Tata Steel expects domestic steel prices to rise this quarter, while its CFO highlights margin protection amidst a challenging year. The EU's carbon border tax is seen as a positive for Tata Steel's European operations, leveling the playing field for carbon costs.
Dalal Street anticipates a strong opening on Monday as the US-India trade deal nears completion. Positive sentiment is fueled by Gift Nifty's rise and recent constructive developments, including agreement on bilateral trade areas. Analysts foresee increased exports, job creation, and potential foreign investment, boosting market confidence after a volatile week.
The income tax department has released draft rules aimed at simplifying tax filing and compliance for individuals and companies, effective April 1. These rules emphasize faceless assessments and reduced disputes, with simplified language and redesigned forms for easier taxpayer understanding. The draft is open for public feedback until February 22.
Tata Steel expects domestic steel prices to rise this quarter, while its CFO highlights margin protection amidst a challenging year. The EU...
