business

Zerodha co-founder Nithin Kamath highlighted how India’s tax structure incentivizes venture-backed firms to prioritize losses over profits. A significant tax disparity between dividend payouts and capital gains on share sales encourages growth spending and higher valuations for VC investors. This strategy, Kamath warns, creates less resilient businesses and makes competition difficult for profitable players.

Gold prices dipped to a three-week low, influenced by a stronger dollar and easing US-China trade tensions. Investors scaled back expectations of a Federal Reserve rate cut following hawkish comments, reducing safe-haven demand for the yellow metal. Analysts anticipate continued volatility this week, with central bank buying and global uncertainty offering some support.

Neal Katyal, an Indian-American attorney, will argue before the Supreme Court whether President Trump has the authority to impose sweeping tariffs under IEEPA. The landmark case, deemed critically important by Trump himself, centers on whether taxing power rests with Congress or the President. Katyal previously secured a win for plaintiffs in a lower court, asserting…

Bharti Airtel’s consolidated net profit more than doubled to Rs 8,651 crore in the September quarter of FY26, driven by strong growth in high-value smartphone users and post-paid connections. Revenue from operations rose 26% to Rs 52,145 crore, with its Africa arm also delivering robust performance.

US stocks closed mixed Monday, with Nvidia and other tech giants driving modest gains for the S&P 500 and Nasdaq, while the Dow Jones declined. Major corporate deals, including Microsoft’s cloud services agreement and Kimberly-Clark’s acquisition, shaped market movements. Investors await key earnings reports this week amid pressure for strong profit growth.