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SEBI Fines Future Retail ₹10 Lakh Over Delay in SIAC Arbitration Disclosure Context: The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹10 lakh on Future Retail Ltd for the delayed disclosure of arbitration proc 25 Apr 2025 RBI Inspection Triggers Spandana Sphoorty Leadership Change Amid Fraud Concerns Context: The Reserve Bank of India (RBI) may have uncovered serious operational lapses at Spandana Sphoorty Financial, prompting the sudden resignation of its M 25 Apr 2025 RBI Buys 57.5 Tonnes of Gold in FY25 Context: The Reserve Bank of India (RBI) added 57.5 tonnes of gold to its reserves in FY25, marking the second-highest annual purchase since it began accumulati 25 Apr 2025

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FIU-IND Directs Crypto Exchanges to Redo KYC by June 30 Context: The Financial Intelligence Unit-India (FIU-IND) has issued a directive mandating all registered cryptocurrency exchanges to enhance their Know Your Cus 25 Apr 2025 Sebi Imposes ₹10 Lakh Fine on Future Retail Context: The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹10 lakh on Future Retail for disclosure lapses related to material events, 25 Apr 2025 Revised Eligibility Criteria for SMEs to Migrate to Mainboard on NSE Context: The National Stock Exchange (NSE) has revised its eligibility criteria for small and medium enterprises (SMEs) wishing to migrate to the mainboard, eff 25 Apr 2025 Equity Mutual Funds Performance Based on Information Ratios (IR) Context: The Information Ratio (IR) has become an important metric to evaluate the performance of equity mutual fund schemes on a risk-adjusted basis. This rati 25 Apr 2025 New CBDT Notification Context: The Central Board of Direct Taxes (CBDT) has issued a notification stating that companies can no longer claim tax deductions on expenditures incurred t 25 Apr 2025

DigiLocker Initiative Launched for Athletes Context: Sports Minister Mansukh Mandaviya has launched the DigiLocker facility for athletes, aiming to digitally store and manage essential sports documents. T 25 Apr 2025 CBDT has notified a 1% Tax Collected at Source (TCS) Context: The Central Board of Direct Taxes (CBDT) has notified a 1% Tax Collected at Source (TCS) on the sale of specified luxury goods priced above ₹10 lakh, e 25 Apr 2025

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