India’s banking system faces a significant cash shortage for the first time in 2026. Heavy tax payments and central bank actions to support the rupee have drained funds. This has pushed borrowing costs higher. Experts anticipate liquidity to improve by…
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Market regulator Securities and Exchange Board of India’s (SEBI’s) board on Monday allowed Foreign Portfolio Investors (FPIs) net settlement of their funds on their intraday cash market transactions and announced other measures to improve ease of doing business.
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India’s market regulator, SEBI, has approved new conflict-of-interest rules for its officials. Senior staff must now liquidate personal equity holdings upon joining and cease trading while in office. SEBI also eased trade settlement rules for foreign portfolio investors, allowing net…
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DBS Bank India has launched a direct tax payment facility. Customers can now pay income tax, advance tax, and TDS directly from their bank accounts. This is enabled by the TIN 2.0 platform. The bank already offers Goods and Services…
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In the electronics segment, LG, Samsung, Panasonic, Daikin and Havells-owned Lloyd have issued circulars to their trade partners announcing price increases. LG, in a notice on Friday, said it will raise AC prices by 10%, while prices of other products…
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The Income Tax department on Monday said its e-filing portal will facilitate compliance under the old and Income Tax Acts, and all assessments, appeals, and other proceedings relating to earlier years will continue to be conducted under the old Act…
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