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Blackstone lines up $200 million loan to refinance ASK credit lineBlackstone is in the process of arranging a $200 million loan for ASK Investment Managers. This loan aims to refinance an existing sponsor-...
India's 'achievable' FY27 direct tax target faces a make-or-break second halfIndia's budgeted direct tax collection target for this fiscal year is Rs 26.97 lakh crore. Current collections are at approximately 53 perc...
India's net direct tax mopup rises 11.76%India's net direct tax collections have risen 11.76% year-on-year to ₹14.42 lakh crore as of November 10. This growth is largely due to inc...
UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
HCA Global pre-leases 6.44 lakh sq ft in Mindspace Hyderabad; rental outgo Rs 945 croreHCA Healthcare’s Indian subsidiary, HCA Global Services, has pre-leased 6.44 lakh sq ft of office space at Mindspace in Hyderabad for 10 ye...
Rs 12.6 lakh salary, Rs 9.2 crore transactions: Telecom company employee lands on Income Tax radar over businesses he claims he never ownedA telecom company employee earning Rs 12.6 lakh annually allegedly faces questions over undisclosed income of Rs 9.2 crore after fraudsters...
IIFL Finance shares rally 5% as Blackstone leads Rs 6,414 crore capital infusionIIFL Finance shares surged on Wednesday after the company announced a Rs 6,414 crore capital infusion led by Blackstone, which will invest ...
Diwali dhamaka isn’t over! How a Rs 38 lakh crore bull run sent Sensex up 8,000 points and Nifty up 10% in 8 daysIndia’s Diwali rally has added nearly Rs 38 lakh crore to BSE-listed companies’ market value in just eight trading sessions, with the Sense...
PHD Chamber seeks capital gains tax rationalisation, doing away with BCD on feedstockThe PHD Chamber of Commerce and Industry has urged the government to abolish long-term capital gains tax on equity investments, cut short-t...
Indian organisations on edge as sites fail to Captcha AI intrudersPersonal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US b...
Punjab middleman's chats reveal 'payoffs' to 3 IAS & 1 IPS officerThe Enforcement Directorate is probing alleged cash dealings between Punjab-based intermediary Kirshanu Sharda and serving and retired publ...
Offline Aadhaar verification to get easier for users as UIDAI onboards 300 entities to complete processUIDAI has successfully onboarded 300 Offline Verification Seeking Entities since the launch in January 2026. This initiative aims to enhanc...
Scrap, cut or tweak? Centre weighs options on LTCG, STT to stem foreign investor exodusThe Centre is weighing proposals to scrap or lower long-term capital gains tax and recalibrate securities transaction tax as it seeks to ad...
Sebi relaxes cash market settlement rules for mutual fundsSecurities and Exchange Board of India has permitted mutual fund schemes to net fund obligations. This new regulation is set to come into e...
Firm It Up, Don't Junk It: India needs a more predictable capital gains tax regime to deepen equity marketsIndia's capital markets have seen significant changes, with millions of households participating in equity investing. The current tax frame...
Gig workers may get social security benefits through 2% transaction levy on businessesThe government is considering implementing a 2% transaction-based levy on aggregators to support social security for gig workers. This levy...
Government has fiscal headroom to absorb Rs 50,000 crore revenue loss from LTCG tax abolition: SBI ResearchSBI Research indicates that eliminating the long-term capital gains tax may lead to a modest revenue decline, estimated to be between Rs 40...