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Union Finance Minister Nirmala Sitharaman is set to introduce the much-anticipated New Income Tax Bill 2025 in the Lok Sabha today, marking a significant overhaul of India’s direct tax system. The Bill, which recently received approval from the Uni
The Edelweiss CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund - Direct (G) is a target maturity debt fund that aims to provide investment returns closely corresponding to the total returns of the securities represented by the CRISIL-IBX AAA NBFC-H
On February 7, Reserve Bank of India (RBI) Governor Sanjay Malhotra expressed confidence in the country's economic prospects, stating that India is fully capable of surpassing a 7 growth rate and should set its sights on achieving this target. In
The banking sector experienced a downturn in trading following the Reserve Bank of India's (RBI) latest monetary policy announcement, which did not introduce any additional liquidity-easing measures. Although the central bank implemented its first in
Amwill Healthcare's initial public offering (IPO) has received moderate investor interest over the three-day period. The IPO witnessed steady growth in demand, with subscription rates progressing from 1.04 times on day one, to 1.42 times on day two,
On February 7, the BSE Telecommunication Index witnessed a 3 rise, fueled by strong performances from Bharti Hexacom and Bharti Airtel. Bharti Hexacom’s share price demonstrated an impressive rally, surging over 7 and trading 7.19 higher as of 1
Ken Enterprises' initial public offering (IPO) has received moderate investor interest over the three-day period. The IPO witnessed steady growth in demand, with subscription rates progressing from 2.01 times on day one, to 3.70 times on day two, and
Ratan Tata's recently unveiled will has garnered attention due to a significant bequest to Mohini Mohan Datta, a close associate outside the Tata family. According to a report by The Economic Times, Datta has been bequeathed over ₹500 crore in resi
The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹34 crore on Brightcom Group (BGL) and four other entities while also barring them from the securities market for periods ranging from one to five years. Suresh Kumar Red
On Friday, February 7, sectors sensitive to interest rate changes exhibited varied reactions following the Reserve Bank of India’s (RBI) decision to reduce the repo rate by 25 basis points, bringing it down from 6.5 to 6.25. This marked the first
The Reserve Bank of India (RBI) announced a 25-basis-point reduction in the repo rate on February 7, bringing it down to 6.25. This move is anticipated to stimulate sectors such as automobiles, real estate, and consumer durables, which have been gra
In what appears to be the start of a major crackdown on unauthorized investment advisories operating under the guise of educational institutions, the market regulator SEBI has seized ₹53.67 crore in earnings from the well-known stock market trainin
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