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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From a ₹400 crore base, the company has grown to a ₹1.3 lakh crore revenue run rate, with ambitions of becoming a $30 billion business as semiconductor fabrication and packaging scale up. Already among the group’s top five by revenue,…
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Oil prices saw a slight dip on Monday. This comes as markets consider U.S. President Donald Trump’s initiative to free ships stuck in the Strait of Hormuz. Tensions between Tehran and Washington continue. The vital waterway remains largely blocked, impacting…
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