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'Ramayana' star Rakul Preet Singh denies IT raid claims, calls reports false and malicious
Business · Finance

'Ramayana' star Rakul Preet Singh denies IT raid claims, calls reports false and malicious

Rakul Preet Singh has clarified reports linking her to recent Income Tax searches in Mumbai, stating that “the search was not pertaining to me.” In a statement shared on her X handle, the actor denied involvement in illegal foreign remittances and said she does not own any benami property. The Income Tax Department…

Source: The Times of India
Business · Finance

Tax-free bonds for infrastructure, large investors

Source: The Hindu
5 global market themes investors need to watch this week
Business · Finance

5 global market themes investors need to watch this week

Global markets face a volatile week as elevated borrowing costs, oil above $100 a barrel and tighter monetary policy weigh on sentiment. Investors will watch France’s fiscal crisis, euro weakness, Brazil’s election, Federal Reserve minutes and Japan’s corporate outlook for signals on inflation, growth, currencies and…

Source: The Economic Times
'Paying Taxes Since I Was 20': Rakul Preet Singh Slams 'Malicious' Reports Of IT Searches Over Fund Irregularities
Business · Finance

'Paying Taxes Since I Was 20': Rakul Preet Singh Slams 'Malicious' Reports Of IT Searches Over Fund Irregularities

Rakul wrote, "I am not involved in any kind of illegal Foriegn remittance in personal capacity or on behalf of any Production house"

Source: NDTV
Business · Finance

Taxpayer wins Rs 85.3L unexplained cash gift case

Source: The Economic Times
Two boards, one listing battle: Inside Tata Sons’ directors RBI board link
Business · Finance

Two boards, one listing battle: Inside Tata Sons’ directors RBI board link

Source: The Indian Express
RBI may end rate-cut cycle with first hike since February 2023
Business · Finance

RBI may end rate-cut cycle with first hike since February 2023

Bankers expect the Reserve Bank of India to raise the repo rate by 25 basis points soon. This marks the end of the rate-cutting phase that began in February 2025. Economists predict inflation will exceed the RBI’s forecasts, necessitating tightening. Experts anticipate resilient growth will provide the RBI room to act…

Source: The Times of India
India in striking distance of 8% growth, says Shaktikanta Das
Business · Finance

India in striking distance of 8% growth, says Shaktikanta Das

India is expected to achieve close to 8% economic growth, aided by recent reforms and increased investment. The resilience of the economy is attributed to strategies implemented over the past decade and strong domestic demand. Former RBI governor Shaktikanta Das emphasized the significance of the financial sector and…

Source: The Times of India
Faster registration, easier refunds: Reform rollout with GST 2.0
Business · Finance

Faster registration, easier refunds: Reform rollout with GST 2.0

GST Council plans to unveil substantial reforms aimed at improving business processes and facilitating growth. The proposed changes involve streamlined registration, easier refunds, and a more efficient input tax credit system. Decriminalisation measures are also proposed to alleviate issues for businesses with minor…

Source: The Times of India
Christa Pike's prognosis still unclear after failed execution, lawyer says
Business · Finance

Christa Pike's prognosis still unclear after failed execution, lawyer says

Pike's lawyer says doctors are still trying to clear two lethal doses of pentobarbital from her body.

Source: BBC News
AI's race to transform the world before the money runs out
Business · Finance

AI's race to transform the world before the money runs out

Cumulative spending globally on data centers alone could top $30 trillion by 2050, according to a projection by PwC, almost matching the value of outstanding US Treasuries. It "dwarfs" what was spent in the railroad or dotcom booms, even after adjusting for inflation, PwC said.

Source: The Economic Times
Experts’ poll: RBI may hike rates by 0.25% in October policy amid inflationary pressures
Business · Finance

Experts’ poll: RBI may hike rates by 0.25% in October policy amid inflationary pressures

The last repo rate hike was in February 2023, when the RBI raised the rate by 0.25% to 6.50%

Source: The Hindu