SEBI's impending regulations on futures and options (F&O) trading are set to reshape India's retail trading landscape significantly. The proposed measures include rationalizing weekly options, increasing contract sizes, and enforcing stricter margin requirements....
In the coming months, six public sector banks (PSUs) — UCO Bank, Indian Overseas Bank (IOB), IDBI Bank, Bank of Maharashtra, Punjab & Sind Bank, and Central Bank of India — are expected to attract significant attention. This focus is driven by the requirement from...
ITC Ltd. plans to invest ₹20,000 crore over the next five years to expand its FMCG and paperboard capacities. Chairman and Managing Director Sanjiv Puri announced that 35-40% of this investment will focus on FMCG, building Integrated Consumer Goods Manufacturing and...
Income Tax: No changes in tax rates for direct or indirect taxes, including import duties. Tax collections have doubled over the last decade, with an average tax return processing time reduced to 10 days. Infrastructure Development: Capital expenditure outlay...
Adani Green Energy Limited (AGEL) reported an impressive 95% year-on-year (YoY) increase in net profit for Q1 FY2024, highlighting its strong growth trajectory. The net profit surged to ₹629 crore from ₹323 crore in the same quarter the previous year. Financial...
The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, introduces notable changes to the income tax regime. The standard deduction has been increased from ₹50,000 to ₹75,000, providing additional relief to taxpayers. The new tax regime, aimed at...
The commercial vehicle sector is on the brink of transformative growth, driven by advancements in alternative fuels such as LNG (liquefied natural gas) and green hydrogen. Experts at the 3rd Indian Commercial Vehicle Conclave highlighted these trends, focusing on the...
In response to Finance Minister Nirmala Sitharaman's Budget announcement, Zerodha co-founder Nithin Kamath commented on the increase in Securities Transaction Tax (STT) rates. The STT on options rose from 0.062% to 0.1%, and on futures from 0.0125% to 0.02%, effective...
Pune, India – Poorva's journey from modest beginnings to becoming a prominent entrepreneur and Salesforce professional is a powerful testament to determination and hard work. Starting in a small town, Poorva began tutoring family members at 19, earning Rs. 400. Over...
Vishwwa Mohan Singh's journey from a Mathematics teacher to a transformative figure in the world of entrepreneurship and book publishing is nothing short of inspiring. As the Founder and Director of Vital Vishwa Publications Private Limited, he has helped over 100...