- Lenders seek RBI approval to spread their MTM losses
Indian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the remaining three quarters, citing ...
Parliament clears taxation bill, Sitharaman says UPI transactions to remain freeParliament has passed the Taxation and other Laws (Amendment) Bill. Finance Minister Nirmala Sitharaman confirmed UPI will remain free for ...
Trump-linked fintech firm AI Financial sells unit to Prime DeltaAI Financial will receive a $12 million secured promissory note - with $1 million due next week and the rest paid over time - and about 1...
FPIs, trading companies tap Sebi, centre for tax breatherInvestors from abroad are pressing regulators for a decrease in securities transaction taxes to alleviate the burden of double capital gain...
A US cloud computing company reports $703.1 million in revenue, then announces plans to lay off 5% of its workforceNutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and ...
RBI policy: Will high-interest rate cycle return for FD investors as RBI holds repo rate amid rising inflation?RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band,...
Can Wall Street pay to get Donald Trump's posts first? Here's why it mattersTrump Media's new Truth API service offers ultra-fast access to influential posts. This subscription targets Wall Street firms for rapid tr...
Promoter ownership climbs to two-year high despite persistent FII sellingIndian promoters significantly boosted their company ownership, reaching a two-year peak. Foreign institutional investors reduced their sta...
Global Market Today: Asian shares rise after Wall Street rally driven by tech stocksAsian shares advanced, mirroring a Wall Street rally fueled by technology stocks. The yen stabilized after intervention-driven gains, while...
ITC Q1 earnings hit by cigarette tax burden; FMCG, paper businesses offer supportITC's June 2026 earnings fell due to higher cigarette taxes and disruptions. Resilient growth in the consumer segment cushioned the overall...
FPI inflows into Indian G-Secs dry up as US rate hike loomsForeign investors are reducing positions in Indian debt after a key index inclusion was delayed. Inflows into Indian debt have significantl...
Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from s...
New Tax Bill sweetens deal for electronics makers, global investorsThe Taxation and Other Laws Amendment Bill, 2026 proposes extending electronics tax incentives until 2041, easing rules for foreign investo...
Motilal Oswal calls Bloomberg delay on India G-Secs a "temporary operational pause," expects inclusion within monthsMotilal Oswal believes Bloomberg's G-Sec inclusion delay is a temporary pause. He cited operational issues and foreign investor onboarding ...
Amazon completes $50 billion OpenAI investement as ChatGPT maker nears IPOThe investment completes one of the biggest funding deals in the artificial intelligence (AI) sector, giving Amazon a roughly 5% stake in O...
Has government scrapped Long Term Capital Gain (LTCG) tax for foreign investors? Finance Ministry repliesThe government has clarified no LTCG tax scrapping for foreign investors. Only investments in Government Securities now receive tax exempti...
Aswath Damodaran warns against disclosure diarrhoea. Why the valuation guru wants Wall Street to end quarterly earningsValuation expert Aswath Damodaran has criticised excessive quarterly disclosures, calling it “disclosure diarrhoea” that fuels short-termis...