Budget’s changes will help outbound funds set up in IFSC raising money from resident investors. But the changes could have a negative effect on NAVs of offshore FPIs
While F&O trading is attracting the attention of worried regulators, a sharp jump in the number of traders, with a high share of youth, in intraday cash market trading points to risks in a relatively unnoticed corner of the market
Smaller banks are struggling to stay afloat for different reasons. Many have shut shop, others remain as zombie banks.
Lowering duties ahead of the festival season will help improve demand, benefiting all stakeholders. For digital gold, lowering LTCG on gold funds or gold exchange-traded funds (ETFs) aims to realign the tax structure of various asset classes
Mankind Pharma is acquiring BSV at an enterprise value of Rs 13,630 crore. The last major acquisition it did was for Rs 1,872 crore.
The 8:1 judgement not just delivers closure to a long festering conflict, it can ease the fiscal landscape of most mineral-rich states that are among India’s poorer ones. But fragmentation in mineral taxation is the risk Gopal Mundhra
Special schemes have beefed up bank credit to MSMEs in the past
Regulatory data on proliferation of financial instruments to different income segments counters the claim that capital gains affects only the wealthy. Indexation benefits are determined by geography which makes a cookie cutter approach irrelevant. Tax payers need to be given a choice of method
The Economic Survey has said that deploying capital-intensive and energy-intensive AI is probably one of the last things a growing, lower-middle-income economy like India needs. But disruption by AI is inevitable—What needs to be done is to prepare for it immediately if the country is not to be left behind
Perhaps the most important climate-related provision in the Budget was the assurance to create a taxonomy for climate finance. By defining and categorising investments based on their impact on mitigating climate change, this opens up a host of activities and projects to potential funding from green capital
Margin contraction and signals of increasing stress haven’t dampened the lender’s outlook
Procurement manuals play a big role, they are supposed to provide a right choice architecture and a public policy communication tool. It is time for some manuals to ‘shed their weight’ and adopt a simple, trimmer and leaner outlook
After two successive years of reduction in the effective tax rate, Indian companies faced an increase in FY22 with the ETR rising to 23.3 percent from 22.2 percent a year ago
An investing class left for dead after early excesses and poor performance shows signs of life
A pandemic story
Since 1948, Congress has periodically enacted bans aimed at the Rashtriya Swayamsevak Sangh (RSS), with the intention to challenge the organization's influence within India
About two-thirds of the FDI flows have come into infrastructure construction and the next largest share has been taken by renewables
The problem with SEBI's recent study lies in the numbers themselves. According to the report, 51.1 percent of traders have an annual volume of less than Rs 50,000. Around 57 percent of traders have taken fewer than 10 trades in a year, and about half of the sample size has a trade size of less than Rs 5,000.
India needs to put in place a holistic policy for SMEs
TCS and LTIMindtree are projected to lead FY25 revenue growth rates. But Infosys is fast gaining momentum
The focus on fiscal discipline could boost the case for a sovereign rating upgrade. Robust economic growth, strong earnings growth, and sticky domestic investor base are supportive factors for Indian equities. Outlook for government bonds remains bright as well
Budget has set the ball rolling on new policy pitches that take cognisance of new areas that may require support to ensure resilient, sustainable and more equitable growth
The Union Budget 2024 did not provide a road map for attracting private-sector investments but the focus on skilling programme and creation of 1,000 Industrial Training Institutes will aid the infrastructure sector, as skilled labourers will be available locally.
Invariably, not all stakeholders will be satisfied to the fullest extent. But it speaks volumes when the government is able to offer something to everyone even as it maintains the path of fiscal prudence
Duty exemption on some cancer medicines will make treatment more accessible. In future, budget needs to consider higher healthcare allocations
