Banking And Finance
Income-tax notice after family member’s death? ITAT ruling in ₹8.71 crore case offers key lessons for legal heirs
Taxpayers continue to receive reassessment notices years after filing their original returns, even in cases involving deceased individuals. A landmark Delhi ruling remains relevant for families facing notices being issued…
Is your mutual fund sitting on too much cash? Experts explain what the cash level actually tells you
A rise in a mutual fund’s cash allocation can easily be mistaken for a warning that the fund manager expects the stock market to fall. But experts say investors should…
Market
Graphite India rallies near 8-year high, HEG surges as GrafTech announces 30% price hike
and HEG rallied sharply on Wednesday after global graphite electrode leader US-based GrafTech International announced a minimum 30 per cent price hike. Graphite India shares surged 18.4 per cent to…
Indian bonds dip on oil pain; ample cash curbs sales
Indian government bonds edged lower early on Wednesday as rising oil prices stoked inflation concerns, though ample banking liquidity limited selling. The benchmark 6.94 per cent 2036 bond yielded 6.9525…
IFGL Refractories shares surge 12%, jump 42% in 6 months; time to book profits or buy more?
IFGL Refractories share price surged 12% in intraday deals on the BSE on Wednesday, 9 September, despite weak stock market sentiment. IFGL Refractories share price opened at ₹205.95 against its…
Orient Green Power share price rises 9% after this update. Do you own?
Orient Green Power share price rallied as much as 9% on NSE in Wednesday’s trading session after credit rating agency ICRA has assigned the credit ratings for its operating subsidiaries,…
Market
Spinny overtakes Cars24 in India’s ₹4 lakh crore used-car market
India’s ₹4 lakh crore used-car market is estimated to have grown 8-10 per cent in FY26, but the combined revenue of leading online players Cars24, Spinny and Droom rose by…
Vedanta Group invests ₹21,000 crore on capacity expansion in FY’26
Vedanta Group, a leading global producer of metals, oil & gas, critical minerals, power and technology, has invested over ₹21,000 crore through FY26 in ongoing projects for metal production and…
MRPL operating at 105% to 108% of oil-refining capacity, official says
India’s refinery capacity utilisation has been at 105% to 108% over the last six months, a senior official from refiner Mangalore Refinery and Petrochemicals said on Wednesday, adding that higher…
Singapore Airlines said to seek tougher terms for any fresh Air India funding
Singapore Airlines, backed by state investor Temasek Holdings Pte, is expected to seek greater influence over management and stronger governance rights before approving a capital injection into Air India Ltd.,…
Axis
