CATEGORIES

The need of the hour is a 'Dream Budget'

In less than two weeks, the finance minister will present the Union Budget for 2025-26.

Focus on Davos

States must improve ease of doing business

Clarity needed on Rodtep scheme extension for EOU/SEZ/AA exports

We had supplied our manufactured goods to a merchant exporter on payment of 0.1 per cent IGST under the notification 41/2017-IT(Rate) dated 13th October 2017.

'Lodha' brand triggers tussle amid brothers

Abhishek Lodha has approached the Bombay HC seeking to stop Abhinandan from using the name

Plutus, Axana to buy another 26% in Nazara via open offer

Axana Estates and Plutus Wealth Management along with Junomoneta Finsol have made an open offer to acquire up to 26 per cent stake in Nazara Technologies, a gaming company.

India may account for 16% of consumption by 2050

World Data Lab projections based on PPP criterion

Billionaire wealth grew 3 times faster by $2 trn in 2024: Oxfam

Billionaire wealth across the globe surged by $2 trillion in 2024 to $15 trillion at a rate three times faster than the previous year, a study showed on Monday as the richest of the world began to assemble for their annual jamboree in this ski resort town.

Tariffs Can Drive Prices Higher, Says Ikea CEO

For budget furniture retailer Ikea, the fewer trade tariffs there are, the better, CEO of Ingka group, the biggest global Ikea franchisee, told Reuters on Monday as businesses braced for higher possible US tariffs under President Donald Trump.

Bank stocks steer Nifty 50, Sensex to green territory

The equity benchmarks ended Monday's session in positive territory, buoyed by gains in banking stocks, particularly after Kotak Mahindra Bank reported strong earnings.

File revised, updated ITR before taxman discovers false claim

A recent media report reveals that around 90,000 salaried individuals from public and private sector companies withdrew tax deduction claims worth 1,070 crore as on December 31, 2024. With extensive data available to the Income-Tax (I-T) Department from multiple sources, the likelihood of detecting wrongful claims is now significantly high.

Trump 2.0 begins with new allies, clear goals

Donald Trump's swearing-in on Monday marked the second time in US history that a president lost the office and managed to return to power - a comeback cementing his place within the Republican Party as an enduring, transformational figure rather than a one-term aberration.

Fintechs move away from 3rd-party orchestration platforms

Financial technology (fintech) companies are moving away from third-party routers and payment orchestration partnerships as they seek direct integration with their merchant base.

Higher dependency on bulk deposits signals structural liquidity issues: RBI deputy guv

Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao has cautioned that a higher dependence on wholesale funds to meet loan demand is an indicator of potential structural liquidity issues.

PharmEasy co-founders to start new venture in consumer space

Dhaval Shah, Dharmil Sheth and Hardhik Dedhia, founders of API Holding, which runs PharmEasy, are set to start a venture in the consumer space.

Gaza ceasefire: Israel frees 90 Palestinian prisoners

Israel started to release 90 Palestinian prisoners and detainees on Monday, more than seven hours after three Israeli hostages released from Hamas captivity in Gaza returned to Israel.

Paytm losses shrink, revenue declines 36%

One 97 Communications, the parent company of Paytm, narrowed its losses to ₹208.3 crore in the third quarter of financial year 2025 (Q3FY25), down from ₹219.8 crore in Q3FY24.

Vi stock extends rally on AGR waiver buzz

Shares of Vodafone Idea (Vi) on Monday hit an intraday high of ₹10.48 apiece on the BSE on reports that the government was working on a proposal to waive a substantial portion of adjusted gross revenue (AGR) dues for telecom companies.

Bajaj Finance, Airtel Join Hands to Create Fin Services Digital Platform

Bajaj Finance has entered into a partnership with Bharti Airtel to create a digital platform for financial services.

Indian CEOs Upbeat on Growth, Hiring: PwC Survey

Tech disruption identified as top threat

Govt Allows 1 MT Sugar Exports for 2024-25 Season

The government on Monday allowed the export of 1 million tonnes (mt) of sugar in the ongoing 2024-25 season ending September.

RG Kar Rape and Murder Case: Roy Gets Life Term

A Kolkata court sentenced Sanjay Roy to imprisonment till death on Monday after he was convicted of the rape and murder of an on-duty doctor at the state-run RG Kar Medical College and Hospital.

RBI May Turn to Longer Tenure $-₹ Buy-Sell Swaps

With dollar short positions rising in the non-deliverable forwards (NDF) market, the Reserve Bank of India (RBI) could introduce longer-tenure buy-sell dollar-rupee swaps to address the current liquidity situation, according to market participants.

Higher room rates to drive gains for Indian Hotels

Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent.

We Have Made Manufacturing More Complicated: CEA

India has made its manufacturing sector complicated for small and medium enterprises with onerous rules such as those related to use of land, Chief Economic Advisor (CEA) V Anantha Nageswaran (pictured) said on Monday.

Inter-ministerial clarity sought on China bidders

DPIIT asks ministries to submit inputs within 30 days of application

Hyundai, Swiggy May Make It to Nifty Next 50

Hyundai Motor India and Swiggy are expected to make it to the Nifty Next 50 index during the rebalancing exercise slated for next month.

Trump 2.0: Quad foreign ministers may meet today

A day after Donald Trump took charge as the 47th President of the United States, his Secretary of State pick Marco Rubio may sit down with External Affairs Minister (EAM) S Jaishankar, and their ministerial counterparts from Japan and Australia on Tuesday.

UK's Richest 10% Extracted Half of Wealth from India During Colonisation: Study

The UK extracted $64.82 trillion from India over a century of colonialism between 1765 and 1900 and $33.8 trillion of this went to the richest 10 percent—enough money to carpet London in notes of 50 British pounds almost four times over.

RBI Eases Norms for ARCs to Settle Borrower Dues

Move aims to bring rules almost in line with banks, NBFCs

At many cos, workers to take 500 yrs to match top exec's pay

An increasing share of top executives now earns more in a year than their median employees would in 500 years, highlighting a growing wage gap in corporate India.