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EY India. File | Photo Credit: Reuters The targeted import tariffs by the U.S. and the recent tax policy changes enacted through that country’s ‘One Big Beautiful Bill’ will mean Indian companies investing abroad would need to consider a “strategic pivot” and explore other geographies, according to EY India. This comes at a time when…
Forex traders said the rupee opened on a positive note with the rise in risk appetite in the global markets amid easing tensions over trade tariffs and hopes of a truce between Russia and Ukraine. Representational file image. | Photo Credit: AP The rupee pared initial gains and settled for the day lower by 18…
Read More “Rupee falls 18 paise to close at 87.25 against U.S. dollar” »
Stock markets extended the winning run to the sixth consecutive day on Thursday (August 21, 2025), with benchmark Sensex closing higher by nearly 143 points on buying in blue-chip shares ICICI Bank and Reliance Industries. The 30-share BSE Sensex climbed 142.87 points or 0.17%, to settle at 82,000.71 in a restricted trade. During the day,…
Read More “Sensex climbs 143 points on buying in ICICI Bank, Reliance” »
Image for representation | Photo Credit: Getty Images/iStockphoto Parliament on Thursday (August 21, 2025) passed The Promotion and Regulation of Online Gaming Bill, 2025, with the Rajya Sabha approving it without debate amid din. The bill, piloted by Minister of Electronics and IT Ashwini Vaishnaw, seeks to ban all forms of online money games while…
Read More “Parliament passes Online Gaming Bill to ban all forms of money games” »
Image for representation only | Photo Credit: Getty Images/iStockphoto The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept the Centre’s two-rate structure proposal for GST and will be recommending this to the GST Council, the chairperson of the GoM and Bihar Deputy Chief…
Read More “GoM on rate rationalisation approves Centre’s two-rate GST proposal” »
The project will offer mix of premium residential plots and villas alongside an internationally designed club, NeoLiv said. Photo: www.neoliv.in NeoLiv, a real estate developer backed by a find, has announced the acquisition of 17.5 acres of prime land in Khopoli in Mumbai Metropolitan Region (MMR) for the purpose of plotted development. Situated just an…
Read More “NeoLiv signs agreement to buy 17.5 acres land for plotted development in Khopoli, MMR” »
SEBI also set up a dedicated unit to examine patterns of manipulation, the regulator’s whole-time member Kamlesh Varshney said at the event. | Photo Credit: Reuters “Markets regulator Securities and Exchange Board of India (SEBI) is planning to increase the tenure and maturity of equity derivatives contracts,” its chairman Tuhin Kanta Pandey said on Thursday…
Read More “Market regulator SEBI plans to extend equity derivatives’ tenure to curb losses” »
Nazara, which is listed on the BSE and NSE, owns and operates several online and offline gaming businesses and has been on an acquisition spree. Photo: X/@nazaradotcom Nazara Technologies Limited’s stock on Thursday (August 21, 2025) crashed 9.70% at about noon a day after the Lok Sabha passed the Promotion and Regulation of Online Gaming Bill…
At the interbank foreign exchange, the rupee opened at 87.04, then touched an early high of 86.93, registering a gain of 14 paise over its previous close. File | Photo Credit: Reuters The rupee appreciated 14 paise to 86.93 against the U.S. dollar in early trade on Thursday (August 21, 2025), on positive domestic equities…
Read More “Rupee rises 14 paise to 86.93 against U.S. dollar in early trade” »
From the Sensex firms, Bajaj Finserv, Reliance Industries, Trent, ICICI Bank, Tata Motors and Bharat Electronics were among the major gainers. File | Photo Credit: Reuters Stock market benchmark indices began the trade on an optimistic note on Thursday (August 21, 2025) amid buying in bluechips Reliance Industries and ICICI Bank. The 30-share BSE Sensex…
Read More “Nifty, Sensex climb in early trade on buying in Reliance, ICICI Bank” »