The Hindu - Business (45 minutes ago)
India' steel exports to the U.S. are 95,000 tonnes, officials say they don't expect a tangible impact of the 25% import duties announced on Monday (February 10, 2024); experts believe oversupply in global steel capacities may hurt Indian firms' exports
ReadThe Times of India - Business (3 hours ago)
New Income Tax Bill: In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG survey highlights priorities such as dispute simplification, compliance enhancement, and corporate tax structure adjustments.
ReadThe Times of India - Business (4 hours ago)
New Income Tax Bill LIVE: Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act. The bill seeks to simplify tax laws while retaining current obligations and minimize disputes.
ReadThe Hindu - Business (5 hours ago)
Vespa has always been more than just a mode of transport since its inception. It's a cultural icon, a symbol of self-expression for many generations, and an inspiration for artists and creators, says Diego Graffi, Chairman and MD, of Piaggio Vehicles Pvt Ltd
ReadThe Hindu - Business (6 hours ago)
For about two-and-a-half years till January 2025, RBI followed a highly unfortunate exchange rate policy. It was very costly for the economy. And sadly it went unnoticed below the radar screen, says Former Chief Economic Advisor (CEA) Arvind Subramanian
ReadThe Hindu - Business (7 hours ago)
Southern States contribute over 30% of India's GDP, with Tamil Nadu and Karnataka emerging as standout performers with high compounded annual growth rates in Gross State Domestic Product (GSDP), says Chief Economic Adviser (CEA) V. Anantha Nageswaran
ReadThe Hindu - Business (9 hours ago)
The urban share of GDP has remained stagnant between 52-55% from 2000-2020. Given that the urban share of the population has continued to increase during this period, this implies that per capita urban income grew slower than rural during this period
ReadThe Times of India - Business (16 hours ago)
Biocon is set for major growth in the next 2-3 years, propelled by new generics and biosimilars. The Viatris acquisition strengthens its position in the U.S. market, with significant market share in some products already achieved. December quarter revenue increased by 14% in biosimilars and research services.
ReadThe Times of India - Business (19 hours ago)
More than 54.5 crore JanDhan accounts have been opened till January 15, 2025, with about 56 per cent belonging to women, according to Finance Minister Nirmala Sitharaman. The government initiated the Pradhan Mantri Jan Dhan Yojana in 2014 to provide universal banking services, later focusing on 'every unbanked adult'.
ReadThe Times of India - Business (21 hours ago)
Investors suffered a significant loss of Rs 7.68 lakh crore after a four-day market decline caused by foreign fund withdrawals and tariff war concerns. The Sensex dropped 1.61%, with various sectors, including metal and realty, witnessing substantial losses.
ReadThe Hindu - Business (22 hours ago)
Knowing that the disappointing financial numbers will not be touched upon, rail watchers, industry and markets clung to one lifeline — capital expenditure. However, the much-anticipated capex push failed to materialise beyond last two years' ₹2.62 lakh crore, signalling that even the government is pausing to reassess
ReadThe Times of India - Business (23 hours ago)
US President Donald Trump plans to reintroduce a 25% tariff on steel and aluminum imports, raising concerns for Indian steel producers facing intense competition and oversupply. Despite the significant tariffs, India's strong domestic market is expected to mitigate adverse effects on its steel industry.
ReadThe Times of India - Business (A day ago)
New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new regimen's appeal, the old tax regime with strategically structured salary perks like travel reimbursements, meal coupons, and gym memberships still provides substantial tax...
ReadThe Times of India - Business (A day ago)
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this benefit to consumers. The central bank aims to support growth while aligning inflation with targets, but historical insufficient transmission remains a concern.
ReadThe Times of India - Business (A day ago)
Stock market recommendations: Motilal Oswal Financial Services highlights Coromandel International and M&M Financial Services as top stock picks for the week starting February 10, 2025. Coromandel's strong quarterly performance and M&M Financial's robust growth in PAT and NII are key factors supporting the optimistic outlook.
ReadThe Hindu - Business (A day ago)
Successful investing is not about timing the market perfectly or finding the next 'hot' stock. It is about building a diversified and carefully chosen portfolio with a huge margin of safety and carefully chosen instruments based on policies and rules laid down by you in alignment with your long-term financial goals.
ReadThe Times of India - Business (A day ago)
Expenditure Secretary Manoj Govil anticipates an uptick in capital spending, citing early signs. He discusses upcoming 8th Pay Commission, expected by April, and its fiscal impact starting 2026. He also addresses the unified pension scheme aimed to be operational by April, foreseeing increased financial requirements.
ReadThe Times of India - Business (2 days ago)
Bajaj Auto plans to enter the domestic e-rickshaw market by the end of this fiscal, anticipating a significant opportunity in the 45,000 units-per-month segment. The company aims to launch a modern e-rickshaw, enhancing satisfaction for owners and passengers. Additionally, Bajaj Auto seeks to boost its electric scooter market share with its newly...
ReadThe Times of India - Business (3 days ago)
Finance minister Nirmala Sitharaman emphasized that coordinated fiscal and monetary efforts by the government and RBI will boost consumption. She noted early signs of strong orders for the next fiscal, indicating a recovery in consumption and potential private investment. Her remarks followed income tax relief measures and an RBI rate cut,...
ReadThe Hindu - Business (3 days ago)
Members say Budget failed to address grievances of farmers or tackle inflation and unemployment; They flag 'stagnant' allocation for health and education, seek more funds to strengthen food security, and demand reduction in GST on essential items; Congress MPs object to absence of Finance Minister in House
ReadThe Times of India - Business (4 days ago)
Byju's interim resolution professional Pankaj Shrivastava has convened a committee of creditors meeting to vote on a permanent resolution professional. Glas Trust Company, holding 99.41% voting rights, can pass its preferred nominee. Previous resolution decisions were criticized by NCLT, leading to potential disciplinary action and Misconduct...
ReadThe Times of India - Business (4 days ago)
New Income Tax Bill: The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer language and concise sentences, is expected to reduce legal disputes and will be reviewed during the Budget session.
ReadThe Times of India - Business (4 days ago)
The RBI has announced the launch of exclusive internet domains, 'bank.in' for Indian banks and 'fin.in' for non-bank financial entities, to address cybersecurity. New domains will enhance security and reduce fraud. Additional Factor of Authentication will be implemented for cross-border card transactions to further secure digital payments.
ReadThe Times of India - Business (4 days ago)
Loan EMI calculator after RBI MPC meet: Your home and personal loan EMIs are set to come down with the RBI governor Sanjay Malhotra announcing a 25 basis points cut in repo rate. Combine that with the recently announced changes in income tax slabs and rates, and it's a bonanza for the middle class! We take a look at when your loan EMIs are likely...
ReadThe Times of India - Business (4 days ago)
Budget 2025 income tax: Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various changes have been introduced in the new tax regime. The basic exemption limit has been increased from INR 3 lakhs to INR 4 lakhs.
ReadThe Times of India - Business (4 days ago)
The Reserve Bank of India cut its key repo rate by 25 basis points to 6.25%, the first cut in nearly five years. This decision from the Monetary Policy Committee aims to stimulate economic growth and offers relief to borrowers with lower EMIs. The move is in response to reduced economic growth and inflation management challenges.
ReadThe Times of India - Business (4 days ago)
The Reserve Bank of India is anticipated to cut the repo rate by 25 basis points in its first policy decision under Governor Sanjay Malhotra. Experts believe this move aims to boost economic growth while maintaining inflation control, amid eased inflationary pressures and a stable Consumer Price Index.
ReadThe Times of India - Business (4 days ago)
Stock market recommendations: Bajaj Broking Research recommends buying Camlin Fine Sciences and Equinox India Developments for favorable stock positions. The Nifty is expected to sustain a positive bias above the 23,200-23,400 support area, with a gradual move towards 24,000-24,200 levels.
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