Stock market today: BSE Sensex slips over 200 points; Nifty50 below 23,650
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Thursday. While BSE Sensex was below the 78,000 mark, Nifty50 was below 23,650.
Run-up to Budget 2025: Restore 182 days residency rule for visiting NRIs and PIOs
The Finance Act, 2020 introduced a more complex tax residency determination for NRIs and PIOs, reducing the stay threshold from 182 to 120 days based on India-sourced income. Experts argue … Read More
FPI cautious on Indian market until further clarity on Q3 results
Foreign portfolio investors remain cautious on Indian equities in light of uncertainty around Q3 FY25 earnings recovery and fair market valuations, despite strong domestic institutional investor support. The Indian rupee’s … Read More
Rupee plunges 13 paise to settle at new record low of 85.87 against US dollar
The rupee plummeted 13 paise to a new record low against the US dollar amid surging crude prices, a stronger US dollar, and weak domestic equities. Government projections indicate a … Read More
Personal tax reforms, raised exemptions and more expected in 2025 budget: EY
Taxpayers and businesses are eagerly awaiting the Union budget 2025, with expectations for reforms including increased capex, higher tax exemptions, streamlined tax compliance, and clarified tax guidelines for digital assets. … Read More
Bharat Biotech founder Dr Krishna Ella awarded INSA fellowship for 2025
Dr Krishna Ella, co-founder of Bharat Biotech, has been awarded the prestigious INSA India fellowship for 2025 for his significant contributions to vaccine technology and biotechnology. His work led to … Read More
RBI removes sanctions on Asirvad Micro Finance and DMI finance
The Reserve Bank of India has lifted the restrictions on Asirvad Micro Finance and DMI Finance, effective immediately, following their corrective measures and compliance with regulatory guidelines. The restrictions had … Read More
Critical to build trust in tech systems to avoid ‘unintended consequences’ of AI: Microsoft CEO Nadella
Microsoft CEO Satya Nadella, after pledging $3 billion investments in India for AI and cloud, emphasized the importance of security, privacy, and trust in tech platforms. Speaking at the ‘Microsoft … Read More
Budget 2025: Modi government to simplify income tax filing rules, says report
Budget 2025 expectations: A proposed revamp of the Income-tax Act of 1961 is currently being finalized and will likely be issued for public consultation around mid-January, according to people familiar … Read More