Volatile global markets and a strengthening U.S. dollar have pushed foreign institutional investors to step back from many emerging markets, forex traders said. At the same time, local investors have shown a preference for value buying, picking up stocks seen as oversold during the pullback. What drove the foreign outflows? Two main forces are at … Read more
Indian Hotels Company has bought a controlling stake in Brij Hospitality, the operator of Brij Hotels, acquiring 51% for ₹193 crore. The deal strengthens the company’s presence in the hotel sector and gives it majority control of Brij Hospitality’s operations and strategy. Deal details at a glance Buyer: Indian Hotels Company (IHCL) Target: Brij Hospitality … Read more
Missing an income disclosure after a December filing deadline can feel stressful, but an updated return may give you a second chance. There are important limits and consequences to know before you act: the option often exists only if the amendment increases the tax due, and penalties and interest can grow quickly the longer you … Read more
The Supreme Court has set aside the Delhi High Court’s August 2024 judgment that had quashed a tax demand and ruled in favour of Tiger Global. The top court’s intervention effectively revives the tax demand and reopens the legal chapter between the investor and the tax authorities. Background: the Delhi High Court ruling In August … Read more
After two days of losses, the 30-share BSE Sensex climbed 187.64 points, or 0.23%, to settle at 83,570.35. The modest rebound offered relief to investors after a short stint of weakness, while markets continued to weigh domestic and global cues. Market snapshot Index: 30-share BSE Sensex Close: 83,570.35 Change: +187.64 points (+0.23%) Prior trend: Two … Read more
Rupee slips after India’s trade gap widens in December 2025 The Indian rupee weakened as traders reacted to a wider trade deficit for December 2025. The gap between imports and exports rose to $25.04 billion, up from $24.53 billion in November and $22 billion in December 2024. Market participants said the larger deficit put fresh … Read more
Transitions that involve moving money or closing accounts—whether selling a business, retiring, relocating abroad or settling an estate—carry hidden tax risks and penalties if handled carelessly. A smooth move depends on clear paperwork, thoughtful liquidation of assets and timely payments. Below are practical steps to reduce surprises and protect your finances. Start with a clear … Read more
Four information technology firms reported a steep double-digit fall in profits for the December quarter, according to their stock exchange filings. Management teams pointed to the implementation of new labour codes as the primary reason for the drop, saying the rules raised costs and changed workforce arrangements during the reporting period. How the decline was … Read more
MCX commodities trading paused in morning, resumed in evening on January 15 Commodities trading on the Multi Commodity Exchange (MCX) was halted during the morning session on January 15 as civic elections took place in Maharashtra. Trading later resumed in the evening session, allowing market activity to continue after the temporary suspension. Timeline of the … Read more
How a luxury retailer is using real‑estate rights to stay open during bankruptcy A major luxury retailer has turned to its real‑estate portfolio as a lifeline while navigating bankruptcy. Rather than closing stores immediately, the company is leaning on lease and property rights to preserve cash, maintain customer access and protect the value of its … Read more