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Can you legally claim both HRA and home loan interest deduction in ITR? Here’s what income tax rules say

ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if they can claim both House Rent Allowance (HRA) and home loan interest deduction benefits. So, the answer is ‘yes’, it is legally possible since many taxpayers live on rent and also pay

Adani Total Gas partners Jio-BP: Can it boost retail fuel sales?

In a major development in India’s private retail energy sector, Adani Total and Jio BP have partnered to integrate each other’s energy products at their retail outlets. According to an Adani Total Gas statement, while Adani Total Gas outlets will offer Jio BP’s petrol and diesel at their outlets, Jio BP will integrate Adani Total

Markets close higher for 2nd straight session. Nifty ends near day’s high, Sensex up 700 points – 5 key highlights

Indian equity markets ended higher in Wednesday’s session on a higher note, near day’s high, as the geopolitical tension between Iran and Israel eased.  The Nifty 50 closed the session 200 points or 0.80% higher at 25,244, the Sensex rose 700 points or 0.85% to end at 82,755.  In line with the overall bullish market

ITR Filing 2025: When will offline utilities for ITR-2 and ITR-3 be released? Users seek clarity

The Income Tax Department has so far released only the offline and online utilities of ITR-1 and ITR-4 to enable income tax return (ITR) filing. However, corresponding utilities for other ITR forms, including ITR 2 and 3, are yet to be made available. While the last date for filing returns has been extended to 15

Starbucks India witnessing store level profitability, says Tata Consumer – Here’s what’s hurting the margins

Despite achieving profitability at the store level, Tata Starbucks—the 50:50 joint venture between Tata Consumer Products Ltd (TCPL) and Starbucks—is grappling with rising losses driven by rapid expansion, said a top executive from Tata Group. While addressing shareholders at the company’s 62nd Annual General Meeting, PB Balaji, Group CFO of Tata Motors and non-executive director

Markets end off lows, tech under pressure; Mid and small caps outperform – 5 key highlights

The Indian headline indices ended the session in the red on Monday, dragged down by weakness in heavyweight IT and auto stocks. The Sensex closed at 81,896.79, down by 511.38 points or 0.62%, while the Nifty settled at 24,971.90, slipping 140.50 points or 0.565. The Nifty Bank index ended the day at 56,059.35, down 0.34%.

Israel-Iran conflict to push up marine premiums as insurers invoke war cover

The escalating conflict between Israel and Iran is expected to harden India’s marine insurance market, with annual premiums of over ₹5,000 crore. Industry players are warning of a spike in freight costs and insurance premiums due to mandatory war cover for vessels transiting the Red Sea en route to West Asia and Europe. A spokesperson

Jaguar Land Rover may face $2.1 billion tariff blow: Tata chairman outlines damage control strategy at AGM

Tata Group chairman N Chandrasekaran during Tata Motors’ 80th annual general meeting on Friday said Tata Motors-owned Jaguar Land Rover may face up to £1.6 billion ($2.1 billion) in tariff impacts due to new US trade measures. However, he added that mitigation efforts are underway to reduce the impact to around £600 million. “Tariff is

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Can you legally claim both HRA and home loan interest deduction in ITR? Here’s what income tax rules say

ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if they can claim both House Rent Allowance (HRA) and home loan interest deduction benefits. So, the answer is ‘yes’, it is legally possible since many taxpayers live on rent and also pay

Adani Total Gas partners Jio-BP: Can it boost retail fuel sales?

In a major development in India’s private retail energy sector, Adani Total and Jio BP have partnered to integrate each other’s energy products at their retail outlets. According to an Adani Total Gas statement, while Adani Total Gas outlets will offer Jio BP’s petrol and diesel at their outlets, Jio BP will integrate Adani Total

Markets close higher for 2nd straight session. Nifty ends near day’s high, Sensex up 700 points – 5 key highlights

Indian equity markets ended higher in Wednesday’s session on a higher note, near day’s high, as the geopolitical tension between Iran and Israel eased.  The Nifty 50 closed the session 200 points or 0.80% higher at 25,244, the Sensex rose 700 points or 0.85% to end at 82,755.  In line with the overall bullish market

Which are the most affordable cities to buy a home in India in 2025? Here’s how much you pay in EMIs

In the wake of RBI repo rate cuts in the last around 6 months, the affordability of homes for buyers has improved across eight major cities in the country in the first half of this year, according to a report. According to Knight Frank India’s latest Affordability Index for H1 2025, housing affordability has improved

Novo Nordisk eyes Rs 8,600 crore India sales with weight-loss drug Wegovy

Danish pharma giant Novo Nordisk is preparing for a major push in India with its blockbuster weight-loss drug Wegovy (semaglutide), according to a report by The Economic Times. The company is targeting sales of $1 billion (around Rs 8,600 crore) in the next five -seven years. The Economic Times, citing sources, reports that a pan-India