The Indian rupee saw its largest one-day gain in a month on Monday. This rebound from near its all-time low was driven by likely interventions from the Reserve Bank of India in both offshore and onshore markets.
Read More
Sebi’s primary market reforms panel is reviewing how company promoters are defined for IPOs. The committee proposes companies must justify their promoter identification in offer documents. This aims to prevent misleading investors by clarifying who truly controls a company. The…
Read More
Deloitte India has presented its Budget wishlist for 2026-27. Key recommendations include simplifying withholding tax rules and offering tax incentives for sectors like R&D and renewable energy. The firm also proposed digitalizing customs litigation and creating a real-time refund tracking…
Read More
Indian companies will invest cautiously despite strong revenue growth expected in the December quarter. Revenue is projected to rise 8-10 percent. Profitability should improve with softening commodity prices. However, private investment will remain measured due to global uncertainties. Government spending…
Read More
Household spending remains subdued despite government GST rate cuts. The auto sector shows a rebound, but it is not seen as a broad cyclical upturn. Consumer stocks face a cautiously optimistic outlook for 2026, dependent on wage growth. Gold prices…
Read More
London plans to introduce a tourist tax on hotel and short-term rental stays. This new levy aims to generate significant revenue for the city. Similar to schemes in Scotland and other global cities, the proposed tax could boost London’s economy.…
Read More