Indian Market News

The much-anticipated Income Tax Bill 2025 is set to be introduced in the Lok Sabha on February 13, 2025. The bill, spanning 622 pages with 536 sections and 23 chapters, aims to replace the outdated Income Tax Act, 1961, which has seen numerous amendm

ITC Ltd, a diversified conglomerate, is reportedly in early discussions with Norway’s Orkla ASA to acquire its Indian subsidiaries—MTR Foods Pvt Ltd and Eastern Condiments Pvt Ltd—for approximately $1.4 billion, according to Mint. This potentia

On February 13, the Indian rupee opened 8 paise higher against the US dollar as the dollar index weakened. The domestic currency began trading at 86.8013 and later moved to 86.8350 against the dollar. In the previous session, it had settled at 86.

Tata Steel is preparing to re-enter the corporate bond market after nearly a year, according to two sources familiar with the development. "The company is currently engaging with merchant bankers and investors, exploring various maturities, and wi

Helios Mutual Fund is launching the Helios Mid Cap Fund - Direct (G), an open-ended equity scheme focused on mid-cap stocks for long-term capital appreciation. The New Fund Offer (NFO) opens on February 20, 2025, and closes on March 6, 2025. Managed

Gold prices in India surged on February 13, tracking global trends and rising domestic demand. On the Multi Commodity Exchange (MCX), gold futures for April contracts opened at ₹85,700 per 10 grams, gaining further to ₹85,850 within the first 10

Consumer Price Index (CPI) inflation eased to a five-month low of 4.31% in January, marking its third consecutive monthly decline. Experts and economists anticipate a continued downward trend, primarily driven by moderating food prices. Data sugge

The market regulator has introduced the Mutual Fund Investment Tracing and Retrieval Assistant (MITRA) platform, which will be managed by two Qualified Registrar and Transfer Agents (QRTAs)—Computer Age Management Services Limited (CAMS) and KFIN T

The market regulator has introduced the Industry Standards Recognition Manual to establish formal guidelines for recognizing industry standards and regulating the operations of Industry Standard Forums (ISFs). ISFs were initially launched as a pil

India's retail inflation eased to a five-month low of 4.31% in January, marking a significant decline from 5.22% in December. The drop was primarily driven by moderating food prices, according to government data released on Wednesday. The inflation f

Despite continued volatility in the Indian stock markets, equity mutual fund inflows remained robust at ₹39,688 crore in January 2025, as per data released by the Association of Mutual Funds in India (AMFI). This marks a marginal decline of 3.6% co

The New Income Tax Bill, 2025, which aims to simplify tax laws and improve compliance, is likely to be tabled in Parliament tomorrow, according to media reports. The bill seeks to modernize India’s six-decade-old tax law by streamlining terminologi