Everything a finance person must know - re-brewed every 10 minutes
Qualcomm shares draw market attention as quarterly financial results and future projections emerge alongside worries about artificial intelligence expenses. The firm faces growth hurdles due to heavy reliance on handset chips, Apple developing its own cellular modem technology, and sluggish demand for Android devices.
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An upcoming debt-ceiling showdown in Washington might flip traditional political roles and let Democrats push for spending concessions. This scenario creates risks of market volatility and a potentially damaging default.
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Sunday PropTech Ltd has purchased an 89-room hotel in Rajarhat, marking its first entry into Kolkata. The property will operate under the mid-premium Clubhouse brand to target business travelers near the airport.
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United States stock indices rallied sharply following the midterm election results. The Dow Jones Industrial Average surged by more than 1,000 points while the S&P 500 rose 1.2 percent in early trading.
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The appellate tribunal has allowed an appeal involving an alleged over-debiting of a SIL license. The authority ruled that invocations of specific regulations were completely unjustified because the appellant's role as a Customs Broker was not established.
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The appellate tribunal granted a Goods and Services Tax refund of ₹77,188 for a deemed export. It ruled that authorities cannot reject a refund based solely on an unsupported claim of duplication when recipient declarations prove compliance with Rule 89(1) of the Central Goods and Services Tax Rules.
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Minister Pralhad Joshi announced that global chief executive officers have committed $400 billion to India's clean energy sector. The government will now thoroughly examine these incoming investment proposals.
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Mumbai International Airport Ltd proposes shifting all flights on 14 international routes to Navi Mumbai. Foreign airlines are resisting the plan, citing concerns over connectivity, competition, and unilateral capacity cuts.
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The Securities and Exchange Board of India has relaxed Know Your Customer norms for Non-Resident Indians. The changes permit digital onboarding from overseas locations and make compliance records fully portable.
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The Securities and Exchange Board of India implements streamlined verification procedures for overseas participants. These modifications aim to facilitate smoother entry into domestic financial exchanges for international market participants.
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The Central Board of Direct Taxes issues Notification 140/2026 to rectify the English version of Notification 24/2019. The update corrects the tax exemption period for the specified entity to assessment years 2020-21 through 2024-25.
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The capital markets regulator has established an expert committee to examine the existing framework for innovation-focused startup listings. This panel will evaluate rules surrounding public capital mobilization, investor qualifications, and overall regulatory compliance requirements.
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