The high interest rate regime seems to be over in the country with the RBI slashing its repo rate, at which it lends to commercial banks, by 50 basis points (bps) this year. The key benchmark lending rate of the central bank now stands at 6% after last 25 bps cut on April 9, 2025.
The possibility of more price hikes is not over yet within the domestic fast-moving consumer goods (FMCG) space even as prices of key agri commodities remain firm.While crude oil and its derivatives such as titanium dioxide and linear alkyl benzene (LAB) are benign for now, and so is soda ash, which is down nearly 17%
Markets are sizzling again. Despite the rollercoaster ride driven by the global tariff war headlines, some sectors are quietly cooking up a comeback. Among them? The humble-yet-hearty food sector. While the NSE and BSE haven’t officially plated up a “Food Sector” index, we have taken the liberty—like a good chef experimenting in the kitchen—to whip
The new financial year has started and now taxpayers want to know when they can file their Income Tax Return (ITR) for the assessment year 2025-26. However, for this, first the Income Tax Department will have to notify the ITR forms for the current assessment year. Seven different ITR forms were notified in April last
It’s a busy week on the Q4 results calendar with over 30 companies reporting their earnings in this holiday-shortened week. From tech majors Infosys, Wipro to the big boys of the banking world, ICICI Bank and HDFC Bank are all set to report their Q4 performances. Wipro: Q4 earnings on April 16 Tricky times for
SEBI has yet again cautioned investors against taking advice from social media. According to SEBI, if you take stock-related advice from “social media platforms like Facebook, Telegram, WhatsApp, YouTube, be cautious you can get scammed as the fraudsters have increased their manipulative and fraudulent activities via these platforms.” The market watchdog in a press release
Unified Payments Interface (UPI) services experienced a major disruption across India, marking the third major outage in a month. Users are facing widespread issues on digital payment platforms like Paytm, Google Pay and PhonePe. (More details are awaited.) » Read More
Fairmont Mumbai, Accor group‘s luxury hotel chain, which was launched this week in the metropolis, is looking to break even within 5-7 years, general manager Rajiv Kapoor said in a conversation with FE. The Mumbai property, located in the suburb of Andheri, is the second for Accor’s Fairmont brand in India after the Fairmont Jaipur
ITR Filing news: With ITR filing date extended to September 15, you now have more time to decide between old and new tax regimes. Salaried employees or pensioners without business income can change tax regime every year before filing ITR by simply selecting the option in ITR-1 or ITR-2. ALSO READTired of high rents and
Ahead of the August 7 hearing in the Supreme Court on the Bhushan Power & Steel (BPSL) matter, many insolvency experts feel that the best- case scenario for the company and all stakeholders would be one where the current management is allowed to run the company. JSW Steel, which acquired BPSL for Rs 19,700 crore
Equity markets this week will turn their focus on the RBI‘s interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors’ sentiment. “At the domestic level, all eyes will be on the
Tata Consultancy Services left people stunned at the end of July after announcing plans to lay off more than 12,000 employees. The move has left many IT sector workers unnerved and sparked growing concerns about similar cuts in other companies. A growing call for AI and automation has incidentally led to the loss of more
Beating analysts’ estimates by a narrow margin, Tata Power on Friday posted a 9.2% growth in profit at Rs 1,060 crore in Q1FY26 as compared to Rs 971 crore in Q1FY25. Sequentially, profits grew 1.6%. Analysts had predicted a profit of Rs 1022 crore. The company beat analysts’ estimates on the revenue front also, posting
