As India prepares to implement the new Income-tax Act from 1 April 2026, expectations of major tax changes may need to be calibrated. By Parizad SirwallaBudget 2026 income tax expectations: Finance Minister will present Union Budget 2026 in the backdrop of uncertain geopolitical dynamics, volatile capital markets, diverse regulatory reforms (e.g. new income tax act,…
US natural gas futures surged to around $3.50, gaining about 8.35 per cent in a single session, extending an already historic rally that has seen prices rise nearly 60 per cent over the past three days. Trading volumes remained heavy, reflecting intense repositioning in the market as traders reacted to tightening supply-demand dynamics.The sharp rise…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmarks, rallied strongly in opening trade on Thursday as Donald Trump’s remarks on Greenland and withdrawal of tariff threat on EU eased investors’ fears. While Nifty50 went above 25,300, BSE Sensex was up over 560 points. At 9:16 AM, Nifty50…
Top stocks to buy or sell today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Swiggy, Godrej Consumer Products, while GAIL is a sell call. Here’s his view on Nifty, Bank Nifty, and the top…
NEW DELHI In a bid to improve credit flow to small businesses, the Union cabinet on Wednesday approved equity support of Rs 5,000 crore to Small Industries Development Bank of India (Sidbi), with the money to flow in three tranches.Govt will pump in Rs 3,000 crore in 2025-26 at the book value of Rs 568.7…
MUMBAI: The rupee on Wednesday closed at 91.70 against the dollar, down 72 paise from Tuesday’s close of 90.98, as global bond market weakness, geopolitical tensions and persistent capital outflows weighed on sentiment, pushing the currency to a fresh all-time intraday low of 91.74.The currency weakened steadily through the session, marking its sixth consecutive day…
In daily life, most people focus on how much tax they pay, but rarely on when and how it is collected. An increasingly visible part of India’s tax ecosystem is tax collected at source (TCS), which requires a portion of tax to be collected upfront on certain transactions. For many taxpayers, the timing of this…
MUMBAI: Unabated rally in gold and silver prices continued with the yellow metal trading near the $4,900 per-ounce mark, an all-time high level while the white metal traded near the $95/oz mark. Geopolitical uncertainties and trade-related disruptions are the main factors for the rally in gold. In addition, demand for silver outstripping supply around the…
MUMBAI: Outward remittances by resident Indians under the Liberalised Remittance Scheme fell in Nov 2025 to a two-year low partly because of a dip in education-related travel and also because of seasonality.Total outflows slipped to $1,937.2 million from $2,364.5 million in Oct, an ~18% sequential drop, and edged below $1,946.4 million in Nov 2024. The…
MUMBAI: Dalal Street witnessed extreme volatility on Wednesday with the sensex rallying from more than 1,000 points down to over 300 points up within a couple of hours. The index finally settled 271 points down at 81,910 points, its first close below the 82,000 mark since Oct 8 last year.Geopolitical and global economic factors were…
