Analysis

ITAT ruling: Cryptocurrencies now recognized as capital assets for taxation

Income Tax Appellate Tribunal has ruled that cryptocurrencies are considered capital assets, clarifying how profits from crypto sales should be taxed. The ruling applies to transactions before 2022.

Lok Sabha adjourned till 2 pm amid uproar over Soros, other issues

Venugopal sought to know whether the rule was selectively applicable for references made by opposition party members

Silver's performance may continue if global economy avoids recession

Beware of its volatile nature and don't invest more than 5% of your investment portfolio in it

Trump-Musk interview: Mocking climate change to mass deportations. Details

In his interview with Tesla owner Elon Musk, former president Donald Trump unveiled a bold new proposal, announcing what he called the largest mass deportation effort in US history

India remains cautious on contracted Russian oil as new US sanctions bite

The three refiners had been in talks with Russia's Rosneft PJSC to secure about 500,000 barrels a day - equivalent to a third of India's daily imports

Zomato keeps its lead over Swiggy, gross merchandise value jumps 26%

In its annual report earlier this week, Prosus - Swiggy's biggest investor with a 33 per cent stake in the company - indicated that Swiggy's losses jumped 80 per cent year-on-year (YoY) between Jan 1-

Fed may tighten financial rules after US bank failures, says Powell

Collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new proposals, Powell said

Kempner reviews $250 million loan to edtech firm Byju's amid crises

The firm is reviewing its lending decision after the company lost its auditor and three board members in the same week

Digital risks

India needs appropriate laws to protect data

Run-up to monetary policy review: Expected pause, surprise on stance?

Run-up to monetary policy review: Expected pause, surprise on stance?

Rupee, bonds gain ahead of RBI's monetary policy review decision

The currency opened at 82.08 a dollar as against Monday's close of 82.33 due to weaker job data in the US and went on to touch 81.92 levels on corporate inflows

Banks tier II bond issuance surges 3.5 times in FY23, shows data

The issuance of tier II as well as Tier I bonds was marked by increase in the coupon on instruments reflecting hardening of interest rates and tight liquidity

Banking on a systems upgrade: What more could we expect going ahead

The cautionary tale from the Block Inc debacle is that increasing digitisation of retail financial services in India has raised the threat levels of frauds

Now boarding: Is India on the cusp of a tectonic shift in retail credit?

First-time customers are emerging as a huge catchment area for retail finance, but dangers lurk in the nooks and crannies

G20 must prioritise climate finance

Funding is also needed for the International Monetary Fund, the Asian Development Bank, even the private sector, to preserve biodiversity

Foreign exchange reserves record highest weekly rise since Nov 2022

India had fifth largest forex reserves in the world as of Feb 2023, says RBI bulletin

Rupee fell 4 paise to 82.24 against dollar amid losses in domestic equities

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 102.63

Rupee gains sharply vs dollar as Federal Reserve softens view on rate hike

Late Wednesday, the US Federal Open Market Committee raised interest rates by 25 basis points

Rupee appreciates 11 paise to 82.48 against US dollar in early trade

The rupee continued its upward trend and rose 11 paise to 82.48 against the US dollar in early trade on Monday, tracking fall in crude oil prices and firm Asian currencies

Indian rupee, bond yields await Fed Reserve's policy move for cues

The move could bring early relief to the market when they open on Monday. The rupee non-deliverable forwards market signalled a slightly weaker rupee on open