Power generators will hedge revenue, distribution companies hedge costs and traders bring liquidity according to NSE’s factsheet on the product. | Photo Credit: pixelfusion3d National Stock Exchange (NSE) is set to launch a new security called “Electricity Futures” in order to hedge losses due to electricity price fluctuations. This will allow power buyers, sellers, traders,…
The agenda for the Goods and Services Tax (GST) Council at its next meeting will include deliberations on minimising the 12% tax slab and also finalising the tax treatment on service intermediaries, which could provide the sector relief worth thousands of crores, according to informed sources. Further, while the meeting was initially supposed to be…
Image used for representative purpose only. | Photo Credit: V. Sudershan Foreign direct investment into India began financial year 2025-26 on a relatively strong footing, with gross inflows rising nearly 23% and net inflows more than doubling in April 2025, according to data released by the Reserve Bank of India. The data, as part of…
U.S. President Donald Trump said America is going to have a “very big” trade deal with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two countries. File picture of Union Commerce and Industry Minister Piyush Goyal meeting United States Secretary of Commerce Howard Lutnick. | Photo…
“We’re having some great deals. We have one coming up, maybe with India, a very big one, where we’re going to open up India,” U.S. President Donald Trump said during an event at the White on June 26, 2025. | Photo Credit: PTI A team of negotiators from India is in the U.S. for at…
The 3.5% tax proposal itself was a reduction brought into the Act in May from the original proposal of 5%. Image for representation. | Photo Credit: Getty Images/iStockphoto U.S. legislators have significantly diluted the provision in the proposed legislation to tax remittances to other countries, including to India. The latest version of the Bill, released…
The Department of Economic Affairs report said that the Indian economy may experience “nervous but exciting times” in the days ahead. Image for representation. | Photo Credit: Reuters It is too soon to sound the ‘all clear’ on the risk of rising oil prices, even though the risk from the Israel-Iran conflict has receded following…
The Finance Ministry has asked public sector banks (PSBs) to look at monetising their investment in subsidiaries by listing them at bourses after further scaling up operations so that they realise good return. There are about 15 subsidiaries or joint ventures of PSBs lined up for initial public offering or divestment in medium to long…
Image used for representation purpose only. A PwC report said that the GST council should reduce tax slabs to three and broaden the base by bringing petroleum products under the GST. | Photo Credit: The Hindu The GST Council, comprising Finance Ministers from the Centre and States, should simplify compliance, reduce tax slabs to three,…
Representational image of a person holding U.S. and India’s flags at the White House. File | Photo Credit: Reuters India has hardened its position on issues related to agriculture as negotiations with the U.S. team in Washington have entered a crucial stage, an official said on Monday (June 30, 2025). The official also said that…
