Budget 2026 Seeks Less Adversarial Tax Regime

The FY27 Union Budget introduces measures to make India's tax system more predictable and less confrontational. Key changes include extended return revision deadlines, simplified assessment procedures, and relaxed safe harbour norms for multinationals.

Ather Energy Q3 Revenue Soars 53%, Losses Halve

Ather Energy reported a 53% surge in Q3 revenue to ₹996 crore, with losses halving to ₹85 crore. Despite GST cuts impacting EV penetration, the company expanded to 600 stores and improved margins significantly.

Alipay+ May Enter India via UPI Cross-Border Link

Exclusive Reuters report reveals Indian government and RBI in talks with Ant International to integrate Alipay+ with UPI for easier cross-border payments for Indian tourists abroad.

Silver Drops 36% from Record High, Gold Falls

Silver prices have fallen for three consecutive days, dropping to Rs 2.6 lakh/kg, while gold declined to Rs 1.52 lakh/10g. The precious metal has lost nearly 36% from its all-time high recorded in late January.

Rupee Gains Most in 6 Weeks Post-Budget

The Indian rupee surged against the US dollar, marking its highest single-day gain in six weeks following the Union Budget announcement, driven by positive market sentiment and fiscal measures.

Gold, Silver Prices Swing Wildly on MCX Amid Global Volatility

Gold and silver prices on MCX witnessed dramatic intraday swings on Monday, with gold recovering all losses and silver erasing most declines. Analysts cite Fed policy expectations, CME margin hikes, and Chinese speculation as key drivers behind the volati

Ford, Xiaomi Deny EV Partnership Rumors

Ford Motor Company and Chinese tech giant Xiaomi have strongly denied reports of a potential joint venture to manufacture electric vehicles in the United States, calling the claims completely false.

Wall Street Subdued, Tech Stocks Pressure Market

US stock indices opened lower on Monday with tech stocks like Nvidia dragging down markets. Gold and silver prices recovered some losses while oil tumbled. Investors eye Fed chair nomination and corporate earnings.

Markets Rebound After Budget Day Slump, Nifty Up 1.06%

Indian stock markets staged a surprising recovery on Monday with Nifty gaining 1.06% and Sensex rising 1.17% after Sunday's budget-driven selloff. Analysts remain cautious about near-term prospects despite the rebound.

Silver Slides for 3rd Day, Gold Drops in India

Silver prices in India have fallen for the third straight day, reaching Rs 2.6 lakh per kg, while gold has dropped to Rs 1.52 lakh per 10 grams, reflecting ongoing market volatility.

Oracle Stock Dips 3% After $50B Fundraising News

Oracle shares dropped approximately 3% after announcing plans to raise up to $50 billion through debt and equity sales to expand cloud infrastructure for major AI clients like Nvidia and OpenAI.

LIC FPO Planned for Next Fiscal Year

The Indian government is considering a follow-on public offering for LIC in the next financial year to meet minimum public shareholding norms, with DIPAM evaluating the roadmap.

Hyundai India Profit Rises on Rural Sales, Exports & SUVs

Hyundai Motor India Ltd posts 6% profit growth to ₹1,234 crore in Q3, driven by strong rural sales, rising exports and higher SUV demand. The company expects continued momentum with 80,000+ bookings for upgraded Venue SUV.

Premji Invest Buys 23% Stake in Bharat Forge Unit for ₹300 Cr

Premji Invest, the family office of Wipro founder Azim Premji, will acquire a 23% stake in JS Auto Cast Foundry India, a Bharat Forge subsidiary, for ₹300 crore. The investment aims to boost casting capacity and explore acquisitions in the ferrous casting

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