A recent study by the Reserve Bank of India (RBI) has highlighted the effectiveness of India’s foreign exchange (forex) interventions in managing volatility in capital flows. The study, which examines the role of forex interventions in stabilizing the Indian rupee…
A Significant Shift in Tax Legislation The Indian government is reportedly considering introducing a new Income Tax bill during the upcoming Budget session. This development could mark a significant shift in the country’s tax framework. According to sources, this will…
Wipro Limited, one of India’s leading IT services companies, has reported an outstanding performance for the third quarter (Q3) of the fiscal year, posting a remarkable 24.4% increase in its net profit. The company’s net profit surged to ₹3,354 crore,…
Prime Minister Narendra Modi recently inaugurated the much-anticipated Bharat Mobility Global Expo 2025, a milestone event for India’s automotive industry that is garnering international attention. During the inauguration, PM Modi lauded the advancements in India’s automotive sector, highlighting its potential…
In a major move toward embracing electric mobility, Maruti Suzuki has officially unveiled its first electric SUV, the eVITARA, marking a significant milestone in the company’s journey towards sustainable automotive solutions. The eVITARA is poised to revolutionize the electric vehicle…
Infosys, one of India’s largest IT services companies, has announced its financial results for the third quarter (Q3) of the fiscal year 2025, demonstrating resilience despite the global economic challenges. The company’s performance continues to reflect its strategic investments in…
Reliance Industries Limited (RIL), one of India’s largest conglomerates, announced its financial results for the third quarter (Q3) of the fiscal year. The company’s performance during this period reflects its diversified operations spanning energy, retail, telecommunications, and more. Here’s a…
In a significant move impacting millions of central government employees and pensioners across the country, Prime Minister Narendra Modi has approved the formation of the 8th Pay Commission. The announcement was made by Union Minister Ashwini Vaishnaw during a press…
India’s wholesale price inflation has seen a modest rise, reaching 2.37% in December, up from the previous month’s rate. This increase, although moderate, has drawn significant attention, especially as the country braces for the Reserve Bank of India’s (RBI) upcoming…
India’s net direct tax collections have experienced a slight slowdown in January, with the growth rate registering a marginal dip, touching 15.88%. According to the Central Board of Direct Taxes (CBDT) data, the gross tax receipts for the period have…
