Tag: Business News

Haryana Removes Registration Tax On EVs Up To ₹30 Lakh: How Much Could Electric-Car Buyers Save?

Haryana has approved a 100% Motor Vehicle Tax exemption for new pure electric vehicles priced up to ₹30 lakh, significantly reducing the cost of EV ownership. The new policy, effective for eligible vehicles registered in Haryana, also offers a 50% tax exemption for EVs priced above ₹30 lakh.

Paytm Payments Bank Ordered To Wind Down: What Happens To Customer Deposits, Wallets And Accounts?

Paytm Payments Bank is winding down after a court order. Check what happens to deposits, wallet money, UPI access, merchant payments and customer account claims.

Banks Collect ₹7,086 Crore In Minimum Balance Penalties: Why Are Customers Still Paying For Low Account Balances?

Banks collected ₹7,086.63 crore in FY26 from customers for failing to maintain the required minimum balance, taking the four-year total to over ₹26,170 crore. While most public sector banks have removed savings-account penalties, private banks continue to account for the majority of these charges.

Common Customer ID For Banks And Insurers Starts In August: Will Repeated KYC Finally End?

India is expected to begin rolling out CKYC 2.0 from August 2026, allowing banks and insurers to reuse verified customer records through OTP-based consent. The upgrade aims to reduce repeated KYC document submissions while maintaining regulatory checks for updated or high-risk accounts.

Adani Energy Wins ₹8,500 Crore Andhra Project: How Will It Support Green Hydrogen And Ammonia Production?

Adani Energy Solutions has won an approximately ₹8,500 crore inter-state transmission project in Andhra Pradesh to power proposed green hydrogen and green ammonia projects around Visakhapatnam. The project will strengthen the region’s clean-energy and digital infrastructure with 4,500 MW of transmission capacity.

Infosys Names Ashiss Kumar Dash As Its Next CEO: Why Has The IT Giant Also Cut Its Growth Forecast?

Infosys has appointed company veteran Ashiss Kumar Dash as its next CEO from April 2027 while lowering its FY27 revenue growth guidance. The announcement highlights a planned leadership transition alongside continued caution over global IT spending despite growing AI-driven business.

India Allows Foreign Investment In Export-Focused Online Retail: Can Amazon Buy And Sell Indian Products Directly?

India has relaxed its e-commerce FDI policy to allow foreign-funded platforms such as Amazon and Flipkart to own inventory of Indian-made goods—but only for exports. The move aims to boost e-commerce exports while keeping domestic online retail restrictions unchanged.

Who Is Prafull Billore? MBA Chaiwala’s Career, Net Worth, Buzz, and Fake Death Rumour Explained

MBA Chaiwala founder Prafull Billore is trending after shutting down a fake death rumour. Explore his entrepreneurial journey, business growth, net worth discussions, and the facts behind the viral hoax.