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The mutual fund (MF) industry’s demand for restoration of the indexation benefit when capital gains are computed on the sale of debt-oriented funds may be considered favourably by the government. An announcement to this effect is likely to be made in the Budget FY26. The case for reintroduction of the benefit, which was withdrawn in

The government will reopen the window for accepting applications under the Production Linked Incentive (PLI) scheme for speciality steel, in view of the high investor interest in the sector. The PLI 1.1 Scheme for the steel sector will be launched on Monday by minister of steel H D Kumaraswamy, sources said. The reopening of the

With Q3 earnings season underway and key economic data on the horizon, investors are closely watching key stocks across sectors to plan their next moves. As indicated by GIFT Nifty, Indian equity indices BSE Sensex and NSE Nifty 50 are likely to open lower on Monday, January 6. Here’s a look at the key stocks

The Ministry of Finance (MoF) has appointed justice Mayank Kumar Jain, a former Allahabad High Court judge, as a judicial member of the Securities Appellate Tribunal (SAT). This move comes amid a rise in cases pending with the tribunal, with sources hinting at the formation of a second bench soon. Currently, the SAT operates with

State-owned oil marketing companies are likely to register subdued gross refining margins during the upcoming financial year 2025-26 on account of a slowness in global consumer and industrial demand, especially in China, and additional supply flowing from refinery capacity additions seen globally, according to analysts. However, demand for petroleum products in the country is expected

Old habits die hard, and Ketan Parekh seems intent on proving that he is the poster boy of that phrase. For the ‘Pentafour bull’, who was convicted in a stock market scam over two decades ago, stock market manipulation is an addiction he just can’t give up. In less than a decade after his 2003-2017

PM Narendra Modi on Saturday said there is a need to set up five-six more cooperatives like Amul to ensure better prices for farmers’ produce. Inaugurating the Grameen Bharat Mahotsav 2025 in Delhi, Modi emphasised that the government is moving forward with the mantra of national development through rural development.  Modi also stressed upon the

The combined market valuation of four of the top-10 most valued companies saw a collective loss of Rs 96,605.66 crore. HDFC Bank, ICICI Bank, TCS, and SBI valuation slipped significantly. HDFC Bank’s market value dropped by Rs 37,025.46 crore and stands at Rs 13,37,919.84 crore, while ICICI Bank lost Rs 29,324.55 crore, bringing its value