Hindenburg Research: The Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and her husband Dhaval Buch have strongly denied the allegation levelled by Hindenburg Research against them, calling it a “character assassination attempt” because an Enforcement action and show cause notice was issued to the Nate Anderson-led company last month. ....

The RBI aims to reduce the clearing time required for bank cheques to a few hours as part of a major step to facilitate the ease of doing business in the country, RBI Governor Shaktikanta Das said on Thursday. ....

India's economy is expected to clock a 7 to 7.2 per cent growth rate in 2024-25 supported by a rebounding rural economy, strong manufacturing growth, robust bank balance sheets, and increased exports, according to financial advisory firm Deloitte. ....

India's services sector continued to grow at a robust pace in July on the back of strong demand, which led to higher job creation during the month, according to an HSBC survey released on Monday. ....

Adani Ports and Special Economic Zone (APSEZ) on Thursday posted the highest-ever net profit at Rs 3,107 crore (up 47 per cent year-on-year) along with record EBITDA at Rs 4,848 crore for the quarter that ended June 30. ....

India is the best-performing stock market among the top five globally, and it delivered over 25 per cent return (in terms of market cap) from the beginning of 2024. ....

Around six crore income tax returns have been filed in 2023-24, of which 70 per cent were filed under the new simplified tax regime which offers a lower rate of tax but fewer deductions, Revenue Secretary Sanjay Malhotra has said. ....

The Union Budget under Prime Minister Narendra Modi 3.0 contains some big bang tax reforms and the government is sticking to its path of simplifying and streamlining the entire tax regime, experts said on Wednesday. ....

The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday projected India’s GDP growth rate at 6.5 to 7 per cent for 2024-25 as it sees the economy on a strong wicket. ....

India’s exports to the lucrative Western markets have recorded a strong double-digit growth in the April-June quarter of the current financial year reflecting the competitive strength of the economy. ....