NEW DELHI: India’s affluent investors are increasingly turning to Alternative Investment Funds (AIFs), with investments in the space reaching to just under Rs 5.4 lakh crore by the end of the March 2025 quarter, a surge of 32% from the year earlier.This increase in AIF investments is being driven by the heightened market volatility and…
The Central Board of Direct Taxes (CBDT) has launched a probe into possible tax evasion and laundering of unaccounted income through investments in virtual digital assets (VDAs), including high-risk VDA transactions and cryptocurrencies, sources in the government said on Thursday.The tax authority is currently verifying individuals and entities engaged in high-risk VDA transactions who appear…
MUMBAI: Dutch technology investor Prosus will use a mix of investments and acquisitions to bolster its play in India, where it is seeking to build a portfolio worth $50 billion in the years to come, Group CEO Fabricio Bloisi, who took over the top job in July last year, said.The firm’s approach will not be…
The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration. “ZMoney” was Zachary Folkman, an entrepreneur who once ran a company called Date Hotter Girls and was now representing World Liberty Financial, the cryptocurrency firm that Mr. Trump and his sons had recently unveiled. Mr. Folkman…
Cyber Fraud: दिल्ली के शाहदरा की 61 वर्षीय सरकारी अधिकारी एक बड़े निवेश घोटाले का शिकार हो गईं जिसमें उन्होंने 1.2 करोड़ रुपये गवां दिए. ठगों ने खुद को यूके स्थित एक ऑनलाइन शॉपिंग प्लेटफॉर्म का प्रतिनिधि बताकर उन्हें निवेश के लिए प्रेरित किया. धोखेबाजों ने हाई रिटर्न का लालच देकर महिला को धीरे-धीरे अपने…
Donald Trump has renamed the Gulf of Mexico to the Gulf of America. U.S. documents recognise 9th February as Gulf of America Day. Google Maps shows this change, displaying Gulf of America alongside Gulf of Mexico. This is part of Trump’s agenda for U.S. dominance and aims to boost investments and control over the region….
NEW DELHI: A recent survey conducted by the Confederation of Indian Industry (CII) reveals an optimistic outlook for the Indian economy, with 75 per cent of the companies believing the present environment is conducive to private investments. This positive sentiment persists despite continuous challenges posed by geopolitical uncertainties and disrupted supply chains. With 70 per…
India’s current economic environment is conducive for private investments with the country emerging as a “bright spot” amid the challenging global environment, according to a CII survey. The pan-India survey is an ongoing initiative, which would be completed for 500 firms by the first week of February. The interim results are based on a sample…
Union Budget 2025: We propose the government to consider increasing capex in FY26 by 15 percent over 2024-25, says FICCI. (AI image) Budget 2025 expectations: Finance Minister Nirmala Sitharaman’s Union Budget 2025 should focus on maintaining a thrust on investments and implementing next generation reforms, according to FICCI. In its list of pre-Budget 2025 recommendations…
NEW DELHI: The Union government’s efforts on infrastructure development and investments in critical sectors such as railways, defence, power, and data centres are expected to drive growth momentum into the financial year (FY) 2026 and beyond, says a report by financial services firm Prabhudas Lilladher (PL). According to the report, the foundations for a gradual…