The GSTAT, in its first profiteering order, found Urban Essence, a Subway franchisee, guilty of not passing on a GST rate cut benefit of Rs 5.47 lakh to customers. The tribunal directed the entity to deposit the profiteered amount with…
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INDIA-SEBI-India markets regulator proposes to add algo trading into stock broker regulations
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Indranil Bhattacharyya, currently the Executive Director of RBI’s Monetary Policy Department since March 19, 2025, is expected to become a member of the Monetary Policy Committee (MPC). He will succeed Rajiv Ranjan, who is reportedly transitioning to head the Department…
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After CMAs were not included for tax audit powers in the new Income Tax Bill, ICMAI will meet on August 24 to decide on legal and legislative steps. Will the MCA back amendments, and can Parliament be persuaded to change…
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Former RBI Governor Duvvuri Subbarao warns that India could face economic challenges from potential US tariffs and Chinese dumping. These pressures may undermine manufacturing, slow GDP growth by up to 50 basis points, and worsen jobless growth. He also cautions…
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Blackstone Inc.’s Horizon Industrial Parks is exploring a Mumbai IPO in the coming year, potentially raising around $500 million. The Indian company is in discussions with banks, targeting an enterprise valuation of $4 billion. Horizon Industrial Parks, established in 2022,…
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