India tax authorities conduct searches at IIFL group companies, sources say
IIFL-TAX-India tax authorities conduct searches at IIFL group companies, sources say
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Trump’s rate-cut call can’t reverse underwhelming growth odds just yet
With Donald Trump’s re-election, economic issues on either side of the Atlantic bring policy rates into focus. Trump’s call to reduce funding and fuel costs is significant, but oil economics are complex. India faces a similar situation and may benefit…
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Union Budget 2025: The critical factors concerning India’s economy that must not be ignored
“Without the support of the appropriate policy measures, especially accelerating overall economic growth, which in turn needs a strategy to improve the supply chain as well as strengthen the aggregate demand we simply cannot dream of becoming the Vikasit Bharat.…
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India’s smallcap index plunges 20% from September high
The NSE Nifty Smallcap 250 Index was on course to enter a bear market after losing more than 3% early in Tuesday’s session. It sank 3.7% on Monday. Small- and mid-cap stocks seem to be bearing the brunt of the…
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Rupee and dollar movement to keep IT margins on edge
The rupee’s recent depreciation against the US dollar has boosted Indian IT companies’ profitability in Q3 2024. However, the unpredictable movement of other currencies like the euro and pound, coupled with rising operational costs and visa challenges, pose significant risks.…
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RBI dissolves Aviom Housing board, to initiate IBC process
The regulator has appointed Ram Kumar, a former chief general manager at Punjab National Bank, as the Administrator. The regulator also plans to apply to the National Company Law Tribunal (NCLT), New Delhi, to appoint the Administrator as the Insolvency…
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