Three top-notch hospitals in Mumbai and a famous international spiritual organisation-all functioning as charitable trusts-have been denied Income tax (I-T) exemption on the grounds that they were carrying out commercial activities.Read More

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According to Citi, this creates positive implications for both minority shareholders and potential debt providers. The brokerage expects this development to materially improve the company’s ability to secure funding for its next phase of network rollout.Read More

Indian stock markets experienced sharp cuts on Thursday, with Nifty and Sensex declining due to rising oil prices and a falling rupee. Selling pressure was observed in FMCG, bank, and auto stocks. Meanwhile, US markets closed at record highs, driven by strong earnings and softer crude prices.Read More

Geojit’s Anand James sees Nifty stabilizing despite volatility, with a potential move toward 25,600. While banking stocks remain weak, select opportunities exist. He highlights Time Technoplast and Shyam Metalics as bullish trades, backed by strong technical indicators like RSI strength and MACD crossovers, offering near-term upside for traders.Read More

The narrative that markets need an AI story is outdated. Leadership has shifted from Big Tech to broader markets and old-economy sectors, especially small caps. While AI spending remains strong, gains are concentrated in suppliers like semiconductors and infrastructure, not tech giants, signaling a deeper market rotation and changing drivers of global equity performance.Read More

Analyst forecasts highlight 10 largecap stocks with 30–50% upside potential over 12 months, based on consensus estimates, offering investors data-driven opportunities across sectors with strong buy ratings and growth outlooks.Read More

The war forced changes on quite a few fronts. First was a re-assessment of the “new-normal” for crude and on certain commodities where supply impacts were felt. As an example within the energy space, we cut back on oil marketing and moved towards upstream oil. That was a change in stance itself.Read More

Brent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global oil chokepoint. Naval tensions and tanker blockades have restricted nearly one-fifth of global oil flows, intensifying supply fears and pushing shipping costs higher. Ceasefire talks remain fragile, while OPEC fragmentation...Read More

Brent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global oil chokepoint. Naval tensions and tanker blockades have restricted nearly one-fifth of global oil flows, intensifying supply fears and pushing shipping costs higher. Ceasefire talks remain fragile, while OPEC fragmentation...Read More