Trading on MCX will be limited to the evening session on Wednesday, January 15. This is due to Municipal Corporation elections in Maharashtra. The Indian […]
Large deal wins power Infosys Q3 performance; labour code impact weighs on margins
Infosys secured significant large deals in the December quarter, exceeding revenue expectations. A one-time impact from labor code changes affected profits. The company also increased […]
Tiger Global’s treaty ‘abuse’ case key to how money flows to India
International investors await a crucial Supreme Court verdict on Tiger Global’s tax case. This ruling will significantly impact how foreign funds structure their investments in […]
RBI tightens forex risk norms, aligns capital rules with global standards
The Reserve Bank of India has introduced new banking rules for calculating foreign exchange risk capital charges, aiming for international alignment. Banks will now compute […]
SMBC gets RBI’s in-principle nod for fully-owned India subsidiary
India’s central bank has given Sumitomo Mitsui Banking Corp initial approval to establish a wholly-owned subsidiary. This move allows the Japanese bank greater operational freedom […]
Elara Capital sees Nifty at 30,000 by March 2027
Elara Capital forecasts the Nifty index to reach 30,000 by March 2027. This projection suggests a potential 17% increase from current levels. The brokerage anticipates […]
US, Europe dominate FPI flows, Singapore & Mauritius lose out
Overseas capital in Indian equities has shifted structurally, with US and European investors now dominating over traditional tax havens like Mauritius. Tighter tax norms and […]
Iran protests: Trump claims killing ‘has stopped’ even as Tehran signals executions ahead
The Iranian security force crackdown on the demonstrations has killed at least 2,586, the U.S.-based Human Rights Activists News Agency reported
Denmark, Greenland talks with Vance and Rubio fail to alter U.S. position
The Danish Minister said a U.S. takeover of Greenland, where Washington has long had a military base, was “absolutely not necessary”
The great reckoning: On the crises in Iran
Iran needs more freedoms and quick reforms, not another war