Economy and policy news

SEBI Calls Single-Point Agenda SMAC Meeting On Thursday To Review CAS Public Feedback

SEBI's Secondary Market Advisory Committee will discuss feedback on the Closing Auction Session framework, with market participants favouring the existing VWAP methodology for…

Diwali Bonanza! Govt Approves Rs 2,009-Crore 78-Day Bonus For Over 11 Lakh Railway Employees

The Centre approved a 78-day bonus for eligible railway employees ahead of the festive season. The payment covers around 11.41 lakh non-gazetted staff, including loco pilots…

Infrastructure

Sebi proposes market cap-based SME listing norms, lower application size

Sebi proposes halving the minimum SME IPO application value to Rs 1 lakh, raising the operating profit threshold and easing offer-for-sale restrictions for institutional investors

3 outletsIPO & Listings

Flexibility for AIFs is not relaxation but more responsibility: Sebi WTM

Sebi whole-time member Sandip Pradhan said regulation of private markets will increasingly need to be proportionate, data-driven and risk-based as the sector expands

AIFs to play crucial role in India's economic growth, AI offers significant opportunities: Partner BCG

India's Alternative Investment Fund (AIF) industry has significant growth potential and could play a crucial role in the country's economic expansion, while artificial…

RBI Rate Hike: Can Your FD Beat Inflation After Tax?

Leading banks in India are expected to soon revise their FD rates, offering higher returns to investors after the RBI’s rate hike move.

Monetary Policy

Cancer Drug Trade Margins Run Up To 700%, Government Tells Supreme Court

The Centre expects its proposed 30% trade margin cap to cut cancer drug prices by up to 70% and save patients Rs 2,500 crore annually, with an expert committee set to recommend…

Quarterly Results

India Tightens Mauritius Tax Treaty, Introduces Principal Purpose Test

However, investors with genuine commercial reasons for routing investments through Mauritius may continue to claim benefits, subject to the amended treaty provisions and…

Salary hikes at 9.1%, inflation still bites: Are employees actually getting richer in 2027?

India Inc’s average salary hike is projected to rise marginally to 9.1% in 2027 from 9% in 2026, according to Aon. But with inflation, taxes and rising household expenses eating…

Monetary Policy

September WPI Data: Food, Fuel Prices Push Wholesale Inflation To Above 11%

Food and fuel costs drive India's wholesale inflation to 11.39% in September, while manufactured product prices also rise.

Monetary Policy

Brent Above $106 And Rising: What A Test Of $120 Would Mean For India's Rupee, Inflation And Stocks

Crude's climb on Houthi-Saudi fighting comes as the RBI defends the rupee, inflation sits at a 22-month high and foreign investors sell for a 13th straight session.

Monetary Policy

Indian equities jump 1.6% as FM's STT remarks spark hopes of tax review

Indian equities surged 1.6% on Tuesday, marking the largest single-day gain in over two months. This increase followed remarks by finance minister Nirmala Sitharaman regarding…

2 outletsInstitutional Flows

BT Explainer: Strong GDP, weak rupee: Why India cannot stop its currency from falling

India’s economy continues to outpace many major economies, yet the rupee has weakened every year since 2018. From US tariffs and rising oil prices to foreign capital outflows and…

Sebi proposes Rs 50,000 fine for firms not cooperating with monitors

Sebi has proposed a fine of ₹50,000 for each instance of non-cooperation by listed companies. Monitoring agencies would be empowered to submit reports directly to stock exchanges.…

2 outlets

Sebi proposes review of framework for monitoring utilization of issue proceeds

Sebi has invited public comments on recommendations to review rules governing the monitoring and disclosure of issue proceeds by listed companies. The consultation paper, based on…

2 outlets

Stocks jump as Sitharaman says government will hear investors on LTCG tax

Finance minister Nirmala Sitharaman said Indian and foreign investors had raised questions about long-term capital gains tax, the securities transaction tax and whether different…

Govt Likely To Meet FY27 Revenue Target As Tax Collections Stay Robust

Robust direct tax and GST collections, along with stronger customs receipts, are expected to help the Centre meet its FY27 net tax revenue target of Rs 28.7 lakh crore, cushioning…

Taxation

India's benchmark bond breaks 4-day falling streak as value investors return

Indian government bonds have rebounded following a significant rise in yields, drawing investors back into the market. The benchmark bond yield has risen due to a central bank…

Monetary Policy

GST’s next big push: More taxpayers, better compliance and higher revenue

Centre, states eye wider tax base as lower compliance burden and reduced risk perception encourage registration; B2C e-invoicing app to roll out from April 1, 2027.

Taxation

Sebi extends relaxation to revise fresh issue size till March 2027

IPO-bound companies can increase or decrease fresh issue sizes by up to 50 per cent without filing fresh draft offer documents, provided the main objective of the issue remains…

4 outletsIPO & Listings

Sebi notifies PMS rules; broadens investment avenue for portfolio managers, introduces PRIM route

Sebi has announced a new Portfolio Management Services framework effective from April 1, 2027. This framework permits portfolio managers to invest in IPOs, primary market debt…

2 outletsMutual Funds

LTCG Tax Exemption: Do Global Stock Gains Qualify For The Rs 1.25 Lakh Benefit?

Foreign stocks are treated as unlisted securities in India, so the holding period used to classify gains as short-term or long-term, along with the applicable tax rules, differs…

A falling stock is not always cheap: Kotak explains the role of earnings and valuations

Kotak Institutional Equities argues that stock prices are driven by earnings expectations and PE multiples rather than market flows or liquidity. Rebutting myths about FPI…

2 outletsQuarterly Results

LTCG, STT debate: FM Sitharaman to 'tread cautiously' on taxation ahead of Budget

Nirmala Sitharaman says she will tread cautiously on taxation ahead of the Union Budget amid rising debate over scrapping LTCG and STT.

Sitharaman Keeps Door Open On LTCG Tax Rethink, Says Budget 2027 Prep Underway

Market participants have raised the issue of whether all asset classes should be treated similarly, Sitharaman said, noting that the government will keenly hear views on these…

'Today, Technology Is Power, Data Is Power': PM Modi At New Economy Forum

Prime Minister Narendra Modi will attend and address the Bloomberg New Economy Forum in New Delhi starting at 10:00 am on Tuesday.

'We grow with the world, not at anyone's cost': PM Modi on India's economic growth

Modi said that India seeks to expand its global economic influence through shared prosperity rather than doing so at the expense of other countries.

Old Monk sales ban costs Maharashtra govt ₹350 cr, company loses ₹500 cr

The liquor manufacturer told the Bombay High Court that the sales restriction has cost it over ₹500 crore, as a dispute with FSSAI over rum flavouring and labelling remains…

India Faces Oil, Inflation Headwinds As Global Risks Mount: Steve Englander

India faces mounting inflation risks as crude oil prices remain elevated amid Middle East tensions, according to Steve Englander of Standard Chartered Bank. He also flags currency…

Monetary Policy

PM Modi To Participate In Bloomberg New Economy Forum | Watch Live Video Here

Prime Minister Narendra Modi will attend and address the Bloomberg New Economy Forum in New Delhi starting at 10:00 am on Tuesday.