Cyberattack vulnerability in Asia-Pacific’s financial sector is double the global average due to inadequate cybersecurity investments. With the introduction of the “bank.in” domain by the RBI, banks face increased risks during the migration process. Increased phishing attacks and data breaches…
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India’s growth is anticipated to decelerate to 6.4% in 2025 from 6.6% in 2024, due to new US tariffs and weaker global demand affecting exports, according to Moody’s Analytics. The report highlights a broader slowdown in the Asia-Pacific region, with…
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ICCL has demanded Rs 100 crore from NSE as pending clearing and settlement dues since September 2022. NSE disputes overcharges, claiming Rs 51 crore refund is pending. Meanwhile, NSE Clearing seeks Rs 104 crore from BSE for the Settlement Guarantee…
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Meanwhile, the US dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.04 per cent higher at 106.41.
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The New Tax Bill has omitted section 80 M of the Income Tax Act 1961 that deals with dividend taxation for a holding company. This section allowed a parent company to claim a deduction on dividends received from its subsidiary…
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The Indian pharmaceutical industry that supplies nearly 47% of generic medicines to the US is also under scrutiny. The proposed reciprocal tariffs on pharmaceuticals could disrupt a sector that has played a key role in providing affordable medicines. However, experts…
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