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Will ITR deadline extend again? Tax experts see further delays after ‘system failures’

In May, the Central Board of Direct Taxes (CBDT) had announced September 15, 2025, as the deadline for filing income tax returns (ITRs) for non-audit cases. However, with critical return filing utilities still pending and system delays continuing, tax experts are urging an official extension of the due date to September 30 for non-audit cases

Former HUL Chairman Susim Dutta passes away in Mumbai

Former chairman of Hindustan Unilever Ltd. (HUL), Susim Dutta has passed away in Mumbai, today. Susim Mukul Datta’s career began with Hindustan Lever in the 1950s. For over four decades, he advanced through the company’s rungs and took the helm as Chairman from 1990 to 1996. A prominent business leader and rural marketing revolutionary, Dutta

Gold Vs Dollar: How does dollar affect gold price?

Gold has had a phenomenal run for the last three years. Most investors, including market analysts, were caught off guard by the continuous record highs in gold prices. After rising more than 20% in 2023 and 2024, gold is already up over 27% so far in 2025. Gold reached its all-time high of $3,500 on

Buying a home in 2025? Nearly 50% of all houses sold now cost over Rs 1 crore

Premium homes are gaining popularity in India’s housing market. According to Knight Frank India, nearly half of all residential property sales in the first half of 2025 were for homes priced above Rs 1 crore. This marks a clear shift in buyer preference towards larger and more luxurious homes, highlighting a growing trend of premiumisation

Reliance Infrastructure and Reliance Power distance themselves from Reliance Communication amid ongoing dispute with SBI

Reliance Infrastructure and Reliance Power have issued statements on the ongoing dispute between Reliance Communications and the State Bank of India. In their statements, both companies have distanced themselves from Reliance Communications as SBI accuses the latter of committing fraud.  In separate statements, Reliance Infrastructure and Reliance Power said that both companies are separate and

The great Indian IPO rush: 65 IPOs awaiting SEBI nod and Rs 5 lakh crore pipeline – What’s fuelling the frenzy?

56 IPOs done, 65 awaiting SEBI approval and a pipeline of 211 DRHPs already approved last fiscal. The 2025 version of the great Indian IPO rush is mindboggling. What started as a trickle, is slowly taking up humongous proportion. Literally every second day, you get to hear about a mega Rs 10,000 crore plus issue.

Central govt pensioners will get LTC benefit like serving employees? Here’s what Centre says

Will government pensioners be able to avail the benefit of “LTC” (Leave Travel Concession) even after retirement? This question has been in discussion for some time and now the response of the central government has also come to the fore. The central government has come out with a formal statement for the first time on

Paras Defence bags Rs 22 crore order from French defence firm, Cerbair

Paras Defence and Space Technologies has received a letter of intent for an order worth Rs 22.21 crore from the French defence company Cerbair.  In a filing exchange, Paras Defence said that it has received the Letter of Interest for 30 units of  CHIMERA 200, an anti-drone technology.  ALSO READIREDA accelerates clean energy financing in

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EPF, NPS, PPF: How much should you invest in these schemes monthly to build a Rs 5 crore retirement corpus?

Retirement planning has become more important now than ever. Given the rising inflation, increase in life expectancy and limited social security facilities, retirement planning is no longer an option but a necessity. If you are in your 30s and want to have a strong retirement corpus at the age of 60, it is important to

Delhi NCR’s real estate rates on fire: Record office deals and Rs 50 crore home sales surge—What’s fuelling the twin boom?

From buzzing office towers in Gurugram to multi-crore luxury apartments in Delhi’s prime locations, NCR’s real estate market is scripting a tale of two booming segments. In the first half of 2025, the region not only recorded its highest-ever office leasing activity but also led the country in ultra-luxury home sales, according to a new

Markets trend higher in afternoon trade. Nifty above 25,500, Sensex advances 270 points—5 key highlights

Indian equity markets closed the session on a higher note, scaling in the later hours of the trade. The Nifty 50 closed the session 0.24% higher at 25,523, and the Sensex ended the day 270 points higher at 83,712.  In line with the overall market sentiments, the Nifty Bank settled over 300 points higher at

Best FD rates July 2025: Senior citizens can still earn up to 8.8% on THESE bank FDs

In recent months, many banks have cut their fixed deposit (FD) interest rates in the wake of the RBI’s 100 basis points cut in the repo rate since February 2025. Despite this, some banks are still offering attractive interest rates on fixed deposits for senior citizens. These banks are small finance banks, which always have

Capgemini to buy WNS at 17% premium, for $76.50/share in all-cash deal

French IT services giant Capgemini has announced its plan to acquire India-based outsourcing firm WNS for $3.3 billion in cash. The deal values WNS shares at $76.50 each, reflecting a 17 per cent premium over its closing price on July 3. The transaction excludes WNS’s existing financial debt, Capgemini clarified in a press release issued