Business

This is a representative image MUMBAI: National Securities Depository’s (NSDL’s) Rs 4,000-crore IPO will run from July 30 to Aug 1 with the issue scheduled to open for anchor investors on July 29. The shares are proposed to be listed on the BSE.The IPO of NSDL, India’s oldest and largest depository, comprises a pure offer…

The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill, 2025, which aims to replace the six-decade-old direct tax legislation, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal said on Thursday.Speaking at the 166th Income Tax Day event in the capital, Agarwal said the…

Even as benchmark indices have struggled since the September 2024 selloff, a clutch of little-known microcap and penny stocks have delivered blockbuster returns, with at least 50 companies gaining over 200%—and some surging by as much as 5,500%, according to an Economic Times report.Leading the list is RRP Semiconductor, a Maharashtra-based firm whose shares skyrocketed…

A landmark trade deal between the US and Japan has set a new benchmark for global tariff negotiations, as economists say the 15% cap agreed for auto and goods tariffs could become the new normal in ongoing trade talks with other key US partners.Under the agreement, tariffs on Japanese auto imports to the US will…

8th Pay Commission news: As the central government has begun consultations with key stakeholders, including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and state governments, as part of the process to constitute the 8th Central Pay Commission (CPC) to revise pay structures for nearly 50 lakh central government employees…

India’s top IT firms are witnessing weak demand across key verticals such as manufacturing, consumer, communications and life sciences, which together account for 40–70% of revenues for several large players, as clients cut discretionary spending and defer projects amid global economic and policy headwinds.According to analysts, these sectors—once seen as growth engines diversifying revenue away…

NEW DELHI : Scotch prices — including brands like Glenlivet, Black Label, Glenmorangie, and Chivas Regal — won’t drop just yet, despite the India-UK trade deal halving the steep 150% import duty. The agreement still awaits ratification by the UK Parliament before the changes come into effect.Even when they come down, the reduction in prices…

Key labour-intensive sectors—marine, textiles, chemicals, base metals—will now enjoy zero duties, down from rates as high as 20%. (AI image) India-UK trade deal: The India-UK trade deal is being seen as a historic milestone in the trade relations between the two countries. The most significant number that jumps out is – 99% of India’s exports…

Indian industry leaders on Thursday welcomed the signing of the India-UK free trade agreement (FTA) as a “transformational milestone” for bilateral economic relations, praising its potential to expand exports, boost investment, and catalyse joint ventures across multiple growth sectors.Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises and Co-Chair of the India-UK CEO Forum, said…

The Centre will issue a new regulation next week to improve oversight and transparency in India’s vegetable oil sector, Food Secretary Sanjeev Chopra said on Thursday.The new framework, titled the 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, will replace the existing 2011 order, PTI reported. It introduces mandatory digital reporting of edible…