“I’m not sure this will do anything” — Zerodha’s Nithin Kamath questions rationale of STT hike on F&O trading| Business News

Zerodha Ltd.’s Nithin Kamath has questioned the rationale of the STT hike on F&O trading, asserting that the impact is skewed. Nithin Kamath, co-founder and chief executive officer of Zerodha. (Livemint) “I don’t know the exact reasoning behind the increase in STT,” the co-founder of India’s second largest online trading company, wrote on X, formerly […]

BMC proposes hike in penalty against pollution at construction sites

Mumbai: The Brihanmumbai Municipal Corporation (BMC) has proposed a fivefold hike in penalties for violating air pollution norms, raising the minimum fine from ₹10,000 to ₹50,000. The Brihanmumbai Municipal Corporation (BMC) has proposed a fivefold hike in penalties for violating air pollution norms, raising the minimum fine from ₹10,000 to ₹50,000. (Photo by Raju Shinde/HT […]

Mercedes to hike vehicle prices by up to 2% from January as Rupee slips against Euro| Business News

Mercedes-Benz India on Friday said it will hike vehicle prices by up to 2 per cent from January in order to offset the impact of weakening rupee value against the Euro. Mercedes said that despite its aggressive localisation strategy, which continues to absorb the bulk of increased costs, a selective price adjustment has become essential […]