A total of 24,678 taxpayers reviewed their ITRs and 5,483 taxpayers filed their belated return for the A.Y.2024-25. File. | Photo Credit: S. Siva Saravanan The Income Tax Department’s efforts to match data obtained from other countries, including Switzerland, with income tax returns (ITRs) filed in India has resulted in taxpayers reporting additional foreign assets…
The break-neck rally in gold prices over the last two months on the back of growing global uncertainty has enthused retail investors but experts advise to approach it with a pinch of caution. Domestic gold prices per 10 grams have already crossed the ₹1 lakh mark on Tuesday and the bullish undertone still remains intact….
A view of the Torrent Pharmaceuticals Research Centre. File | Photo Credit: torrentpharma.com Torrent Pharmaceuticals Ltd has entered into definitive agreements to acquire controlling stake in J. B. Chemicals and Pharmaceuticals from KKR at an Equity Valuation of ₹ 25,689 crore (on fully diluted basis), followed by a merger of the two entities. The transaction…
Advance tax collection during April 1-June 19, 2025 grew a meagre 3.87% to ₹1.56 lakh crore. File | Photo Credit: Special arrangement Net direct tax collection so far this fiscal stood at ₹4.59 lakh crore, 1.39% lower compared to the mop-up during the corresponding period of last fiscal, as advance tax collections slowed, government data…
Titan Company’s jewellery division remains bullish on growth, regardless of the fluctuations in the gold prices. Ajoy Chawla, CEO of the Jewellery Division at Titan, told businessline that the company remains focused on growth, regardless of fluctuations in gold prices. Gold prices, which stood at around ₹4,400 per 10 grams in 2000 (as per BankBazaar…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Monday (June 30, 2025) after a four-day rally amid emergence of profit-taking, mainly in bank stocks. The 30-share BSE Sensex slipped 182.77 points to 83,876.13 in early trade. The 50-share NSE…
Bombay Stock Exchange (BSE). | Photo Credit: Reuters The combined market valuation of six of the top-10 most-valued firms jumped ₹1,62,288.06 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers, in-line with an optimistic trend in equities. Last week, the BSE benchmark gauge jumped 1,289.57 points, or 1.58%. Reliance Industries,…
Gold prices in India today slid by ₹10 to ₹9,080 for 1 gram of 22-carat gold and by ₹80 to ₹72,640 for 8 grams of 22-carat gold. | Photo Credit: SIDDHANT THAKUR Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities…
Representational image of rupee notes at a currency exchange | Photo Credit: Reuters The rupee appreciated 6 paise to 85.44 against the U.S. dollar in early trade on Monday (June 30, 2025), supported by weakness of the American currency and easing crude oil prices amid rise in investor risk sentiments. Forex traders said the U.S….
The global economy is undergoing a significant transformation, marked by shifts in trade policies and continuing geopolitical tensions. We see a return of trade wars, the review of tariffs by countries as well as a surge in negotiations for bilateral trade agreements. These have led to heightened uncertainties, impacting not just trade but also financial…
