US President Donald Trump intends to impose reciprocal tariffs on countries like China, Brazil, and India to address trade imbalances and make American industries more competitive. While US tariffs are comparably low, Trump’s statements suggest a tit-for-tat approach that might lead to increased prices in the US.
Rising global cocoa prices have led to a surge in chocolate costs this Valentine’s Day, with chocolate makers like Amul and Smoor Chocolates increasing prices. Companies like Mondelez, Hershey’s, and Nestle are also dealing with unprecedented cocoa cost inflation and may implement further price hikes. Consumers already facing inflation now have to spend more on […]
Sebi has rejected Digvijay Gaekwad’s application to make a competing offer for Religare Enterprises, citing insufficient proof of financial resources and non-compliance with a Supreme Court order. This clears the path for the Burmans, who are the largest shareholders, to gain control of the company.
New Income Tax Bill 2025 explained: The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, introduce a clear tax year, and make legal language more understandable. Changes include streamlined TDS rules and reorganized provisions for salary and exempt incomes.
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday. While BSE Sensex moved up over 300 points, Nifty50 crossed 23,100.
Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff. The projects, set to be completed by 2026, were scrutinized following a political change. Adani deemed the revised tariff unviable but remains open to future collaboration with Sri Lanka.
Stock market recommendations: Vedanta and International Gemmological Institute have been identified as top stock picks by Bajaj Broking Research, with favorable entry points noted.
New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman presented the New Income Tax Bill 2025 in Lok Sabha, aiming to replace the 64-year-old law. The new legislation simplifies language, aligns ‘tax year’ with the financial year, and maintains structural elements and deadlines. Here is the full text of the New Income Tax Bill 2025:
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