Telecom users could see another round of mobile tariff hikes within the next three to six months, according to Gaurav Malhotra, Executive Director of Axis Capital. While expectations for a price increase have been pushed back from earlier estimates, he does not believe inflation concerns will delay tariff hikes much further. “We would be sticking…
Mahindra and Mahindra share price in focus: Nomura bullish on auto stock; keeps target price unchanged – 12 reasons why (Image: iStock/ET Now Digital/Canva) Mahindra and Mahindra share price in focus: Automobile major Mahindra & Mahindra (M&M) on May 5, announced its results for the fourth quarter of FY26. Along with the results, the company’s…
FII Investment in India: The Ordinance, published in the Gazette of India on Friday, amends the Income-tax Act, 2025. It has been brought into force retrospectively from April 1, 2026. FII Investment in Government Securities: The Centre has promulgated the Income-tax (Amendment) Ordinance, 2026, granting tax exemption to Foreign Institutional Investors (FIIs) on capital gains…
India has unveiled a series of measures aimed at attracting foreign capital and supporting dollar inflows, as policymakers seek to strengthen the country’s appeal to global investors amid volatile capital flows and rising global uncertainty. The government has exempted foreign institutional investors (FIIs) from paying tax on both interest income and capital gains earned from…
The Reserve Bank of India has announced that the limits for investment by Non-Resident Indians (NRIs) and OCIs in equity instruments on the stock market without SEBI registration are being increased. Additionally, for all individual Persons Resident Outside India (PROIs) are also proposed to be extended the same facility on par with NRIs and OCIs….
At 11:10 am, the stock was trading at Rs 98.73 on the NSE, down 4.99 per cent or Rs 5.20, taking the company’s market capitalisation to Rs 2,915.10 crore. Stock Performance Summary What are the allegations against Rajesh Exports by SEBI? How has SEBI’s order affected Rajesh Exports’ leadership? What implications does the SEBI probe…
The Reserve Bank of India (RBI) has announced a special measure to encourage foreign currency inflows, offering to bear the full hedging cost on fresh 3-5 year Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits mobilised by banks until September 30, 2026. Under the scheme, authorised dealer (AD) banks raising fresh FCNR(B) deposits will receive RBI support…
The government has promulgated the Income-Tax (Amendment) ordinance, 2026, targeted at tax exemptions aimed at increasing foreign investments in Indian Government securities. Key Highlights Of The Ordinance The Ordinance amends Schedule IV of the Income-tax Act, 2025, by inserting two new categories, 13D and 13E, that provide tax relief on specific financial instruments. Under these…
HDFC Asset Management Share Price: HDFC Asset Management Company’s stock rose over 1 per cent on Friday (June 5), after HDFC Mutual Fund announced temporary restrictions on large investments in its Gold ETF and Gold ETF Fund of Funds (FoF). HDFC Asset Management Share Price As of 9:45 am, the share price of the BSE…
The stock market saw notable moves today as several stocks emerged as top gainers and losers. Leading the gainers were companies that posted positive developments or benefited from sectoral momentum. These stocks recorded significant price appreciation, supported by higher trading volumes and positive investor sentiment.Meanwhile, the losers list featured stocks that came under pressure due…
