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TAX CUTS IN INDIA
Suzlon Energy cuts operating margin guidance to 15%Suzlon Energy reported a 1.3% year-on-year increase in consolidated net profit to Rs 394 crore for the September quarter of FY27. Net profi...
Fiscal deficit in H1 rises to 42.1% of FY27 target on higher capex, subsidiesBy September 2026, the Centre's fiscal deficit had escalated to ₹7.14 lakh crore, exceeding last year's figures. This increase is fueled by...
Suzlon Energy shares crash 10% as Nuvama, others slash target prices after Q2 margins disappoint. What lies ahead?After Suzlon Energy's quarterly results for September were unveiled, its shares fell nearly 10%. The company faced a staggering 69% decline...
Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology b...
Why is market rallying today? Sensex jumps 900 points, Nifty above 22,900. 6 key factors behind Rs 5 lakh crore gainsThe Indian stock market saw a vibrant uptick as both Sensex and Nifty surged over 1.1%, attributed to the Federal Reserve's decision to mai...
Hyundai Motor shares jump 6% even as Q2 net profit declines 24% YoY. Why Nomura, other brokerages remain bullish?Hyundai Motor India shares rose despite a sharp decline in Q2 FY27 profit as rising commodity costs squeezed margins. Nomura and Motilal Os...
Potential LTCG tax cut could revive FIIs’ India bet, says Jefferies: Which stocks may benefit most?Jefferies sees a potential long-term capital gains tax (LTCG) cut as a possible trigger for foreign investors to return to Indian equities ...
US Senator Bernie Sanders slams Microsoft for slashing 60,000 jobs, stirs online debateMicrosoft announced on October 26that it is introducing a voluntary exit programme targeting eligible employees in the US, Canada, India, a...
Why India’s largest carmaker’s chairman believes small cars still rule the road despite the SUV crazeMaruti Suzuki Chairman R C Bhargava highlighted the ongoing demand for small cars in India. He noted sales figures of 398,000 small cars an...
Metals thrust, strong growth engines power Vedanta's stellar July-SeptemberThe metals-to-oil conglomerate's profit in Q2 was boosted by higher base metal prices. Vedanta attributed its robust Q2 show to higher comm...
Hyundai Motor India's Q2 profit falls 24% as commodity costs blunt tax-cut boost to demandHyundai Motor India reported a profit drop of 24% in the second quarter due to increased raw material costs. Rising commodity prices for ma...
Hindustan Unilever looks to stronger FY27, but commodity inflation threatens to squeeze marginsHindustan Unilever expects commodity inflation to continue impacting margins in the near term. The company anticipates better growth in FY2...
GST clarification on foreign investor brokerage offers sentiment boost, analysts sayThe Indian government has clarified that brokerage paid by overseas clients may qualify as an export service. This could help foreign inves...
West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi NayarThe West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained be...
Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machineryAn integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will...
India expected to extend duty-free cotton imports through December, sources sayIndia is expected to extend the 11% customs duty exemption on cotton imports until the end of December to ease supply shortages, lower dome...
Scion of one of India’s biggest fortunes puts his England mansion up for discount saleAnand Nadathur, inheritor of a huge fortune in India, has reduced the asking price of his opulent Surrey property from £19.5 million to £15...