Despite strong quarterly profits and economic expansion, Nuvama cautions that rising oil costs, global AI investment cooling, and demand weaknesses threaten the sustainability of India’s recent recovery, prompting a more defensive investment stance. Nuvama’s warning on India is less about…
PhonePe’s latest initiatives see its transaction data flowing into government planning tools and a new paid enterprise product, reshaping its role in India’s economic landscape and sparking privacy debates. PhonePe’s newest use for its payments data is no longer confined…
The Hyderabad bench clarifies that claiming relief under section 54F is not barred by the number of residential units or minor planning deviations, marking a significant shift in tax exemption interpretations. The Hyderabad bench of the Income Tax Appellate Tribunal…
Belgium’s Prime Minister de Wever’s visit to India signals a strategic push to double bilateral trade, expand port cooperation, and integrate defence and clean energy initiatives, with upcoming high-level delegations set to boost cross-continental collaboration. Belgium has fixed a return…
A Hyderabad consumer commission has ordered an insurer to refund Rs 10 lakh and pay compensation to a retired professor after ruling that she was unfairly denied meaningful free-look rights due to incorrect address documentation and misleading sales practices. A…
India’s newly implemented closing auction system, introduced after the MSCI index rebalance, is under scrutiny amid record trading volumes but persistent price swings and liquidity concerns. Regulators and exchanges seek solutions to stabilise the mechanism and improve reliability of market…
Lower Parel remains a magnet for Mumbai’s wealthy, with rising property prices and mounting monthly costs highlighting the growing divide between opulence and affordability in India’s financial capital. Lower Parel is still drawing Mumbai’s wealthy buyers in large numbers, but…
India’s latest GDP revisions mark a significant shift towards sector-specific price deflators and administrative data integration, aiming to produce more accurate and credible measures of economic growth amid ongoing debates over statistical methodology. India’s latest GDP revisions are not just…
Credlix, the trade-financing arm of Moglix, plans to amplify its export finance to over US$10bn within five years by strengthening cross-border trade with Mexico, supporting India’s small and medium-sized exporters amidst growing global demand. Credlix, the trade-financing arm of Moglix,…
While small finance banks still dominate the top senior citizen fixed deposit rates in India, recent adjustments reveal a changing landscape that retirees must navigate carefully regarding rates, liquidity, and safety. The most eye-catching senior-citizen fixed-deposit rates in India are…
