In a significant policy move aimed at strengthening foreign capital inflows and enhancing the attractiveness of India’s debt market, the central government has announced the removal of capital gains tax and withholding tax on investments made by eligible foreign investors in government securities. The decision comes at a time when policymakers are seeking to reinforce...
The Reserve Bank of India (RBI) has decided to keep the benchmark repo rate unchanged at 5.25% following the latest meeting of its Monetary Policy Committee (MPC), signaling a cautious approach as policymakers navigate a complex economic environment marked by inflationary pressures, global uncertainties, and currency volatility. The decision, announced after the MPC’s policy review,...
In a significant move aimed at protecting India’s aviation sector from global energy market turbulence, the Union Cabinet has approved a one-time ₹10,000 crore Aviation Turbine Fuel (ATF) Price Stabilisation Fund. The measure is designed to shield domestic airlines from sharp fluctuations in jet fuel prices that have emerged due to ongoing geopolitical tensions and...
Indian equity markets witnessed a sharp decline as investors reacted nervously to rising geopolitical tensions in the Middle East, sparking a broad-based sell-off across global financial markets. Benchmark indices suffered significant losses during the trading session, with the Sensex falling more than 1,000 points and the Nifty slipping substantially amid heightened uncertainty. The sudden downturn...
A viral claim suggesting that the Reserve Bank of India (RBI) sold gold worth nearly $12 billion to protect the country’s foreign exchange reserves has been officially rejected, with authorities clarifying that no such transaction took place. The clarification came after reports and social media posts sparked widespread speculation regarding the central bank’s gold holdings...
The energy relationship between India and Russia has emerged as one of the most significant pillars of their broader strategic partnership, evolving from traditional oil trade into a multidimensional collaboration encompassing crude oil, natural gas, liquefied natural gas (LNG), nuclear energy, critical minerals, infrastructure development, and emerging Arctic opportunities. As global energy markets continue to...
The anticipation surrounding a potential SpaceX initial public offering (IPO) has reached unprecedented levels, creating intense demand among investors eager to gain exposure to one of the world’s most influential private companies. Market analysts, institutional investors, and retail traders alike are closely monitoring developments, with many describing the excitement as unmatched in recent years. SpaceX,...
The Enforcement Directorate (ED) has carried out search operations at premises associated with the Vedanta Group as part of an ongoing investigation into alleged violations of the Foreign Exchange Management Act (FEMA), intensifying regulatory scrutiny of one of India’s largest natural resources and mining conglomerates. According to officials familiar with the matter, the searches were...
The United States has proposed fresh trade measures targeting India and 59 other economies, citing concerns over the continued presence of goods linked to forced labour within global supply chains. The move marks a significant development in Washington’s ongoing efforts to tighten trade enforcement and address what it describes as unfair commercial practices affecting American...
Government cybersecurity authorities have issued a high-priority warning for users of Google Chrome, cautioning that multiple security vulnerabilities in the browser could expose computers and personal data to hackers if not updated immediately. The advisory highlights concerns over critical flaws that may allow cybercriminals to gain unauthorized access to devices, steal sensitive information, execute malicious...