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Net direct tax kitty swells 8% on strong India Inc show
Net direct tax collections have risen 8% to 17.05 lakh crore by December 17, driven by strong corporate tax payments and reduced refunds. While c
Mitsubishi announces $4.4bn Shriram deal
Japan's MUFG is acquiring a 20% stake in Shriram Finance for $4.4 billion, marking the largest FDI in India's financial services. This strategic
Rs 1.3L cr mcap: I-Pru MF most valued Indian fund house
ICICI Prudential Asset Management Co debuted on Friday with a 20% premium, becoming India's most-valued fund house. The IPO, one of the most subs
Reddys to buy out IHCLs stake in Taj GVK Hotels
GVK Reddy's daughter, Shalini Bhupal, is set to acquire Indian Hotels' 25.5% stake in Taj GVK Hotels & Resorts for Rs 592 crore, becoming the lar
ED quizzes Anil Ambani's son, summons him again
Enforcement Directorate questioned Anil Ambani's son, Jai Anmol, for over seven hours in a Yes Bank money laundering probe. He's summoned again S
PFRDA: Schemes on assured returns face clashing rules
The Pension Fund Regulatory and Development Authority (PFRDA) in India is facing a daunting challenge in rolling out minimum return guarantee pro
India & Oman will work to roll out trade pact in three months: Piyush Goyal
India and Oman are set to implement a free trade agreement in the next three months. This pact allows Indian firms to employ 100% Indian staff fo
India-EU trade pact: Piyush Goyal to visit Brussels on January 8-9
Commerce Minister Piyush Goyal will visit Brussels next month for crucial trade talks. Negotiations for a proposed trade pact with the European U
Russia's Sberbank allowed to import gold into India
India has authorized Russia's Sberbank to import gold into the country. This inclusion is effective from June 25, 2025, until March 31, 2026. Sbe
India to remove duties on key Omani energy goods under trade pact
India will soon remove import duties on several Omani products. This is part of a new trade agreement, the CEPA, signed recently. Goods like crud
Fog disrupts flights: Dense fog hits Delhi airport operations; 177 cancelled, 500+ delayed
Dense fog grounded operations at Delhi's Indira Gandhi International Airport on Friday, leading to at least 177 flight cancellations and over 500
Ather Energy enters auto insurance space to strengthen EV ownership ecosystem
The new entity, which will operate as a Corporate Agent, will focus on offering auto insurance policies in partnership with multiple insurers for
India and the Netherlands have launched a Joint Trade and Investment Committee (JTIC) to boost economic ties and resolve trade barriers. An MoU e
India, Netherlands set up joint trade, investment committee
An MoU was inked in this regard between the two countries. The JTIC will serve as a dedicated mechanism to review bilateral trade relations, prom
Budget 2026: CII pitches lower import duties, 'trust-led' tax system, and more to Sitharaman & Co
The Confederation of Indian Industry (CII) has presented its economic roadmap to Finance Minister Nirmala Sitharaman. Key proposals include reduc
Name games in Parliament as ideology seeps into Bill titles
As the BJP government inscribes new titles on Bills, MPs from Tamil Nadu and Bengal take affront at linguistic imperialism of the Hindi heartland
Parliament passes G RAM G Bill
The Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) or the Viksit Bharat G RAM G Bill, 2025, seeks to establish a rural develo
A top US Federal Reserve official indicated no immediate need for further interest rate cuts. New York Fed President John Williams believes recen
The Reserve Bank of India's monetary policy committee decided on a 25 basis points repo rate cut. This move was driven by worries about economic
SBI Chairman inaugurates Agri Robotics Lab at Telanganas PJTAU
PJTAU takes its first step towards unmanned farming
Infosys ADR zooms 40% in early deal on Friday
NYSE halts trade after a massive surge in price
Corporations have a fundamental duty to protect ecosystem: SC holds
Corporate duty must evolve from merely protecting the shareholders to protecting the ecosystem that we all inhabit. Therefore, the corporate defi
The ED probe has revealed that 1xBet operated in India without authorisation and used surrogate branding and advertising to target Indian users v
Infosys ADR trading halted on NYSE after 40% surge
The New York Stock Exchange (NYSE) has stopped halted the trading of Infosys' American Depository Receipts (ADRs) after it surged 40% to $26.62 o
US housing market: Home sales tick up in November; annual volumes slip as prices stay elevated
US existing home sales saw a slight monthly increase in November, reaching a seasonally adjusted annual rate of 4.13 million units. Despite this,
Avadhut Sathe, academy get temporary SAT relief to start operations, access funds
The Securities Appellate Tribunal granted interim relief to Avadhut Sathe Training Academy, allowing operations to continue and permitting limite
Indias sale of urea sales jumps 20%, but that of DAP drops during Dec 1-12
Centre says availability of urea, MoP, comples and SSP comfortable
ET Market Watch: Sensex ends above 84,900, Nifty near 26K as global risk appetite improves
Grievance redressal key to ensure public trust: IRDAI Chairman
Grievances must be treated as as early warnings, says Ajay Seth
Securities Markets Code to sharpen SEBI enforcement, shorten probes
Single law to codify disgorgement, widen regulatory net and put timelines on investigations, say experts
Karnataka Hate Speech Bill passed amid Opposition criticism
The legislation invokes provisions of the Bharatiya Nyaya Sanhita and the Information Technology Act, 2000, in cases involving electronic communi
Skanray bets on regional air connectivity with proposed Skanjet airline
Skanray aims to enhance regional air connectivity with its proposed Skanjet airline, focusing on Mysurus growing travel demand.
Infosys' Sudha Murty's deepfake video goes viral, says, 'it's all because of...'
When clicked, the link takes users to a fake news like website made to lure people into sharing personal and financial details. After the video w
US Fed's John Williams says there is no urgent need to cut rates again
Federal Reserve President John Williams told CNBC on Friday he does not see an imminent need to follow last week's interest rate cut with another
Akasa Air to have 45 planes by next December
Akasa Air aims to expand its fleet to 45 Boeing 737 Max aircraft by next December, enhancing operations and safety.
Nike's China conundrum deepens as turnaround stagnates, shares slump 13%
Nike is running out of time to prove its China playbook works as its sixth straight quarterly decline in sales in the country underscores how a m
RBI imposes nearly Rs 6200000 penalty on this bank worth Rs 4.29?lakh?crore for...
RBI said that it found the bank had opened another BSBD account of certain customers who were already holding a basic savings bank deposit accoun
US markets today: Wall Street ticks up as AI shares stabilise; investors assess global cues
Wall Street opened higher, boosted by AI-linked stocks and a positive outlook following the Bank of Japan's anticipated interest rate hike. Major
The refreshed Mini Cooper S Convertible is ready to take you places
CCI, Nasscom workshop focusses on AIs impact on governance and competition
CCI chief Ravneet Kaur emphasises on need for regulators to adopt AI
Gold demand in India seen falling as prices surge, investment buying rises
Indias gold consumption is projected to drop to 650700 tonnes this year as a sharp price rally hurts jewellery demand. Investment buying remains
US stocks climb as markets hope for 'Santa Claus rally'
Wall Street's main indexes opened higher on Friday, as technology stocks extended their rebound from an early-week selloff, while Nike tumbled af
Gujarats Rabi sowing lags 3-yr avg by 18.5%; wheat, gram acreage declines
According to data released by the Gujarat government, farmers have sown Rabi crops across 37.51 lakh hectares, marginally higher than the 37.14 l
ADB commits $4.26 billion in sovereign lending to India in 2025
Nearly 32 per cent of ADB's 16 newly committed projects focus on the human and social development sector, followed by 26 per cent in the energy s
Over 97 lakh voters deleted from Tamil Nadu draft electoral after SIR
Chennai, Chengalpet, Tiruppur, and Coimbatore were among the constituencies with the highest percentage of deletions at 35.5 per cent, 25.2 per c
Rupee rebounds sharply as RBI steps in, ends week at one-month high
The rupee surged 97 paise to 89.27 per dollar, marking its third straight gain after hitting record lows. Likely RBI intervention, thin year-end
The Asian Development Bank committed $4.258 billion in sovereign lending to India for 2025, supporting key sectors like workforce skilling, renew
Grape crop damage affects raisin exports from Maharashtra
The damage has been most severe in Nashik and Sangli regions
SAT says finfluencer Avadhut Sathe can run academy
The advisors were allowed to resume educational activities subject to the securities law
Oman allowed marble block exports to India under trade pact: Piyush Goyal
India will now import marble blocks from Oman. This is a significant development under a new trade pact. The move aims to boost India's domestic
Union government convertedMGNREGA into centralised scheme, alleges Right to Food campaign
Demand that that the President of India must withhold assent to the legislation
RBI Board approves risk-based deposit insurance framework for banks
While the existing system is simple to understand and administer, it does not differentiate between banks based on their soundness. It is, theref
States get flexibility to raise overtime hours under labour codes: Vandana Gurnani
Overtime can be availed only with the consent of employees and must be compensated at twice the normal wage rate, Labour and Employment Secretary
They are cutting through our hearts: Kashmir farmers resist rail projects
The protests mark a resurgence of opposition nearly a year after railway authorities conducted the initial survey
How will my foreign RSUs get taxed in India?
As an ROR, your global income is taxable in India, which includes any gains arising from the sale of foreign RSUs
Uday Kotak lauds MUFG stake buy in Shriram Finance but flags big question on next move
Uday Kotak welcomed MUFG Banks Rs 39,618 crore investment in Shriram Finance, questioning whether it should remain an NBFC or eventually seek a b
Will gifting money to daughter from a foreign bank account attract tax in India?
Any monetary gift a non-resident receives from a resident is taxable in India if the total exceeds 50,000, according to the Income Tax Act. But t
CAG report reveals cost overruns and irregularity in award of naval project contracts
In a report tabled in parliament, CAG pointed out weaknesses in Indian Navys planning, contract management and monitoring mechanisms in infrastru
Forex kitty: Indias reserves rise $1.68 billion to $688.94 billion; gold and FX assets up
India's foreign exchange reserves surged by $1.689 billion to $688.949 billion in the week ending December 12. Special Drawing Rights and India's
Forex reserves jump $1.68 bn to $688.94 billion
For the week ended December 12, foreign currency assets, a major component of the reserves, increased by $906 million to $557.787 billion, accord
SAT lifts ban on Avadhut Sathe Trading Academy
De-freezes bank account partially to meet operational expenses
Niraj Shirgaokar of Ugar Sugar Mills becomes new ISMA president
Madhav Shriram becomes ISMA vice president
CCRI to release two new Arabica varieties
New varieties are resistant to white stem borer, leaf rust and high yielding
India's forex reserves rise by $1.7B to $690B
India's foreign exchange reserves have witnessed a major jump of $1.68 billion, hitting the mark of $688.94 billion, according to the latest data
Over 97 lakh voters deleted from Tamil Nadu draft electoral roll after SIR
Ther total number of voters removed after the SIR exercise is 97,37,831; as many as 14,25,018 names have been deleted in Chennai
Jeffrey Epstein files hit deadline for ordered release by DOJ on Friday
The DOJ for months had resisted calls to released the Epstein files. Jeffrey Epstein files hit deadline for ordered release by DOJ on Friday
Nike shares drop 10% as China sales plunge, tariffs hit profits
Investors are rattled by Nike's weak performance in China, despite fiscal second-quarter earnings and revenue that topped Wall Street's expectati
Received SMS from I-T department? Here's what it means
The Income Tax (I-T) Department has issued a clarification regarding the recent SMS and email communications sent to taxpayers.
ICICI Prudential MF files papers with SEBI for SIF
Aims for long-term capital appreciation by investing in equity and equity-related instruments of companies outside the top 100 by market capitali
Indias defence shipbuilding sector is entering a long-term growth phase driven by policy support and manufacturing focus. Prabhudas Lilladher see
The session passed the new rural employment programme, replacing the two-decade-old MNREGA
Budget 2026-27: FICCI pushes for faster dispute resolution and procedural reforms
Budget 2026-27: Industry body FICCI has urged the Union Budget 2026-27 to prioritise reducing tax litigation and streamlining compliance for busi
Adani group to commercially develop 240 acres at Navi Mumbai airport: Jeet Adani
Navi Mumbai airport can handle 20 million passengers, but the total demand is still higher. That is why we are starting the development of the se
Adani eyes nuclear energy projects as India introduces SHANTI Bill
The Adani Group, led by billionaire Gautam Adani, is in talks with the Uttar Pradesh government to set up a commercial nuclear energy project.
5 factors that influence your personal loan EMI know them before borrowing
The EMI of a personal loan depends on loan amount, interest rate, tenure, credit score and fees, making careful planning essential to manage mont
IIT Madras Wadhwani School launches AI training programme for government officials
The initiative has been developed in partnership with Google and theDigital Futures Lab, an independent, interdisciplinary research studio
As Bangladesh curbs jute exports to India, mills seek ban on seed shipments
Raw jute prices soar to 1,10,000 a tonne from 60,000 in July
Markets snap four-day losing streak on global optimism, Rupee recovery
Shriram Finance emerged as the top gainer among Nifty 50 constituents, surging 4.10% to close at 905.10, followed by Max Healthcare, which rose 2
China requests WTO consultations with India over ICT tariff, solar subsidies
China has approached the World Trade Organisation against India. The petition concerns tariffs on information and communication technology produc
India and Oman are set to activate their new economic partnership within three months, a swift rollout compared to past agreements. This pact gra
Cipla, Pfizer India partner to market 4 brands in India
Pharmaceutical giants Pfizer India and Cipla have announced a strategic partnership.
PMAY-G: Just 38% of sanctioned houses completed in Maharashtra
Over 25 lakh sanctioned houses are either at various stages of construction or yet to begin
India, Oman trade pact likely to be operationalised within three months: Goyal
Under the Comprehensive Economic Partnership Agreement, Oman has offered zero-duty access on over 98 of its tariff lines or product categories, c
Nithin Kamath's warning to traders: Why poor position sizing can wipe you out
Zerodha founder Nithin Kamath has warned traders that poor position sizing is one of the biggest causes of market losses. He said even traders wh
The Reserve Bank of India's Monetary Policy Committee highlighted that concluding trade talks swiftly could bolster growth amidst ongoing externa
Indian equities trail emerging markets by widest margin in decades
The Indian stock market has witnessed its worst relative performance in nearly three decades, according to a report by global brokerage firm Jeff
