Indian benchmark indices Sensex and Nifty surged in early trade, mirroring a global rally fueled by hopes of US Federal Reserve rate cuts after a softer inflation report. Prospects of a US-China trade deal and fresh foreign fund inflows further…
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Indian equities surged on Monday, with the Sensex and Nifty rebounding after a brief pause. This upward movement was driven by softer-than-expected U.S. inflation data, which has fueled expectations of two additional interest rate cuts in 2025.
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Australia’s competition regulator has sued Microsoft. The company is accused of misleading millions of customers. This happened after bundling its Microsoft 365 software with the AI tool Copilot. Customers were allegedly pushed to higher-priced plans. The regulator claims Microsoft did…
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In a groundbreaking decision, the Income Tax Appellate Tribunal has opened doors for taxpayers, clarifying that penalties for unreported offshore assets are not a given. Tax officers now have the latitude to evaluate each case uniquely, allowing for leniency in…
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Uttarakhand will implement a green tax on vehicles entering the state starting in December to combat pollution and promote environmental protection. Different rates will apply to various vehicle types, with collection facilitated by ANPR cameras and automated deductions via the…
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The entry of banks into the M&A financing space introduces increased competition, potentially leading to more favorable lending terms for borrowers, which could result in lower financing costs and more attractive deal structures.
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