Banking And Finance
Can I-T dept raise tax over alleged cash paid for property? ITAT clarifies
Can the Department add undisclosed income to a taxpayer’s return merely because documents recovered during a search on a developer suggest an “on-money” payment? The Mumbai bench of the Income…
Gold, Silver Rate Today: Check live price of 22K, 24K, 18K gold & silver on 28 June 2026 in Mumbai, Delhi, other cities
Gold, Silver rates today: Price of the yellow metal rose last week to over $4,000 an ounce on United States inflation data, which cooled fears of the Federal Reserve’s interest…
EPFO update: Want to check status, passbook? Official portal, Umang app to be available this week — Check dates, details
EPFO update: The official portal of the Employees’ Provident Fund Organisation and its mobile application Umang, are both unavailable for use by EPF members due to a scheduled system upgrade.…
Market
Turtlemint Fintech IPO GMP signals discounted market debut on 29 June; check subscription and other details
Turtlemint Fintech Solutions IPO: The initial public offering (IPO) of Turtlemint Fintech Solutions, which was open for subscription from June 19 to 239, received muted response from investors during its…
India-US trade deal to US-Iran war: Top five triggers that may dictate the Indian stock market this week
Indian stock market: The Indian stock market ended the holiday-shortened week on a positive note, posting modest gains in three of the four trading sessions. Key benchmark reclaimed and held…
What could end the tech rally? Jefferies flags investment risks as China’s cheap AI models threaten US players
The biggest risk to the AI-driven tech rally is not a sudden jump in semiconductor supply but a “sudden realisation by investors that the hyperscalers and the likes of OpenAI…
SpaceX set to join Nasdaq 100, paving way for wave of passive buying
SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, paving the way for a surge in passive investments in Elon…
Market
Matter bets on cooperative bike taxi model to unlock electric motorcycle fleet opportunity
Ahmedabad-based electric motorcycle manufacturer Matter has signed a memorandum of understanding (MoU) with Bharat Taxi to deploy its AERA motorcycles in a three-month pilot, marking what could become one of…
Depth over breadth: Piramal Consumer Healthcare takes a leaf out of the modern FMCG playbook
Piramal Consumer Healthcare is narrowing its focus to fewer, larger bets to navigate an increasingly fierce market, according to chief executive Sai Ramana Ponugoti. Borrowing a page from other consumer…
Asian Paints is still searching for that perfect finish in home decor
Mumbai: What began as a diversification strategy into adjacent lines of business is now stagnating for Asian Paints. Its home decor brands, including sanitaryware brand Ess Ess, kitchen brand Sleek,…
West Asia Effect: Think Gas targets to add 4-5 lakh PNG consumers by December 2026
Think Gas is targeting to add 4-5 lakh piped natural gas (PNG) consumers by December 2026 as the country’s second largest city gas distribution (CGD) firm aims to tap the…
Axis
