India Financial News

retail mall developer and operator Phoenix Mills has announced that its board of directors will be considering the issue of bonus shares for its shareholders in its upcoming board meeting scheduled on July 31. “In furtherance to our letter dated July 24, 2024, regarding intimation of Board Meeting

Team India prepares to kickstart a new era under the head coach Gautam Gambhir, former Indian coach Rahul Dravid, who vacated the job after a dream run at ICC T20 World Cup last month, had a wholesome message for his successor, lauding him for his passion for the sport and making him aware of the challenges he could encounter as a coach.

Read more about other laptopsin the electronicssection on the Top Trending Productspage. Read about the Best HP Laptops in India below. #Budget 2024 with ETBudget Highlights: Your 2-minute guideWhat's cheaper and what's costlier? Here's the listNew slabs announced in new income tax regime 1. HP Pavilion x360, 12th Gen Intel Core i5-1235U Laptop HP Pavilion x360, 12th Gen Intel Core i5-1235U, 14-inch (35.6 cm), FHD, 16GB DDR4, 512GB SSD, Intel Iris Xe graphics, FPR, 5MP camera w/privacy shutter (Win 11, MSO 2021, Silver, 1.51 kg), ek0074TU27% Off₹86,990₹1,19,000Buy Now Equipped with a 12-core, 12-thread 12th Gen Intel Core i5-1235U, the HP Pavilion x360, 12th Gen Intel Core i5-1235U Laptop provides you with powerful and smooth performance for multitasking and demanding applications. It features a

capital gains tax rates is a welcome and logical change by the government. Under the new tax rules, stock investing will now attract a 12.5% Long-term capital gains tax (previously 10%) and 20% Short-term capital gains tax (previously 15%). Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount of capital gains increases. And as Finance Secretary Somnath explains, analysis of the tax base shows that capital gains tax doesn’t really impact the middle class. 88% of the capital gains income is earned by individuals with an income above Rs. 15 Lakh and 62% by those with an income greater than Rs 1 crore. The investing community in India is a minority demographic that benefits from a tax rate much lower than the marginal rate, a standard tax rate for income earned by salaried and other business incomes. Even with the new rates, we’re still much below the marginal tax rate.

companies have fixed their record dates this week for the purpose of determining the eligible shareholders for the payout of their dividends. Out of the lot, 5 are Nifty companies, i.e, Ultratech Cement, Maruti Suzuki, Cipla, Divi’s Laboratories and Hero Motocorp. Other names include companies like Vedanta, Oberoi Realty, Sundaram Finance etc.

Mirae Asset Mutual Fund has announced the withdrawal of the existing temporary suspension on subscription in Mirae Asset Large and Midcap Fund. The fund will resume accepting subscriptions through Systematic Investment Plans (SIP), Systematic Transfer Plans (STP), switch-ins, and lump-sum investments.

Mamata Banerjee on Saturday walked out of the NITI Aayog meeting chaired by Indian Prime Minister Narendra Modi and alleged that her mic was muted while she was speaking.

Donald Trump made another attention-grabbing statement about automatically granting green cards to foreign students. It sounds exciting, but let's examine the reality of this idea.

From failed steel to soul: Vinay Rai’s dubious reset and redemption During a period when Apple was struggling after Steve Jobs' departure and John Sculley's leadership setbacks, Prahalad still regarded the company as a visionary force. He believed that Apple's recovery, which would indeed occur a few years later, would be driven by its core strength: user-friendliness.

South China Sea, escalating fighting in Myanmar, and regional rivalry. Meetings on Saturday will bring together in the same room allies of the Association of Southeast Asian Nations — including the United States, China, Russia, Japan, India and Australia — to bolster their relationships and discuss key security issues and other regional affairs.

Budget week has not sparked any significant excitement in the market as the government measures were both populist and prudent. The increase in short- and long-term capital gains taxes added to the volatility. During the week, as many as 132 smallcap stocks delivered double digit weekly returns with eight of them offering over 25% returns.

UAE-India CEPA entered into force in 2022, trade between the two countries has grown remarkably by 16.41 percent with total trade growing from $72.87 billion in 2021-2022 to $84.84 billion in 2022-2023, according to UAE Minister of Economy Abdulla Bin Touq Al Marri who was recently in Chennai. In a wide-ranging interview with ET’s Dipanjan Roy Chaudhury, Al Marri mentioned that CEPA has strengthened collaboration to promote startups through exchange of best practices between accelerators, incubators, and other such ecosystem stakeholders

Ravi Shastri backed newly-appointed T20I captain Suryakumar Yadav to do well for the team and pointed out one major area that he must work on to earn success as a skipper.

PV Sindhu and seasoned table tennis star Sharath Kamal as the flagbearers, the group of 78 India athletes and officials arrived in the Parade of Nations at the River Seine in the opening ceremony of the Paris Olympics 2024 on Friday.

Vijay Mallya from accessing the securities market for three years for routing funds to the Indian capital markets by using his overseas bank accounts with UBS. The regulator has also restrained Mallya from associating with any listed company directly to indirectly for three years.

India's state-run companies scouting the globe for long-term energy supplies are waking up to the power of joint negotiation. Public sector oil refiners will increasingly team up to negotiate oil and gas supplies from abroad, two people aware of the plans said, in a departure from the existing practice of negotiating separately. The joint negotiations are expected to improve their bargaining power, and ensure that they don't compete against each other for the same contracts and drive up prices.

Sportstar. The bigger concern for Chopra has been the niggling adductor injury that has hampered him since last season. It had flared up again this year and the Indian decided to skip the Ostrava Golden Spike event, which was held on 26 May.

bipartisan support for closer relations with the South Asian nation to counter an assertive China.

National Company Law Tribunal (NCLT) has listed Walt Disney-owned Star India and Reliance Industries (RIL)-promoted Viacom18's merger application for hearing and final disposal on August 1.