'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.
The government has no say in where the country's refiners source oil from because these are commercial transactions.
From labelling India the 'Tariff King' to slapping sweeping import duties, US President Donald Trump has steadily hardened his trade stance on India. These announcements are being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).
Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.
Despite similar tax treatment, debt MFs enjoy certain advantages over FDs.
United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.
Trinamool Congress (TMC) MP Sougata Roy has demanded the removal of Kalyan Banerjee as the party's chief whip in the Lok Sabha after a spat with fellow MP Mahua Moitra. Roy accused Banerjee of "uncivilised" behaviour on multiple occasions and cited incidents of Banerjee breaking a bottle and throwing it at the chairman of a Joint Parliamentary Committee (JPC) meeting and making inappropriate remarks about Union Minister Jyotiraditya Scindia. The spat between Moitra and Banerjee reportedly occurred on April 4 when a TMC delegation met the Election Commission over duplicate voter ID numbers. Banerjee was tasked with collecting signatures from TMC MPs on a memorandum to be submitted to the Election Commission, and Moitra alleged that she was not included in the signatories, leading to a heated exchange. Roy, who was present at the time, said he saw Moitra crying and complaining about Banerjee's behaviour. Roy believes that Banerjee's actions warrant his removal as chief whip and left the decision to Trinamool supremo Mamata Banerjee. The incident has also been highlighted in leaked WhatsApp messages, where Banerjee engaged in heated exchanges with another TMC MP, Kirti Azad, leading to further accusations of uncivilised behaviour.
IMD data shows in the 24 hours between September 1 and 2, Haryana received 806 per cent more rainfall than normal, Punjab 759 per cent, Himachal Pradesh 510 per cent, Delhi 740 per cent, Chandigarh a staggering 1,638 per cent, and Rajasthan 193 per cent.
'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'
Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.
With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
India's top listed real estate developers reported steady growth in Q4FY25, supported by healthy pre-sales, even as earnings reflected signs of moderation amid elevated housing prices and subdued launches.
One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.
'Willingness to try new drugs for obesity management have propelled the growth of this market, which today is almost five times what it was five years ago.'
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
Four people died and three got injured in a fire that broke out at a five-storey building housing multiple manufacturing units in Rithala area of Delhi's Rohini, the police said on Wednesday.
Indian-origin lawmaker Zohran Kwame Mamdani stunned in the Democratic primary race for New York City mayor, upsetting former governor Andrew Cuomo.
Seven rivers, including the Brahmaputra, were flowing above the danger level, even as the Regional Meteorological Centre (RMC) in Guwahati predicted heavy to very heavy rainfall at isolated places in the state.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
This isn't just a home for the elderly. It's a place where life stories, generations, and cultures weave themselves into something quietly extraordinary, discovers Nitin Sathe.
Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.
Gaurav Batra, founder and CEO Infinite Group, suggests smart tips to help you reduce living and transportation costs while studying in the US.
The Bharatiya Janata Party-led Mahayuti alliance on Saturday retained power in Maharashtra, pocketing a whopping 230 of the 288 assembly seats, as the Congress-led Maha Vikas Aghadi's dream of wresting power fizzled, with the opposition combine managing to garner just 50 seats.
The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.
BlueKraft has published The Emergency Diaries -- Years that Forged a Leader to chronicle Modi's role in the underground campaign during that period, after speaking to a number of people associated with him at that time.
Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.
'This is not just about Modi saying it, every Indian should say this -- if we want India to become the third-largest economy, every political party and every leader, keeping aside their hesitations, must work in the nation's interest and awaken the spirit of Swadeshi among the people'
Glass facades and air-conditioned enclaves are giving way to spaces that breathe -- homes that reflect a deeper connection to nature, heritage, and well-being.
The incident occurred when both leaders attempted to board the van carrying Congress leader Rahul Gandhi and RJD leader Tejashwi Yadav, but were stopped by security guards.
FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.
This is for the first time that two members of the influential Pawar family are fighting an election against each other. This is Sunetra Pawar's first Lok Sabha election.
The All India Muslim Personal Law Board (AIMPLB) has announced its intention to challenge the Waqf (Amendment) Bill in court, labeling it a "black law" that threatens the community's rights. The AIMPLB, a major organization representing Muslims in India, asserts that the Bill, if passed, would lead to the seizure of Muslim properties and undermine the autonomy of Waqf Boards. The organization plans to launch nationwide protests against the Bill, echoing the farmers' agitation, and has urged all citizens to resist the legislation. The Bill has been met with criticism from various quarters, including opposition parties, who claim that the Centre is rushing it through Parliament without adequately addressing concerns raised by the Joint Parliamentary Committee (JPC).
Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.
Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.
The session will conclude on July 3.
The government and opposition parties on Monday reached an agreement to break the impasse in Parliament with dates announced for discussions on the Constitution in the Lok Sabha and the Rajya Sabha.
