[ad_1] Capital markets regulator Securities and Exchange Board of India (Sebi) on Wednesday issued an administrative warning letter to HDFC Bank for regulatory non-compliance. Pursuant to periodic inspection of custody activities undertaken by the bank, Sebi issued an administrative warning letter for alleged non-compliance with certain regulatory guidelines, which are applicable to custodians, HDFC Bank…
[ad_1] NEW DELHI: Highway construction touched 10,500 km and toll collection on them crossed Rs 60,000 crore in the financial year ended March 31. Sources said while the toll collection last year was the maximum ever in the highway sector’s history, the overall construction was third-highest in the past five years.Highway construction during 2023-24 was…
[ad_1] What began as a strong rally in March is now showing signs of uncertainty. Foreign Institutional Investors (FIIs), who played a major role in driving a 6% rally in the Nifty throughout March, have sold off Rs 10,255 crore worth of Indian stocks in recent trading sessions. The sell-off comes just before US President…
[ad_1] Global stock markets, including those in the US and Europe, fell sharply on Wednesday as uncertainty loomed ahead of US President Donald Trump‘s highly anticipated tariff announcement, raising fears of a potential global trade war, according to news agency AFP. Investors are on edge as Trump prepares to unveil a new wave of tariffs,…
[ad_1] NEW DELHI:As US President Donald Trump gears up to announce reciprocal tariffs, a report by Motilal Oswal suggests that India’s economy will face only a limited impact. Despite India having the highest tariff differential with the US—standing at 9%—the overall effect on India’s GDP is expected to be just 1.1% due to the composition…
[ad_1] Poonam Gupta (Pic credit -World Bank) The government has approved the appointment of Poonam Gupta, Director General of the National Council of Applied Economic Research (NCAER), as the Deputy Governor of the Reserve Bank of India (RBI) for a term of three years, sources told news agency PTI. This position became vacant after M.D….
[ad_1] The revised new tax regime introduces updated income tax slabs for FY2025-26. (AI image) As the new fiscal year commences (April 1, 2025 – March 31, 2026), several significant changes in income tax, financial frameworks and banking operations will impact citizens, organisations and market participants. The revisions include adjustments to income tax slabs under…
[ad_1] Analysts anticipate continued market volatility in the coming days as global trade policies remain in focus. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green in trade on Wednesday. While BSE Sensex moved up over 200 points, Nifty50 went above 23,300. At 9:20 AM, BSE Sensex was…
[ad_1] BofA Securities has a ‘neutral’ rating on Tata Motors with a target price of Rs 735. Analysts said that at a conference call, the company’s CFO indicated that it was early to react to expected tariff by the US but supply chain rethink was unlikely. The company’s mitigation plan includes premiumization, cost, pricing and…
[ad_1] MUMBAI: Credit rating upgrades outpaced downgrades in FY25, though the pace has slowed from FY24. In FY25, ICRA upgraded 301 entities and downgraded 150, with its credit ratio easing to 2.0x from a high of 3.0x in FY22. CareEdge‘s ratio rose to 2.35x in H2 from 1.62x in H1. Crisil‘s stood at 2.64x in…
