The Indian rupee strengthened by 32 paise to 94.85 against the US dollar in early trade on Thursday, extending its recent gains amid continued support from the Reserve Bank of India’s forex management measures and a softer greenback.
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Oil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Houthi attacks on Saudi Aramco, heightening supply disruption fears. In response, the US is considering relaxing sanctions on oil transport…
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Stock market rally today: Buying in IT, banking and consumer stocks lifted the stock market sentiment. At 10:36 AM, Nifty50 was trading at 22,915.15, up 292 points or 1.29%. BSE Sensex was at 73,777.19, up 995 points or 1.37%.
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India’s NBFC and BFSI sector is accelerating its shift towards AI and cloud, but fragmented data, legacy systems and tightening regulatory expectations remain key challenges. Shailesh Singla, vice president, Cloud Applications, Oracle India, explains how connected enterprise systems can reshape…
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Finance Minister Nirmala Sitharaman expressed interest in the discussions surrounding stock investment taxes and their implications. She mentioned that changes to these taxes are highly anticipated ahead of the Union Budget. Additionally, Sitharaman noted that the Reserve Bank of India…
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CBDT has launched the SAKSHAM NUDGE campaign aimed at tax professionals to encourage timely filing of tax audit reports. The campaign targets those who filed fewer than 50% of their reports in the previous financial year. Messages were sent via…
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