Price Waterhouse & Co suggests the government consider an amnesty scheme in the 2026-27 Budget to resolve over Rs 1.52 lakh crore in customs duty litigations. The firm also advocates for rationalizing customs duty slabs to 5-6 and reducing duties on raw materials to address inverted duty structures arising from Free Trade Agreements.
Market regulator Sebi has overhauled its more than three-decade-old stockbroker regulations, allowing brokers to carry out activities under the framework of other financial regulators, in a move aimed at providing ease of compliance as well as ease of doing business.
T.J. Maxx signed a lease for 26,000 square feet on a prominent retail corridor in Lincoln Park, and will open a street-level store by the third quarter of 2026.
Nifty Metal stocks fell sharply after a strong rally as profit booking, commodity index rebalancing and uncertainty over US Fed rate cuts triggered volatility. Analysts say valuations had priced in a bull case, but underlying demand-supply remains supportive. Short-term earnings may be muted, yet experts see corrections as buying opportunities for long-term investors.