July 27, 2025

Indian Firm Ships $1.4 Million Worth of Explosive to Russia

Ideal Detonators Private Limited shipped $1.4 million of HMX, claiming it was for civilian use, despite concerns over military applications linked to Russia's Ukraine war efforts. U.S. warnings on sanctions loom over such activities.

July 27, 2025

Stock Market Dips Amid India-US Trade Deal Uncertainty

The Indian stock market faced significant losses last week as fears about the India-US trade deal persisted. With experts warning retail investors to remain cautious amid potential tariff implications from the Trump administration, the outlook remains uncertain for market stability.

July 27, 2025

India Inc's Investment Hesitancy Due to Trade Uncertainties

A UBS Securities report reveals that uncertainties in global trade deals are major factors causing Indian companies to hesitate in making long-term investments. This lack of clarity significantly impacts capital expenditure plans.

July 27, 2025

Wife Exempt from Tax on Sale of Husband's Flats for ₹6 Crore

A wife's recent sale of two flats gifted to her by her husband for ₹6 crore has been deemed tax-exempt by ITAT Mumbai, setting a precedent in tax law that could influence future real estate transactions between spouses.

July 27, 2025

Maharashtra CM Seeks Central Approval for Major Infrastructure Loans

CM Devendra Fadnavis has requested the Union finance ministry's approval for loans totaling over Rs 17,000 crore from various financial entities. The funding aims to improve roads, tackle rising sea levels, and process sewage in the state.