Former Reserve Bank of India (RBI) Governor Raghuram Rajan has been selected to serve on an important advisory task force established by the United States Federal Reserve, marking another significant milestone in his distinguished career as one of the world’s leading economists. Along with Rajan, two other eminent Indian-origin economists have also been appointed to...
Indian equity markets witnessed a sharp decline as renewed geopolitical tensions in West Asia rattled investors across global financial markets. Mounting concerns over the widening regional conflict, rising crude oil prices, and uncertainty in international markets prompted investors to reduce exposure to riskier assets, leading to broad-based selling across Indian equities. The benchmark indices closed...
One of India’s most influential business conglomerates, Tata Sons, has once again found itself at the center of a significant regulatory and corporate governance discussion. The debate revolves around whether the holding company of the Tata Group may eventually be required to launch an Initial Public Offering (IPO) and list its shares on stock exchanges...
India’s capital markets could soon witness a historic milestone as the National Stock Exchange (NSE) moves closer to launching what may become the country’s largest-ever initial public offering (IPO). Market estimates indicate that the proposed public issue could be valued at nearly ₹30,000 crore, surpassing previous record-breaking offerings and marking a significant development in the...
New Delhi: Prime Minister Narendra Modi on Monday lauded the recent GST reforms announced by Union Finance Minister Nirmala Sitharaman. Speaking to National Awardee teachers at his official residence on 7, Lok Kalyan Marg, PM Modi highlighted that the Goods and Services Tax (GST) has been made simpler, with tax slabs reduced to just 5%...