A special CBI court in Chennai on Friday convicted and sentenced seven individuals, including a former senior tax assistant of the Income Tax Department, to four years of rigorous imprisonment along with a total fine of Rs 2.4 lakh in…
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In the latest “GREED & Fear” report, Wood disclosed that HDFC Bank has been removed from both his Asia ex-Japan and global long-only equity portfolios, with the proceeds redeployed into HSBC, even as he pares back India and Australia to…
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The Indian government will now review special additional excise duty on diesel and ATF every two weeks. This move aims to ensure domestic availability of these fuels. Additionally, excise duty on petrol and diesel has been cut by Rs 10…
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KV Kamath, a veteran of India’s financial transformation, warns that disruption is no longer a future threat but a present reality for legacy players. He highlights how technological shifts, particularly since 2014-15, have empowered fintechs, leaving traditional institutions dangerously behind,…
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Foreign investors are exiting Indian markets rapidly. This is driven by rising oil prices due to the Iran war. Concerns about inflation and India’s growth outlook are increasing. The Indian rupee has fallen to new lows. Hedging costs have also…
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India’s budget for FY2027 faces challenges due to rising global oil and gas prices. The West Asia conflict is pushing up costs, potentially increasing government spending on fuel and fertilizer subsidies. This could also impact tax collections. The government may…
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