The Income Tax Department disposed of 2.22 lakh appeals in the last financial year, marking a 29% increase over the previous fiscal as part of efforts to reduce disputes and improve taxpayer services, PTI reported.CBDT chairman Ravi Agrawal, in a letter to officials, said actions in the current fiscal (2026-27) should be “guided” by data,…
BlackRock is applying hedge fund strategies to its exchange-traded fund business. Jeffrey Rosenberg, the firm’s senior portfolio manager on the systemic fixed income team, has a leading role in the firm’s liquid alternatives ETFs — which use a long-short strategy in ETF wrappers. He contends the strategy provides valuable diversification amid the recent breakdown in…
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The crypto market held steady on Friday, with bitcoin BTC$72,158.51 trading little changed at $71,700 and ether (ETH) at $2,180, extending the low-volatility price action that has characterized the past few months. Daily Bollinger bands, a technical analysis tool that measures market volatility, are at their narrowest since early 2024. In the past, such a…
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NEW DELHI: West Bengal Chief Minister Mamata Banerjee broke into a traditional dance at an election rally in Tentulia, drawing cheers and claps from the crowd gathered at Tentulia High School in North 24 Parganas. ‘Even snake can be trusted, but not BJP’ Addressing the gathering the Trinamool Congress chief warned voters: “Even a snake…
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Image used for representative purposes A fragile ceasefire between the United States and Iran has injected cautious optimism into one of the world’s most strategically sensitive maritime corridors, the Strait of Hormuz. But despite the diplomatic pause, shipping through the waterway still remains constrained, uneven, and heavily conditioned by security considerations.The strait, which connects the…
