India’s manufacturing sector saw a small increase in April, yet activity stayed near a four-year low. Weak domestic demand and rising costs, influenced by the Middle East war, impacted growth. Production and new orders saw their second-slowest rise since mid-2022.…
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India has eased Foreign Direct Investment rules. Foreign companies with up to ten percent Chinese or Hong Kong shareholding can now invest in India through the automatic route. This change, effective May first, 2026, aims to boost investment. Previously, stricter…
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MCX shares fell after SEBI signalled that banks and insurers are unlikely to be allowed into commodity derivatives. SEBI chief Tuhin Kanta Pandey said the regulator won’t push the proposal with Reserve Bank of India.
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Three top-notch hospitals in Mumbai and a famous international spiritual organisation-all functioning as charitable trusts-have been denied Income tax (I-T) exemption on the grounds that they were carrying out commercial activities.
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Indian rupee and government bonds are under pressure. Elevated oil prices and strained capital flows are impacting the Indian economy. The U.S.-Iran conflict resolution remains stalled. The rupee has hit a record low. Traders expect further pressure on the rupee…
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Vi is targeting capital expenditure of ₹45,000 crore over next three years to accelerate network upgrades, achieve 5G parity in key markets and drive a turnaround in performance. This is in addition to ₹18,000 crore it has already invested, which…
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