Bajaj said the direct tax collection comprising personal and corporate taxes would be close to ₹17.50 lakh crore in the current fiscal. Mop up from indirect taxes (customs, excise and GST) would be close to ₹14 lakh crore.

One of the questions that seems to be dominating, particularly in the European and US press, is whether it will be a hard landing, a soft landing, or a recession.

The broader NSE Nifty gained 23.05 points, or 0.13% to end at 18,267.25. From the Sensex pack, State Bank of India, Bajaj Finance, Dr Reddy’s, Kotak Mahindra Bank, Sun Pharma, Maruti, NTPC, Axis Bank and ICICI Bank were the major winners. Elsewhere in Asia, markets in Seoul, Shanghai and Hong Continue Reading

San Francisco-headquartered TPG Capital, one of the largest private equity (PE) firms, managing more than $120 billion in assets as of August, has been doubling down on investing in India after a cool-off period between 2012-2014.

The price rise of the food grain is in tandem with the increase in the minimum support price (MSP) and general inflationary trends, said Sanjeev Chopra, secretary, the Department of Food.

The Dow Jones Industrial Average fell 6.5 points, or 0.02%, at the open to 34091.57

The network of companies owned by Asia’s richest person has reportedly reached out to top officials at firms, including Mubadala Investment Co. and Abu Dhabi Investment Authority about investments

In the Sensex pack, Bajaj Finance, Dr Reddy’s, SBI, Maruti, Kotak Bank, Sun Pharma and NTPC were the top gainers in Wednesday’s trading session, rising about 0.5-1.5%. ICICI Bank, HDFC, Axis Bank, M&M, Tata Steel and HDFC Bank also closed higher

The company also operates under the names Total, Charms, Charminar, Editions, Special, and Moments, which make it the second-largest cigarette manufacturing company in India.

Pravesh Gour, Senior Technical Analyst, Swastika Investmart said the company has been incurring losses for the last two years, and according to the IPO objective, the funds raised will be used to pay off liabilities.