World Updates
Pine Labs, a fintech company, announced to stock exchanges on January 28 that its higher margin business performed well, resulting in a consolidated net profit of Rs 42 crore in the December quarter as opposed to a loss of Rs 57 crore in the same quarter of the prior fiscal year. Pine Labs Q3 FY26 … Read more
Ernst & Young (E&Y) chief policy advisor DK Srivastava EY stated on January 28 that the India EU Free Trade Agreement (FTA) will be dynamic in character and that its benefits will only become apparent if the government and the business sector take advantage of the India EU trade deal opportunities it generates. After more … Read more
This weekend, businesses will overwhelm customers with “Black Friday” and “Cyber Monday” bargains, sending America into yet another consumerism frenzy. Consumer Sentiment Versus Spending Reality Bosses will be keeping a close eye on how much Americans are ready to spend, even more than usual. This month, the University of Michigan’s consumer sentiment index dropped to … Read more
Instead of implementing significant policy changes, taxpayers anticipate that the government will prioritize relaxing TDS standards, streamlining compliance, and fortifying dispute resolution structures as the Union Budget 2026 approaches. Lower TDS Expectations Ahead of Budget 2026 People in the lower and moderate income categories are calling for a reduction in TDS. The current method causes … Read more
Stable cash flows within a cost-plus regulatory framework, improved credit indicators, and ongoing deleveraging all contribute to the rating upgrade. Adani Electricity Mumbai Ltd Achieves Sovereign-Grade Rating Adani Electricity Mumbai Ltd. is the first privately owned power distribution firm in India to get a rating comparable to the sovereign, according to a statement from India … Read more