India’s GST collections surged by nearly 14% to Rs 1.95 lakh crore in June 2026, marking a significant year-on-year increase. This robust growth was primarily fueled by a substantial 34.6% jump in import revenues, alongside a healthy 6.5% rise in…
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Jana Holdings plans to reduce its stake in Jana Small Finance Bank to below 10% from 17% to meet bondholder payment obligations, including to TPG Asia. This move will also see the holding company relinquish its ‘promoter’ status. The company…
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The Reserve Bank of India’s latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain compliant, their buffers are shrinking. The general insurance segment faces a more serious challenge, with three public sector firms persistently…
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The Indian equity markets opened in the positive territory on Wednesday after two straight sessions of losses, even as concerns persisted over a potential escalation in the US-Iran conflict and weaker-than-expected monsoon progress.
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Finance chiefs say the indirect tax reform has transformed business over the past nine years, but call for quicker input tax credit refunds, simpler compliance, consistent tax interpretation and technology-driven administration as GST enters its next phase.
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The interim ex-parte order was passed amid concerns that the noticees could offload shares allotted through a preferential issue after the lock-in period expired, potentially making wrongful gains.
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