Market slump widens as commodity-linked stocks take the brunt Equity markets saw fresh selling pressure as deep losses in metal, oil & gas, and other commodity-linked stocks weighed heavily on sentiment. The weakness was compounded by ongoing foreign fund outflows, which analysts say intensified the slide and left domestic investors searching for safe ground. Which … Read more
Rupee edges lower despite fresh RBI intervention The domestic currency slipped in the last trading session even after the Reserve Bank of India stepped in again to support the exchange rate. Market participants said the RBI’s actions provided short-lived relief, but broader forces kept the currency under pressure. What happened in the market Dealers and … Read more
In a stock exchange filing on 7 January, an IT company announced a strategic partnership that will combine Infosys Topaz with Amazon Q Developer. The move signals a closer tie-up between the two platforms and aims to create a more seamless experience for enterprise customers and developers. What the partnership means The agreement pairs Infosys … Read more
Kedaara Capital to buy majority stake in Tynor Orthotics at ₹3,500–4,000 crore valuation Private equity firm Kedaara Capital is set to acquire a majority stake in Tynor Orthotics in a deal that values the medical devices and rehabilitation-products maker at between ₹3,500 crore and ₹4,000 crore. The transaction will enable existing investor Lighthouse Funds to … Read more
Market regulator SEBI has issued a notice to the domestic securities unit of Bank of America after completing an investigation into the bank’s role in handling a March 2024 stock sale of Aditya Birla Sun Life Asset Management. The action underscores heightened regulatory scrutiny over how large institutional trades are handled in India’s equity markets. … Read more
Many investors chase the idea of market timing: selling before a crash and buying back in once things calm down. It feels logical — avoid the pain, keep the gains. But the hard truth from financial history is that even perfect market timing would have delivered only modest additional returns compared with a steady, disciplined … Read more
The Indian benchmarks opened lower on Wednesday, with the BSE Sensex slipping 255.86 points to 84,705.28 in early trade while the NSE Nifty eased 65.9 points to 26,074.85. The early fall reflected cautious investor sentiment as markets digested a mix of domestic and global cues. Market snapshot: early trade figures BSE Sensex: down 255.86 points … Read more
Income earned from services performed in India is taxable One clear rule to remember: if you perform services in India, the income you earn from those services is taxable in India — no matter where the money is paid or where it is received. The location of the performance of work, not the place of … Read more
The rupee fell to 90.01 against the US dollar, reflecting renewed dollar strength and rising pressures on emerging market currencies. The move has drawn attention from exporters, importers, investors and policy watchers who watch currency swings closely for implications across markets and the real economy. What pushed the rupee lower? Stronger dollar: The US dollar … Read more
New aviation idea aims to shrink airports and change regional travel Entrepreneur Deepinder Goyal recently shared the idea behind his new aviation venture, LAT Aerospace. The startup is focused on developing small, energy-efficient aircraft and the supporting infrastructure needed to make flying simpler and more flexible — potentially reducing or even removing the need for … Read more