A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.. (Representational image) | Photo Credit: Reuters The Supreme Court on Wednesday (April 16, 2025) refused to examine a plea seeking a regulatory framework on cryptocurrencies and said it couldn’t “lay down the law”. A cryptocurrency … Read more
File picture of U.S. President Donald Trump U.S. Federal Reserve chief Jerome Powell during Trump’s first term as President | Photo Credit: Reuters Donald Trump’s simmering discontent with the U.S. Federal Reserve boiled over this week, with the president threatening to take the unprecedented step of ousting the head of the fiercely independent central bank. … Read more
The Rupee had closed on April 15, 2025 with a gain of 30 paise at 85.80 against the dollar. File | Photo Credit: The Hindu The Rupee sustained its rally for the third straight session and settled with a gain of 12 paise at 85.68 (provisional) against the U.S. dollar on Wednesday (April 16, 2025), … Read more
Tamil Nadu’s lignite-based thermal capacity stood at 1,959.16 MW, while coal-fired power capacity was 12,835.49 MW. | Photo Credit: N. Rajesh Tamil Nadu’s total installed power capacity was 42,772.20 MW as on March 31 this year, increasing from the previous year’s 39,805.97 MW, according to data from the Central Electricity Authority (CEA). Of the total … Read more
Image is used for representational purpose only. | Photo Credit: X/@ICICIPruLife ICICI Prudential Life Insurance on Friday (April 18, 2025) said it has received an order from GST Commissioner (Appeals) upholding tax demand of about ₹3.67 crore. On July 2, 2024, Central Goods and Service Tax (CGST) authorities in Mumbai had passed an order in … Read more
The Competition Commission of India (CCI) has approved the proposed merger between Aster DM Healthcare Limited and Quality Care India Ltd, under Section 31(1) of the Competition Act, 2002. The merged entity ‘Aster DM Quality Care’ would be controlled by Aster Promoters and Blackstone and brings together the strengths of two leading healthcare providers with … Read more
Senvion India will install a 4.2 MW wind turbine in Tamil Nadu by June, said its CEO and MD Amit Kansal. Most of Senvion India’s installation are in the 2.7 MW and 3.1 MW categories. It has already received nearly half a GW orders for the 4.2 MW turbines. The firm expects 70% of sales … Read more
Choosing between a fixed and floating interest rate for your loan can significantly impact your financial stability and planning. Understanding the benefits and drawbacks of each can help you make the best decision for your financial future. Which interest rate type offers better stability in the long run? A fixed interest rate remains constant throughout … Read more
With the number of Indian tourists to Australia growing in high double digits, Australian authorities are in talks with Air India and IndiGo to offer more direct flights from India to Sydney, a top Australian official said. “The Western Sydney International Airport, located in Westen part of Sydney has done trial runs with the first … Read more
The Finance Ministry said the government remains committed to promoting digital payments via UPI. Photo: X/@UPI_NPCI The Government on Friday (April 18, 2025) clarified that it is not mulling to levy GST on UPI transactions above ₹2,000. Clarifying on reports, which said that the government is considering levying Goods and Services Tax (GST) on UPI transactions … Read more