India’s Parliament has passed a comprehensive bill to attract and retain foreign capital, offering extended tax incentives, easing compliance, and targeting key sectors like electronics, diamonds, and infrastructure to foster manufacturing and economic growth. India’s Parliament has moved to widen…
The Enforcement Directorate has expanded its probe into a major ₹4,500-crore investment scam, involving property searches and questioning of key figures including Shivananad Neelannavar, amidst rising scrutiny of Ponzi schemes in India. The Enforcement Directorate on Friday searched properties linked…
India’s lower house has approved a tax exemption for foreign portfolio investors in government securities, aiming to boost the sovereign bond market and attract long-term overseas capital, with relief extended to key international financial institutions. India’s lower house has cleared…
TD Securities reports that discretionary traders, including hedge funds, are now the main force behind gold’s recent surge, as market positioning remains stretched amid shifting rate cut expectations and geopolitical uncertainties. TD Securities says gold’s latest climb is being driven…
LIC’s increased focus on non-participating policies and higher-margin products, alongside improved persistency and distribution strength, could bolster its profit outlook despite market headwinds and regulatory adjustments. Life Insurance Corporation of India is showing a clearer tilt towards higher-value products, a…
State-run Oil India reports a significant rise in first-quarter profit driven by increased crude production and a surge in Numaligarh Refinery’s earnings, highlighting a resilient, yet uneven, energy landscape in India. State-run Oil India posted a sharp rise in first-quarter…
India’s Parliamentary Committee calls for expedited negotiations on the US trade deal, emphasising protective measures for strategic sectors amid deepening economic ties and supply chain realignments. India’s Parliamentary Standing Committee on Commerce has urged the government to finalise the proposed…
India plans to amend its MSME Development Act to streamline payments, enhance digital invoicing, and improve dispute resolution, aiming to support the vital small business sector facing chronic arrears and compliance challenges. India’s micro, small and medium-sized enterprises are set…
Trade ministers from BRICS nations convened in Jaipur to new measures aimed at closing a $2.5 trillion gap for MSMEs, boosting digital services, supply chains, and reinforcing multilateral trade support. BRICS trade ministers meeting in Jaipur has backed a set…
India’s pharmaceutical sector experienced a notable 12.1% growth in July, buoyed by gains in chronic-care medicines and standout performances by mid-sized companies, signalling a resilient recovery and expanding footprint in the healthcare sector. India’s pharmaceutical market grew 12.1% in July,…
