Vodafone Idea's loss in Q3 mounts to Rs 4,974 crore

India’s equity issuance market is expected to remain buoyant in the coming months as several large initial public offerings (IPOs) are lined up, which could sustain fundraising momentum and support higher corporate capital expenditure, according to a Bank of Baroda (BoB) research report.

Union Minister of State for Science and Technology Jitendra Singh on Thursday, stated that building domestic capabilities is essential to reduce reliance on other countries, warning that self-reliance remains an illusion without genuine independence.

The Securities and Exchange Board of India’s (SEBI) proposed changes to the settlement of futures and options (F&O) contracts could address a key concern over the reliance on the Closing Auction Session (CAS) to determine expiry prices, but deeper cash-market participation will be needed to make the auction mechanism more robust, according to a report by Kotak Institutional Equities.

Under the latest revision, the export levy on petrol has been reduced to Rs 0.5 per litre from Rs 1.5 per litre, while the total levy on diesel has been cut to Rs 20 per litre from Rs 25 per litre. The export duty on ATF has also been reduced to Rs 15 per litre from Rs 19 per litre.

Reliance Foundation, the philanthropic arm of Reliance Industries Limited, presented 25 electric buses and a dedicated charging station to the Tirumala Tirupati Devasthanams (TTD) to support cleaner transport for pilgrims visiting the hill shrine.