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Category: Business

Business

Markets trade higher in early deals tracking rally in Asian peers

Posted on July 23, 2025 By admin
Markets trade higher in early deals tracking rally in Asian peers

A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark indices Sensex and Nifty rallied in early trade on Wednesday tracking a positive trend in Asian markets. Japan securing a trade deal with the U.S. propelled a rally in Asian markets, which in turn added to optimistic…

Read More “Markets trade higher in early deals tracking rally in Asian peers” »

Business

Corporate tax revenue foregone at ₹99,000 crore in FY24: MoS Finance

Posted on July 22, 2025 By admin
Corporate tax revenue foregone at ₹99,000 crore in FY24: MoS Finance

Union MoS for Finance and BJP MP Pankaj Chaudhary speaks in Lok Sabha during the Monsoon Session of Parliament, in New Delhi | Photo Credit: ANI The government is estimated to have forgone around ₹99,000 crore in revenue in the 2023-24 fiscal on account of tax incentives extended to corporates, Minister of State for Finance…

Read More “Corporate tax revenue foregone at ₹99,000 crore in FY24: MoS Finance” »

Business

Stock markets close flat; Eternal jumps nearly 11%

Posted on July 22, 2025 By admin
Stock markets close flat; Eternal jumps nearly 11%

Foreign Institutional Investors offloaded equities worth ₹1,681.23 crore on July 21, 2025, while Domestic Institutional Investors bought stocks worth ₹3,578.43 crore, according to exchange data.  File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday (July 22, 2025) as gains in quick commerce and private…

Read More “Stock markets close flat; Eternal jumps nearly 11%” »

Business

Farmer groups to step up campaign against FTA with U.S.

Posted on July 21, 2025 By admin
Farmer groups to step up campaign against FTA with U.S.

Rakesh Tikait, farmer rights activist and leader of Samyukta Kisan Morcha (SKM). | Photo Credit: Murali Kumar K. A general body meeting of the Samyukta Kisan Morcha (SKM) held in New Delhi on Sunday (July 20, 2025) has warned the Union government against going ahead with the proposed trade agreement with the United States. The…

Read More “Farmer groups to step up campaign against FTA with U.S.” »

Business

Index of eight core industries grows at three-month high of 1.7% in June

Posted on July 21, 2025 By admin
Index of eight core industries grows at three-month high of 1.7% in June

The coal sector saw the largest contraction while the steel and cement sectors saw the strongest growth. | Photo Credit: Getty Images/iStockphoto The Index of Eight Core Industries grew at 1.7% in June 2025, as compared to 5% in June last year. The growth in June this year, while a three-month high, is significantly below…

Read More “Index of eight core industries grows at three-month high of 1.7% in June” »

Business

Rupee falls 14 paise to close at 86.30 against U.S. dollar

Posted on July 21, 2025 By admin
Rupee falls 14 paise to close at 86.30 against U.S. dollar

Foreign institutional investors purchased equities worth ₹374.74 crore on a net basis on July 18, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated 14 paise to close at 86.30 (provisional) against the U.S. dollar on Monday (July 21, 2025) due to consistent dollar demand from oil importers. Forex traders said…

Read More “Rupee falls 14 paise to close at 86.30 against U.S. dollar” »

Business

PM Internship Scheme: 6% of recipients of offers have joined work so far

Posted on July 21, 2025 By admin
PM Internship Scheme: 6% of recipients of offers have joined work so far

Photo: pminternship.mca.gov.in A little more than 50,000 candidates have so far accepted the 1.53 lakh offers made by companies under the Prime Minister Internship Scheme (PMIS), according to data provided by the government to the Lok Sabha. Of those who have accepted, 8,700 or about 6% have so far joined their respective companies as interns….

Read More “PM Internship Scheme: 6% of recipients of offers have joined work so far” »

Business

Parliamentary panel retains Income Tax Bill provisions allowing tax officials to forcibly access social media, private email

Posted on July 21, 2025 By admin
Parliamentary panel retains Income Tax Bill provisions allowing tax officials to forcibly access social media, private email

The Parliamentary Select Committee appointed to review the new Income Tax Bill 2025 proposed by the government has retained the provisions in the new Bill empowering tax officials to access, forcibly if necessary, the social media and private emails of people they are conducting search and seizure operations on.  The Income Tax Bill 2025 was…

Read More “Parliamentary panel retains Income Tax Bill provisions allowing tax officials to forcibly access social media, private email” »

Business

A note on multi-asset funds

Posted on July 21, 2025 By admin
A note on multi-asset funds

The number of asset management companies (AMC) have increased over the years. This makes it difficult for product differentiation in the equity space, as funds typically invest within the universe of 500 stocks comprising large-caps, mid-caps and small-caps. It is, therefore, not surprising to see AMCs creating different products to woo investors. A differentiating product…

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Business

Personal loan: avoid 5 mistakes

Posted on July 21, 2025 By admin
Personal loan: avoid 5 mistakes

Personal loan is often the preferred credit option for those seeking quick credit access with minimal documentation and no collateral. However, this ease of access leads many borrowers to overlook crucial aspects, leading to higher interest costs, unexpected charges or even a debt trap. Here are five common mistakes loan applicants should avoid: Not getting…

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