ITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Brokerage Motilal Oswal Financial Services remained cautious on the stock, noting that the revised tax…
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As global economic growth slows down amid the West Asia crisis, India is projected to register 6.3 per cent growth in 2026-27 (FY27) and 6.4 per cent in 2027-28 (FY28), the Organisation for Economic Cooperation and Development (OECD) said on…
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The US is reintroducing country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade Act. This move, targeting imports made with forced labor, coincides with ongoing trade talks. While the US cites unfair competition,…
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SBI Chairman CS Setty anticipates the Monetary Policy Committee will pause interest rates this week. This aligns with market expectations as economic growth and inflation dynamics support the decision. While a pause is expected now, some economists foresee rate hikes…
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Informal guidance to Maithan Alloys says cousin of promoter-group member is not a ‘relative’ under LODR Regulations; clarification may influence board appointments across listed companies.
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The Reserve Bank of India will conduct a two-day variable rate repo auction worth Rs 50,000 crore on June 3. This move aims to manage liquidity in the banking system. The auction will occur between 9:30 am and 10 am.…
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