Business

FICCI vice president Subhrakant Panda has said that MGNREGA outlay should be increased and support to MSMEs must be provided in the union budget...
Details
Category: Business

Write comment (97 Comments)


Fireblocks, a digital possession facilities provider has stated that it raised $550 million from institutional financiers ...
Details
Category: Business

Write comment (90 Comments)


Seeking tax concessions in the budget, fintech industry is stressing that fiscal and non-fiscal incentives are needed for monetary addition ...
Details
Category: Business

Write comment (97 Comments)

India, which is set to regain the worlds fastest-growing major economy title, will likely prioritize growth over fiscal consolidation by boosting spending, according to economists surveyed ahead of......
Details
Category: Business

Write comment (96 Comments)


One of the most-watched numbers in the pre-budget Financial Survey is the forecast of the GDP for the next financial ...
Details
Category: Business

Write comment (98 Comments)

NTPC recorded more than 19 per cent jump in its consolidated net profit for the third quarter of the current fiscal, which stood at Rs 4,626 crore...
Details
Category: Business

Write comment (93 Comments)

Infrastructure, rural development and health-care stocks are among analysts top picks as India's government is set to step up spending in a budget aimed at kickstarting investment to boost growth....
Details
Category: Business

Write comment (92 Comments)


Federal government has extended the tenure of IPO-bound Life Insurance Corporation of India's chairman M R Kumar by one more year ...
Details
Category: Business

Write comment (100 Comments)


Steps ought to be taken in the budget plan to make sure problem-free credit accessibility to market, especially for MSMEs, PHD Chamber has said ...
Details
Category: Business

Write comment (100 Comments)

India will see an economic growth of 8 to 8.5 per cent for the coming fiscal year, down from 9.2 per cent growth estimated in the current year, the annual Economic Survey predicted a day before the......
Details
Category: Business

Write comment (94 Comments)


While corporates are expecting statements which will press their growth program, taxpayers are anticipating more non reusable income in their hands ...
Details
Category: Business

Write comment (97 Comments)


An ensured minimum pension of Rs 1,000 each month will be available to staff members and pensions to household and dependents in case of death of staff member ...
Details
Category: Business

Write comment (93 Comments)

This is how stocks could react to the budget....
Details
Category: Business

Write comment (99 Comments)


Federal government may provide fiscal rewards and allocate funds for promotion of green hydrogen in the nation in the forthcoming budget for 2022-23 ...
Details
Category: Business

Write comment (93 Comments)


Facing all round criticism, SBI on Saturday revealed that it has actually decided to put in abeyance its circular on recruitment of pregnant ladies ...
Details
Category: Business

Write comment (96 Comments)

The Indian equity benchmarks on Monday traded higher in opening deals led by buying in all sectors with the Union Budget presentation in focus. Finance Minister Nirmala Sitharaman will present the......
Details
Category: Business

Write comment (100 Comments)


In a tweet, Qubit Financing stated that they were dealing with their security and network partners...High-profile heists are becoming more typical in the cryptocurrency worldHigh-profile break-ins or hacks are ending up being more typical in the cryptocurrency world, and Qubit Finance is the most recent decentralised financing( DeFi)platform to be targeted by hackers. They had the ability to get to Qubit Financing, which is built on the Binance Smart Chain, and take roughly$ 80 million (about Rs 600 crores). Qubit's QBridge protocol was robbed of 2,06,809 Binance Coin(BNB)by the addresses related to the break-in. This is the biggest cryptocurrency break-in in 2022 up until now. Qubit Finance confessed to the heist in a tweet. The team is currently dealing with security and network partners on next actions. We will share further updates when readily available, specified the tweet.According to security company PeckShield, the possessions were valued over$80 million at present rates. PeckShield had actually examined Qubit's clever agreements. The security company likewise mentioned that the QBridge was hacked to mint a huge amount of xETH security that was then utilized to drain the whole quantity of Binance Coin hung on QBridge.DeFi platforms such as Qubit Financing utilize wise agreements instead of 3rd parties to offer clients with financial services such as trading, lending, and loaning. Users can supply their cryptocurrency holdings to the Qubit procedure and borrow money against those for a fixed amount. QBridge is a cross-chain functionality that enables users to collateralise their possessions on other networks without having to move their assets in between chains.The assaulter used a deposit choice in the QBridge agreement to fraudulently create 77,162 qXETH, which is a property representing Ether bridged by means of Qubit, according to an event analysis by security firm CertiK. The treatment was tricked into assuming that attackers had actually made a deposit when they hadn't. CertiK mentioned that the hacker repeated these acts numerous times, converting all of the assets to Binance Coin.The Qubit team released a statement to inform clients that the hacker and their impacted assets were being kept track of. The blog post also mentions that they have gotten in touch with the hacker to supply the maximum bounty offer as computed by their programme.According to data from CoinGecko at the time of writing, Qubit's QBT was down 34.6 percent. Much of the fall happened after the heist came to light.
Details
Category: Business

Write comment (100 Comments)


BharatPe revealed on Saturday that an independent audit of its internal procedure and systems is being conducted ...
Details
Category: Business

Write comment (96 Comments)


Total outlook for making sector has actually revealed improvement in the third quarter of 2021-22, though expense of doing business is a cause for concern ...
Details
Category: Business

Write comment (90 Comments)

Healthcare providers have said that government should consider continuation of tax incentives and upgrading medical facilities in smaller towns...
Details
Category: Business

Write comment (97 Comments)


Country's foreign exchange reserves fell by $678 million to $634.28 billion in the week ended January 21 over slide in foreign currency properties ...
Details
Category: Business

Write comment (97 Comments)

CII has called for additional incentive rates to be included in the PLI schemes based on the number of jobs created, in the forthcoming budget...
Details
Category: Business

Write comment (93 Comments)


Foreign portfolio investors took out Rs 28,243 crore from Indian equities in January as US Fed indicated rates of interest trek ...
Details
Category: Business

Write comment (91 Comments)

Adani Total Gas Limited, a joint venture of Gautam Adani's gas unit and French energy major Total, has won licences to retail gas in 14 Indian cities...
Details
Category: Business

Write comment (92 Comments)


Spending plan ought to focus on environmental, social and governance problems by providing tax and non-tax incentives needed to promote green economy ...
Details
Category: Business

Write comment (91 Comments)


ICAI has actually sought about 14 tax and accounting reforms in the upcoming union budget, aimed at making laws easy, fair and less litigative ...
Details
Category: Business

Write comment (100 Comments)

With several assembly elections round the corner, the union budget for 2022-23 may aim at boosting growth and achieving fiscal consolidation...
Details
Category: Business

Write comment (93 Comments)

Fight Inequality Alliance, a group of NGOs, has come out with a pre-budget survey report, which highlights expectations of common man from budget 2022...
Details
Category: Business

Write comment (92 Comments)


Binance wants to expand in Russia and neighbouring states where it sees prospects for new regulations that will improve its business ...
Details
Category: Business

Write comment (100 Comments)


The Reserve Bank on Friday said it has actually imposed several constraints on Indian Mercantile Cooperative Bank Ltd, Lucknow, including a cap of Rs 1 lakh on withdrawals ... The constraints would remain in force for 6 months and undergo review.Mumbai: The Reserve Bank on Friday said it has actually imposed several limitations on Indian Mercantile Cooperative Bank Ltd, Lucknow, consisting of a cap of Rs 1 lakh on withdrawals.The constraints came into force from closure of organization hours on January 28, 2022 (Friday). In a statement, RBI said the Lucknow-based co-operative bank will not, without its prior approval, grant or restore any loans and advances, or make any investment. In specific, an amount not exceeding Rs 1 lakh of the total balance across all cost savings bank or bank accounts or any other account of a depositor, might be allowed to be withdrawn ... , based on specific conditions, it added.The reserve bank, however, added the instructions need to not per se be interpreted as a cancellation of the banking licence by the RBI. The bank will continue to undertake banking organization with limitations till additional alert from RBI. The Reserve Bank may consider adjustments of these Directions depending upon scenarios, it noted.The limitations would stay in force for 6 months and are subject to evaluate.(Other than for the heading, this story has actually not been modified by TheIndianSubcontinent staff and is released from a syndicated feed.)
Details
Category: Business

Write comment (92 Comments)