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India’s Industrial & Logistics Sector Reaches Record Leasing High in H1 2025; E-commerce Leads Growth

India’s Industrial & Logistics Sector Reaches Record Leasing High in H1 2025; E-commerce Leads Growth

29-07-2025  comments

New Delhi — India’s industrial and logistics (I&L) sector has achieved a new leasing milestone in the first half of 2025 (January–June), with total leasing activity rising 63% year-on-year to 27.1 million square feet across the top eight cities, according…

No Changes in Tax Rates in Income Tax Bill 2025: Clarifies IT Department

No Changes in Tax Rates in Income Tax Bill 2025: Clarifies IT Department

29-07-2025  comments

New Delhi – The Income Tax Department on Tuesday clarified that the proposed Income Tax Bill 2025 does not include any changes to existing tax rates. The primary goal of the bill is to simplify the language and remove outdated or redundant provisions…

TCS Shares Decline After Announcement of 12,200 Job Cuts

TCS Shares Decline After Announcement of 12,200 Job Cuts

28-07-2025  comments

New Delhi: Shares of Tata Consultancy Services (TCS) traded lower on Monday after the company announced plans to lay off approximately 12,200 employees during the financial year 2025–26.

TCS shares fell by 1.7%, hitting an intraday low of ?3,081…

Centre Clarifies: No GST Planned on UPI Transactions Above ?2,000

Centre Clarifies: No GST Planned on UPI Transactions Above ?2,000

27-07-2025  comments

New Delhi – The Central Government has confirmed that there is no plan to impose Goods and Services Tax (GST) on UPI transactions exceeding ?2,000.

Responding to concerns raised in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary…

RBI Approves One-Month Extension for IndusInd Bank’s Interim Executive Committee

RBI Approves One-Month Extension for IndusInd Bank’s Interim Executive Committee

26-07-2025  comments

New Delhi — The Reserve Bank of India (RBI) has approved a one-month extension for IndusInd Bank’s interim executive committee, allowing it to continue functioning until August 28 or until the appointment of a new Managing Director and Chief Executive…

US Dollar May Lose Its Dominance as Sole Global Anchor; Indian Rupee Shows Strength

US Dollar May Lose Its Dominance as Sole Global Anchor; Indian Rupee Shows Strength

25-07-2025  comments

New Delhi – Global currency markets are witnessing a major shift as the US dollar comes under sustained pressure, driven by ongoing uncertainty over US interest rates and the potential reintroduction of trade tariffs, according to a report released…

India, Maldives Sign Multiple MoUs During PM Modi's Visit; Agree on Free Trade Agreement Framework

India, Maldives Sign Multiple MoUs During PM Modi's Visit; Agree on Free Trade Agreement Framework

25-07-2025  comments

Male – Prime Minister Narendra Modi held extensive talks with Maldivian President Mohamed Muizzu in Male on Friday, as both leaders reviewed the full spectrum of India-Maldives ties and reaffirmed their commitment to deepening the bilateral partnership.

IndusInd Bank to Raise ?30,000 Crore via Debt-Equity Mix to Rebuild Confidence After Accounting Lapse

IndusInd Bank to Raise ?30,000 Crore via Debt-Equity Mix to Rebuild Confidence After Accounting Lapse

24-07-2025  comments

Mumbai – IndusInd Bank, backed by the Hinduja family, has announced plans to raise up to ?30,000 crore through a combination of debt and equity instruments. The decision was approved by the bank’s Board of Directors on Wednesday as part of efforts…

Indian Investors Favour Hybrid Mutual Funds; Net Inflows Rise to Rs. 23,223 Crore in June

Indian Investors Favour Hybrid Mutual Funds; Net Inflows Rise to Rs. 23,223 Crore in June

23-07-2025  comments

New Delhi – Indian mutual funds saw strong investor interest in June 2025, with hybrid schemes emerging as the most preferred option amid market volatility, according to a report released on Wednesday.

The mutual fund industry’s total Assets…

India Projected to Grow 6.6% in FY26 Despite Global Economic Uncertainty

India Projected to Grow 6.6% in FY26 Despite Global Economic Uncertainty

22-07-2025  comments

New Delhi: India’s economy is expected to grow by 6.6% in FY26, close to its long-term trend, driven by stronger consumption demand supported by recent monetary easing, income tax cuts, favorable monsoon conditions, and the continued possibility of…

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