Gold prices reached a record high on Tuesday. This surge happened because of a weaker dollar. Expectations of a U.S. interest rate cut also contributed. Donald Trump’s criticism of the Federal Reserve added to the situation. Traders anticipate a rate…
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Blackstone may soon enter India’s green energy sector. They are in talks with Parag Sharma to launch a renewable energy platform. Sharma previously sold O2 Power to JSW Energy. Blackstone plans to invest at least $500 mn in this venture.…
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The Automotive Tyre Manufacturers Association (ATMA) has urged the government to reduce GST rates on automobile tyres from 28% to 5%, arguing they shouldn’t be treated as luxury goods. ATMA highlights the significant cost impact on transportation, agriculture, mining, and…
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As GST collections registered a 6.5 per cent rise in August, experts on Monday said what will now be interesting to watch is the impact on collections in the coming months, particularly with the anticipated rate rejig and certain revenue…
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Sebi has introduced a new framework to monitor intraday positions in index options, effective October 1. The rules cap net and gross intraday exposure, mandate random compliance checks, and impose expiry-day penalties to curb aggressive bets while balancing liquidity and…
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Coal India has been fined ₹10.72 lakh by BSE and NSE for non-compliance with SEBI norms regarding the appointment of independent directors. The company attributes the non-compliance to factors outside its control, as board member appointments are made by the…
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