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Showing posts from May, 2025

In a relief to Vedanta, NCLAT stays orders against company's demerger

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'No more conversion of equity in Voda-Idea'

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RBI eyes bank-like rate norms for NBFCs to plug policy gaps

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Sebi rejigs F&O rules to reduce trading risks

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SEBI has introduced new regulations to enhance the safety of derivatives trading by limiting open positions in index options. Effective between July and December, these rules link derivatives positions to the cash market, setting limits for net open interest at ₹1,500 crore and gross positions at ₹10,000 crore. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/HKptb37 >

‘Blatantly wrong’: Donald Trump administration blasts US court ruling blocking tariffs; says trade policy will continue

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The Donald Trump administration has strongly opposed a US trade court decision. The court blocked President Trump's reciprocal tariffs. The White House stated that US trade policy will continue. The government is exploring other options. Trump's trade advisor, Peter Navarro, said the administration was not surprised. Officials are confident about appealing the decision. They believe alternative legal options are available. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/aSpZ0RX >

Sebi bans ex-IndusInd CEO, 4 others

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bJz8cSo >

ITC's top shareholder BAT to sell 2.3%, eyes up to Rs 12,000 crore

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Deadline to file ITR extended to September 15 amid systems tweaks

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The income tax department has extended the deadline for individual tax return filings to September 15, prompted by significant revisions to tax laws and ITR forms for the assessment year 2025-26. These changes aim to simplify compliance and enhance transparency, necessitating updates to the e-filing utility and providing taxpayers more time to accurately report financial data. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/igG2aJv >

India's trade deal with US could unlock new export and market opportunities: Finance ministry report

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India and the US are in trade agreement negotiations, aiming to boost exports and market access. India seeks exemption from US tariffs, while the nation's economy demonstrates resilience with strong domestic fundamentals and government capital expenditure. Despite global uncertainties, India remains the fastest-growing major economy, with positive inflation outlook due to favorable monsoon forecasts and softening food prices. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y0I6Z1R >

Supreme Court stays liquidation of Bhushan Power & Steel

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The Supreme Court has halted the liquidation process for Bhushan Power & Steel (BPSL) following a plea from JSW Steel, whose resolution plan was previously rejected. The court ordered a status quo to prevent complications, as JSW Steel intends to file a review petition against the earlier judgment. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QRApPdB >

Apple pips Xiaomi, enters top 5 in India

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Apple has surpassed Xiaomi in Indian smartphone sales during the first quarter, securing a spot in the top five while Xiaomi's ranking fell to sixth. Vivo leads the market, followed by Samsung, Oppo, and realme. Xiaomi's decline is attributed to regulatory challenges, leadership changes, and a shift towards premium devices that didn't resonate with consumers. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jo3YSUN >

Airtel seeks industry-wide alliance with Jio, VIL to combat telecom scams

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Bharti Airtel is urging Reliance Jio and Vodafone Idea to join forces in a collaborative effort against escalating telecom fraud. With cybercrime complaints exceeding 1.7 million and financial losses surpassing Rs 11,000 crore in the first nine months of 2024, Airtel proposes a joint initiative for real-time fraud intelligence sharing and cross-network coordination to protect individuals from deceptive digital scams. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GksHoa5 >

NSDL reports nearly 5% rise in Q4 profit to Rs 83.3 crore ahead of IPO

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National Securities Depository Ltd (NSDL) reported a rise in net profit for both the quarter and full fiscal year 2025, alongside announcing a dividend. Ahead of its IPO, NSDL has reduced the issue size to 5.01 crore shares via offer-for-sale. Sebi has extended the listing deadline to July 31, 2025. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DdNmu23 >

Market value of top Indian companies drops over Rs 78,000 crore as sentiment weakens

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Indian equity markets experienced a downturn last week, leading to a significant drop in the market value of six of the top ten companies, totaling Rs 78,166.08 crore. Reliance Industries, TCS, and Infosys were among the major losers, while Bharti Airtel, Bajaj Finance, and ITC bucked the trend with gains. Market analysts attribute the volatility to global uncertainty and profit-booking. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aoxI3FB >

Stock market in upcoming week: Global cues, foreign fund trends to drive momentum

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Indian equities are poised for a week influenced by domestic macroeconomic data, global cues, and foreign investor activity. Subdued performance in the previous week was attributed to rising US bond yields and concerns over US debt. Investors will closely monitor India's industrial output, GDP figures, monsoon progress, and developments in US bond markets. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/C3TzNvI >

Tripura government to develop data centers for AI-5G synergy

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Tripura government is actively developing data centers to foster AI and 5G synergy, aiming to transform the state into a digital hub for the eastern and northeastern regions. With significant progress in 5G deployment and land allocation for data centers, the initiative promises to unlock growth, innovation, and prosperity across various sectors, streamlining administration and saving costs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EWxsRa5 >

TCS probes possible link to M&S cyber breach

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PvtOc9a >

Donald Trump threatens 25% tariff on Apple — will other tech companies face the heat? Here’s what the US President said

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Donald Trump has warned Apple that iPhones made outside the US could face a 25% tariff, potentially impacting Samsung as well. Trump insists Apple CEO Tim Cook should move production back to America from countries like India. This follows reports of Apple planning to produce most US-sold iPhones in India. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Jl39hrk >

Telangana gig workers' union flags 'low wages, exploitation' at Zepto in letter to labour dept; Zepto reacts

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The Telangana Gig and Platform Workers' Union has accused Zepto of exploitative labor practices, including low per-delivery rates and unsafe working conditions, prompting a strike in Hyderabad. Zepto denies the allegations, asserting that delivery partners earn competitive hourly wages and receive comprehensive welfare benefits, including insurance and access to facilities at dark stores. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5AZakr3 >

‘On rates, it’s status quo or cuts; concerned about banks’ mis-selling of insurance’: RBI governor Sanjay Malhotra

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Q94w3iM >

Bank ex-CMD Subodh Kumar Goel bought property via bribe money: ED

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FjxsQtd >

Lost your Aadhaar: What should you do if you lose your Aadhaar card? Steps to follow

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oY1zvT3 >

CCPA notice to Uber over ‘advance tip’ feature for faster service, more under scanner

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y3Q4L6r >

New Income tax bill: Get one-time set off of long-term capital loss against short-term capital gains from tax year 2026–27

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The new Income Tax Bill, 2025 proposes a one-time tax relief. It could lower capital gains tax for many. Long-term capital losses until March 31, 2026, can offset short-term gains from 2026-27. This change offers broader tax planning. Taxpayers can sell loss-incurring investments before April 1, 2026. This helps reduce overall tax liabilities. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KPEhgNG >

India resilient to global tariff policies: Moody's

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IiQBRbV >

Income tax department notifies ITR-U: Extended filing window for updated return, penalties- all you need to know about

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Ikea looking at India to boost global play

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Rasna buys Jumpin, expands into 'ready to drink' category

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India sees growth in mid-market GCCs

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India sees growth in mid-market global capability centres. Over 140 new GCCs emerged in the last 30 months. These centres plan to create 70,000 jobs. Many mid-sized global firms are setting up these GCCs. Bengaluru, Hyderabad, and Pune are popular locations. Experts predict over 120 new mid-market GCCs by 2026. These centres are expanding beyond just technology. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/20G1DqO >

Tata Steel plans major multi-crore 'cost takeouts' across global units, says CFO

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Tata Steel is set to aggressively reduce costs by Rs 11,500 crore globally over the next 12–18 months, building on previous savings. The company aims for significant cost reductions in India, the UK, and the Netherlands through operational improvements and restructuring. Capital expenditure is allocated, with a focus on Indian operations, while net debt has decreased. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/G9Inm10 >

India clamps down on Bangladesh imports as Dhaka tilts towards China: GTRI

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India has imposed import restrictions on goods from Bangladesh via land ports, potentially disrupting $770 million in trade. Garments, a major export, will now be routed through select seaports. This move follows accusations of unfair trade advantages for Bangladesh and simmering diplomatic tensions, including concerns over Bangladesh's growing ties with China and restrictions on Indian exports. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cYBh1gQ >

Forced to destroy! US rejects 15 mango shipments from India, exporters estimate losses of $500,000

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US authorities have rejected fifteen mango shipments from India at various airports due to documentation irregularities concerning mandatory irradiation treatment. Exporters face approximately $500,000 in losses as they were compelled to dispose of the fruit locally due to high re-exportation costs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XG57IrP >

Gold price prediction: Will gold prices drop to Rs 88,000 per 10 grams? Experts see downside, here’s what investors should do

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Gold prices are under pressure, having fallen 7% from their April high, testing a crucial support level. Analysts suggest further declines are possible if key support levels break, influenced by reduced expectations for US rate cuts and diminished trade war concerns. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0TjbU2E >

Genesis Advtg & Puretech Digital merge

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9GMu4gk >

Rupee closes 3 paise lower at 85.57 amid weak equities

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The Indian rupee weakened slightly to 85.57 against the US dollar due to negative equity market sentiment, rising crude oil prices, and a widening trade deficit, despite strong foreign capital inflows. India's trade deficit widened to a five-month high in April, with imports surging. However, foreign exchange reserves rose, driven by a jump in gold assets. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2eZYcA1 >

Goods exports up 9%, trade deficit widens

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India's exports saw a boost of 9.1% in April, reaching $38.5 billion. However, the trade deficit increased to $26.4 billion. Imports also rose significantly, up 19% to $64.9 billion. The US became a major destination for exports. China remained the top source of imports. Petroleum and electronics imports also contributed to the increased import numbers. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5REzdJB >

Tata Power to bid for UP discoms in core business push

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Tata Power will bid for Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam in Uttar Pradesh. The company aims to expand its transmission and distribution business. Tata Power currently serves 12.5 million customers and wants to reach 40 million in five years. The company is also awaiting legal clarity on small modular nuclear reactors. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3KTIZFb >

Days before fresh trade talks, India initiates WTO action on US steel duties

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'Stop using such sites': EaseMyTrip's Nishant Pitti calls for boycotting 'Chinese products endorsements' over support to Pakistan

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Piyush Goyal to lead delegation to US for key trade talks from May 17

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Some versions of Apple's iOS vulnerable: CERT-In

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US & China agree to cut tariffs for 90 days in bid to defuse trade war

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Sensex soars 2,975 points, largest single-day gain

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In a 1st for quarter, banks net Rs 1 lakh crore profit

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PNB, L&T & more: Top stocks on brokers' radar for May 12

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Nomura remains positive on CG Power despite margin concerns in its railway business, while Citigroup is bearish on PNB due to profitability and asset quality issues. Citi is optimistic about HPCL, revising EBITDA estimates upwards. Motilal Oswal upgraded Aurobindo Pharma, citing diversification and growth potential. Elara Securities suggests accumulating Larsen & Toubro, highlighting international projects and new ventures. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IV5nury >

‘Robust economic foundation’: CII sees Indian economy growing at 6.5% in FY26 despite global headwinds

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India's GDP is projected to grow at 6.5% this fiscal year, demonstrating resilience against geopolitical disruptions. CII President Sanjiv Puri emphasizes strategic bilateral trade agreements to counter rising global protectionism. Focus on internal economic drivers like agriculture and domestic competitiveness is crucial, with expectations of further interest rate easing and a rise in rural consumption. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/znshkeU >

Saudi oil giant Aramco's profits drop over 4% as oil prices fall

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Aramco's first-quarter profits declined by 4.6% to $26 billion due to falling global oil prices, impacting Saudi Arabia's ambitious development plans. Despite a slight revenue increase to $108. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/njJgSWo >

Stock market holidays 2025: Are NSE and BSE closed for Buddha Purnima on Monday?

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IMF approves $1 billion disbursement to Pakistan despite India's warning over terror funding

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/54fmsAk >

Bank of India Q4 net profit soars 82% to Rs 2,626 crore; eyes 12% loan growth in FY26

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Bank of India's net profit soared 82% to Rs 2,626 crore in Q4 2025, fueled by treasury gains and recoveries from written-off accounts. The bank targets 12-13% loan growth and 11-12% deposit growth for fiscal year 2025-26, despite a NIM decrease. The bank is also focusing on cybersecurity and ATM cash availability, in line with regulatory guidelines. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UbrNtEV >