Can We Fight China With Such A Budget?

India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their......

SC junks legal framework enabling electoral bonds

The Supreme Court on Thursday junked the electoral bonds scheme that allowed anonymous funding to political parties by striking down the legal provisions introducing and laying down its framework.......

ED issues fresh summons to Kerala ex-FM Isaac in KIIFB masala bonds case

The Enforcement Directorate has summoned senior Kerala Communist Party of India-Marxist leader Thomas Isaac for questioning in a Foreign Exchange Management Ac case linked to a probe into the......

Can Terrorists Make Money From Markets After Attacks?

The men with guns tend to know little finance, and establishing such a conspiracy then involves leakage of information, which is also dangerous, Ajay Shah points out. Illustration: Dominic......

Breaking the vault: Will MSCI grant HDFC Bank access?

HDFC Bank’s latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to......

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Indian IT major Wipro on Saturday announced the resignation of Thierry Delaporte as CEO and named Srinivas Pallia as the new Chief Executive Officer of the company, effective immediately. The......

Infosys gets Rs 341 crore tax demand for assessment year 2020-21

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against......

Wealth managers advise clients to reduce their exposure to smallcaps

The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India’s top-drawer wealth managers.......