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    August 13, 2026
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    August 13, 2026
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    Show AI Summary
    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
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    August 13, 2026
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    Show AI Summary
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    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Show AI Summary
    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
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    August 13, 2026
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Show AI Summary
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    Show AI Summary
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    Show AI Summary
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    Show AI Summary
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    Show AI Summary
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    Show AI Summary
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    August 12, 2026
    Delhi HC halts processing of IT-returns of Supreme Court, high court judges
    Show AI Summary
    Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
    Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.

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      Deep-water port at Bahuda will position Odisha as a hub of maritime excellence: Majhi

      September 20, 2025

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      Bhubaneswar, Sep 20 (PTI) Chief Minister Mohan Charan Majhi on Saturday said the proposed National Shipbuilding Cluster at Kendrapara and the deep-water port at Bahuda in Ganjam district will position Odisha as a hub of industrial and maritime excellence.

      The Paradip Port Authority (PPA), Odisha Maritime Board (OMB) and Sagarmala Finance Corporation signed an MoU for the construction of 150 mtpa (million tonne per annum) Bahuda satellite port with an investment of Rs 21,500 crore, officials said.

      Similarly, the PPA and OMB have signed an MoU to set up a world-class shipbuilding cluster on the Mahanadi riverbank in Kendrapara district with a cost of Rs 24,700 crore, they said.

      The two MoUs were signed on Friday in the presence of Sarbananda Sonowal, Union Minister for Ports, Shipping & Waterways. Majhi, in a post on X, extended his gratitude to Prime Minister Narendra Modi and Sonwal for their steadfast support in reinvigorating Odisha's maritime sector.

      "These landmark initiatives will drive port-led development, create substantial employment, and unlock the state's vast economic potential, moving us decisively towards the vision of a 'Samrudhha Odisha'," he wrote. PTI BBM BBM RG

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