On Friday, Indian stock markets, including Sensex and Nifty, took a nosedive after a robust five-day rally. The decline was heavily influenced by sell-offs in IT stocks, particularly after Accenture announced a lowered revenue growth forecast, casting a shadow over…
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The Reserve Bank of India (RBI) has approved the extension of Keki Mistry as interim part-time chairman of HDFC Bank for a further period of three months, it was announced on Thursday.
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The Securities and Exchange Board of India (SEBI) on Thursday proposed a comprehensive overhaul of the Margin Trading Facility (MTF) framework, including broader funding options for brokers, higher exposure limits and several operational relaxations, as the use of margin funding…
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The Central Board of Indirect Taxes and Customs (CBIC) has operationalised a series of policy reforms introduced in the Union Budget 2026-27 for the express and courier sector, aimed at improving trade facilitation, reducing clearance time and strengthening digitisation, CBIC…
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India’s net direct tax collections grew 14.64 per cent year-on-year to Rs 5.21 lakh crore as of June 17 in the current financial year (FY 2026-27), led by strong growth in both corporate and non-corporate tax collections, according to data…
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Gold prices dipped on Friday, heading for a third consecutive weekly loss, pressured by a strengthening dollar and hawkish signals from the U.S. Federal Reserve. The Fed’s projections indicate a potential rate hike this year, impacting the non-yielding metal. Meanwhile,…
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