Leading commodity bourse Multi Commodity Exchange of India Ltd (MCX) on Wednesday (September 30) said it has received a Goods and Services Tax (GST) show-cause notice proposing a combined ₹103.31 crore tax, interest and penalty for financial year 2022-23. The notice, dated September 29, was issued by the GST Department under Section 73(1) of the…
The equity benchmark indices failed to hold its recovery on Wednesday (September 30), with the Nifty ending 96 points lower at 22,620 and the Sensex slipping 49 points to 72,480. The Nifty Bank was the relative outperformer, rising 373 points to 54,633, while the Nifty Midcap index gained 13 points to 59,332. Here are the…
The rupee appreciated 13 paise to close at 95.81 (provisional) against the US dollar on Wednesday as crude oil prices retreated from their elevated levels and tracking an overnight decline in the US Dollar index. Forex traders said easing US Treasury yields from multi-decade highs also supported the rupee. However, weak domestic markets capped sharp…
Drug firm Aurobindo Pharma Ltd on Wednesday (September 30) said its biopharmaceutical arm Acrotech Biopharma Inc. has launched ADQUEY (difamilast 1%) ointment in the US for the treatment of mild-to-moderate atopic dermatitis in adults and paediatric patients aged 2 years and older. ADQUEY is a non-steroidal topical phosphodiesterase-4 (PDE4) inhibitor. The product will compete in…
Indian equity markets extended their decline on Wednesday, with the Nifty closing 95 points lower amid continued volatility and selling pressure. On the first day of the October series, the Nifty saw gradual buying in the first half of the session, but the recovery failed to sustain. The index came under sharp selling pressure in…
India’s 10-year bond yield has climbed to its highest level since April 2024, widening the gap with equity income. With foreign investors selling again and the rupee under pressure, Indian stocks face a tougher relative-return equation. By Yoosef K September 30, 2026, 9:54:03 PM IST (Published) The latest global bond sell-off has pushed yields sharply…
Hospitality chain Lemon Tree Hotels Ltd on Wednesday (September 30) announced the opening of Keys Prima by Lemon Tree Hotels, Darjeeling, marking its first hotel in the hill town and its third operational property in West Bengal. The 65-room hotel is located on Old Kutchery Road and is managed by Carnation Hotels Private Limited, a…
In a relief for Indian investors and markets, Wall Street was trading higher after US inflation rose less than expected, while consumer spending grew …Read More 1/6 US Markets | On the final trading day of September, US stocks rose on Wednesday after fresh economic data showed inflation slowing last month. The Dow Jones Industrial…
Indian Railway Finance Corporation (IRFC) has received a ₹396.91 crore show-cause notice from the Bihar tax authorities over Goods and Services Tax (GST) matters for FY23. The notice, which includes applicable interest and penalty, was issued by the Office of the Joint Commissioner of State Tax, Hajipur Circle, Hajipur, IRFC said in an exchange filing…
Blue Dart Express will raise prices across its domestic portfolio by 9% to 12% from January 1, 2027, depending on the product and customer shipping profile. The logistics company said the annual price increase is intended to offset higher operating costs and support investments in service quality and its delivery network. Customers who sign up…
