The budget has announced a major overhaul in the taxation of share buybacks, shifting them from dividend taxation to the capital gains framework, while imposing a higher effective tax on promoters to curb misuse of the route. Once legislated, it will apply to buy backs after April 1.The silver linings: Many shareholders could end up…
BENGALURU: The Department of Space (DoS) has been allocated Rs 13,705.6 crore for 2026-27, marking a steady rise over the revised estimate of Rs 12,448.6 crore in the current fiscal. The increase is driven largely by higher capital expenditure, signalling a push towards new launch vehicles, satellite infrastructure and upcoming exploration missions .Of the total…
NEW DELHI: HDFC Capital Advisors Ltd on Wednesday announced a strategic partnership with Curated Living Solutions (CLS) to set up a Rs 1,000 crore platform focused on rental housing in India.HDFC Capital, the real estate private equity arm of the HDFC Group, said the platform will develop, own and operate institutional-grade rental housing assets to…
India’s high cost of capital is a macroeconomic outcome rather than a financial-sector flaw. Borrowing is expensive not because malfunction in market, but because the economy saves too little and relies on foreign capital to fund its investment gap. Persistent current account deficits force India to pay a risk premium to global investors, which is…
Foreign portfolio investment (FPI) flows remained volatile in FY26, resulting in a net outflow of $3.9 billion as of December 2025, amid heightened global uncertainty and a redirection of capital towards AI-centric markets such as the US, Taiwan and Korea, the Economic Survey 2025–26 said on Thursday, PTI reported.The survey noted that FPIs were net…
Did you know that some countries actually have more than one capital? Yes, before the idea of a single, all-powerful capital turned into a global norm, some nations chose a different path, one where power was deliberately spread out rather than concentrated in one city. These countries opted for the core functions of government to…
In the colorful world of avocados, two contenders reign supreme as the ‘Avocado Capitals of the World.’ Michoacán, Mexico, stands tall as the epicenter of avocado farming, thanks to its lush climate and fertile lands that yield the best avocados globally. Avocados sit at the heart of many healthy plates. They add good fats, fiber,…
The Union Budget should prioritise simpler and more predictable tax laws, alongside tax neutrality for cross-border and corporate reorganisations, to strengthen India’s appeal as a long-term destination for foreign direct investment (FDI), tax and economic experts said, reported PTI.They argued that rationalising the tax framework and lowering the cost of capital would complement ongoing reforms…
The government is expected to prioritise medium-term debt consolidation while continuing a strong push for capital expenditure in the Union Budget for 2026-27, according to pre-Budget expectations outlined by rating agency ICRA.ICRA said the upcoming Budget assumes added significance as it will be the first to align with the recommendations of the 16th Finance Commission,…
NEW DELHI: The Commission for Air Quality Management (CAQM) on Friday enforced GRAP-III (Graded Response Action Plan) in Delhi-NCR as air quality is expected to slip into the ‘severe’ category in the coming days.Delhi-NCR has been grappling with high pollution levels for several months. In December, all measures under GRAP Stage III were implemented after…