According to the proposals, GST on four-wheeled EVs priced between Rs 20 lakh and Rs 40 lakh will be raised from 5% to 18%, while EVs costing more than Rs 40 lakh will face a jump from 5% to 28%. Only electric buses will continue to enjoy the existing 5% concessional rate. The GoM argued…
“The plans to extend the tenure of such contracts is at a conceptual stage,” SEBI chairman Tuhin Kanta Pandey said at the sidelines of an industry event “Markets regulator Securities and Exchange Board of India – SEBI is planning to increase the tenure and maturity of equity derivatives contracts,” its chairman Tuhin Kanta Pandey said…
Under the Bill, no bank or financial institution will be allowed to permit transfer of funds for online money gaming. The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Online Gaming Bill, which makes online betting a punishable offence. Sources told Business Today TV that the government will ban all “money-based…
Despite recent tariff threats from President Trump, the Indian stock market shows resilience, yet experts warn of potential volatility. With a focus on select sectors, investors are advised to stay cautious and consider diversifying into gold and fixed income as a hedge against uncertainties. At first glance, it appears that the Indian stock market is…
Morgan Stanley also issued a ‘Bear’ case scenario, where Sensex drops to 70,000 by July 2026. This holds 20 percent probability, according to the international brokerage. Morgan Stanley sees Sensex at 1 lakh in bull case by June 2026, cites potential triggers for re-rating Global brokerage Morgan Stanley on August 4 issued a positive note…
US President Trump’s tariff and penalty on India has sparked concerns over trade, inflation and foreign flows. Global markets expert Seth Freeman does not believe the levies will trigger an outflow, and advised investors to keep a ‘slow and steady’ approach. As the US sharpens its trade stance, India has found itself in the crosshairs…
The Singapore Tourism Board has signed an initial pact with domestic carrier IndiGo to boost tourism and travel between the two countries, a statement said on Thursday. The Singapore Tourism Board has signed an initial pact with domestic carrier IndiGo to boost tourism and travel between the two countries, a statement said on Thursday.…
The company plans to raise Rs 2,150 crore (around $250 million) through a fresh issue of shares as part of the offering, Moneycontrol earlier reported. Lenskart is likely to skip the confidential filing route offered by SEBI and instead proceed with a standard DRHP filing Omnichannel eyewear brand Lenskart has filed its draft red herring…
The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI infrastructure across the US over the next four years. Oracle and OpenAI have signed a mammoth deal, which potentially amounts to OpenAI paying $30 billion annually to Oracle for its data centre services. OpenAI…
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