Moody’s has upgraded India’s fiscal 2026-27 growth outlook to 7%, citing resilience in domestic demand despite global shocks and geopolitical tensions, though risks such as rising energy costs remain. Moody’s has lifted India’s growth outlook for fiscal 2026-27 to 7%…
The Supreme Court has temporarily halted a Punjab and Haryana High Court decision declaring Section 147A unconstitutional, delaying reassessment proceedings in India’s faceless tax regime until a final verdict in December 2026. The Supreme Court on Friday put on hold…
Despite record-breaking growth in digital transactions, India’s reserve currency in circulation continues to expand, highlighting the ongoing coexistence of cash and digital payments in the country’s diverse economy. India’s cash economy is still expanding even as digital payments set fresh…
Jindal Supreme’s initial public offering (IPO) attracted exceptional investor interest, with the issue oversubscribed 83.69 times as retail and non-institutional investors lead demand, signalling strong market confidence in the steel pipes manufacturer’s growth and cleaner balance sheet. Jindal Supreme (India)…
Tata Electronics has reaffirmed confidence in India’s long-term semiconductor plans, committing approximately $14 billion to manufacturing and packaging facilities as part of the government’s Semicon 2.0 programme, signalling a significant shift towards establishing India as a key player in the…
Despite a 67% decline in digital arrest scams, Indian authorities warn that fraudsters are increasingly exploiting AI and evolving tactics, with investment scams now posing a sharper threat amid calls for shared cybersecurity efforts. India’s cybercrime threat is shifting rather…
A recent ruling by the Income Tax Appellate Tribunal in Hyderabad emphasises that Section 69C applies only to unexplained expenditure, clarifying that traceable payments from bank accounts are not automatically subject to addition, even if the destination remains unclear. An…
The National Stock Exchange’s highly anticipated share sale advances, with bids surpassing the halfway point on the second day, driven by robust demand from retail and non-institutional investors amid a lucrative valuation and significant market momentum. National Stock Exchange’s long-awaited…
A landmark ruling by the Delhi Income Tax Appellate Tribunal confirms that stipends received by postgraduate medical students for educational purposes are exempt from tax, provided the payments are linked to academic training rather than employment remediation. A recent ruling…
Shares in Tata Group declined following the board’s decision to extend N. Chandrasekaran’s chairmanship, highlighting ongoing questions about leadership succession and potential public listing strategies. Tata Group shares fell on Friday after the board of Tata Sons reappointed N. Chandrasekaran…
