The Union Budget 2026 needs to focus on widening the direct tax base, incentivising private sector investment and freezing peak direct tax rates to further accelerate growth and generate employment opportunities, a report said. Recent reforms under GST 2.0 have demonstrated that simplification and tax moderation can coexist with strong revenue growth, challenging the long-held belief that higher tax rates are necessary to boost collections, a report titled 'Shaping India's New Taxation Ideology: Simplification, Moderation and Growth' said. "As India approaches the Union Budget, the choices made will determine whether taxation becomes a catalyst for long-term economic expansion or a constraint on ambition," the report released by a think tank Think Change Forum (TCF) on Wednesday said. The report outlines a six-point advisory for policymakers, urging them to extend the principles of GST reform to direct taxes, enforcement and investment policy At the core of the advisory is a push f
Shriram group may still stay promoter after $4 bn deal
London-based consumer tech brand Nothing on Thursday said it has raised over USD 8 million (about Rs 72 crore) in its third community investment round, which closed with over 5,000 new investors. The round allowed community members to invest at a USD 1.3 billion valuation, according to a company statement. Nothing's community base now stands at around 13,000 investors who have collectively contributed over USD 16 million to date. "Nothing has closed its latest community investment round, raising more than USD 8 million, and adding over 5,000 new investors to its community from more than 80 countries," the company said. The latest funding comes on the heels of Nothing's USD 200 million Series C round in September 2025, led by investors, including Tiger Global, GV, Highland Europe, EQT, and Qualcomm Ventures. Community investment involves people investing money in an early-stage private or unlisted company in exchange for a share, or equity, in that company. Earlier this year, Noth
As 2026 approaches, market experts say a disciplined year-end review of your mutual fund portfolio can make a real difference.
As part of the licensing deal, Sora and ChatGPT Images will start generating videos using licensed Disney characters such as Mickey Mouse, Cinderella and Mufasa, from early next year
Hyderabad-based iSprout has raised ₹60 cr in debt funding from Tata Capital to expand into metros and tier-I and II cities, upgrade infrastructure and scale managed office portfolio as it eyes an IPO
Saviynt has raised $700 million in Series B funding at a $3 billion valuation, led by KKR, to speed up product development, AI capabilities and deeper integration with hyperscalers, software platforms
Amazon has announced a massive $35 billion investment plan for India through 2030, its biggest push yet to strengthen AI, exports, and job creation.
BlackRock's Global Infrastructure Partners will also have a 'greenshoe option' to invest a further ₹1,000 crore in the Indian company, taking the total investment to ₹3,000 crore
Plan to bring in new freight trains through private funding
AI research startup Redrob on Friday said it has raised USD 10 million (Rs 88.7 crore) in a Series A financing round led by Korea Investment Partners. This brings Redrob's total funds raised to date to USD 14 million, following its earlier seed round of USD 4 million in 2023. The funding round also saw participation from KB Investment, Kiwoom Investment, Korea Development Bank Capital, Daekyo Investment, and DS & Partners, according to a company statement. With the fresh capital, Redrob plans to advance its technology by refining its machine learning architecture to achieve a targeted 50-fold reduction in costs. The company also aims to develop language models tailored for India, covering all 22 officially recognised constitutional languages, and deliver a comprehensive AI suite designed to support learning, career advancement, and workplace productivity. "The company is preparing to launch several major initiatives, including the rollout of free Redrob LLM access for all Indian .
The deal follows Pulse's acquisition of Nucleus and supports new AI-driven credit products aimed at faster, smarter lending
Describing the US-India spat as a 'temporary setback', Naidu said a deal between Trump and Prime Minister Narendra Modi should come very soon
Global tensions, weakening dollar, and surging central bank demand are fuelling gold’s rise. Emkay analysts now predict prices could soar to $4,600 per ounce.
Global investment firm Think Investments has invested a little over Rs 136 crore in edtech unicorn PhysicsWallah as part of a pre-IPO funding round. The fresh infusion comes as the company gears up for its upcoming initial public offering (IPO) next week. As part of the transaction, Think Investments picked up 1.07 crore equity shares, amounting to 0.37 per cent stake in PhysicsWallah from 14 employees of the edtech firm. The shares were bought at Rs 127 per piece, which is 17 per cent above the issue price. This translates into a transaction size of Rs 136.17 crore. "Pursuant to share purchase agreement dated November 3 read with the amendment letter dated November 3, 2025 entered into, 14 employees of the company have transferred an aggregate of 10,722,708 equity shares... to Think India Opportunities Master Fund LP on November 4, for an aggregate consideration of Rs 136.17 crore," PhysicsWallah said in a public announcement. Think Investments is a USD 4 billion global investme
Once the go-to safe havens for investors, India’s defensive sectors, FMCG, IT, and Pharma, have stumbled badly this year. But with valuations cooling and earnings stabilising,
After months of aggressive buying, mutual funds have turned cautious. Equity deployment in October 2025 dropped sharply, a signal that fund managers may be pausing amid rising valuations,
The investment firm's first external raise will fund technology upgrades, senior hires, and market growth across Asia, the Middle East, and Europe
The firm's Agastya Capital fund partners with 360 ONE Asset to back the engineering services company's expansion plans
India’s market fundamentals remain strong and diverse despite concerns over stretched valuations, said industry leaders at the Business Standard BFSI Insight Summit 2025 in Mumbai on Friday.