The GST Council is considering significant reforms aimed at easing compliance, accelerating refunds, and expanding input tax credits, promising potential relief for businesses and lower costs for consumers. The GST Council’s latest meeting is being watched closely by businesses hoping…
Motilal Oswal forecasts a strong earnings rebound in India during FY27, driven by broad-based sector growth, despite a challenging global environment and mixed capital flows, signalling a more stock-specific market rally ahead. Motilal Oswal says Indian equities are heading into…
India’s first-half FY27 project commitments surged by 34.7%, primarily due to a dramatic rise in data centre investments, though broader economic activity remains uneven, with traditional sectors showing signs of slowdown. India’s new project announcements jumped sharply in the first…
The Supreme Court of India has clarified that subsidies provided to businesses to cover operating costs, such as electricity bills, are taxable revenue rather than capital support, influencing future industrial subsidy schemes. The Supreme Court of India has said electricity…
The Reserve Bank of India’s special FCNR(B) scheme has mobilised $133 billion from non-resident Indians, with the central bank defending the programme’s broader economic benefits despite concerns over costs and balance sheet risks. Reserve Bank of India Governor Sanjay Malhotra…
A woman in Indore was deceived into transferring Rs 4 lakh after being falsely assured that officials were helping her redeem credit card points, highlighting rising cyber fraud tactics targeting bank customers. A woman in Indore has lost about Rs…
State Bank of India has announced a significant reduction in free monthly ATM transactions for salary package account holders using other banks’ machines, which could increase costs for customers relying on cash withdrawals. State Bank of India has cut the…
India’s expansive green hydrogen plans are slowed by weak demand, high costs, and international export challenges, risking stranded assets despite significant government incentives and industry investments. India has spent the past few years building the scaffolding for a green hydrogen…
Indian stock markets face a bustling session as investors track the GST Council’s 57th meeting and a slew of corporate updates, including quarterly results, fund-raising plans, and project wins across key sectors such as pharmaceuticals, FMCG, and telecoms. Indian equities…
The Reserve Bank of India plans to broaden the scope of its Consolidated Account Statement by 2026, offering consumers a unified view of deposits, mutual funds, and equities, enhancing visibility and asset management. The Reserve Bank of India is preparing…
