ICICI Bank Ltd has received an Order in Appeal (OIA) from the Maharashtra Goods and Services Tax (GST) Department raising a tax demand of ₹50,38,09,792, along with an equivalent amount of penalty and interest as applicable. The development follows an
The Indian stock market is currently traversing a phase of consolidation amid mixed earnings trends, global macro crosscurrents, and evolving structural shifts, particularly in the IT space. While domestic fundamentals remain resilient, sectoral divergences and elevated valuations in pockets warrant
India’s core sector growth decelerated to 4% in January, signaling a slowdown in key infrastructure industries and raising concerns about overall industrial production. Illustration: Dado Ruvic/Reuters Key Points India’s core sector growth slowed to 4% in January, a two-month low,
‘AI adoption is moving faster than our ability to measure it — and that’s a challenge for anyone trying to make smart decisions.’ Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. OpenAI
Dun & Bradstreet report finds balance shifting from metros to emerging cities. Photograph: Hemanshi Kamani/Reuters Key Points India is undergoing rapid urbanisation Among metropolitan cities, Ahmedabad ranked first in terms of growth, followed by Bengaluru and Delhi. Major emerging cities
The Trump administration on April 2, 2025, announced these duties on about 60 nations, including India. It was aimed at providing a level playing field to US exporters. Illustration: Dado Ruvic/Reuters Key Points Normally, companies pass on these taxes to
President Donald Trump has imposed a 10% ad valorem duty on all goods entering the United States for a period of 150 days. For India, goods that were earlier subject to a 25% reciprocal tariff will now face a 10%
Gold rate today: On account of safe-haven demand amid uncertainty from the US-Iran war buzz and the US Supreme Court’s decision on Trump’s tariffs, gold prices are expected to remain on an uptrend. The MCX gold rate finished marginally higher
‘We could well be in a world where AI already has these dangerous capabilities and that is why there is a need for careful scientific evaluation to determine the risk and capabilities of these machines.’ Kindly note that this illustration
The previous all-time high of $723.77 billion was touched in January. Illustration: Dado Ruvic/Reuters Key Points The overall forex reserves dropped $6.71 billion Value of the gold reserves surged by $4.99 billion India’s reserve position with the IMF was also
