Analysts said, according to the new code, there will be a restructuring in the salary structure and there should be an increase in the share of contribution towards basic pay, and other key allowances. Illustration: Uttam Ghosh Key Points Private-sector
After a brief pause, the Nifty resumed its downtrend on Friday, sliding 241 points to close at 25,048, its lowest level in the ongoing correction. The index opened higher, tracking strong global cues, but failed to sustain gains as profit
The Indian stock market is set to reopen on Tuesday after the Republic Day holiday, with investors watching closely for relief from aggressive US tariff measures and optimism around progress in the India–European Union (EU) trade agreement. On Friday, domestic
The data from Clearing Corporation of India shows that HDFC Bank raised Rs 450 crore at 7.01 per cent in one-year money, while IndusInd Bank borrowed Rs 1,075 crore at 7.49 per cent for the same tenor. Illustration: Uttam Ghosh
Companies like PhonePe are entitled to an annual incentive for the promotion of low-value UPI transactions. This incentive has been coming down over years. Key Points Tiger Global and Microsoft will sell 1.039 million and 3.678 million shares The ban
The top court asked the CBI and the Enforcement Directorate, represented by Solicitor General Tushar Mehta, to file status reports in sealed cover in ten days on their ongoing probes into the alleged fraud. Photograph: Francis Mascarenhas/Reuters Key Points The
In such pacts, two sides reduce or eliminate import duties on over 90 per cent of goods traded between them. IMAGE: External Affairs Minister S Jaishankar meets European Commissioner for Trade and Economic Security Maroš Šefčovič in Brussels, June 11,
Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said. Equity markets
Dividend Stocks: Companies like Persistent Systems, United Spirits, K.P. Energy, Wipro, IIFL Finance, Jindal Stainless, Orient Electric, Zensar Technologies, and India Motor Parts & Accessories are among other companies that are set to trade ex-dividend in the upcoming week, according
Sentiments remained very weak due to a combination of factors such as sustained rupee depreciation, lack of any finality regarding US-India trade deal and unimpressive Q3 results, so far. Illustration: Dominic Xavier/Rediff Key Points Markets will track industrial production data,
