India’s central government fiscal deficit has reached Rs 7.1 lakh crore in the first five months of FY26-27, signalling mounting fiscal pressures as expenditure outpaces receipts, raising concerns of overshooting the budget estimate for the year. India’s central government fiscal…
A new Goldman Sachs survey reveals that Americans across the income spectrum are increasingly living paycheck to paycheck, driven by inflation, family obligations, and lifestyle inflation, highlighting a widening financial divide. Goldman Sachs says the squeeze on household finances is…
The Delhi High Court has paused proceedings on a ₹17.66 crore reassessment after it questioned the tax department’s changing stance on seized cash linked to Kapoor Industries Limited, amidst procedural inconsistencies and prior acceptance of the sum as company income.…
Deven Choksey from DR Choksey Finserv advises a tactical approach to Indian IT stocks, citing potential 15-20% upside in large-cap names like TCS and Infosys, amidst a cautious outlook on sector recovery and market volatility. Deven Choksey, managing director at…
After a meeting with Finance Minister Nirmala Sitharaman, major traders’ organisations cancel plans for a ‘No UPI Day’ protest, but continue to seek postponement and adjustments to the proposed merchant discount rate on high-value digital transactions. Two major traders’ organisations…
India’s Union Cabinet approves a ₹1.86 lakh crore plan to bolster the power grid and integrate large-scale battery storage, aiming to support the country’s ambitious renewable energy targets and ensure a reliable clean energy future. India’s Union Cabinet has approved…
Coca-Cola is considering a December filing for an initial public offering of its Indian bottling arm, aiming for a valuation of about $10 billion amid strong investor appetite for share sales in India’s dynamic market. Coca-Cola is weighing a December…
India’s private investment activity is gaining momentum with an 18% rise in project loan sanctions, yet the overall credit growth remains subdued due to limited broad-based borrowing, highlighting cautious optimism amid infrastructural and regional developments. India’s private investment cycle is…
Ant International’s Antom partners with Google Gemini to expand AI subscription services across Asia, offering over 300 local payment methods and integrating AI-driven commerce infrastructure to reach millions in Indonesia and beyond. Ant International’s Antom is deepening its push into…
Indian residents investing in US stocks must navigate layered taxation on capital gains, dividends, currency fluctuations, and disclosure requirements, demanding careful planning and record-keeping amidst evolving regulations. Indian residents who buy US shares need to think about tax in three…
