Stock Market Today Live Updates: GIFT Nifty signals positive start for Dalal Street, jumps 105 points

Asian markets traded largely higher, with most major regional indices in positive territory. Hong Kong’s Hang Seng Index gained 126.93 points, or 0.5%, to 25,438.14. South Korea’s KOSPI was the strongest performer among the key markets, rising 1.33%, or 86.96 points, to 6,649.68. Singapore’s Straits Times Index advanced 0.61% to 5,778.92, while Shanghai Composite climbed…

Read More

Fresh investments by pvt cos jump 97% in Q1: CMIE

India’s private sector announced fresh investment projects worth Rs 15.4 lakh core NEW DELHI: Defying expectations, India’s private sector announced fresh investment projects worth Rs 15.4 lakh core in April-June quarter (Q1), a 97% jump compared to corresponding quarter of the previous financial year, latest CMIE data showed. This improvement in confidence was led by…

Read More

High-value tech imports a worry: Auto cos

India’s auto industry is warning that its next big vulnerability may not be vehicle production, but dependence on imported high-value technologies New Delhi: India’s auto industry is warning that its next big vulnerability may not be vehicle production, but dependence on imported high-value technologies, with the chiefs of Hyundai Motor India and Maruti Suzuki calling…

Read More

Canada fund buys 24% in tower firm for $1.3bn

Canada’s La Caisse (formerly CDPQ) has bought a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust MUMBAI: Canada’s La Caisse (formerly CDPQ) has bought a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust for about Rs 12,100 crore ($1.3 billion). Brookfield and its entities will remain the largest shareholder in the company with a 37%…

Read More

He got Rs 30 lakh salary but missed ITR filing after changing jobs due to delayed Form 16; Income Tax department imposed Rs 3.74 lakh penalty, how taxpayer won relief from ITAT

Although the Form 16 was not available to him, Aggarwal’s Form 26AS contained the details of the TDS that had been deducted. Switching jobs comes with the need for increased vigilance on the income tax front. But what if your Form 16 is delayed and you are unable to file your tax return in time…

Read More

A couple sold gold for Rs 20 lakh to buy a home, another family got Rs 80 lakh for a US degree and business: How Indians are unlocking value of idle gold sitting in their lockers

For many Indians these days, the real value of gold may lie not in keeping it locked away, but in unlocking it. They say old is gold, and indeed old gold is turning into a golden opportunity for families in India as prices of the yellow metal rise, yielding an asset that is now increasingly…

Read More