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The Supreme Court on Thursday struck down the integrated goods and services tax (IGST) levy on ocean freight, upholding the Gujarat HC decision that had gone in favour of taxpayers. ...
In a blow to the Mistry camp, the Supreme Court on Thursday dismissed review petitions filed by Cyrus Investments and Sterling Investments against the apex court’s final order and judgment of March last year, which had...

US Stocks: Growth stocks drag Wall Street lower on rate hike worries

The S&P 500 opened lower by 31.23 points, or 0.79%, at 3,903.95, while the Nasdaq Composite dropped 164.98 points, or 1.45%, to 11,199.25 at...

US Stocks: Wall St set to slide at open as inflation data fuels rate hike bets

The monthly rise in inflation was much smaller compared to the 1.2% surge in March, the largest increase since September 2005, but traders raised...

How Wall Street banks made a killing on SPAC craze

Credit Suisse summed it up last year in a confidential client presentation reviewed by Reuters: SPACs “bend the rules” of the IPO market. The...

US Stocks: Wall Street set to slide at open as rising bond yields hit growth stocks

After a 50 basis points increase in interest rates this month by the U.S. central bank, most traders expect it to raise it by...

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