SEBI Revamps Related Party Transaction Rules with Scale-Based Framework
Key Highlights SEBI links RPT rules to company turnover instead of a one-size-fits-all framework. The move is aimed at reducing compliance burden for listed entities. RPTs involve transactions between a…
Elon Musk Buys $1 Billion Worth of Tesla Shares, Boosting Investor Confidence
Elon Musk, the billionaire entrepreneur and CEO of Tesla, has purchased roughly $1 billion (£735 million) worth of Tesla shares. This marks his first open market stock purchase since 2020…
ITR Due Date 2025 Live: Will Centre Extend Deadline Beyond September 16?
Key Highlights The ITR filing deadline for AY 2025–26 was extended from September 15 to September 16, 2025. The Income Tax Department made the announcement late Monday night. The extension…
JPMorgan to Cut China, India Share in Flagship EM Bond Index
Key Highlights Issuer cap in JPMorgan’s GBI-EM Global Diversified Index will be reduced from 10% to 9%. Implementation will begin in the first half of 2026, phased over several months.…
Infosys Buyback: Understanding the Higher Tax Burden for Shareholders
The taxation rules around buybacks in India have undergone a major transformation. For years, companies carried the responsibility of paying buyback tax whenever they repurchased their own shares. However, starting…
Pharma’s Four-Day Streak Ends: Dr. Reddy’s, Biocon Lead the Decline
For four straight days, the pharmaceutical sector had been riding high, a welcome respite in what has been a volatile market. But that upward climb screeched to a halt today,…
Wholesale Inflation Rises to 0.52% in August After Two Months of Decline
India’s wholesale inflation, measured by the Wholesale Price Index (WPI), returned to positive territory in August 2025 after remaining in the negative zone for two consecutive months. The Ministry of…
Infosys, TCS, Other IT Stocks Decline as Investors Await Fed Cues on Rate Cut Path
Indian stock markets witnessed weakness in information technology (IT) counters on Monday as investors adopted a cautious stance ahead of a crucial US Federal Reserve policy signal. Market participants are…
AI Can Drive 8%+ Growth for Viksit Bharat: NITI Aayog
A new report by NITI Aayog has placed artificial intelligence (AI) at the heart of India’s economic aspirations, stating that sustained growth of over 8 percent is possible if the…
From XUV700 to Fortuner: SUVs Get Cheaper with GST Cuts
The Goods and Services Tax (GST) rationalisation, popularly referred to as GST 2.0, has introduced significant price cuts across India’s automobile industry. Among the biggest beneficiaries of this new taxation…
