The central government’s ban on real-money gaming is creating challenges for venture capital investors, as startups valued at nearly $15 billion and having raised around $2 billion try to figure out their next steps.“We’ve made huge investments and are bound to face major capital losses… at this point though the efforts are towards finding out…
A central feature of the upcoming changes is the rationalization of the multi-tiered rate structure into three slabs: 5%, 18%, and 40%. (AI image) By Saurabh Agarwal, Tax Partner, EY IndiaThe Prime Minister’s announcement on August 15, 2025, unveiling “next generation” GST reforms, signals a pivotal moment for India’s tax ecosystem. This transformative initiative, slated…
The central government has cleared the early disbursement of August 2025 salaries, wages, and pensions for its employees and pensioners in Maharashtra and Kerala. The move comes in view of the upcoming Ganapati celebrations in Maharashtra and the Onam festivities in Kerala.The Finance Ministry has clarified that the payments will be treated as advance disbursals….
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 25, 2025) are Dixon Tech, and Vishal Mega Mart. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Dixon Tech 16894 22300 32% VMM 150 165 10%…
Jaishankar highlighted how Trump’s methods represent a significant shift, particularly in the use of tariffs for both trade and non-trade purposes. External Affairs Minister S Jaishankar has highlighted that India’s recent experience taught the country the importance of avoiding reliance on a single supply chain or market. He advised industries to adopt diversification as a…
Gold price prediction: Amidst the surprisingly dovish tone we could see continued upside momentum in Gold and Silver as market participants. (AI image) Gold price prediction today: Gold prices are likely to trade with a higher bias this week. Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd shares his outlook on…
Market analysts anticipate continued support for Indian equities, driven by positive outlook surrounding GST 2.0 reforms. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday on positive global cues. While Nifty50 was above 24,900, BSE Sensex was up over 200 points. At 9:17 AM, Nifty50…
MUMBAI: The Adani group’s dependence on Indian lenders has risen sharply. Domestic banks and financial institutions now account for half of its over Rs 2.6 lakh crore debt, up from 40% a year ago, helped by lower local funding costs after RBI rate cuts and narrower spreads following upgrades in credit ratings. The group’s overall…
MUMBAI: Paving the way for the sale of IDBI Bank, Sebi has approved the reclassification of Life Insurance Corporation as a public shareholder from promoter of the bank once the sale transaction is concluded. The regulator’s nod is subject to conditions, including LIC’s voting rights being capped at 10%, no board representation or control over…
IT secretary S Krishnan said the ban on money gaming doesn’t mean doom and gloom for the sector, with ample growth opportunities existing in the social games and e-sports categories. In an interview with TOI, Krishnan denied that companies were not given sufficient opportunities to provide their views, adding that action against money games was…
