Navratri ecommerce sales, coupled with substantial GST cuts on major consumer goods, triggered an extraordinary surge in digital transactions. Data reveals a near 10-fold increase in electronic payments, reaching Rs 11.31 lakh crore, driven by heightened consumer sentiment and festive…
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State Bank of India could attract up to $466 million in passive inflows if the foreign investment limit for public-sector banks is raised from 20% to 26%, Nuvama Institutional Equities said. The move would allow higher MSCI index weightings. The…
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The Indian stock market increasingly disconnects from the real economy. This divergence is evident in historical market booms. Liquidity and global factors, not real economic growth, drive some rallies. The Rate Bull from 2003-2008 was an exception, linked to interest…
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Piyush Goyal, during his US visit, engaged with global business leaders to bolster trade and investment in India. He met with CEOs from Blackstone, FedEx, DP World, IBM, Carlyle Group, and Warburg Pincus, discussing investment plans, logistics collaboration, tech partnerships,…
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Taxpayers who claimed Section 87A rebate on special incomes like STCG before July 5, 2024, may receive tax demand notices due to rectifications by the Income Tax Department. While Circular No. 13/2025 waives interest if the demand is paid by…
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India’s smartphone exports are set to surge. August 2025 will see a 39% jump to $1.53 billion. Exports to the US will double, reaching $965 million. The India Cellular Electronics Association (ICEA) dismisses concerns about slowing exports. They cite seasonal…
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