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    DIWALI 2025 DATE IN INDIA

    Deal activity value jumps 18 pc to USD 123.8 bn in 2025; volumes drop marginally

    India's deal activity saw a significant rise in 2025. Deal values increased by 18 percent to USD 123.8 billion. This growth occurred even as the number of transactions decreased. Investors focused on larger, strategic deals in infrastructure and financial services. Cross-border deals also saw a substantial value increase. This indicates continued investor confidence in the Indian market.

    Vedanta announces demerger record date, shareholders to get 1:1 shares in new entities

    Vedanta's board has approved May 1, 2026, as the effective and record date for its demerger. Shareholders will receive shares in newly carved-out businesses, including aluminium, power, and oil and gas, in proportion to their existing holdings. This significant restructuring will transform Vedanta into separate listed entities.

    Is tax clearance mandatory before foreign travel? What the Income-Tax Act, 2025 says

    The introduction of Form 157 and Form 159 under the Income-Tax Rules, 2026 has sparked confusion over whether tax clearance is now mandatory for all Indians travelling abroad. However, a closer reading of Section 420 of the Income-Tax Act, 2025—read with Section 536 and CBDT Instruction No. 1/2004—makes it clear that no such blanket requirement exists.

    Nippon India Mutual Fund dominates Akshaya Tritiya ETF volumes with 63% market share

    Nippon India Mutual Fund demonstrated strong performance in Gold and Silver ETFs during Akshaya Tritiya 2026. The fund house secured a significant market share in combined volumes and investor base. This leadership highlights its consistent performance and superior liquidity, making it a preferred choice for Gold and Silver ETF investments in India.

    SC issues pan-India directions for road safety, says expressways should not become corridor of peril

    The Supreme Court has mandated new nationwide road safety rules. Heavy vehicles are now banned from parking on expressways, except at designated spots. This move aims to prevent accidents and save lives. Authorities must implement these directives within 60 days. New commercial structures near highways are also prohibited.

    Hidden risks in mortgaged properties: Essential due diligence steps for safe buying

    A Supreme Court ruling in 2025 favored a land buyer who was defrauded by a seller concealing an existing mortgage. The court affirmed that buyers are entitled to a full refund of their deposit when sellers fraudulently hide property encumbrances. This case underscores the importance of thorough due diligence for property buyers.

    The Economic Times
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