New Rules To Investigate International Transactions Worth More Than Rs 50,000

New Rules To Investigate International Transactions Worth More Than Rs 50,000

In an effort to prevent terror financing, the government amended the Prevention of Money Laundering (Maintenance of Records) Rules, 2005. The change intends to improve record-keeping for overseas transactions worth more than Rs 50,000....

Walt Disney Will Break Out Sports Programming Revenue in Financial Reports

Walt Disney Will Break Out Sports Programming Revenue in Financial Reports

Walt Disney will begin breaking out its sports programming income in the fourth quarter. The company's financial results will be divided into two categories: entertainment and sports. The move follows a company restructure announced earlier...

The Influence of Financiers Who Favor Sustainable Real Estate Development

The Influence of Financiers Who Favor Sustainable Real Estate Development

Real estate has emerged as a major participant in the battle against climate change as the world grapples with rising temperatures, catastrophic weather events, and the urgent need to decrease carbon emissions. Currently, just 10% of all buildings...

Honeywell's Groundbreaking Solution to Counter Evolving Threats

Honeywell's Groundbreaking Solution to Counter Evolving Threats

Honeywell has announced Cyber Watch, an innovative solution designed to help organizations deal with evolving cyber threats related to operational technology (OT). This technology attempts to assist leaders and workers in efficiently identifying,...

EU Securities Watchdog Issues Cautionary Note on Crypto Regulations

EU Securities Watchdog Issues Cautionary Note on Crypto Regulations

Investors will not be protected under European Union (EU) crypto asset market laws until at least the end of 2024, according to a statement issued by the EU markets watchdog European Securities and Markets Authority (ESMA). Despite the fact...

All You Need To Know About Aditya Birla Sun Life Mutual Fund

All You Need To Know About Aditya Birla Sun Life Mutual Fund

As an open-ended fund of funds plan that invests in units of ETFs focused on US Treasury Bonds with maturities ranging from 3 to 10 years, Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life US Treasury 3-10 Year Bond ETFs...

Action Against Solar Power Developers Who Violate Local Sourcing Regulations

Action Against Solar Power Developers Who Violate Local Sourcing Regulations

New Delhi: The center has warned solar power developers that they will face severe consequences if they are found to be breaking rules requiring domestic products for solar modules in government-funded projects. In an office memorandum, the...

7th Pay Commission: Central Government’s Dearness Allowance Hike

7th Pay Commission: Central Government’s Dearness Allowance Hike

Presided over by Prime Minister Narendra Modi, the Union Cabinet today approved the payment of an additional installment of Dearness Allowance and Dearness Relief, which is due on July 1, 2023. This decision will help 48.67 lakh Central Government...

ReNew Initiatives Covers 10 Lakh People Across 10 States

ReNew Initiatives Covers 10 Lakh People Across 10 States

ReNew, a green energy firm, announced on Wednesday that its activities in areas such as climate education, school electrification, and water conservation have reached around 10 lakh people. According to a statement, ReNew's corporate social...

In FY23, PhonePe Revenue Increases 77% to INR 2,914 Crore

In FY23, PhonePe Revenue Increases 77% to INR 2,914 Crore

PhonePe announced consolidated revenue of 2,914 crore in FY23, a 77% increase over sales of 1,646 crore in FY22. According to the company, the growth is being driven primarily by the company's focus on market expansion and leadership in the...

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