Why FCNR deposits at 6-7.1% rates are attractive for NRIs

Section 143(2) explained: Why the Income Tax Department may scrutinise your ITR this year

The Central Board of Direct Taxes (CBDT) has strengthened the scrutiny framework under Section 143(2) of the Income Tax Act. This Section governs the detailed analysis and examination of Income…

RBI flags rising money mule fraud: Why sharing your bank account can be dangerous

The (RBI) has cautioned customers against allowing their bank accounts to be used by third parties for receiving or transferring money, warning that such arrangements are often linked to cybercrime…

Mumbai Coastal Road North: How will it impact real estate markets along the western corridor

Maharashtra Chief Minister Devendra Fadnavis has said the Mumbai Coastal Road North project will decongest the Western Express Highway, which carries around 60% of the city’s traffic, and confirmed that…

Sensex zooms 735 points, Nifty above 23,850: 10 key highlights from Indian stock market today

Stock market today: Significant de-escalation in geopolitical tensions following the announcement of a peace deal by the US and Iran powered global risk assets, including Indian stocks, on Monday, 15…

OMC stocks rally up to 5.5% as crude oil crashes on US-Iran peace deal; Brent hits 3-month low

Shares of oil marketing companies (OMCs) rallied up to 5% on Monday, 15 June, amid easing crude oil prices following the announcement of a peace deal between the US and…

Why the US-Iran peace deal is good news for India

After months of conflict in the Middle East that sent crude oil prices soaring, weakened the rupee and raised fears of a global energy crisis, the reported US-Iran agreement to…

Sensex ends 736 points higher, Nifty above 23,800; IndiGo up 4%

Stock markets ended sharply higher on Monday, extending their rally as easing tensions in West Asia and a sharp fall in crude oil prices boosted investor confidence. The interim US-Iran…

Silver jumps over ₹6,000 in futures trade as US-Iran deal boosts sentiment

Silver prices rallied by ₹6,066 to ₹2.52 lakh per kilogram in futures trade on Monday as easing geopolitical tensions in West Asia and a weaker US dollar improved sentiment in…

India’s merchandise exports jump 18% in May; trade deficit widens to $28.21 billion

India’s merchandise exports climbed 18% in May, led by outbound shipments of engineering goods, petroleum products and electronics goods. Merchandise exports were estimated at $45.20 billion last month, up from…