SEBI Proposes Opening Physically-Settled Commodity Derivatives To FPIs With New Delivery Safeguards

SEBI has noted that FPIs may not be equipped to handle such obligations due to the absence of a permanent establishment in India and the requirement for GST registration to buy or sell physical commodities.

Delta Corp's Q1 loss was driven by a Rs 306.7 crore GST provision, while gaming revenue declined 12% YoY.

The alleged kingpin, Vinit Kumar Poddar, was picked up from Kolkata on Wednesday night following an operation by the Special Task Force.

Airlines' long-standing demand for ATF under GST remains on hold as states opposed the proposal, with aviation fuel continuing to attract state VAT.

While near-term headwinds from West Asia-related freight and commodity inflation persist, the brokerage believes these are outweighed by Maruti Suzuki's strong structural drivers, including its leadership in the domestic PV market, an expected recovery in the entry segment following GST rationalization, and a robust SUV launch pipeline.

Gross GST collections in July rose 15.4% to over Rs 2.11 lakh crore, driven by increased revenues from domestic transactions and imports.

The Centre has detected fake GST Input Tax Credit (ITC) claims worth Rs 74,782 crore across more than 30,000 cases in FY26, as artificial intelligence and data analytics strengthen tax enforcement.

The company says representation reflects no finding by SEBI or tax authorities; denies receiving any regulatory communication.

India adds roughly 19-22 lakh net payroll subscribers every month, with nearly 60 per cent of new members belonging to the 18-25 age group.

Gaming industry sources told NDTV Profit that Play Games24x7 and Junglee Games have already filed review petitions, while several other online gaming companies are expected to follow.

Forest Minister Jayanta Malla Baruah said forest royalty and GST are closely connected, making coordination between the two departments crucial.

Assam has emerged among the top performing major states in the country in terms of monthly GST growth, reflecting improving economic activity and stronger revenue administration.

Amid the current geopolitical trends and volatile movement of financial indicators, several high-stakes developments kept the week buzzing for the global economy and domestic market.

Commerce Minister Piyush Goyal chairs Board of Trade meeting with states and industry to strengthen export competitiveness and maximise benefits from FTAs.