Microcap stocks defy market: 50 stocks rise over 200% amid selloff; analysts caution over poor earnings, bubble risk

Even as benchmark indices have struggled since the September 2024 selloff, a clutch of little-known microcap and penny stocks have delivered blockbuster returns, with at least 50 companies gaining over 200%—and some surging by as much as 5,500%, according to an Economic Times report.Leading the list is RRP Semiconductor, a Maharashtra-based firm whose shares skyrocketed…

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8th Pay Commission: What is the fitment factor; how it may impact salary hike of central government employees

8th Pay Commission news: As the central government has begun consultations with key stakeholders, including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and state governments, as part of the process to constitute the 8th Central Pay Commission (CPC) to revise pay structures for nearly 50 lakh central government employees…

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‘Enforcement with empathy’: Income tax department working on rules, forms for new tax bill, says CBDT chief

The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill, 2025, which aims to replace the six-decade-old direct tax legislation, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal said on Thursday.Speaking at the 166th Income Tax Day event in the capital, Agarwal said the…

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India-UK trade deal: From 99% duty-free access to benefits for Indian professionals – Here’s the FTA in 10 big numbers

Key labour-intensive sectors—marine, textiles, chemicals, base metals—will now enjoy zero duties, down from rates as high as 20%. (AI image) India-UK trade deal: The India-UK trade deal is being seen as a historic milestone in the trade relations between the two countries. The most significant number that jumps out is – 99% of India’s exports…

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