Banking And Finance
From HRA to NPS: 6 reasons old tax regime still helps you save more tax
The new tax regime has been gaining popularity thanks to its simpler tax slabs and lower rates. For many taxpayers, it appears to be the easier option. But does simpler…
Form 15G vs Form 15H explained: Who can submit these forms to avoid TDS on interest income?
Tax Deducted at Source () on interest income can reduce the amount credited to your bank account even when your total income in a financial year is not taxable. To…
Banks boost renewable energy credit by 7% in April amid energy security concerns
Kolkata: Banks gave more credit to renewables in April, indicating their willingness to fund an increasing number of projects in the sector, after in West Asia reinforced India’s persistent vulnerability…
Think you don’t need to file an ITR? Check these 9 triggers first
Most taxpayers associate return (ITR) filing with one simple rule: if income exceeds the prescribed exemption limit, a return must be filed. But the Income Tax Act casts a wider…
Market
Crude oil prices drop near four-month low as Strait of Hormuz flows normalize; Can oil sink below $50 a barrel?
Crude oil prices extended their decline on Wednesday, hovering near four-month lows, as oil shipments through the Strait of Hormuz — a crucial route for global energy trade — normalized…
Bajaj Auto buyback record date today; shares decline 3% intraday. Details here
Bajaj Auto share price fell as much as 2.88% on NSE in Wednesday’s trading session on the share buyback record date. The fall in the share price also came after…
Waterways Leisure Tourism IPO Day 2: GMP, subscription status, price band, review, other key details. Apply or not?
Waterways Leisure Tourism IPO: The initial public offering (IPO) of ocean cruise operator Waterways Leisure Tourism Ltd has entered its second day of bidding process today, and has been receiving…
Sri Priyanka Geo Commex IPO day 1: GMP, subscription status, price band, other details of NSE SME IPO in 10 key points
Sri Priyanka Geo Commex IPO day 1: The initial public offering (IPO) of FMCG company, Sri Priyanka Geo Commex, opened for public subscription on Wednesday, 24 June. The SME IPO…
Market
Infosys sees $300-400 bn AI services opportunity by 2030: Nilekani
Artificial Intelligence will not replace IT services companies but will instead create a $300-400 billion AI-first services market by 2030, according to Infosys Chairman Nandan Nilekani. Addressing shareholder concerns over the impact of AI…
JAMCO Interiors plans $150-million investment in India, to expand engineering and supply chain operations in India
JAMCO Interiors plans to invest $150 million over the next three-four years in India. The company is set to open a new engineering facility in Bengaluru’s Bannerghatta, while expanding its…
Ola Electric secures BIS Certification for LFP 46100 cell
Ola Electric Mobility has officially announced that its wholly-owned subsidiary, Ola Cell Technologies, has secured Bureau of Indian Standards (BIS) certification for its indigenously-developed LFP 46100 cylindrical cell. In addition…
Retailers recorded 5% growth in May amidst inflationary pressures
Retailers in the country recorded a 5 per cent year-on-year sales growth in May and was sequentially lower than April due to inflationary pressures, as per the monthly business survey…
Axis
