Mauritius tax protocol to give Indian taxman more

Mauritius tax protocol to give Indian taxman more powers to probe offshore entities

Mauritius cabinet ratified a tax protocol granting Indian officials more questioning powers. This allows direct challenges to offshore entities suspected of tax evasion. The principal purpose test will deny treaty benefits if tax avoidance is a primary aim. This change follows the Tiger Global ve

FAR bonds lose their pull as tailwinds fade

Foreign inflows into Indian government securities have begun to slow down. This moderation follows a strong surge in June driven by index inclusion expectations. Narrowing yield spreads between India and the US are now a key factor. Concerns over rupee weakness and delayed index decisions also contr

MSEDCL appoints 8 bankers for Rs 10,000 crore IPO

Maharashtra State Electricity Distribution Co has appointed eight investment bankers for its proposed initial public offering. This significant issue could potentially raise between eight thousand and ten thousand crore rupees. The offering will mark the first-ever IPO by the Maharashtra government

12 stocks that Goldman Sachs, Axis, InCred Equities are bullish on. Here’s the full list

Leading brokerage firms have identified twelve Indian stocks for investment. Goldman Sachs favors Reliance Industries and Adani Power among others. InCred Equities sees significant upside in APAR Industries and CONCOR. Axis Bank has also recommended Chalet Hotels and Ujjivan Small Finance Bank. Thes

Rupee likely shielded by RBI intervention as oil surges

The Indian rupee remained largely unchanged on Thursday. Higher oil prices and central bank actions influenced its movement. Global tensions in the Red Sea and strikes on Iran escalated oil prices. These rising energy costs pose a significant risk to India's economy. The rupee's stability depend