The introduction of India’s new Closing Auction Session (CAS) aims to enhance transparency but is currently disrupting trading patterns and increasing volatility, impacting brokers, investors, and market benchmarks. Bernstein said India’s index options market is likely to remain under pressure…
India and other BRICS nations are investigating interconnected digital payment systems and CBDCs to reduce the costs of international transactions, as part of broader efforts to establish independent trade infrastructure and promote the internationalisation of the Indian rupee ahead of…
Inflation in India impacts household expenses, business margins, and monetary policy, driven by demand, supply, and global factors, with recent shifts highlighting the need for nuanced economic management. Inflation is the steady rise in the general level of prices, and…
The Reserve Bank of India Governor Sanjay Malhotra signals steady interest rates as inflation stays within target range, while urging Indian banks to accelerate AI adoption cautiously amidst emerging risks. Reserve Bank of India Governor Sanjay Malhotra said inflation remains…
Proposed tax changes aim to enhance certainty for REIT and InvIT investors by confirming dividend exemption from the new corporate tax regime, though payouts will not be fully tax-free. The move could benefit high-income investors and optimise cash flows, but…
Lenders now prioritise income and credit history over headline loan requests, with rapid approvals contingent on quick verification of these factors amidst evolving borrowing landscapes. When urgent borrowing is on the table, lenders do not guess at how much to…
India’s markets regulator, Sebi, is set to extend its vaulting regulations beyond gold receipts to encompass physical bullion used in a wider range of products, including ETFs and derivatives, in a move aimed at standardising compliance and safeguarding investor interests.…
India’s pension regulator, PFRDA, unveils a bold plan to leverage digital tools and non-traditional channels to multiply National Pension System participation from millions to hundreds of millions over five years, reshaping retirement savings across households. India’s pension regulator is preparing…
The Delhi bench of the Income Tax Appellate Tribunal has referred a case involving common area maintenance charges back for renewed consideration, highlighting the ongoing debate over whether such payments should be taxed under section 194C or 194-I of the…
Tata Capital’s CEO affirms the company’s minimal exposure to revolving credit amid India’s Reserve Bank proposal to limit non-bank financial firms to fixed-term loans, aiming to curb risk of evergreening and protect financial stability. Tata Capital said its exposure to…
The Reserve Bank of India’s plans to curb non-bank lenders from offering revolving credit could reshape product offerings, but Tata Capital expects limited impact due to their small exposure in this segment and readiness to comply with new regulations. The…
The Bengaluru Income Tax Appellate Tribunal has clarified that demand notices and computation sheets cannot be used to generate new tax liabilities when the assessment order accepts the taxpayer’s return without modifications, setting a precedent for limited use of supplementary…
