to the difficulty a “give up and desist” guidance from undertaking “marketplace abuse”, which allegedly caused its proportion price plunging 57 percent in days. Read on…

How brokers are the usage of AI and ML to offer tailored inventory advice

Artificial intelligence (AI) and Machine Learning (ML) are the brand new buzzwords inside the broking community. Large brokers are using this technology to help their customers make investing selections and get personalized services of the type supplied via e-commerce giants which include Amazon and Flipkart. Read on…

Explained: Why the offshore rupee marketplace is gaining significance for RBI

The Reserve Bank of India (RBI) is having 2nd thoughts on its foreign money intervention strategy and can include offshore non-deliverable forwards (PDF) markets in its area of operations. This is to torpedo the sports of speculators dragging the rupee to file lows. Read on…

KKR, General Atlantic can also put money into PhonePe

Private equity (PE) companies KKR & Co. And General Atlantic LLC has expressed hobby in investing in Flipkart’s digital payments arm, PhonePe Pvt. Ltd, consistent with Livemint record.

Delhi to get rapid-charging e-automobile stations by subsequent month

The authorities are setting up the infrastructure for charging electric powered motors (EVs) in a few busy regions of the Capital where motors can be recharged for as little as Rs 30 for a fifteen-minute pinnacle-up, in keeping with The Economic Times record.

State-run banks spurn volatile lending to preserve capital

The Reserve Bank of India (RBI), in its Monetary Policy ultimate week, tweaked norms for hazard-weights on bank loans to NBFCs in a bid to loosen up capital for lending. But many public region banks (PSBs) may properly choose to shore up their capital ratios instead of developing their mortgage books, in keeping with The Hindu BusinessLine file.

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