RBI issues clarifications on forex hedging curbsThe Reserve Bank of India issued clarifications on its recent measures to support the rupee. This followed concerns about tighter hedging r...
Homeowner sold redeveloped flat for Rs 1.95 crore, paid no income tax, received a tax notice; wins relief in ITAT MumbaiAfter redevelopment of housing society, homeowner sold his flat for Rs 1.95 crore, pays no tax, got tax notice, wins case in ITAT Mumbai fo...
Ahead of Market: 10 things that will decide stock market action on ThursdaySensex and Nifty ended lower on Wednesday as investors booked profits after the previous session’s rally, with caution ahead of US inflatio...
Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
Rs 5 lakh crore worth FII outflows since 2024 capital gains tax hike wreak havoc on Dalal Street. Is a reversal on the cards?Foreign investors have sold over Rs 5 lakh crore of Indian equities since the 2024 capital gains tax hike, with outflows intensifying in 20...
Sensex falls over 250 points, Nifty closes below 22,650 even as IT stocks shine. What lies ahead for Dalal Street?Indian equities traded nearly flat after a sharp rally in the previous session, with IT stocks extending gains while pharma shares declined...
Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
RBI open to more steps to curb FX speculation, Governor Sanjay Malhotra saysRBI Governor Sanjay Malhotra said the central bank may take further steps to curb speculative forex trading and ensure orderly movement in ...
D-Street braces for weak opening on negative GIFT Nifty cuesThe Nifty index surged to close at 22,722, bouncing back with a hefty gain of 434 points from its lowest dip of the day. Positive remarks f...
FM Sitharaman ready to hear out stock market tax debateFinance Minister Nirmala Sitharaman expressed interest in the discussions surrounding stock investment taxes and their implications. She me...
Market wrap: HCL Tech, TCS, Kotak Bank, Eternal top gainers and losers on Nifty and Sensex on TuesdayIndian equity markets rallied over 1.5% on Tuesday, with the Sensex rising 1,109 points and the Nifty 50 gaining 358 points. IT stocks led ...
Why did market rally today? Sensex surges 1,100 points, Nifty closes above 22,700. 5 key factors behind D-Street reboundStock Market Today: On Tuesday, Indian equity benchmarks, Sensex and Nifty, showcased a robust recovery after a lower opening. Driving this...
FM Sitharaman's LTCG tax remarks lift Sensex by 1,100 points. Can markets hope for a review?Indian equities rallied on Tuesday, with the Sensex surging over 1,000 points after Finance Minister Nirmala Sitharaman said discussions ar...
Rupee volatility in focus as Sitharaman signals more RBI action, weighs LTCG tax debateFinance Minister Nirmala Sitharaman said the RBI may take further measures to curb rupee volatility, clarifying that its aim is to stabilis...
'If you can't beat them, join them': Uday Kotak backs Chinese investment in IndiaEncouraging a paradigm shift, Uday Kotak of Kotak Mahindra Bank calls for increased Chinese investments in India. He posits that collaborat...
SBI Research calls for abolition of LTCG tax on equities to boost foreign capital inflowsAccording to SBI Research, removing the long-term capital gains tax on equities could revitalize investment levels. The report emphasizes e...
SBI economists call for scrapping LTCG tax on equitiesSBI economists are advocating for the elimination of long-term capital gains tax to stimulate sustained investment in Indian equity markets...