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  • Business News & EconomyUncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
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Category: Business News & Economy

Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.

Business News

MCX, NISM launch centre to strengthen India’s commodity market skills

FinSiddhiAugust 12, 2026

MCX and NISM have signed an MoU to establish the MCX-NISM Centre for Commodity Markets, focusing on professional training, research, investor awareness and academic engagement. The initiative aims to strengthen expertise in commodity derivatives, risk management, compliance and responsible participation.

Business News

Returning to India? How RNOR status can help NRIs save tax on foreign income

FinSiddhiAugust 12, 2026

During the RNOR phase, local income rules mirror those applicable to ordinary residents. Any revenue sourced within India—such as domestic salary, rental proceeds from local property, or fixed deposit interest—remains fully taxable and must be reported in the ITR

Business News

FD rates: Which banks are offering the best returns on fixed deposits right now?

FinSiddhiAugust 12, 2026

DCB Bank, RBL Bank, YES Bank, Tamilnad Mercantile Bank and Jammu & Kashmir Bank are among the banks offering some of the highest FD interest rates across various tenures for deposits of up to ₹1 crore.

Business News

Policy support, lower costs to lift e-bus penetration to 30% by FY30: Icra

FinSiddhiAugust 12, 2026

Electric buses offer lower ownership costs than diesel and CNG models, while government schemes and payment-security reforms are expected to accelerate adoption

Business News

Karnataka cabinet portfolios out: DKS keeps finance – check full list

FinSiddhiAugust 12, 2026

Karnataka Chief Minister D K Shivakumar has allocated portfolios to twenty-three ministers. Key departments like finance and home were retained by Shivakumar himself. U T Khader received minority welfare and health, while R Ramalinga Reddy got forest. K H Muniyappa was assigned social welfare, fulfilling his lobbying efforts. The government now prepares for the monsoon…

Business News

Nitco reports consolidated net loss of Rs 10.27 crore in the June 2026 quarter

FinSiddhiAugust 12, 2026

Sales decline 23.33% to Rs 114.74 crore

Business News

Gayatri Projects reports consolidated net profit of Rs 37.12 crore in the June 2026 quarter

FinSiddhiAugust 12, 2026

Sales rise 198.73% to Rs 228.77 crore

Business News

Fiem Industries consolidated net profit rises 12.80% in the June 2026 quarter

FinSiddhiAugust 12, 2026

Sales rise 18.51% to Rs 769.91 crore

Business News

Valiant Organics consolidated net profit rises 254.27% in the June 2026 quarter

FinSiddhiAugust 12, 2026

Sales rise 13.27% to Rs 231.54 crore

Business News

AB Cotspin India consolidated net profit rises 22.25% in the June 2026 quarter

FinSiddhiAugust 12, 2026

Sales rise 51.45% to Rs 101.00 crore

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BOM 7.99 +0.00 +0.00%
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AAPL 311.30 -5.53 -1.75%
GOOGL 340.67 -4.05 -1.17%
MSFT 481.15 -2.25 -0.47%

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Business News

Medalist Diversified CFO buys $862 in company stock

FinSiddhi August 20, 2026

Medalist Diversified CFO buys $862 in company stock

Business News

TN CM Vijay softens delimitation stand, seeks assurance that seat share won’t fall

FinSiddhi August 20, 2026
Business News

Murphy USA director Rosemary Turner sells $552,436 in stock

FinSiddhi August 20, 2026
Business News

61.5% of women taking up G RAM G work shows positive indicator of rural livelihoods

FinSiddhi August 20, 2026

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