NSE CEO Ashish Chauhan stated there have been no talks with the government regarding the new Merchant Discount Rate for UPI payments, which he claims is a matter for brokers and clients to resolve.
An IPO is a company's first sale of shares to the public. The grey-market premium is an unofficial pre-listing price signal, not a promise of listing gains.
Exam anglePrimary market: the company raises new capital. Secondary market: investors trade existing shares and the company receives nothing.
Revenue is recognised when control of goods or services passes to the customer, not simply when cash arrives or a contract is signed.
Exam angleInd AS 115's five steps: identify the contract → performance obligations → transaction price → allocate it → recognise as each obligation is satisfied.
Goods coming into India pay basic customs duty plus IGST. Anti-dumping and safeguard duties are extra levies that protect local producers from unfairly cheap imports.
Exam angleIGST paid on imports is available as input tax credit; basic customs duty is not, so it becomes part of the cost of the goods.
The agreements come after Donald Trump and Xi Jinping held a summit in Washington this week to stabilize ties between the world's two largest economies.
Realty firm Prestige Estates has withdrawn its IPO plan for its hotel business amid uncertain market conditions. The company initially aimed to raise Rs 2,700 crore through this public issue.
The Maharashtra government on Saturday declared drought in 265 of its 358 talukas, or 74 per cent of the state, amid rainfall deficit and announced relief measures, including crop loan restructuring, land revenue concessions, and power bill subsidies.
India's financial and external sectors remain resilient despite global risks, RBI Bulletin said. Strong Q1 FY27 growth, a five-year high in net FDI, robust services exports and remittances, and forex reserves of $765.9 billion supported the economy.
DA news update: Punjab government has notified an 8% dearness allowance hike for state government and pensioners, effective from 1 September, as per an official statement from the chief minister's office.
NTPC and EDF Power Solutions India have established a joint venture to develop renewable energy projects. This partnership aims to focus on pumped storage and hydropower projects within India and its neighboring countries.
Housing sales fell 6 per cent to 1.03 lakh units in the July-September quarter across nine major cities, mainly due to subdued demand and lower fresh supply of homes, according to PropEquity. Global economic uncertainties also contributed to muted buying sentiments.
Vedanta has urged Odisha to accelerate its proposed ₹1 trillion investment in aluminium projects, including a smelter in Dhenkanal and a refinery in Rayagada.
While Jaishankar did not name Pakistan directly in his remarks, he was referring to the address delivered by Pakistan Prime Minister Shehbaz Sharif at the UNGA yesterday.
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Bangladesh is preparing to raise between $500 million and $1 billion through its maiden foreign-currency sovereign bond sale within the next three months, a senior government official said.
Asset World Corp Pcl’s new Thai Real Estate Investment Trust aims to raise at least $1 billion through a listing as it seeks funds to expand its hotel and commercial property business, according to a senior executive.
The White House TV pool went dark this past week amid a standoff between CNN and the president. Network leaders, however, believe an indefinite suspension may be untenable.
CNN won’t be able to join President Trump on a Saturday trip to Tennessee. He had banned CNN and two other news outlets from the White House, but a court order on Thursday restored their access.
As the president extolled the strength of the economy on the global stage, Americans continued to feel the sting of rising prices stemming from the war in Iran.
