Union finance minister Nirmala Sitharaman with Jammu and Kashmir chief minister Omar Abdullah, Haryana chief minister Nayab Singh Saini, Karnataka chief minister DK Shivakumar, Delhi chief minister Rekha Gupta, state finance ministers and other dignitaries during the 57th Goods and Services Tax (GST) Council Meeting NEW DELHI: With GST rate rationalisation and procedural simplification out…
MUMBAI: Sir Dorabji Tata Trust (SDTT) has been granted time until Oct 19 to file its response to complaints lodged by vice-chairmen Venu Srinivasan and Vijay Singh, who have alleged that the trust exceeded its charitable mandate by intervening in the commercial and strategic affairs of Tata Sons.The duo filed complaints with the Maharashtra Charity…
Bharti Enterprises founder and chairman Sunil Bharti Mittal NEW DELHI: Sunil Bharti Mittal, Bharti Enterprises founder and chairman, has been named a Chevalier de l’Ordre national de la Legion d’Honneur (Knight of the National Order of the Legion of Honour) by French President Emmanuel Macron. Established in 1802 by Napoleon Bonaparte, this is the highest…
The tribunal delivered its ruling on August 14, 2026. (Image for representative purpose only) You get Transferable Development Rights from the government by giving up a part of your land and sell them to a builder. Are you liable to pay capital gains tax?In one such case a landowner received Transferable Development Rights (TDRs) but…
Foreign investors have sold Indian equities worth Rs 44,166 crore so far in October. With foreign investors pulling money out of Indian equities, economists at the country’s largest lender, State Bank of India (SBI), have proposed scrapping the long-term capital gains (LTCG) tax on equity investments to encourage investors to remain invested for longer periods.“The…
The Delhi High Court observed that Clause 3.3 of the RBI circular gives banks the freedom to set interest rates. (Image for representative purpose only) Can banks change the rate of returns for fixed deposits on non-renewal? The Delhi High Court has ruled in favour of a fixed deposit holder after a bank cut the…
India’s retail inflation may rise to 5.47% in September as food prices climb: UBI Retail inflation moved closer to the Reserve Bank of India’s upper tolerance limit of 6 per cent in September, rising to 5.54 per cent from 4.83 per cent in August as food prices recorded a sharper increase. Food inflation climbed to…
The report further suggested that banks could set aside around 3% of the funds that CASA depositors forgo through lower interest earnings. With a Merchant Discount Rate (MDR) on merchant UPI transactions being announced above Rs 2,000, professors at IIT-Bombay have come out with a report proposing reducing the MDR to 0.08% from 0.40%.The report’s…
ICF has said in the past that its 24-car Vande Bharat sleeper will be one of the longest sleeper trains being produced in India. After rolling out 16-coach Vande Bharat sleeper trains, Indian Railways is now eyeing a 24-coach train set that will cater to longer distance overnight journeys. The Integral Coach Factory (ICF) Chennai…
Top stocks to buy in October 12, 2026 week Stock market recommendations: ICICI Lombard General Insurance, and Nykaa are the top stocks that Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities has picked for buying for the October 12, 2026 week. Let’s take a look at his rationale and views on Nifty and…
