Benchmark stock indices Sensex and Nifty closed unchanged after a volatile session on Friday as gains in oil & gas and auto shares were offset by losses in IT and FMCG shares. Photograph: Shailesh Andrade/Reuters After a volatile trade, the
India’s markets regulator launched a formal investigation into Jane Street’s trading practices even though its surveillance department had recommended otherwise, due to continued complaints from market participants, two sources with direct knowledge of the matter said. The Securities and Exchange
New Delhi, Sep 5 (PTI) Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) instruments are becoming popular in India as their combined assets under management have crossed ₹9 lakh crore in the last nine years, according to industry
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief. Illustration: Dominic Xavier/Rediff The 50 per cent tariff on Indian exports to the US has exporters on edge. From scaling back production to fears of
Maharashtra has topped the list of states with the most favourable ecosystem for the growth of Farmer Producer Organisations (FPOs), replacing Madhya Pradesh, which has slipped to second place, according to the latest Ease of Doing Business for FPOs (EoDBF)
Billionaire Mukesh Ambani on Thursday termed the second-generation GST reforms as a big booster to consumption-driven growth while his firm promised to pass on the benefit of the cut in tax rates to consumers. Photograph: ANI Photo Ambani, chairman and
Stock markets rose for the second consecutive day on Thursday, with the benchmark BSE Sensex closing higher by 150 points after the GST rate cuts announced on commonly used personal items and daily essential products. Photograph: Utpal Sarkar/ANI Photo Paring
Drug maker Zydus Lifesciences Ltd on Thursday (September 4) said its wholly owned subsidiary, Zydus Lifesciences Global FZE, has entered into an exclusive licensing and supply agreement with Netherlands-based Synthon BV for Ozanimod Capsules, the generic version of Zeposia, in
The Indian stock market closed Thursday’s session with minor gains as early optimism from GST rate cuts, which lifted auto and consumer durable stocks, faded by the close. Selling pressure in banking and technology counters also weighed on frontline indices,
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. Illustration: Uttam Ghosh/Rediff
