Goldman Sachs has added Reliance Industries to its Asia Pacific Conviction List, anticipating a significant boost in earnings and valuation. The brokerage highlights improved refining fundamentals, a retail turnaround, and a potential telecom tariff hike as key catalysts. With a…
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As the Reserve Bank of India (RBI) prepares for its monetary policy committee (MPC) meeting this week, industry experts said on Tuesday that the transmission of rate cuts into lower borrowing costs is vital to sustain residential real estate demand…
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Rakesh Kumar Jain, Director (Finance), GAIL India, says the company has estimated a CapEx of around Rs 10,700 crore for FY26 and a large part of this will go to pipeline infrastructure. Jain also spoke on the company’s strategic priorities…
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Approximately 1 in 2 industrial organizations in Asia Pacific (APAC) estimate their financial losses caused by cyberattacks at over $1,000,000, with 12.9% reporting losses exceeding $5,000,000. Globally, almost one in four report losses exceeding $5,000,000, and for some, it surpasses…
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The US government is doubling tariffs on steel and aluminium imports. This move creates uncertainty, but offers mixed results for Indian firms with US operations.
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The Allahabad High Court has rejected Patanjali Ayurved’s plea against a Rs 273.50-crore GST penalty. The court stated that tax authorities can impose penalties through civil proceedings. It clarified that criminal trials aren’t necessary for GST penalties. The investigation revealed…
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