Income Tax Dept withdraws money for startups in the name of angel tax.

What came as a major blow for startups, the Income Tax department has taken money from bank accounts of many startups in lieu of angel tax. Just at the... Read more »

Trumps speech shakes the Asia-Pacific markets.

Asian shares were dim on Wednesday after US President Donald Trump’s State of the Union speech failed to give markets fresh trading a boost, while the Australian dollar fell... Read more »

Wall Street stocks drop low after U.S trade news.

Wall Street stocks gone down by more than 1 percent on Thursday. There are concerns that the United States and China would not be able to settle on a... Read more »

Tata Motors announces net loss of Rs 26,961 cr for Q3.

Tata Motors have reported a net loss of Rs 26,961 crore for the quarter ended December 2018 hugely affected by an exceptional item of asset impairment of Rs 27,838... Read more »

Rbi cuts repo rate by 25 basis points, markets upbeat

On February 7, the Reserve Bank of India (RBI) lowered the repo rate by 0.25 percentage points to 6.25 percent. The repo rate is the rate at which banks... Read more »

NBFCs to face margin contraction, growth moderation.

India Ratings and Research (Ind-Ra) has reportedly maintained a firm outlook on the retail NBFC sector and an unsteady one for wholesale NBFCs. This is specifically for lenders to... Read more »

Amazon pantry returns back to shelves

Amazon.com Inc’s grocery service will soon be back on its India website. This news came after the online retail giant faced disruption from revised e-commerce curbs which occurred in on Feb. 1. As per new federal rules,... Read more »

Emerging markets’ currencies dip low

The US with its strong dollar, rising oil prices and steady U.S. Treasury yields is holding on to recent gains. It however, put pressure on emerging markets on Monday,... Read more »

Oil prices fall, supply however maintains its grip.

Crude oil prices fell low on Monday after gains during the previous session. There were expectations of shrinking supply and signs that China-U.S. trade tensions would ease. That could... Read more »

Mutual Funds CEOs summoned by SEBI, row over Zee

Markets regulator Sebi or Securities and Exchange Board of India has allegedly summoned the chief executive officers of four mutual fund institutions and one credit ratings agency over the... Read more »