Net direct tax collections rose 14.64% to over Rs 5.21 lakh crore as of June 17 in the current financial year, driven by robust advance tax payments from companies and higher securities transaction tax (STT) collections, according to government data released on Thursday, as reported PTI.The growth keeps the Centre on track to meet its…
Overall India’s in Swiss Banks fall over 8% in 10 years (Representative imag) Funds linked to Indian clients in Swiss banks declined by more than 8 per cent in 2025 to 3.25 billion Swiss francs (around Rs 36,793 crore), according to annual data released by the Swiss National Bank (SNB) on Thursday.The decline was largely…
Accenture’s shares tumbled more than 14% on Thursday after the IT consulting giant flagged the impact of the Iran war on its business, cut its annual growth outlook. Accenture’s shares tumbled more than 14% on Thursday after the IT consulting giant flagged the impact of the Iran war on its business, cut its annual growth…
Prime Minister Narendra Modi will release the 23rd instalment of the PM-Kisan scheme on June 20, transferring Rs 18,880 crore directly into the bank accounts of more than 9.44 crore farmers across the country Prime Minister Narendra Modi will release the 23rd instalment of the PM-Kisan scheme on June 20, transferring Rs 18,880 crore directly…
US stocks rebounded on Thursday, recovering much of the previous session’s losses as falling oil prices and easing Treasury yields lifted investor sentiment. US stocks rebounded on Thursday, recovering much of the previous session’s losses as falling oil prices and easing Treasury yields lifted investor sentiment following the US-Iran agreement to end hostilities and reopen…
India is reportedly in talks with multilateral lenders to secure around $2.5 billion through existing credit lines. The move comes as New Delhi explores fresh sources of capital after the Middle East conflict has affected the government’s ability to increase spending.The World Bank and the Asian Development Bank (ADB) are discussing loans worth $1.5 billion…
The BSE Sensex rose 254.36 points, or 0.33%, to settle at 77,409.98, while the NSE Nifty50 gained 82.30 points, or 0.34%, to close at 24,168. Benchmark equity indices Sensex and Nifty closed higher for the fifth straight session on Thursday, supported by easing crude oil prices and optimism surrounding the US-Iran peace deal.The BSE Sensex…
The National Stock Exchange (NSE) has flagged a wide range of risks to its business from regulatory changes and technology failures to cyberattacks and artificial intelligence-related challenges in its draft IPO papers, while highlighting its heavy dependence on derivatives trading for revenue, PTI reported.The disclosures, made in the draft red herring prospectus (DRHP) filed with…
Thousands of Indian professionals working in Britain through Indian employers will stop paying dual social security contributions from July 15, with officials estimating that 90-95% of such workers will benefit from the India-UK social security pact coming into force alongside the free trade agreement.The Agreement on Social Security, or Double Contribution Convention (DCC), is expected…
The National Stock Exchange of India has officially set the stage for one of the biggest market events in the country’s history, filing its draft red herring prospectus (DRHP) for an initial public offering (IPO) of up to 148,905,525 equity shares. The issue, valued at an estimated Rs 30,000 crore, is poised to become the…
