The Indian rupee has reached its weakest point ever. This is due to increased demand for dollars and higher oil prices. India’s central bank is exploring ways to attract dollar inflows. These measures aim to strengthen foreign exchange reserves. The…
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Waaree Energies’ CFO anticipates continued volume-led growth, projecting significant revenue and profit increases over the next two years driven by substantial capex in new manufacturing capacities. The company is also expanding into battery storage and electrolyser manufacturing, aiming for margin…
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India’s manufacturing sector saw a small increase in April, yet activity stayed near a four-year low. Weak domestic demand and rising costs, influenced by the Middle East war, impacted growth. Production and new orders saw their second-slowest rise since mid-2022.…
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India has eased Foreign Direct Investment rules. Foreign companies with up to ten percent Chinese or Hong Kong shareholding can now invest in India through the automatic route. This change, effective May first, 2026, aims to boost investment. Previously, stricter…
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MCX shares fell after SEBI signalled that banks and insurers are unlikely to be allowed into commodity derivatives. SEBI chief Tuhin Kanta Pandey said the regulator won’t push the proposal with Reserve Bank of India.
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Three top-notch hospitals in Mumbai and a famous international spiritual organisation-all functioning as charitable trusts-have been denied Income tax (I-T) exemption on the grounds that they were carrying out commercial activities.
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