NEW DELHI: Income-tax refunds are facing unusual delays this assessment year, with tax professionals flagging longer processing times even for routine filings. CBDT data shows personal income-tax refunds have fallen to Rs 88,548 crore by early November, compared to Rs 1.42 lakh crore a year earlier. Total refund outgo up to November 10 stands at…
IndiGo continues to face disruptions IndiGo continues to face disruptions in India due to multiple reasons. On Wednesday alone, over 200 flights were cancelled across different cities in India, sending waves of frustration among flyers. The airline has been facing significant disruptions for the past few days due to multiple reasons, as per their official…
Since April 2, following Trump’s reciprocal tariff announcement, the currency has depreciated by 5.5%. (AI image) The rupee continued its downward journey against the US dollar on Thursday, slumping to a record low of 90.43 in early trade. The Indian rupee crossed the significant 90-level barrier against the US dollar on Wednesday, reaching an intra-day…
Chainlink’s native token LINK rallied Wednesday7% over the past 24 hours, outpacing the broader crypto market as traders responded to the debut of the first U.S.-listed spot Chainlink ETF. The Grayscale Chainlink Trust ETF (GLNK), converted from a closed-end fund and traded on NYSE Arca, brought in $37 million in net inflows on its first…
Market analysts anticipate range-bound trading in the short term, with focus on currency movements, RBI policy signals, and trade talk progress. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in red on Thursday. While Nifty50 was below 26,000, BSE Sensex was down nearly 100 points. At 9:19 AM, Nifty50…
NAGPUR: A 35-year-old woman and her 17-year-old son, while trying to fight off an alleged rape bid on the mother, ended up killing a contractor at the construction site where they were working in June. While the mother of four languished in prison, the children’s father, who had supposedly tormented the family for years, allegedly…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. A new CryptoQuant report suggests that Strategy is quietly preparing for a…
CHANDIGARH: “The very essence of a welfare state is compromised when the instrumentalities of the state become a source of protracted litigation,” Punjab and Haryana HC observed recently, while reprimanding Punjab govt for its apathy in not absorbing a former worker of Anandpur Sahib Hydel Project for over three decades.Justice Harpreet Singh Brar ordered the…
Jaguar Land Rover has reportedly removed its long-time design chief Gerry McGovern in a sudden and unexpected move, just days after P B Balaji stepped in as the new CEO. According to AutoCar India, McGovern, 69, was asked to leave on Monday. The reason for his dismissal is not clear.The development brings an abrupt close…
MUMBAI: Reliance Retail Ventures has appointed former Flipkart executive Jeyandran Venugopal as president & CEO as the company prepares for an IPO.Jeyandran’s mandate is to strengthen the retail portfolio, accelerate omni-channel growth and drive technical and operational excellence. He will work closely with Isha Ambani, executive director at Reliance Retail Ventures and the leadership team…
