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 The case for reintroduction of the benefit, which was withdrawn in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
Indian stock markets are set for a turbulent start as global jitters over Trump’s new tariffs weigh on. Early trends from GIFT Nifty point to a sharp drop of over 350 points, signaling a weak opening for Sensex and Nifty 50. Indian stock markets ended on a positive note in the previous trading session, with
Pramerica Life Insurance, a joint venture between subsidiaries of Piramal Capital and Housing Finance and US-based Prudential Financial Inc, aims to close FY26 with Rs 3,000 crore in gross written premium. In an interview with Narayanan V, managing director and CEO Pankaj Gupta discusses the products and distribution strategy. Excerpts: Life insurance premiums have been
Tata Small Cap Fund is a growth-oriented scheme in the Small Cap Fund category that has exhibited a noteworthy track record since its inception and has outpaced many of its prominent peers, thereby rewarding investors with superior risk-adjusted returns. Launched in November 2018, Tata Small Cap Fund aims to invest in stocks of companies that are in growth
Amidst the trademark dispute with his brother Abhishek Lodha, Abhinandan Lodha, founder and chairman, House of Abhinandan Lodha (HoABL) is looking to grow his plotted development business by 30% per annum and buy land in new cities. In an interview, Lodha tells Raghavendra Kamath about his strategy and outlook for the real estate market. How
The stock market is buzzing with action today. Some companies are riding high on big deals and record profits, while others are facing fresh challenges. But the biggest shake-up? Donald Trump has kicked off his tariff agenda with sweeping trade barriers that could shake up global markets. On April 2, Trump declared “Liberation Day,” unveiling