Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL), on February 2, 2026, acquired 50.1 per cent equity stake in Sikhya Entertainment Private Limited (SEPL), one of the most globally recognized and awarded production houses in
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.
"He is the leader of Opposition in Lok Sabha. I want to take him seriously, and I want to take his observations seriously to see if things can be done better. But most often, I think he shoots from his hip," she said, adding that policy critique must be rooted in facts. According to her,
The Delhi High Court on Monday rejected the anticipatory bail applications filed by two Chartered Accountants in connection with a large-scale cyber fraud and money laundering case involving transactions amounting to over Rs 100 crore, observing that custodial interrogation was necessary
A day after Budget announcement, Union Finance Minister Nirmala Sitharaman said on Monday the hike in Securities Transaction Tax (STT) on futures and options (F&O) was to discourage investors from getting into speculative trading.
"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
Domestic stock markets recovered from early losses and moved into positive territory in early trade on Monday after opening lower amid selling pressure triggered by the hike in Securities Transaction Tax (STT) announced in the Union Budget.
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
The stock markets will absorb the changes in Securities Transaction Tax (STT) and gradually adjust, with no significant impact on the asset quality of stock brokers or exchange-listed entities, Ashish Chauhan, Managing Director and CEO of the National Stock Exchange (NSE), said on Sunday.
The domestic equity markets witnessed heavy selling pressure on Sunday as stocks fell sharply during Finance Minister Nirmala Sitharaman's Union Budget 2026 speech, with investors reacting strongly to a steep increase in Securities Transaction Tax (STT) on futures and options (F&O) tr
In an effort to discourage futures and options (F&O) trading, Finance Minister Nirmala Sitharaman has proposed to raise Securities Transaction Tax (STT) on such derivatives trade.