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Infosys fined by Singapore tax authority over GST payment, what company’s filing on stock exchange says

Infosys faces a penalty of over Rs 66 lakh from the Inland Revenue Authority of Singapore related to GST payments. Simultaneously, Infosys plans to acquire a 75% stake in Versent Group, a subsidiary of Telstra, for approximately Rs 1,336 crore.…

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Red flags for the economy: Economist points to 3 warning signs of an imminent recession in US

​Zandi, chief economist at Moody’s Analytics, shared his concerns in a recent thread on social media X (formerly Twitter), laying out what he believes are the most telling red flags, according to the Business Insider report. While the economy hasn’t…

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India among fastest growing economies: JSW Group chairman Sajjan Jindal

JSW Group chairman Sajjan Jindal refuted Donald Trump’s remarks about India’s economy, emphasizing its rapid growth and potential during JSW Cement’s listing ceremony at the NSE. Jindal highlighted India’s position as the fastest-growing large economy, dismissing Trump’s “dead economy” comment.…

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GSTAT’s first anti-profiteering ruling expands probe scope, rejects cost-based defences; hospitality, retail on notice

In its first anti-profiteering ruling, the GST Appellate Tribunal expanded probe powers and dismissed cost-based pricing defences. Experts warn hospitality and retail firms must pass on GST cuts across all products but can they withstand tougher Section 171 compliance without…

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How India struggled to regulate Jane Street’s money-spinning machine

JANE-STREET-INDIA-How India struggled to regulate Jane Street’s money-spinning machine

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RSB Retail to file DRHP with Sebi for Rs 1,500 crore IPO soon

RSB Retail India, previously known as RS Brothers Retail India, is preparing to launch an IPO to raise approximately ₹1,500 crore. The South India-based multi-brand retail chain will soon file its DRHP with Sebi. The IPO will consist of both…

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News

  • Sebi’s AIF rule changes give fund managers more time—but add new challenges

    New Sebi amendments allow Alternate Investment Funds to manage unliquidated assets within existing schemes and extend liquidation timelines, but transparency, valuation, and investor exit hurdles remain.

  • Independence Day: To get freedom from volatility, explore THESE 6 investment options

    Investors can choose safe investing options including fixed deposits, post office deposits, National Saving Certificate (NSC), public provident fund and debt mutual funds

  • Independence Day 2025: SBI rolls out collateral free loans for up to ₹4 lakh for Agniveers

    Under this loan scheme, Agniveers with a salary account at SBI can avail loans up to ₹4 lakh without any collateral and with a complete waiver of processing fee

  • Independence Day 2025: We chased the British out. Now EMIs are chasing us

    The average per-capita debt of individual borrowers has jumped from ₹3.9 lakh in March 2023 to ₹4.8 lakh by March 2025, the highest in our history.

  • Why Shilpa Shetty and Raj Kundra took loan-cum-investment for now-defunct company

    Personal loan: A case has been filed against Shilpa Shetty and Raj Kundra for allegedly duping a businessman of ₹60.4 crore in a loan-cum-investment deal.

  • Income Tax Filing: Slow website, complex ITR forms trouble taxpayers; experts bat for deadline extension

    ITR 2025: Some taxpayers complained that they were unable to download AIS and TIS on Tuesday. The income tax filing portal was reportedly slow on Wednesday as well.

  • ITR Filing: Zero income tax on earnings of ₹20 lakh! Is it legal? Reddit post sparks debate

    ITR Filing: Under Section 44ADA, if any specified professional has the gross receipts of ₹20 lakh, they must declare income equal to either 50% of their gross receipts or their actual income, whichever is higher.

  • Bancassurance and your wallet: Spot the traps before you sign

    Prevention is better than cure. To avoid the mis-selling trap, you need to identify red flags.

  • UPI collect request for P2P transactions banned from Oct 1. What it means?

    Earlier introduced for convenience, e.g., to recall friends about due repayments or splitting bills, UPI Collect has lately been often abused by fraudsters, and hence set to be discontinued.

  • Income Tax Return: How to file ITR as salaried individual — A step-by-step guide

    Income Tax return: Filing ITR is essential for financial management.The Income Tax Department offers an online utility to file returns. Ensure correct ITR form selection, verify personal information, and provide bank details for validation.

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