Sebi’s primary market reforms panel is reviewing how company promoters are defined for IPOs. The committee proposes companies must justify their promoter identification in offer documents. This aims to prevent misleading investors by clarifying who truly controls a company. The…
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Deloitte India has presented its Budget wishlist for 2026-27. Key recommendations include simplifying withholding tax rules and offering tax incentives for sectors like R&D and renewable energy. The firm also proposed digitalizing customs litigation and creating a real-time refund tracking…
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Indian companies will invest cautiously despite strong revenue growth expected in the December quarter. Revenue is projected to rise 8-10 percent. Profitability should improve with softening commodity prices. However, private investment will remain measured due to global uncertainties. Government spending…
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Household spending remains subdued despite government GST rate cuts. The auto sector shows a rebound, but it is not seen as a broad cyclical upturn. Consumer stocks face a cautiously optimistic outlook for 2026, dependent on wage growth. Gold prices…
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London plans to introduce a tourist tax on hotel and short-term rental stays. This new levy aims to generate significant revenue for the city. Similar to schemes in Scotland and other global cities, the proposed tax could boost London’s economy.…
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The UK government on Tuesday extended a sugar tax to include milkshakes as part of the fight against obesity and tooth decay in children. Tooth decay is currently the leading cause of hospital admissions for children aged between five and…
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