File photo: CII President Rajiv Memani (Picture credit: PTI) The Confederation of Indian Industry (CII) on Thursday projected India’s economic growth to range between 6.4 per cent and 6.7 per cent in the financial year 2025-26, driven largely by strong domestic demand. However, it flagged geopolitical uncertainty and risks to global trade as potential headwinds…
Taxpayers have little reason to worry since this year the Income Tax Department has extended the deadline to file IT. (AI image) ITR filing FY 2024-25: It’s the month of July and every year this time, taxpayers are usually scrambling to get together documents to file their income tax return or ITR. However, those who…
Representative image (Picture credit: ANI) India’s startup ecosystem is showing renewed confidence in public fundraising, with at least 12 emerging tech firms filing draft IPO papers this year to collectively raise over Rs 18,000 crore (around $2.2 billion) through fresh share issuances. According to ET, the trend marks a growing shift towards local stock markets,…
India is actively exploring the possibility of signing a social security agreement (SSA) with the United States, in a move that could offer significant financial relief to Indian professionals working abroad. According to ET, the development is part of a broader push by New Delhi to weave such pacts into all future free trade agreements…
Quick commerce is transforming India’s digital retail sector. The growth stands in stark contrast to Chinese counterparts. (AI image) Swiggy and Eternal (Zomato’s parent firm), India’s leading Indian e-commerce stocks, have surpassed domestic indices and Asian counterparts – China included – in the previous month, with swift recovery driving speculation about their competitive edge and…
In a move to enhance transparency and borrower flexibility, the Reserve Bank of India (RBI) has barred banks and other regulated lenders from imposing pre-payment charges on floating rate loans availed by individuals for non-business purposes. The new norms, issued under the Reserve Bank of India (Pre-payment Charges on Loans) Directions, 2025, will be applicable…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, started trade on a flat note on Thursday. While Nifty50 was above 25,500, BSE Sensex was in red. At 9:18 AM, Nifty50 was trading at 25,512.65, up 59 points or 0.23%. BSE Sensex was at 83,628.19, down 69…
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Titagarh Rail Systems, ICICI Prudential Life Insurance, and CESC are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for…
MUMBAI: RBI has barred pre-payment penalties on floating rate personal and small business loans, aiming to simplify lending and enabling switching lenders. The ban on prepayment charges applies on floating-rate personal loans, or on business loans given to individuals and micro or small enterprises regardless of how the loan is repaid or the source of…
MUMBAI: Indian entrepreneur and founder of Hong Kong-based The Caravel Group, Harindarpal Singh Banga, and his family are selling around a 2.1% stake in Nykaa worth about $140.3 million (Rs 1,200 crore) through a block deal on Thursday, the term sheet of the share sale showed. The Banga family was one of the early investors…
