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Showing posts from May, 2025

In a relief to Vedanta, NCLAT stays orders against company's demerger

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'No more conversion of equity in Voda-Idea'

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WgFjzXY

RBI eyes bank-like rate norms for NBFCs to plug policy gaps

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Sebi rejigs F&O rules to reduce trading risks

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SEBI has introduced new regulations to enhance the safety of derivatives trading by limiting open positions in index options. Effective between July and December, these rules link derivatives positions to the cash market, setting limits for net open interest at ₹1,500 crore and gross positions at ₹10,000 crore. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y16hTPo

Gap between profit growth, capital formation & hiring must narrow for India to sustain 6.5% growth: CEA

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Chief Economic Advisor Nageswaran urged India Inc to increase capital expenditure and align worker compensation with profitability for sustained economic growth. He highlighted the need to close the gap between rising profitability and slower capital formation to achieve a minimum 6.5% real growth. Nageswaran also emphasized trust-based collaboration between government and the private sector to achieve 'Viksit Bharat' by 2047. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/e3SIHaP

Sebi bans ex-IndusInd CEO, 4 others

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YrCo5AP

India’s power demand to grow 6-6.5% annually through FY2030, driven by EVs, data centres, green Hydrogen: Icra

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India's power demand is projected to surge by 6.0-6.5% annually over the next five years, fueled by EV adoption, data center expansion, and green hydrogen projects. While renewables will dominate capacity growth, a significant uptick in thermal projects is also underway. However, increased rooftop solar adoption may partially offset this rising grid demand. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/acH5Tid

Deadline to file ITR extended to September 15 amid systems tweaks

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The income tax department has extended the deadline for individual tax return filings to September 15, prompted by significant revisions to tax laws and ITR forms for the assessment year 2025-26. These changes aim to simplify compliance and enhance transparency, necessitating updates to the e-filing utility and providing taxpayers more time to accurately report financial data. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gkFlvaY

India's trade deal with US could unlock new export and market opportunities: Finance ministry report

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India and the US are in trade agreement negotiations, aiming to boost exports and market access. India seeks exemption from US tariffs, while the nation's economy demonstrates resilience with strong domestic fundamentals and government capital expenditure. Despite global uncertainties, India remains the fastest-growing major economy, with positive inflation outlook due to favorable monsoon forecasts and softening food prices. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/OcDFqX9

IndiGo faces over Rs 2.76 crore in customs fines, airline to contest orders

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IndiGo faces penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, which the airline intends to challenge, asserting that all duties were duly paid. Meanwhile, promoter Rakesh Gangwal and the Chinkerpoo Family Trust sold 5.72% ownership in IndiGo for Rs 11,564 crore through open market deals, reducing Gangwal's stake to 4.7% and the trust's to 3.08%. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ODsuNm3

Summer rain: Good for rural sales, hurts urban market; ‘early’ monsoon hits ice cream, soft drink demand in cities where FMCG companies tackle slowdown

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Early monsoons in India present a mixed bag for FMCG companies. Rural consumption of staples like soaps and packaged food is expected to rise, while urban sales of summer-centric products such as soft drinks and ice cream are likely to decline due to unseasonal rains. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FuEMfZ5

Apple pips Xiaomi, enters top 5 in India

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Apple has surpassed Xiaomi in Indian smartphone sales during the first quarter, securing a spot in the top five while Xiaomi's ranking fell to sixth. Vivo leads the market, followed by Samsung, Oppo, and realme. Xiaomi's decline is attributed to regulatory challenges, leadership changes, and a shift towards premium devices that didn't resonate with consumers. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/m5E6vWY

Airtel seeks industry-wide alliance with Jio, VIL to combat telecom scams

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Bharti Airtel is urging Reliance Jio and Vodafone Idea to join forces in a collaborative effort against escalating telecom fraud. With cybercrime complaints exceeding 1.7 million and financial losses surpassing Rs 11,000 crore in the first nine months of 2024, Airtel proposes a joint initiative for real-time fraud intelligence sharing and cross-network coordination to protect individuals from deceptive digital scams. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8Dpntc0

Harshita Kadian from Rohtak secures All India Rank 3 in CDS exam 2025

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Harshita Kadian from Rohtak secured All India Rank 3 in the Combined Defence Services (CDS) exam, marking a proud achievement. A History Honours graduate from Delhi University, Harshita hails from an academically driven family in Hisar. Inspired by her grandfather’s dream and driven by hard work and self-belief, she cleared the written and SSB exams. She is now set to serve the nation as an Indian Army officer, fulfilling her lifelong ambition. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/lHES6RN

Tripura government to develop data centers for AI-5G synergy

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Tripura government is actively developing data centers to foster AI and 5G synergy, aiming to transform the state into a digital hub for the eastern and northeastern regions. With significant progress in 5G deployment and land allocation for data centers, the initiative promises to unlock growth, innovation, and prosperity across various sectors, streamlining administration and saving costs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LRxQyXf

China's digital product sales hit $20 billion in four months due to government subsidies

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China's government subsidies, aimed at boosting domestic consumption, have spurred a surge in digital product sales, generating approximately $20 billion in just four months. Over 48 million consumers participated, purchasing 51.48 million products. This initiative has led to a significant increase in retail sales of communication appliances and a shift towards higher-end smartphones. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jOePFbx

TCS probes possible link to M&S cyber breach

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fY5Px9t

Donald Trump threatens 25% tariff on Apple — will other tech companies face the heat? Here’s what the US President said

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Donald Trump has warned Apple that iPhones made outside the US could face a 25% tariff, potentially impacting Samsung as well. Trump insists Apple CEO Tim Cook should move production back to America from countries like India. This follows reports of Apple planning to produce most US-sold iPhones in India. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/97wP5MS

Telangana gig workers' union flags 'low wages, exploitation' at Zepto in letter to labour dept; Zepto reacts

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The Telangana Gig and Platform Workers' Union has accused Zepto of exploitative labor practices, including low per-delivery rates and unsafe working conditions, prompting a strike in Hyderabad. Zepto denies the allegations, asserting that delivery partners earn competitive hourly wages and receive comprehensive welfare benefits, including insurance and access to facilities at dark stores. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Zsm0Y3h

Rupee ends 3-day losing streak, jumps 50 paise to Rs 85.45 against US dollar

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The Indian rupee rebounded strongly, appreciating by 50 paise to Rs 85.45 against the US dollar, driven by a weaker dollar index and robust domestic equity market performance. Positive global risk sentiment and central bank initiatives further supported the rupee, offsetting concerns from crude oil prices and foreign fund outflows. The currency saw its largest single-day gain since November 2022. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1XSO0Aw

‘On rates, it’s status quo or cuts; concerned about banks’ mis-selling of insurance’: RBI governor Sanjay Malhotra

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aEd0yU8

Bank ex-CMD Subodh Kumar Goel bought property via bribe money: ED

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iyzOJ0I

CCPA probes Ola, Rapido over 'advance tip' feature after notice to Uber

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zr1E8Zy

CCPA notice to Uber over ‘advance tip’ feature for faster service, more under scanner

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UFQTO8Y

New Income tax bill: Get one-time set off of long-term capital loss against short-term capital gains from tax year 2026–27

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The new Income Tax Bill, 2025 proposes a one-time tax relief. It could lower capital gains tax for many. Long-term capital losses until March 31, 2026, can offset short-term gains from 2026-27. This change offers broader tax planning. Taxpayers can sell loss-incurring investments before April 1, 2026. This helps reduce overall tax liabilities. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hjRmzg6

India resilient to global tariff policies: Moody's

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jcudlYK

RIL moves SC against Delhi HC order in $1.7 billion gas dispute with govt

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BGkVv3Z

Income tax department notifies ITR-U: Extended filing window for updated return, penalties- all you need to know about

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VHYrfKa

Rasna buys Jumpin, expands into 'ready to drink' category

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ly3us9B

India sees growth in mid-market GCCs

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India sees growth in mid-market global capability centres. Over 140 new GCCs emerged in the last 30 months. These centres plan to create 70,000 jobs. Many mid-sized global firms are setting up these GCCs. Bengaluru, Hyderabad, and Pune are popular locations. Experts predict over 120 new mid-market GCCs by 2026. These centres are expanding beyond just technology. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0fFvA2J

FPIs, India-US trade news to dictate Dalal-Street movement

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Indian markets are poised to react to foreign fund activity, developments in the India-US trade deal, and the rupee-dollar exchange rate following Moody's US credit rating downgrade. Investors will also be watching quarterly earnings from major companies like ONGC and ITC. Strong participation from both FIIs and DIIs, coupled with global risk appetite, has fueled the recent market rally. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DHoxzlB

Tata Steel plans major multi-crore 'cost takeouts' across global units, says CFO

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Tata Steel is set to aggressively reduce costs by Rs 11,500 crore globally over the next 12–18 months, building on previous savings. The company aims for significant cost reductions in India, the UK, and the Netherlands through operational improvements and restructuring. Capital expenditure is allocated, with a focus on Indian operations, while net debt has decreased. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/m1tqkjp

Why Madras HC stayed NEET 2025 results: Answer key release, challenge process & result declaration date

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The Madras High Court has stayed the declaration of NEET 2025 results after students at the Avadi examination centre near Chennai faced disruptions due to a power outage and rainwater leakage. The court directed the NTA to submit its response by June 2, 2025. Meanwhile, the provisional NEET answer key is expected to be released in May 2025. The NEET 2025 results are scheduled for release on June 14, 2025, subject to the court’s further decisions. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/lEuGsxq

Gold price prediction: Will gold prices drop to Rs 88,000 per 10 grams? Experts see downside, here’s what investors should do

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Gold prices are under pressure, having fallen 7% from their April high, testing a crucial support level. Analysts suggest further declines are possible if key support levels break, influenced by reduced expectations for US rate cuts and diminished trade war concerns. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VW0S3MT

SBI Clerk Mains Result 2025 soon: How to download scorecard from SBI official website sbi.co.in

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The SBI Clerk Mains Result 2025 is expected to be released soon on sbi.co.in for the exam conducted on April 10 and April 12, 2025. Candidates can download their scorecards using their registration number and date of birth. The recruitment, with 13,735 vacancies, includes a mains exam of 190 questions and no sectional cut-off. The result is valid for one year, and a 50% waitlist will be maintained for future appointments. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/CtgpJ79

Sebi resolves 4,239 investor complaints via SCORES portal in April

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In April, SEBI's SCORES platform addressed 4,239 investor grievances while receiving 4,341 new complaints, resulting in a slight increase in unresolved cases to 4,263. Listed companies and intermediaries averaged eight days for Action Taken Reports, with First Level Reviews resolved in four days. The upgraded SCORES 2.0 ensures timely complaint resolution, offering investors options for review and escalation. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1WXB2Kb

Genesis Advtg & Puretech Digital merge

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sZuJ1LO

CAIT announces trade boycott of Turkey and Azerbaijan over support to Pakistan

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The Confederation of All India Traders (CAIT) has announced a nationwide boycott of trade relations with Turkey and Azerbaijan, triggered by their support for Pakistan after India's Operation Sindoor. This includes halting imports, discouraging business engagements, and boycotting Indian films shot in those countries. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aYILWeq

Women hold 17% C-suite roles, 1 in 3 junior positions: Survey

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A McKinsey report reveals a stark gender gap in India's corporate leadership, with women holding only 17% of C-suite roles and 20% of board positions. Despite near-equal university enrollment, women are underrepresented in entry-level jobs and face promotion disparities. The report highlights a significant age gap at entry-level and higher attrition rates for women in initial roles. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BrEgRO8

Sensex soars 1,200 points on Trump’s ‘zero tariff’ note

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Market sentiment surged following positive news, including US President Trump's hint at a potential zero-tariff deal with India and encouraging domestic inflation figures. This led to a significant rally on Dalal Street, with both the Sensex and Nifty reaching seven-month closing highs. Foreign funds fueled the surge, while investors saw a substantial increase in wealth. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IClmTBh

SP Group nears $3.4 billion record private credit deal

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/malqAMi

IREDA takes Gensol to insolvency court

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IREDA has initiated insolvency proceedings against Gensol Engineering, citing a default of ₹510 crore. This action follows a SEBI investigation revealing that Gensol's promoters misused loan funds for personal gains and stock manipulation. The Jaggi brothers, also linked to BluSmart, face scrutiny after stepping down from Gensol's board due to SEBI directives. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7BZILmo

'Stop using such sites': EaseMyTrip's Nishant Pitti calls for boycotting 'Chinese products endorsements' over support to Pakistan

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BZA2RGP

ITC Hotels inks agreement for new property in Siliguri, West Bengal

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ITC Hotels is expanding its luxury presence in Eastern India with a new Mementos by ITC Hotels property in Siliguri, West Bengal. Developed by the LR Berlia Group near Bagdogra Airport, the hotel will feature 180 rooms and upscale amenities. This marks the Mementos brand's debut in the region, catering to leisure, business travelers, and the growing wedding segment. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mN4GJRz

US & China agree to cut tariffs for 90 days in bid to defuse trade war

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/73raCOy

Sensex soars 2,975 points, largest single-day gain

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tU48Bam

Capex at small private airports to surge 50–60% annually over next 3 years: Crisil

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Crisil forecasts a surge in capital expenditure at India's small private airports, projecting a 50-60% annual increase over the next three years. This growth is fueled by rising terminal utilization and capacity expansion needs. Conversely, larger airports are expected to see a capex decline as major projects conclude, leading to an overall marginal slowdown in private airport investments. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CYm7OXh

In a 1st for quarter, banks net Rs 1 lakh crore profit

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KtimwW6

PNB, L&T & more: Top stocks on brokers' radar for May 12

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Nomura remains positive on CG Power despite margin concerns in its railway business, while Citigroup is bearish on PNB due to profitability and asset quality issues. Citi is optimistic about HPCL, revising EBITDA estimates upwards. Motilal Oswal upgraded Aurobindo Pharma, citing diversification and growth potential. Elara Securities suggests accumulating Larsen & Toubro, highlighting international projects and new ventures. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/G9Krcvp

CBSE Class 10th, 12th Board Exam Result 2025: When and where to download marksheets

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The CBSE Class 10 and 12 results for 2025 are expected between May 11 and May 15, with over 44 lakh students awaiting their scores. Results will be accessible through official websites, DigiLocker, the UMANG app, IVRS, and possibly SMS. Students must keep roll numbers and admit card details ready to download their marksheets. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/3seubWa