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Godawari Power receives environmental clearance for expansion of Ari Dongri Iron Ore mines

Mumbai, Feb. 1 -- Godawari Power & Ispat has received environmental clearance from Ministry of Environment, Forest and Climate Change for expansion in capacity of Ari Dongri Iron Ore Mines situated at... Read More


Govt accepts recommendations of the 16th Finance Commission to retain the vertical share of tax devolution to states at 41%, says FM

Mumbai, Feb. 1 -- The government has accepted the recommendations of the 16th Finance Commission, including retaining the vertical devolution share at 41%, Finance Minister Nirmala Sitharaman says in ... Read More


FM announces tax holiday till 2047 for global cloud services provider to global clients using Indian data centres

Mumbai, Feb. 1 -- FM proposes provide to provide tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data center services. However, it will need to... Read More


NTPC transfers Dulanga and Talaipalli coal mines to subsidiary NTPC Mining

Mumbai, Feb. 1 -- NTPC announced that with regard to transfer of coal mining business to its wholly owned subsidiary, NTPC Mining, in a phased manner, the company has transferred the Dulanga Coal Mine... Read More


Edutech shares gain as FM targets services sector growth & jobs

Mumbai, Feb. 1 -- Shares of education-to-employment and enterprise companies jumped after Finance Minister Nirmala Sitharaman announced the setting up of a High-Powered "Education to Employment and En... Read More


India's fiscal deficit to be 4.3% of GDP for FY27

Mumbai, Feb. 1 -- The Finance Minister announced that India's Fiscal deficit retained at 4.3% of GDP for FY27. Finance Minister sets debt to GDP ratio for FY27 at 55.6 percent in Budget. Gross market ... Read More


Individuals residing abroad to be permitted equity investments in listed Indian firms: FM

Mumbai, Feb. 1 -- Finance Minister Nirmala Sitharaman said individual persons residing outside India (PROI) will be permitted equity investments in listed Indian companies through a portfolio investme... Read More


Railway stocks gains after budget push; Govt proposes seven high-speed rail corridors

Mumbai, Feb. 1 -- Shares of railway-related companies traded higher after Finance Minister Nirmala Sitharaman, in the Union Budget 2026, proposed the development of seven high-speed rail corridors, si... Read More


SEBI opens one-year special window for transfer-cum-dematerialisation of physical securities

Mumbai, Jan. 31 -- The Securities and Exchange Board of India on January 30 announced a special window to help investors who were unable to transfer their physical securities before 1 April 2019 due t... Read More


SEBI scraps Letter of Confirmation, mandates direct credit of securities to demat accounts

Mumbai, Jan. 31 -- The Securities and Exchange Board of India on Friday issued a circular aimed at easing investing and doing business by doing away with the requirement of issuing a Letter of Confirm... Read More