Rising oil prices driven by recent geopolitical tensions could prompt the US Federal Reserve to resume interest rate hikes later this year if they fuel inflation, according to a report by ICICI Bank.
Read More
The Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple states. Field formations will gain clarity on filing appeals before the GST Appellate Tribunal. Jurisdictional commissioners will independently decide on…
Read More
Swiggy and Eternal shares have rallied sharply in July as investors reassess the competitive landscape following Zepto’s IPO valuation reset. Swiggy has gained nearly 24%, marking its best monthly performance since listing, while Eternal is up 17%, its strongest monthly…
Read More
India and Bhutan reviewed development projects during high-level talks. A concessional line of credit worth Rs 4,000 crore was signed. Cooperation in health education and research was also expanded between institutions. Forty-five electric vehicles were handed over to support green…
Read More
Capital Group bought a 1.49 percent stake in IIFL Finance for Rs 374 crore. This acquisition was made through open market transactions from Fairfax India’s affiliate. US-based Capital Group purchased over 63 lakh shares at an average price of Rs…
Read More
The Indian stock market extended gains on Friday as the Sensex rose 50 points and Nifty crossed 24,350 amid positive global cues. Bajaj Finance and M&M led gainers, while Nifty IT dragged. Strong FII inflows and stable earnings continue supporting…
Read More