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Markets regulator Sebi on Monday proposed increasing the maximum number of ISINs, the unique identification numbers for securities, that can mature in a financial year for privately placed debt securities to 17 from the existing 14, in a move aimed at easing liquidity and refinancing pressures for NBFCs and large corporates. Under the proposal, the…
On 5 August, the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.25%. The last rate cut came in December 2025, when the central bank reduced the repo rate by 25 basis points to 5.25%. But does a stable repo rate mean your home loan EMI will remain unchanged in 2026? Not…
Filed ITR for AY 2026-27 and received an income tax notice? Wait before you act, as it could be a scam. The Income Tax Department provides an ‘Authenticate Notice/Order’ facility on its e-filing portal, allowing taxpayers to check whether a notice, order or other communication was genuinely issued by them. Taxpayers can verify the authenticity…
UPI users have little reason to panic over viral claims that everyday digital payments will soon become chargeable. A recent amendment to the Payment and Settlement Systems Act (PSS Act) has triggered debate, with some social media posts suggesting that users could soon have to pay for sending money through UPI. In a post on…
Adani Group’s record infrastructure spending is spilling over into Dalal Street, driving larger order books and sharp stock gains for a group of contractors, manufacturers and power technology suppliers tied to the ports-to-power conglomerate’s expansion. Shares of Hitachi Energy India have climbed 197% over two years, while Cemindia Projects and GE Vernova T&D India have…
Titan Co has returned to investors’ radar in 2026 after nearly two years of weak stock returns, with the Rakesh Jhunjhunwala-linked marquee holding adding nearly Rs 80,000 crore in market value this year. The rally has been driven by a mix of factors including steady jewellery demand, stable gold prices, market share gains by organised…
The five oil supermajors- Exxon Mobil, Chevron, BP, Shell, and TotalEnergies- made a combined $48 billion profit between April and June, helped by higher fossil fuel prices amid hostilities between the US and Iran, following which oil prices went flying to over $100 per barrel. The companies also generated nearly $90 billion in cash during…
The capital gains tax regime introduced after the Union Budget 2024 has brought a more uniform tax structure for several asset classes, with long-term capital gains (LTCG) generally taxed at 12.5%, while short-term capital gains (STCG) continue to vary depending on the type of investment and whether securities transaction tax (STT) applies. For equity mutual…
Are you aiming to cancel your credit card? Are you aware of the procedure to accomplish it successfully? Have you carefully checked the total outstanding amount on your credit card account? Having clarity on these aspects is essential to ensure that your credit card closure experience remains smooth and unwanted payments or interest charges are…
Are you an Indian student studying in the US, or planning to pursue higher education there? If you are also looking to invest in stocks in India or the US, it is important to understand how the tax and foreign exchange rules apply to you. Indian students studying in the US can invest in both…