New Delhi, Aug 1 — More than 5.9 crore income tax returns (ITRs) have been filed for the Assessment Year (AY) 2026-27 by the July 31 deadline, the Income Tax Department said on Saturday, while thanking taxpayers for their timely compliance.In a post on social media platform X, the department said,…
New Delhi, Aug 1 — August brings a slew of financial deadlines and events that could affect taxpayers and banking customers, including an August 31 income tax return (ITR) deadline for businesses and professionals, the Reserve Bank of India's Monetary Policy Committee (MPC) meeting and bank service…
New Delhi, Aug 1 — Continuing a robust trend, India’s gross goods and services tax (GST) collections surged 15.4 per cent (year-on-year) to Rs 2.11 lakh crore in July — fastest in 14 months, the government data showed on Saturday.This is the second time this fiscal (FY27) that monthly collections…
New Delhi, Aug 1 — The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in its Monetary Policy Committee (MPC) meeting this month, as consumer price inflation is expected to remain above 5 per cent for the next two quarters and Q1 FY27 domestic product growth may exceed about 7…
Seoul, Aug 1 — South Korea's monthly exports soared to the second highest ever by moving up nearly 63 per cent in July from a year earlier, data showed on Saturday, amid solid global demand for memory chips.Outbound shipments came to $98.89 billion in July, according to the Ministry of Trade,…
New Delhi, Aug 1 — By creating a robust offshore exploration ecosystem through better data, risk-sharing, common infrastructure and domestic manufacturing capabilities, the ‘Samudra Manthan’ scheme will enable India to build national capability in deepwater exploration and production, strengthen…
Mumbai, Aug 1 — Market regulator SEBI has barred Zee Entertainment Enterprises Ltd (ZEEL) and two of its top executives, Punit Goenka and Subhash Chandra, from the securities market after finding that ZEEL’s Hyderabad land was mortgaged against loans availed by Essel Group entities without…
Mumbai, Aug 1 — The Indian equity benchmarks posted strong weekly gains as crude prices eased, alleviating global inflationary concerns.Nifty jumped 2.59 per cent during the week and edged up 0.27 per cent on the last trading day to reach 24,383. At close, Sensex was up 166 points, or 0.21 per…
New Delhi, July 31 — India's private equity (PE) and venture capital (VC) fundraises more than doubled to $21.2 billion across 48 funds in the first half (H1) of 2026, reflecting strong investor confidence despite a slowdown in deal activity, according to a report released on Friday.A report by…
New Delhi, July 31 — Passengers travelling by train can now book and pay for excess luggage online while reserving their tickets, as Indian Railways on Friday rolled out a new digital facility aimed at making the travel process more convenient.The service integrates excess luggage booking with the…
New Delhi, July 31 — Petrol prices in Delhi would have risen to around Rs 125 per litre during the recent West Asian crisis without ethanol blending, the government said on Friday, claiming the programme helped consumers save nearly Rs 30 per litre by cushioning the impact of the global crude oil…
Mumbai, July 31 — Shares of Thermax Limited came under intense selling pressure on Friday after the company reported a steep decline in earnings for the June quarter, with investors reacting sharply to the weak profitability and a significant cost overrun in one of its projects.The stock fell as…
New Delhi, July 31 — While for the last 20 years, Western governments have seen India as indispensable to the 21st-century order, they have not matched this with capital investment which has instead been flowing into China over the last 30 years and created a strategic adversary, according to an…
New Delhi, July 31 — The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the first-ever air shipment of Karnataka's Neelam and Totapuri mangoes to the Maldives to promote India's late-season mango varieties in overseas markets, an official statement…
New Delhi, July 31 — Most privacy incidents will arise from AI‑generated inferences about individuals by 2029, rather than from direct exposure of personally identifiable information (PII), a report said on Friday.The report from Gartner, Inc said advances in generative AI and machine learning…
New Delhi, July 31 — More than 5.5 crore income tax returns (ITRs) have been filed so far for Assessment Year (AY) 2026-27, the Income Tax Department said on Friday, as taxpayers rushed to complete the filing process on the last day of the deadline.In a post on social media platform X, the…
New Delhi, July 31 — IBM and homegrown AI startup Sarvam have partnered to accelerate the development and adoption of sovereign artificial intelligence (AI) technologies in India, with a focus on government agencies, public sector organisations and regulated enterprises, according to a statement on…
New Delhi, July 31 — The government on Friday said that media reports regarding the alleged conflict of interest in the disbursement of funds to companies under the Research, Development and Innovation (RDI) Scheme by the Technology Development Board (TDB) are “misleading, incorrect, and lack…
New Delhi, July 31 — The Ministry of Ayush has signed a memorandum of understanding with IndiaAI, the Ministry of Electronics and Information Technology, to accelerate AI‑driven innovation in the Ayush sector, strengthen research, digital health and capacity building, an official statement said on…
New Delhi, July 31 — Apple is expected to outperform the broader smartphone industry despite mounting component cost pressures driven by the strength of its ecosystem, pricing power and loyal customer base, industry experts said on Friday after the company reported record June-quarter…
New Delhi, July 31 — Union Finance Minister Nirmala Sitharaman on Friday hailed Hyderabad-based space startup TakeMe2Space after its 'PowerBank-50' became India's first indigenously developed satellite battery to earn the coveted flight heritage status.Reacting to the milestone on social media…