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Stock market trades higher in early deals

Representational image of Bombay Stock Exchange in Mumbai File | Photo Credit: PTI Equity benchmark indices Nifty and Sensex advanced in early trade on Friday (November 28, 2025), after hitting record highs in the previous session, aided by buying in blue-chip Reliance Industries and rate cut optimism. The 30-share BSE Sensex climbed 103.96 points to…

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Govt rejects IMF’s notion that 50% tariffs will be ‘indefinite’, says growth impact overstated

A view of the International Monetary Fund. | Photo Credit: Reuters The Indian government has objected to the International Monetary Fund’s (IMF) baseline assumption that the U.S.’ 50% tariffs would continue, saying they would not remain in place “indefinitely”.  The government added that the IMF’s assessment of the growth impact of the tariffs was “on…

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IMF gives India a ‘C’ on its GDP and other national accounts data, the second-lowest grade

The International Monetary Fund logo is seen outside the headquarters building in Washington. Image used for representation purpose only. | Photo Credit: Reuters The International Monetary Fund’s (IMF) annual review has given India’s national accounts statistics, which includes key figures such as Gross Domestic Product (GDP) and Gross Value Added (GVA), a grade of ‘C’,…

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Income Tax department identifies cases of non-disclosure of foreign assets in ITRs

Representational image of a taxpayer filing returns | Photo Credit: Getty Images The Income Tax department on Thursday (November 27, 2025) said it has identified “high-risk” cases where individuals have not reported foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26. The Department will start sending SMS and emails to…

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