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I hold US situs assets. Should I pay tax in the US or India?

New Delhi, March 4 -- To assess US tax exposure, it is important to first distinguish between two related but distinct aspects of US tax law: Income tax and transfer taxes, the latter covering gift ta... Read More


Bank liquidity may come under stress as short-term deposit instruments mature

Mumbai, March 4 -- Liquidity buffers of banks are expected to come under stress in the March quarter as large volumes of short-term certificates of deposit (CDs) raised in recent months mature in Marc... Read More


Fewer women on board, less clarity on succession planning: What a survey of Indian PSUs found

Mumbai, March 4 -- Thirty-six Maharatna and Navratna companies fell short of the mandated minimum number of independent directors in 2024-25, according to the fifth edition of Excellence Enablers' sur... Read More


Iran conflict threatens project deadlines for Indian engineering giants in the Gulf

New Delhi, March 4 -- The escalating US-Iran conflict has wreaked havoc on market sentiment, leaving investors anxious about spiking crude oil prices and the economic fallout of a prolonged confrontat... Read More


String of international exits narrows foreign loss makers for Mahindra

New Delhi, March 4 -- Exits from international subsidiaries and associate companies in Japan, Finland and Sri Lanka in the financial year 2026 have narrowed the list of loss-making foreign companies f... Read More


Sebi's new rules push AMCs to innovate: Is this the golden age for passive funds in India?

New Delhi, March 4 -- Asset management companies (AMCs) may double down and innovate more on passive products following the revision of mutual fund categorization norms, offering investors a wider cho... Read More


Facebook, Instagram, TikTok down? Thousands report receiving 'Your account is currently unavailable' message

New Delhi, March 4 -- Facebook is down for users across the globe as hundreds of people report outages in both United Kingdom and America. Users have reported receiving "Your account is currently unav... Read More


Indian expats worried as West Asian conflict shatters Gulf's safe haven image

New Delhi, March 4 -- In 2016, Pranav Doshi, then an executive with the Canadian consulate, decided to move 2,000 kilometres away from their home in Mumbai. Doshi's wife was given an option to choose ... Read More


SEDEMAC Mechatronics IPO: Issue receives tepid response on Day 01, subscribed 0.27 times

New Delhi, March 4 -- SEDEMAC Mechatronics IPO in focus: The initial public offering (IPO) of SEDEMAC Mechatronics, an auto ancillary company, which opened for subscription today, March 04, received a... Read More


Samsung was the star of smartphone PLI. But it gave telecom PLI a complete miss

New Delhi, March 4 -- South Korea's Samsung, which had a blockbuster run under India's smartphone incentives scheme, has dropped out of a similar scheme to build telecom gear, government data showed. ... Read More