Deadline to file ITR extended to September 15 amid systems tweaks
The income tax department has extended the deadline for individual tax return filings to September 15, prompted by significant revisions to tax laws and ITR ...
India’s trade deal with US could unlock new export and market opportunities: Finance ministry report
India and the US are in trade agreement negotiations, aiming to boost exports and market access. India seeks exemption from US tariffs, while the nation’s ...
Indian exports resume through Red Sea as route tensions ease
Indian export shipments are cautiously resuming through the Red Sea corridor after months of disruption due to Houthi militant attacks. This vital route, crucial for ...
IndiGo faces over Rs 2.76 crore in customs fines, airline to contest orders
IndiGo faces penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, which the airline intends to challenge, asserting that all duties were ...
LIC Q4 profit soars 38% to Rs 19,013 crore; stake acquisition in health insurer to be decided in 2-3 months
Life Insurance Corporation of India announced a significant profit increase. The net profit rose by 38% in the fourth quarter. This is due to reduced ...
Rakesh Gangwal, family trust offload 5.72% stake in IndiGo worth Rs 11,564 crore
Rakesh Gangwal and the Chinkerpoo Family Trust have further reduced their stake in IndiGo operator InterGlobe Aviation by 5.72%, garnering ₹11,564 crore through open market ...
Remittances tax: How Donald Trump’s ‘The One Big Beautiful Bill’ may turn out to be ugly for Indians in the US
A proposed US bill, dubbed ‘The One Big Beautiful Bill,’ could impose a 3.5% remittance tax on money transfers from the US to India by ...
FDI slips in FY25 Q4 but annual inflows hit three-year high
India’s FDI inflows experienced a decline of 24.5% in the January-March quarter of 2024-25, totaling $9.34 billion. Despite this quarterly dip, the financial year saw ...
Nvidia shares rise ahead of earnings as investors eye impact of US chip curbs on China
Nvidia’s shares rose ahead of its earnings report, as investors closely monitor the impact of US export restrictions on its China business. These restrictions, particularly ...
Japan loses position as world’s largest creditor nation as Germany claims title after 34 years
In a historic shift, Germany has overtaken Japan as the world’s leading creditor nation after 34 years, despite Japan’s record ¥533.05 trillion in net external ...
