Plans for big bang reforms in the GST regime by Diwali, the Putin-Trump summit and S&P upgrading India's sovereign credit rating are likely to instil optimism in the domestic equity market in the week ahead, analysts said. Besides, trends in global markets and the trading activity of foreign investors would also impact domestic investors' sentiment.
Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.
Heavy rainfall across North India leads to fatalities, structural damage, travel disruptions, and school closures. Eastern states brace for more rain.
It has entered the Rs 100 Crore Club with ease and will eventually aim for lifetime collections in the vicinity of Rs 150 crore.
Dr Rajeshwari Panda, head of the dietetics department at Medicover Hospital, breaks down the nutritional value of some of India's most loved breakfast options.
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
'We want to clear these pending refunds so that no issues arise once the new I-T Act takes effect.'
'A less tense US-China relationship would make Beijing less likely to provoke India -- including on the border -- in retaliation for its close defence ties with the US.'
Prime Minister Narendra Modi will travel to China to attend the Shanghai Cooperation Organisation (SCO) summit, marking his first visit in over seven years. The visit signals a potential improvement in India-China relations after recent tensions.
Wholesale price inflation (WPI) declined to (-) 0.13 per cent in June as prices of food articles and fuel saw deflation, along with easing in manufactured product costs, government data showed on Monday. WPI-based inflation was 0.39 per cent in May. It was 3.43 per cent in June last year.
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
Third seed Iga Swiatek will play against Italy's Jasmine Paolini in her first Cincinnati Open final.
Trump also repeated his claim that seven fighter jets or more were shot down during the hostilities.
The two sides are set to face each other in the semi-finals of the ongoing World Championship of Legends (WCL), but deepening diplomatic strains and strong public sentiment in India have cast serious doubt on whether the match will actually take place.
Novak Djokovic became the oldest man to reach the quarter-finals at all four Grand Slams in a single season.
Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.
Trump's one-on-one meetings with Putin during his first term were clouded with mystery. With only a translator inside the room, it was often unclear what exactly was discussed. Aides had a difficult time ascertaining if the two reached any agreements. After one such meeting, in Germany, Trump asked his interpreter to discard his notes.
Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.
Nearly 350 people were evacuated from Mumbai's Kurla area after the Mithi river swelled due to heavy rains. Authorities are monitoring the situation and working to ease the flow of water.
New Zealand resumed overnight on 92-0 and eased past Zimbabwe's first innings total of 149 before their innings ended on 307-9, with all-rounder Nathan Smith retiring hurt with an abdominal strain.
As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.
Trump stated that Russia will face "severe economic consequences" if Putin doesn't show interest in de-escalating the Ukraine conflict.
Markets regulator Sebi has proposed introducing a single window access for low risk foreign investors seeking to participate in the Indian securities market, a move aimed at simplifying compliance and enhancing the country's attractiveness as an investment destination.
Aryna Sabalenka inched closer to becoming the first woman since Serena Williams (2012-14) to win consecutive US Open titles.
India and the UK will sign a free trade agreement on Thursday in London that will allow export of labour-intensive products such as leather, footwear and clothing at concessional rates, while making imports of whisky and cars from Britain cheaper. The pact also helps double trade between the two economies to $120 billion by 2030.
Among Sensex firms, Eternal, Infosys, Asian Paints, HDFC Bank, Bajaj Finserv and Titan were the major gainers. However, Tata Steel, Tech Mahindra, Adani Ports and Bharat Electronics were among the laggards.
Nehal Wadhera and Shashank Singh struck half-centuries, while left-arm spinner Harpreet Brar took three wickets as Punjab Kings outclassed Rajasthan Royals by 10 runs.
Rajiv Gandhi International Airport in Hyderabad introduces a 'Therapy Dog Program' featuring Toy Poodles to enhance passenger experience and ease travel-related anxiety.
'...as then it brings them closer to the complaints and grievances that the public faces.'
Second seed Coco Gauff overcame early problems on serve to cruise past China's Wang Xinyu 6-3, 6-2, keeping her composure despite eight double faults in the first set to book a meeting with Ukraine's Dayana Yastremska in the third round.
'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.'
Novak Djokovic's battling victory under the lights of Arthur Ashe Stadium made him the oldest man to reach the last 16 at the US Open.
India may have made tactical errors, but former cricketer Sanjay Manjrekar believes the bigger culprit was the weather.
From the 30-share blue-chip pack, Adani Ports jumped over 5 per cent. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers. From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.
President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.
For the time being, the RBI is done with the cuts. A cut in October, which many are still predicting, is not certain. Of course, if growth nosedives, the script will be different, expects Tamal Bandyopadhyay.
Pakistan coach Mike Hesson slams Shere Bangla pitch after T20I loss; Bangladesh disagree