Banking And Finance
Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands
Transferring money to your spouse may seem like a smart move to reduce your tax liability but the income tax law sees through it. For instance, if you transfer funds…
How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore
For 29-year-old Eric Chan, medicine and aviation have always gone hand in hand. Now, after completing his family medicine residency, he is preparing to combine both interests by training as…
Bought a flat but possession was delayed? Here’s what Supreme Court ruled on Delhi homebuyer’s case
Delayed possession is one of the most common grievances faced by homebuyers, often forcing them to wait years beyond the promised delivery date. This may become a financial burden for…
My resignation a call of conscience, not an allegation requiring legal review: HDFC’s Atanu Chakraborty
Former Atanu Chakraborty has rejected the bank’s assertion that he failed to cooperate with the external legal review commissioned after his resignation, saying he repeatedly sought the terms of reference…
Market
India eyes discounted Iranian oil after US sanctions waiver
India is keen to take advantage of the 60-day US sanctions waiver on Iranian oil by resuming imports of discounted crude from Tehran, although some refiners may wait to see…
Markets ahead: Fresh tensions in West Asia, crude price movement key factors to watch out this week
Developments on the geopolitical front, with the latest military exchanges involving the US and Iran, their impact on crude oil prices and domestic macroeconomic data announcements would dictate sentiments in…
Gold, silver may face a tough week ahead. Here’s what analysts are saying
Gold and silver are likely to remain under pressure next week as investors assess the impact of renewed hostilities between the US and Iran, movement in crude oil prices and…
Mukul Agrawal-owned multibagger stock will remain in focus tomorrow. Do you own?
Mukul Agrawal-owned multibagger stock will remain in focus on Monday, 29 June, after the company’s board approved a series of fundraising and borrowing initiatives. The board has given the green…
Market
Persistent eyes $5 billion annual revenue by 2031 with mega Nagarro buyout
Persistent Systems Ltd is looking to anchor its long-standing European ambitions and hit a $5 billion revenue target by March 2031 through its largest-ever acquisition, German digital engineering firm Nagarro.…
Raymond’s aerospace vertical growth outpaces precision engineering business
JK Maini Global Aerospace (JKMGAL), the aerospace and defence business of Raymond Ltd (Engineering), is growing faster than its precision engineering business JK Maini Precision Technology (JKMPTL), according to Gautam…
SAEL unveils integrated 5GW solar cell, module manufacturing facility at Jewar
SAEL Industries is setting up an integrated 5 gigawatt (GW) solar module and cell manufacturing facility at Jewar in Uttar Pradesh, which was unveiled by Chief Minister Yogi Adityanath. The…
Athulya Senior Care eyes $30 million fund raise to fuel senior care expansion
The -based Integrated senior care provider Athulya Senior Care is in advanced discussions with private equity investors to raise about $30 million by the end of FY27 to accelerate the…
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