Business

The taxpayer has now received what could be described as a rare opportunity to substantiate his case and contest the Rs 11.22 crore addition. Your income tax return comes under scrutiny and you are given a chance to present your case before ITAT as part of your appeal you propose planting trees. A Haryana resident…

Wall Street kicked off the week on a strong note as a rally in technology and AI-linked stocks pushed the Nasdaq to a record closing high.A sharp rise in chip stocks, easing treasury yields and a drop in crude prices helped lift sentiment, while investors also watched developments around the Middle East and upcoming US-China…

Trump-Xi summit puts tariffs, AI, rare earths and Taiwan in focus Chinese President Xi Jinping arrives in Washington on September 23 for a three-day state visit. When US President Donald Trump welcomes Xi to the White House, the two leaders will have plenty to talk about: tariffs, artificial intelligence, rare earths, Taiwan and Iran.India will…

A price board at a petrol station in Paris, France (Picture credit: Reuters) Diesel prices have surged to record levels in Europe and the United States as wars in Iran and Ukraine disrupt supplies from major producers and damage refineries, leaving limited options to prevent further gains.European diesel futures closed at an all-time high last…

Mutual funds industry hits record Rs 87 lakh crore AUM India’s mutual fund industry reached an all-time high of Rs 87.08 lakh crore in August 2026, adding more than Rs 11.9 lakh crore to its assets over the past year. Industry AUM rose 15.8 per cent year-on-year from Rs 75.19 lakh crore in August 2025….

With September’s outflows, FPIs have now pulled out nearly Rs 2.5 lakh crore from Indian equities so far in 2026. Indian equity benchmarks may have recovered from the lows they hit when the US-Iran conflict broke out but seven months after that the markets are still well below their record highs. Sensex and Nifty are…

Trump administration faces flak from critics over Belarus potash deal amid pressure on India over Russian energy TOI correspondent from Washington: Critics are calling out the Trump administration for hypocrisy and double standards after MAGA supremo Donald Trump announced a potash (fertiliser) deal on Monday with Belarus, a close ally of Moscow, days after he…

File photo: Civil aviation minister K Rammohan Naidu (PTI Photo) The government will not impose a cap on airfares during the upcoming festive season but will advise airlines to keep ticket prices at reasonable levels, civil aviation minister K Rammohan Naidu said on Tuesday.Speaking to reporters on the sidelines of the signing of pacts for…

The report identified several other factors that can contribute to severe corrosion India made the switch from ICF design to LHB coaches in 2003 when the first such German-technology coaches were imported. Since then it has increasingly indigenized the coaches and now manufactures only LHB passenger coaches apart from train sets.But, recently senior railway engineers…

Jewellers remain hopeful that the moderation in demand will prove temporary as the festive calendar progresses. A huge rise in gold prices from the same time last year has led to a drop in gold sales this Ganesh Chaturthi. Gold sales have declined by around 15% year-on-year in volume terms, with consumers either reducing the…