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Over 7 crore ITRs have already been filed for AY 2026-27
BUSINESS

Over 7 crore ITRs have already been filed for AY 2026-27

New Delhi, Aug 28 — More than 7 crore income tax returns (ITRs) have already been filed for Assessment Year (AY) 2026-27, the Income Tax Department said on Friday, urging taxpayers with business or professional income to complete their filings ahead of the deadline.In a post on social media…

Sensex rises 193 points, Nifty gains as IT stocks drive early trade
BUSINESS

Sensex rises 193 points, Nifty gains as IT stocks drive early trade

Mumbai, Aug 28 — The benchmark equity indices opened higher on Friday, supported by gains in information technology stocks, while investors remained cautious ahead of US Federal Reserve Chair Kevin Warsh’s remarks at the Jackson Hole Symposium.During early trade, the Sensex was trading 193.02…

Subhash Chandra case: Here're the facts on NCLT order
NATIONAL

Subhash Chandra case: Here're the facts on NCLT order

New Delhi, Aug 27 — There has been widespread reporting that banks have taken a 99.97 per cent haircut on over Rs 22,000 crore of loans to Essel Group founder Subhash Chandra, with the National Company Law Tribunal approving repayment of only around Rs 6.5 crore, but according to government…

S&P affirms India’s 'BBB' credit rating with stable outlook
NATIONAL

S&P affirms India’s 'BBB' credit rating with stable outlook

New Delhi, Aug 27 — Global ratings agency S&P on Thursday affirmed its 'BBB' long-term and 'A-2' short-term sovereign credit ratings on India with a stable outlook, reflecting its expectation that policy stability and high infrastructure investment will support the country’s growth…

No move to replace E20 petrol with E10: BPCL chief
NATIONAL

No move to replace E20 petrol with E10: BPCL chief

New Delhi, Aug 27 — Bharat Petroleum Corporation Ltd Chairman and Managing Director Sanjay Khanna said on Thursday that there is no proposal to replace E20 petrol with E10, clarifying that the current debate is over whether older vehicles should have access to a lower-ethanol blend with 10 per cent…