Zerodha founder and CEO Nithin Kamath has said the hike in the Securities Transaction Tax (STT) announced in the Union Budget 2026 is unlikely to reduce speculative activity in India's derivatives markets.
New Delhi [India], February 2: Rathi Steel And Power Limited (BSE -504903), One of the leading players in stainless steel long products and TMT bars, Rathi Steel And Power Limited has recorded its highest-ever monthly sales (from its Ghaziabad unit on a stand-alone basis) amounting to about
"Nonetheless, some moderation in derivatives activity remains a risk, which could translate into lower trading turnover and consequently softer brokerage volumes and revenues from the derivatives segment for the securities broking industry," ICRA said. The proposed increase in STT on F&am
It said the total volume of transaction in options and futures is more than 500 times of Indian Gross Domestic Product (GDP). "In Rupee terms, our GDP is 300 lakh crore rupees, while the volume for options and futures is more than 1.5 lakh lakh crore rupees. Therefore, there is justificat
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget in Parliament on Sunday, said the government has proposed targeted interventions in six areas to accelerate and sustain economic growth.
Taiwan's Ministry of National Defense (MND) on Sunday said that it detected one sortie by China's People's Liberation Army (PLA) aircraft and six People's Liberation Army Navy (PLAN) vessels operating around its territory up to 6 am (UTC+8).
The US Embassy in India on Saturday announced a temporary reduction in its social media activity due to the ongoing partial government shutdown in the United States, stating that its official X account "will not be updated regularly" until full operations resume.
Andaman & Nicobar Command posted on X about the development, stating, "Acting on specific intelligence received of likely poaching activity, HQ ANC enhanced surveillance in the Northern Andaman Sea. Joint patrols by ANC units led to apprehension of nine poachers onboard a dinghy with
Mumbai (Maharashtra) [India], January 30: TechDogs has officially launched Technology Trends 2026, now live on the platform. It is a comprehensive editorial report covering the most influential technology shifts across 30+ categories.
New Delhi [India], January 30: India's retail real estate market is showing clear signs of resurgence, with leasing activity touching a three-year high in 2025, underscoring a decisive turnaround for physical retail. As per JLL, the sector's momentum translated into a 54% year-on-year jump i
Kolkata (West Bengal) [India], January 30: As India's construction activity expands across highways, housing, mining, and industrial infrastructure, equipment buying decisions are becoming more frequent--and more complex. Yet for many owners, contractors, and operators, uncertainty remains a