The Income Tax Department has notified ITR-1 and ITR-4 forms for Assessment Year 2025-26. These forms are meant for individuals and entities with an annual income of up to Rs 50 lakh, marking the beginning of the ITR filing process for Financial Year 2024-25. ALSO READIncome Tax Returns: New ITR-1 form explained – What are
Zoho has suspended its semiconductor chip manufacturing plans. It had planned to invest about $700 million to establish semiconductor manufacturing facilities. The company was unable to find the right technology partner for its semiconductor businesses, Reuters reported. Sridhar Vembu, Zoho’s founder, said in a post on X that the semiconductor manufacturing business is very capital-intensive
When solar and transmission line gearmaker Karamtara Engineering gears up for its IPO, it is not just the market watchers who are paying attention. In fact, bollywood and cricket stars are also in action too. Big names like Ranbir Kapoor, Aamir Khan, Karan Johar, Rohit Sharma, and Jasprit Bumrah have backed the company with multi
The month of May will usher in several financial changes — from an increase in ATM cash withdrawal fees to updated rules for booking railway tickets. The recent RBI repo rate cut will prompt a dip in home loan interest rates while bank mergers in 11 states may affect others. Taxpayers will also be able
Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday released its fiscal fourth quarter earnings with a profit growth 47.78 per cent on-year. Profit for the period came in at Rs 3,014.22 crore in comparison to Rs 2,039.66 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 8,488.44
For over a year now, Vedanta’s much talked about demerger plan has kept Dalal Street buzzing. The question now is when is the demerger likely? Billionaire Anil Agarwal’s mining to metals giant has indicated that the long anticipated split of Vedanta into five separate entities is firmly on track and is potentially expected by September
Akshaya Tritiya, as you may know, is one of the most auspicious days or muhurat to buy gold. The word Akshaya in Sanskrit means “never decreasing”, and since it is the third lunar day of the bright half of the spring season, it is called Tritiya. Akshaya Tritiya falls on the third day of the month of Vaishakh
PepsiCo bottler Varun Beverages Ltd on Wednesday released its quarter earnings report for the Q1 of CY2025 with profit at Rs 726.49 crore, posting a growth of 35.22 per cent in comparison to Rs 537.27 crore recorded during the corresponding quarter of previous year. It posted revenue from operations at Rs 5680.03 crore, up 29.15
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
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
Petrol prices in India currently stand at Rs 101 per litre amid continued volatility in global oil prices — with many neighbouring countries selling fuel at significantly lower prices. The cost is also Rs 21 more than petrol prices paid by people in the US as well as Pakistan. Data that has since gone viral
Yashwant Singh, a scion of a royal family from Rajasthan, has purchased a luxury bungalow in Delhi’s elite Golf Links neighbourhood for Rs 100 crore, according to property registration documents obtained via CRE Matrix. The luxurious property, sprawling over 588.97 sq m of land with an impressive built-up area of 867.33 sq m, features a
Reliance Industries is gearing up for its next big leap, charting an ambitious course to unlock its next $50 billion in value creation from its current $240+ billion market cap, by betting big on green energy and generative AI. Backed by strong legacy cash flows and a bold reinvention plan, the Mukesh Ambani-led conglomerate could
