Foreign Portfolio Investors (FPIs) have significantly increased their exposure to Indian debt markets, investing ₹23,703 crore in the first half of March 2025, even as they continued to offload equities aggressively, depository data showed. FPI inflows into debt markets this month have more than doubled from ₹10,517 crore in February and far exceeded January’s ₹571...
Nirmala Sitharaman announced a major overhaul of the income tax system while outlining the Budget on Saturday. Individuals earning up to ₹12 lakh annually will no longer have to pay any tax under the new income tax regime — with benefit of ₹80,000. Sitharaman also proposed a change to the exemption limits and rejigged the...
Finance minister Nirmala Sitharaman has delivered a realistic and positive punch to keep the economy progressing, especially with a strong push to boost urban consumption, at a very crucial time of challenges globally and domestically. The biggest positive of Budget 2025 is the reduction of taxes for the middle class, which leaves more money in...