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Business

RBI Governor Advocates for Demand Boost Amid Controlled Inflation, Signals Rate Cut

RBI Governor Sanjay Malhotra emphasizes the need to boost domestic demand amidst controlled inflation, signaling a rate cut to sustain economic growth. The MPC's unanimous decision...

Business

Top Picks for Investors: HCL Tech, Havells, and More Broker Favorites for April 24

Brokers spotlight HCL Tech, Havells, and others as top investment picks for April 24, with upgrades and positive outlooks based on recent performances and future growth potentials.

Business

Exclusive: ICAI's High-Stakes Review of Gensol and BluSmart Audits Sparks Industry Buzz

The ICAI is reviewing audits of Gensol Engineering and BluSmart Mobility after a Sebi probe revealed fund diversion. BluSmart has engaged Grant Thornton for a forensic audit, while...

Business

Rupee's Surprising Strength Against Dollar Masks Significant Losses to Euro and Pound

The rupee's recent gains against the dollar mask its losses to the euro and pound, revealing broader currency weaknesses. Experts discuss the implications for exporters, remittance...

Business

Terror Attack in Pahalgam Triggers 10% Plunge in J&K Bank Stocks, Shaking Investor Confidence

Jammu and Kashmir Bank's stocks fell by 10% following a terror attack in Pahalgam that killed 26 tourists, impacting the region's tourism revenue. Investors are advised to stay inf...

Business

Luxury Under Scrutiny: How High-End Purchases Like Art and Yachts Are Now Taxable

The Indian government introduces a 1% Tax Collected at Source (TCS) on luxury goods over Rs 10 lakh, including art, yachts, and designer wear, to expand the tax base and ensure acc...

Business

Indian Banks Face Margin Pressure Amid Falling Rates and US Tariff Challenges

Indian lenders are expected to manage US tariff impacts better than Asian peers but face margin pressures from falling rates. NBFCs see slower growth due to stress in unsecured loa...

Business

Trump Considers Tariff Relief for US Carmakers, Exempting Key Parts from Heavy Duties

President Trump is considering exempting car parts from some tariffs, following lobbying by US carmakers. This would exclude them from certain duties but not the upcoming 25% tarif...