The Indian economy has remained resilient amid persisting global headwinds, RBI Governor Sanjay Malhotra said on Wednesday, adding that high frequency indicators available so far point towards steady domestic demand in Q1 2026-27.
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Insurers must expedite flood claim settlements for affected policyholders. The regulator has directed immediate deployment of surveyors and loss assessors. Special district-level claims desks and 24×7 helplines will be established. Electronic communication is encouraged to speed up claim registration and…
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The Income Tax Appellate Tribunal determined that employee stock options are not considered part of salary perks until they are exercised. Any gains from the repurchase of options, which have not yet been exercised, are to be taxed as long-term…
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Indian stock markets showed mixed movements on Wednesday after the RBI maintained its interest rates. The Nifty saw a slight dip, while the Sensex experienced a modest increase. Officials expect inflation to peak this quarter and then begin to decline.…
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In the previous monetary policy review in June, the MPC had also kept the repo rate unchanged at 5.25 per cent, citing the need to closely monitor incoming macroeconomic data. The committee had similarly maintained the status quo in its…
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The Reserve Bank of India (RBI) is expected to leave key interest rates untouched in its monetary policy review to be announced on August 4 with an eye on promoting economic growth as inflation is seen to be under control,…
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