Indian rupee strengthens against US dollar despite tariff concerns
The Indian rupee opened stronger on Monday, amid additional 25 per cent tariff proposed by US President Donald Trump on India, which is set to take effect from August 27.
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Gold may rally further amid macro uncertainty, global tariff tensions: Analysts
Gold prices may rise next week. Macroeconomic uncertainty and tariff disputes support investor interest. Traders will watch UK, EU, and US economic data. Federal Reserve speeches will be key. Domestic gold prices are cushioned by rupee weakness. Geopolitical uncertainty and…
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FM Sitharaman set to table revised Income Tax Bill 2025 in Parliament
Union Finance Minister Nirmala Sitharaman was all set to introduce revised Income Tax Bill 2025 in the Lok Sabha on Monday.
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Sebi chief urges redefining role of independent directors as stewards of accountability
According to him, this transformation requires a change in multiple areas. Independent directors must feel free to dissent and be well-versed in emerging risks such as AI governance, cyber threats, and ESG disclosures. Their orientation should be ongoing, rather than…
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Capex by CPSEs, four key government agencies declines 23% y-o-y in July
Capital expenditure by large central public sector enterprises moderated in July, declining 23% year on year to ₹53,406 crore, attributed partly to an unfavorable base effect. However, spending between April and July rose 2.5% to ₹2.21 lakh crore, driven by…
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IndusInd Bank to focus on building retail loan, MSME assets; ramping up retail liabilities in FY26
IndusInd Bank, recovering from past financial irregularities, focuses on retail growth and ethical governance. The bank aims to increase retail liabilities, expand secured retail and MSME assets, and be selective in corporate lending. Following a year of internal review and…
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