Economy News

Investments in India by Swiss companies such as engineering group ABB and transport company Kuehne+Nagel are increasing, with a $100 billion regional trade deal expected to further open the country to companies long focused on China. India’s appeal already reflects a broader shift among companies in Europe eager to balance the costs of the US-China…

Union Finance Minister Nirmala Sitharaman. File | Photo credit: ANI Finance Minister Nirmala Sitharaman stated that India would not have been the fastest growing economy if its people had not leveraged digital infrastructure. Also read: India at the forefront of the digital revolution: RBI report The minister highlighted the role of digital infrastructure in making…

There is a fundamental difference between financial investment products and other conventional products that we consume. Investing does not have a ‘product’ with a look and feel. You sacrifice your current consumption and expect to get a higher amount back in the future. An investment product is created by a manufacturer through the brochure/other literature,…

Mumbai: Japanese brokerage Nomura on Monday said the Indian economy has entered a phase of “cyclical slowdown” and the Reserve Bank’s estimate of 7.2 per cent GDP growth is “overly optimistic”. The broker said it sees “increasing downside risks” to its GDP growth estimates of 6.7 percent in current FY25 and 6.8 percent in FY2026….

I plan to opt for the new tax regime while filing my ITR for AY 2025-26. I am currently under the old tax regime, so the 12% of my salary to the Employee Provident Fund (EPF) will continue for the rest of the financial year. Is it true that I cannot claim tax exemption on…

The high valuations of Indian equities have led to a shift in investments to China, where valuations are currently more attractive. File | Photo credit: The Hindu Foreign investors pulled out as much as ₹94,000 crore (about $11.2 billion) from the Indian stock market in October, making it the worst month on record in terms…

PIB fact check: The government’s Press Information Bureau (PIB) has warned unsuspecting customers to be aware of an ‘SBI Rewards’ scam being used by fraudsters. In a post on social media platform PIB warns against scams PIB in the statement warned users on “PIB Fact Check: SBI NEVER sends links or APK files via SMS…

Indian equity markets are looking forward to a potentially resilient yet volatile Vikram Samvat 2081, after strong performance in Samvat 2080. Over the past year, the BSE Sensex and NSE Nifty delivered robust returns of nearly 23% and 24% respectively, marking record highs. despite global uncertainties. As the new financial year progresses, factors such as…

If you are an active investor and often make profits on the sale of your securities, bonds or investment funds, you should consider the tax rate that applies to these transactions. The profits arising from the sale of assets are taxed under the so-called capital gains tax regime. This can be ‘short term’ or ‘long…

HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC and Tata Consumer Products Ltd (TCPL) have expressed concern over the suppression of urban consumption. Representative file image. | Photo credit: M. Karunakaran Leading FMCG companies reported a decline in margins in the September quarter due to higher input costs and food inflation, which ultimately slowed the…