'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against undisclosed income.
After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.
The Trump administration has revoked Harvard University's eligibility to enrol foreign students, raising concerns over the legal status of thousands of students, including nearly 800 from India, currently enrolled at the varsity.
Posco Daewoo, the South Korean conglomerate whose Cielo sedan and Matiz hatchback were once the pride of Indian car owners, is looking to re-enter India. And its return journey is riding on plans to sell electric bikes and e-cycles. The company termed India's robust economic growth and surging consumer demand as reasons behind its comeback plans, saying they make India "one of the world's most promising consumer markets," according to Y S Choi, general manager, Posco Daewoo South Korea.
India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
Former Chief Justice of India T S Thakur has decided to skip the book release function of former R&AW chief A S Dulat's book, "The Chief Minister and The Spy", citing the political storm over certain parts of the book concerning National Conference president Farooq Abdullah. Thakur stated that the controversy and its political overtones would be an embarrassment for him, given his long association with the Abdullah family and his desire to remain apolitical. He also noted that Farooq Abdullah has publicly "disowned, if not denounced" the statements attributed to him in the book. The book release function was scheduled for Friday, April 18, 2020.
'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'
Prime Minister Narendra Modi asserted on Tuesday that India's water will no longer flow outside the country but will be utilized in the nation's interest, a statement seemingly directed at Pakistan following his government's decision to put the Indus Waters Treaty in abeyance after the Pahalgam terror attack. Addressing the ABP Network's 'India@2047' Summit, Modi emphasized his government's focus on interlinking rivers, noting that water used to be a source of conflict among states, before alluding to India's stance against Pakistan while discussing water. He highlighted the finalization of the India-UK free trade agreement as a historic milestone and underscored the importance of prioritizing national interest for achieving objectives and realizing the country's potential. Modi highlighted the country's growth and development under his government's rule, emphasizing its focus on welfare schemes and digitalization. He reiterated his government's commitment to 'Nation First' and pointed to the recent reforms undertaken, including the new Waqf law and the ban on triple talaq, which he said were aimed at benefiting the marginalized sections of society.
What transpired during that drive was one of the most compelling investment pitches made by an Indian state in decades.
The team led by researchers from the University of Hawai'i (UH) at Manoa in the US discovered that these electrons in Earth's plasma sheet are contributing to weathering processes -- breaking down or dissolving of rocks and minerals -- on the Moon's surface.
The three physics laureates -- Pierre Agostini, Ferenc Krausz and Anne L'Huillier have created flashes of light that are short enough to take snapshots of electrons' extremely rapid movements.
While six of them have been held from Punjab, five were nabbed from neighbouring Haryana, and one from Uttar Pradesh.
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.
Assam journalist Dilwar Hussain Mozumder was arrested for a second time on Thursday after being granted bail in a previous case where he was accused of attempting to steal bank documents. The arrest came after Mozumder questioned the Managing Director of the Assam Cooperative Apex Bank Limited about alleged financial irregularities. Assam Chief Minister Himanta Biswa Sarma claimed that Mozumder is not a "recognized journalist" as the government only recognizes journalists from print and electronic media.
India's Sports Minister Mansukh Mandaviya launched the Digilocker facility for athletes, making it mandatory for national federations to digitise certificates and other essential documents of sportspersons within the next year. The initiative, launched in the presence of representatives from 40 National Sports Federations, aims to ensure hassle-free record-keeping and prevent exploitation of athletes. The cloud-based platform, developed by Digital India Corporation (DIC), allows for storage and verification of documents. The ministry has also announced that physical certificates will no longer be considered valid after one year.
'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.
The tax department conducts about 100-150 "full blown" searches and surveys in a financial year, and this enforcement action is not aimed towards the common taxpaying individual or entity.
According to the Department of Pharmaceuticals' annual report for 2024-25, India imported medical devices worth $8.1 billion, while exports stood at $3.7 billion in the financial year 2023-24 (FY24)
These cases are being reopened under Section 147 of the Income Tax Act, which empowers the department to reassess income if it believes that taxable income has escaped assessment.
Alongside the power plant, Chief Minister Banerjee also laid the foundation stone for JSW Industrial Park, which will be spread over 2,000 acres with plug-and-play infrastructure.
Inputs from religious texts, scriptures of local dialects and inspirational word-of-mouth stories will also be included.
India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.
India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.
The Election Commission has issued a notification banning the conduct, publication or publicising of exit polls between 7.00 am to 6.30 pm on February 5 (Wednesday) when votes will be cast for the Delhi assembly and two bypolls in Uttar Pradesh and Tamil Nadu.
In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.
Tata Consultancy Services (TCS), the country's largest player in information-technology (IT) export, has seen a sharp decline in its contribution to the Tata group's market capitalisation in recent years though it remains the most valuable company in the conglomerate. Its 44.8 per cent share in the combined market capitalisation of the listed Tata group companies is the lowest since March 2009 and is down sharply from the all-time high contribution of 74.4 per cent at the end of March 2020.
'There is no independently verified imagery or battlefield evidence to support Pakistan's claim.'
Shakti Dubey has topped the civil services examination 2024, with Harshita Goyal and Dongre Archit Parag getting the second and third ranks, the Union Public Service Commission (UPSC) announced on Tuesday. The top five successful candidates comprise three women and two men. The civil services examination is conducted annually in three stages -- preliminary, main and interview -- by the UPSC to select officers of the Indian Administrative Service (IAS), Indian Foreign Service (IFS) and Indian Police Service (IPS) among others. A total of 1,009 candidates -- 725 men and 284 women -- have been recommended by the UPSC for appointment to various services.
Khushi Kapoor takes us behind the scenes of her Netflix movie, Nadaniyaan, to give us some glimpses into her life on set.
Forget smarts or cheek, there's little novelty to be found in Jewel Thief's juvenile script, barring its now free usage of the F-word to make it sound all hip and adult, observes Sukanya Verma.
The Supreme Court has said police cannot serve notices to accused persons through WhatsApp or other electronic modes under the Criminal Procedure Code or Bhartiya Nagrik Suraksha Sanhita, 2023.
One of the six accused befriended the 20-year-old woman over Instagram months after she started attending a college in Palanpur in 2023.
The Bombay High Court has allowed the police investigation against comedian Kunal Kamra over his remarks against Maharashtra Deputy Chief Minister Eknath Shinde to continue, but has barred his arrest. The court said the investigation can continue, but Kamra will not be arrested during the pendency of the petition. The court also said that if the police wanted to record Kamra's statement, they shall do so in Chennai, where he currently resides, after giving him prior notice.
Civil Aviation Minister K Rammohan Naidu on Thursday said India will need at least 20,000 pilots in the coming years to meet the rising air-travel demand in the country -- one of the world's fastest growing aviation market. Addressing a gathering at the UDAAN Bhawan here following the launch of Electronic Personnel License (EPL) for pilots, the Minister said aviation has always been the backbone of connectivity, economic growth, and technological advancements.
'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'
Apple Inc's iPhones assembled in India achieved market revenues of Rs 162,000 crore. Tata Steel's revenue for the same period was Rs 162,324 crore.
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.
Vice President Jagdeep Dhankhar has questioned the lack of an FIR in the case involving the discovery of burnt cash at a Delhi High Court judge's residence, raising concerns about potential immunity from prosecution for certain individuals. He criticized the delay in investigation and the in-house probe by a three-judge panel, highlighting the importance of transparency and the rule of law in addressing such a significant incident.
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