Global brokerage firm Morgan Stanley has said that the Reserve Bank of India (RBI) is likely to go for one more rate cut of 25 basis points (bps) in its October policy meeting, even as inflation continues to fall rapidly.
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Byju Raveendran, founder of Byju’s, refuted allegations in a Delaware court by Glas Trust’s counsel, who accused him of negotiating unofficial payments with Indian officials. Raveendran denies these claims, calling them baseless and aimed at influencing court orders. He highlights…
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India’s top think tank suggests easing investment rules for Chinese companies, proposing up to a 24% stake without requiring security clearance. This initiative aims to boost foreign direct investment, currently hindered by stringent regulations imposed after 2020 border clashes. The…
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The department issued a detailed statement responding to reports that sections of traders have stopped accepting payments through the UPI apps after it issued GST notices to unregistered traders whose annual UPI transactions breached the Rs 20 lakh cap in…
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Trump claims Coca-Cola will switch to real cane sugar in US-made sodas, a move framed as a health win, though Coca-Cola’s confirmation is vague. This shift taps into nostalgia and anti-corporate sentiment, potentially impacting corn farmers and sugar producers. Meanwhile,…
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Market expert Sunil Subramaniam anticipates market stabilization and a potential IT sector rebound driven by positive earnings from Wipro and LTIMindtree. He highlights the oversold IT sector’s potential catch-up, contingent on FIIs returning. Subramaniam also sees continued strength in the…
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