ITR Filing AY2025-26: With almost a two-month delay, the Income Tax Department has made available two Excel-based offline utilities for ITR-1 and ITR-4, which are applicable basically to individual taxpayers with less than Rs 50 lakh annual income. Ideally, taxpayers need an ITR form applicable to them based on their income status and a corresponding
Patanjali Ayurved, the company founded by yoga guru Ramdev, has come under fresh scrutiny from the Ministry of Corporate Affairs (MCA), which has issued a notice seeking an explanation over a series of financial transactions flagged as suspicious by federal economic intelligence agencies. A report by Bloomberg reveals that the government is probing possible fund
The markets closed Friday’s session on a lower note. The Nifty 50 closed the session 83 points or 0.33% lower at 24,750, the Sensex fell 182 points or 0.22% to settle at 81,451. However, the banking stocks surged higher breaking ranks with the overall markets, the Nifty Bank rose 204 points or 0.37% to end
Ahead of the RBI’s monetary policy decision on June 6, in which yet another repo rate cut – ranging from 25 bps to 50 bps – is expected, Suryoday Small Finance Bank has announced a revision in its fixed deposit (FD) rates, effective June 1, 2025. Among all small finance banks (SFBs), Suryoday Small Finance
Leena Gandhi Tewari, chairperson of pharmaceutical giant USV, has bought two luxurious sea-facing duplex apartments in Mumbai’s upscale Worli area. The deal is worth Rs 639 crore, making it the most expensive residential property sale ever recorded in India. The two duplexes are located in Naman Xana, a 40-storey premium tower on Worli Sea Face.
A rather choppy session for the markets with select pockets of opportunities today. The Financial sector stocks have been in focus after the encouraging Q4 numbers that indicated an overall improvement in asset quality. Key international brokerage house Jefferies has identified three stocks from the banking and financial space. They have a buy rating on
The biggest advantage of investing in mutual funds is that if you choose the ‘right fund’ and stick with it for the long term, your money can grow very fast. However, finding this ‘right fund’ can be a challenging task. That’s why it’s wise to do some research on your own or seek guidance from
IndiGo, India’s leading airline, has appointed Vikram Singh Mehta as the new Chairman of its Board. Mehta has been part of IndiGo’s Board since May 2022 and now takes over from Dr. Venkataramani Sumantran. Dr. Sumantran has completed his five-year term as a Board member and stepped down as Chairman. He took charge in May
A social media post has again brought the spotlight on how alleged corruption continues in the tax regime and haunts people who want to expand their businesses. The post, shared by Vinod Gupta, revealed his frustration over delays in getting his Goods and Services Tax (GST) registration. He alleged in the post that after failing
US President Donald Trump’s decision to double tariffs on steel and aluminium imports is set to impact India’s metal exports worth $4.56 billion, according to a report by the Global Trade Research Initiative (GTRI). The revised tariffs, which will take effect on June 4, 2025, are expected to make Indian metal products significantly more expensive
The Indian stock market is currently going through a phase of volatility, with the Nifty 50 and BSE Sensex hovering below their record highs. After a good 2023 and 2024, midcaps and smallcaps corrected sharply. This was due to profit-booking, liquidity issues, and high PE multiples, leading investors back to largecaps. Yet, structural growth for
ITR Filing AY2025-26: With almost a two-month delay, the Income Tax Department has made available two Excel-based offline utilities for ITR-1 and ITR-4, which are applicable basically to individual taxpayers with less than Rs 50 lakh annual income. Ideally, taxpayers need an ITR form applicable to them based on their income status and a corresponding
Patanjali Ayurved, the company founded by yoga guru Ramdev, has come under fresh scrutiny from the Ministry of Corporate Affairs (MCA), which has issued a notice seeking an explanation over a series of financial transactions flagged as suspicious by federal economic intelligence agencies. A report by Bloomberg reveals that the government is probing possible fund
