Delhi High Court has held that ignorance of tax laws, lack of awareness of deductions, or general assertions of hardship do not constitute “genuine hardship”. (AI image) In a significant ruling on the scope of condonation powers under the Income Tax Act, the Delhi High Court has held that ignorance of tax laws, lack of…
Small businesses across the United States that rely on federal contracts and funding are facing a severe cash crunch as the country’s longest-ever government shutdown stretches into its seventh week, forcing owners to cut costs, delay payments, and even consider layoffs, according to AP report.Lawmakers are returning to Washington to vote on a stopgap funding…
Improving global risk appetite and a strong rally in equities helped nine of India’s 10 most valuable companies add a combined Rs 2.15 lakh crore in market valuation last week, with Bharti Airtel emerging as the biggest gainer.The benchmark BSE Sensex climbed 1,274.95 points, or 1.68%, during the week, PTI reported.“Indian equity markets extended their…
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File photo: Defense minister Rajnath Singh (Picture credit: PTI) NEW DELHI: Defense minister Rajnath Singh on Tuesday said Operation Sindoor had sent a clear signal that India responds firmly when pushed, drawing a parallel between the government’s action against terrorism and the decisive leadership of Sardar Vallabhbhai Patel. Speaking at the ‘Sardar Sabha’ in Vadodara’s…
Russia’s share of India’s crude oil imports in March 2026 placed the month at the upper end of historical high. (AI image) In early March, India was staring at a possible crude oil supply problem – the US-Iran war caused the Strait of Hormuz through which 20% of global crude transits to be effectively closed….
NEW DELHI: Amid the ongoing blockade of the Strait of Hormuz and resultant spike in crude oil prices, the Indian Navy has made public its maritime security strategy, released recently by Navy chief Admiral D K Tripathi, which mentions Hormuz as “primary area” of interest, among other such “choke points”.Maritime choke points in the Indian…
A fast 36% reset for bitcoin marked by unusual dominance behavior and a market wide deleveraging. Source link
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