The Delhi High Court has dismissed Vodafone’s petition seeking Rs.4759 crore as tax refund from the tax department. The High Court ruled that the department should have the right to withhold refund and adjust the same against tax demands made. These Read more [...]

In the last week, the Nifty gained over 300 points and closed above the 10,800 mark. From here on the markets are likely to face pressure till there is clarity on the Fed rates front on 19th The sharp fall in crude prices and its refusal to rise Read more [...]

Assembly Elections The state elections are done & dusted and it is time to move on. But this is not going to be that simple! It is hard to recollect the last time when the Congress managed a comprehensive 3-0 win over the BJP. The point gets all Read more [...]

The election reverses were soon forgotten as the Nifty celebrated the appointment of Shaktikanta Das as the new RBI governor. Das is expected to adopt a more lenient approach towards banks, NBFCs and liquidity overall. Banks like Yes Bank, IndusInd Read more [...]

On a day when the Congress literally dominated the Hindi heartland of India, the stock markets almost appeared to be nonchalant as the Nifty crossed the 10,700 mark. Most stocks reacted positively to the combination of a decisive win in the three states Read more [...]

In a surprising day of trading, the Sensex closed nearly 200 points higher on a day when the RBI governor had resigned and the BJP had lose 3 of the key assembly seats of MP, Chhattisgarh and Rajasthan. The appointment of Shaktikanta Das as RBI Read more [...]

The assembly polls results may not have been great news for the ruling NDA. The BJP lost Rajasthan and Chhattisgarh by a wide margin and is still fighting to save its rule in Madhya Pradesh. The state of Telangana was a virtual no-contest with the TRS Read more [...]