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IndiGo faces a tax penalty of Rs 944 crore and describes the ruling as "frivolous and erroneous."
IndiGo claims that the Chennai Joint Commissioner assessed an additional fine of Rs 2.84 crore, while the Assessment Unit of the Income...

Money Bhai
Mar 302 min read


Following pressure from US tariffs on Venezuelan crude, oil records its third weekly gain; in March, Brent and WTI both rose 6-7%.
Oil prices rose for a third straight week after Washington increased pressure on OPEC members Venezuela and Iran, but they dipped on...

Money Bhai
Mar 292 min read


The Cabinet authorizes the PLI project for the production of electronic components at a cost of Rs 22,919 crore.
According to Union Electronics and IT Minister Ashwini Vaishnaw, the Union Cabinet approved a production-linked incentive plan for...

Money Bhai
Mar 281 min read


Next week, the RBI will meet with bankers to talk about the new liquidity model.
According to persons familiar with the situation, the central bank of India is scheduled to meet with lenders next week to talk about...

Money Bhai
Mar 271 min read


According to Crisil Ratings, the IT sector is expected to increase by single digits for the third consecutive year in FY26.
According to Crisil Ratings, the information technology (IT) services sector in India is anticipated to grow at a modest rate of 6–8% in...

Money Bhai
Mar 271 min read


8th Pay Commission: An explanation of the fitment factor hype, anticipated pay increase, and CPC creation schedule
The clock is ticking down to the Center's final statement about the formation of the 8th Pay Commission. Earlier this year, on January...

Money Bhai
Mar 271 min read


It's possible that PwC's initial findings about IndusInd Bank called for a forensic audit.
The lender reportedly ordered a forensic audit as a consequence of a PwC investigation to determine the degree of the impact on IndusInd...

Money Bhai
Mar 271 min read


Private banks are disproportionately affected as consumption lending declines in December 2024, slowing the development of retail credit in India.
With the most recent TransUnion CIBIL Credit Market Indicator (CMI) indicating a drop in credit supply and demand, India's retail credit...

Money Bhai
Mar 271 min read


In a significant overhaul, the Trump administration intends to eliminate 10,000 health department jobs: Report
10,000 full-time employees in departments in charge of responding to disease outbreaks, authorizing new drugs, and offering insurance to...

Money Bhai
Mar 271 min read


In H1 FY26, the center will borrow Rs 8 lakh crore, and through green bonds, Rs 10,000 crore.
The Center's fiscal deficit, estimated at 4.4 percent of GDP for 2025–2026, will be partially financed by the borrowing. Between April...

Money Bhai
Mar 271 min read


Fedspeak is in focus as US equities surge on expectations of targeted tariffs.
Reports suggesting that planned U.S. trade penalties will be less severe and more limited than first anticipated helped allay some fears...

Money Bhai
Mar 241 min read


The SEBI board has approved raising the FPI disclosure threshold to Rs 50,000 crore.
According to SEBI, trading volumes in the cash equity market have more than doubled between FY23 (when the limitations were introduced)...

Money Bhai
Mar 241 min read


With US tariffs on the horizon, China says it is ready for shocks.
Li's remarks coincide with China stepping up its attempts to draw in international companies after inbound investment fell to its lowest...

Money Bhai
Mar 231 min read


US stocks retreat on weak corporate results; FedEx cuts outlook
As investors assessed the potential for future Federal Reserve policies, U.S. stocks declined on Friday due to weak corporate earnings....

Money Bhai
Mar 211 min read


US stock futures are quiet as markets consider tariffs and digest rates.
Thursday night saw minimal movement in U.S. stock index futures as investors mostly remained cautious about higher interest rates for...

Money Bhai
Mar 211 min read


After Accenture raised its full-year sales guidance to 5-7% on the AI boom, Infosys and Wipro ADRs fell more than 3% on the NYSE.
After Accenture revealed its second-quarter earnings results and raised its full-year revenue guidance to a range of 5-7 percent, higher...

Money Bhai
Mar 211 min read


Trump has reiterated the April 2 deadline, which might prevent India from receiving reciprocal tariff relief.
The United States would impose "the same tariff they charge us" on India starting on April 2, according to US President Donald Trump. As...

Money Bhai
Mar 201 min read


TVS Motor Company shares in focus ahead of board meeting to consider interim dividend
When the board meets on Thursday, March 20, to discuss and declare an interim dividend for the quarter ending March 31, shares of TVS...

Money Bhai
Mar 201 min read


Japan is jubilant after the BOJ holds, while Asia equities are quiet as the China rise cools.
Asian equities stayed inside a narrow range on Wednesday, with Japanese shares holding onto their gains after the Bank of Japan held...

Money Bhai
Mar 191 min read


Crude oil outlook: Due to weak demand and increased supply from OPEC+, Goldman Sachs reduces its Brent year-end prediction by $5.
In light of slower growth prospects for oil demand and predictions of increasing OPEC+ supply, Goldman Sachs has reduced its December...

Money Bhai
Mar 181 min read
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