Foreign portfolio investors are facing higher trading costs in India due to combined securities transaction and capital gains taxes. Experts suggest tax rationalization and simplified compliance to attract foreign capital, as India’s current tax regime is perceived as complex and…
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Airtel Payments Bank reported a net profit of Rs 109 crore for FY26, with revenue from operations growing 18.4% to Rs 3,207 crore. Customer balances increased by 26% to Rs 4,612 crore, and the bank processed significant volumes in B2B…
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Ola Electric Q4 Results: Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidated net loss of Rs 500 crore for the March quarter, marking a contraction of 42.5% from Rs 870 crore reported in the same period last year.…
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The Indian rupee hit a new low on Wednesday. Elevated oil prices due to stalled U.S.-Iran peace talks impacted global markets. Investors anticipate further central bank rate hikes. Higher energy costs and weak capital flows raise concerns about India’s balance…
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Global crude oil prices fell nearly 1 per cent for a second consecutive session on Wednesday after US President Donald Trump reiterated that the conflict with Iran could end “very quickly”, raising hopes of a possible diplomatic breakthrough.
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Indian stock markets experienced a sharp downturn on Wednesday, with both Sensex and Nifty declining approximately 0.8%. The Sensex dropped over 600 points to below 74,600, while the Nifty 50 fell more than 190 points to slip under 23,450. This…
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