Business
ITR filing FY 2025-26: What is Form 16 and where do you get it from? Top things salaried taxpayers should know
Let’s understand what is Form 16, what does it tell the taxpayer, and where can employees get it from: (AI image) ITR filing FY 2025-26: The tax returns filing season is here and ahead of the July 31, 2026 deadline, taxpayers are compiling important documents that are needed every year to file the income tax…
Rupee rebounds 20 paise to 95.41 against US dollar
Rupee began Tuesday on a stronger note, rising 20 paise against the US dollar in early trade, supported by a easing oil prices and the US dollar index, after the pause in hostilities between the United States and Iran. According to forex traders, the domestic currency opened on a stronger footing after Israel and Iran…
Oil prices ease as Iran and Israel pause attacks; Brent, WTI retreat from recent highs
Oil prices eased on Tuesday after a volatile trading session, as Iran and Israel paused attacks on each other, reducing immediate concerns over disruptions to energy supplies. The pullback came after both countries said they had stopped attacking each other following an appeal from US President Donald Trump. However, Tehran warned that it would resume…
Commercial LPG shortage impact: IRCTC forced to resume cooking onboard trains; deploys induction stoves
Railway officials said the nationwide catering network requires about 1,000 commercial LPG cylinders every day. (AI image) The Middle East crisis has hit the way Indian Railways prepares its meals for trains. A sharp shortage of commercial LPG cylinders has prompted the Indian Railway Catering and Tourism Corporation (IRCTC) to restart onboard meal preparation in…
Top stocks to buy or sell today: Stock market recommendations for June 9, 2026 – check list
Top stocks to buy or sell today (AI image) Stock market recommendations: Kalyan Jewellers India, and Interglobe Aviation (IndiGo) are sell calls by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan for June 9, 2026. He recommends buying Fortis Healthcare.Kalyan Jewellers India Ltd: Sell in the range between Rs 354 & Rs 353;…
Haleon to set up 1st manufacturing unit in India, South Asia, invest Rs 2k cr
NEW DELHI: Haleon, formerly GSK Consumer Healthcare, will invest about Rs 2,000 crore (£175 million) to establish its first manufacturing facility in India and South Asia, as the UK firm doubles down on high-growth markets. The move follows the company’s recent investment in China, highlighting the increasing role of emerging markets, which account for about…
RBI to fully absorb forex risks, inflows may see $50bn boost
MUMBAI: Reserve Bank of India has opened the dollar tap by taking on the currency risk itself to draw in overseas money, while nudging state-owned borrowers to look abroad for cheaper funds.RBI will not charge any premium for swapping dollars raised through foreign currency non-resident bank FCNR(B) deposits, effectively absorbing the entire forex risk and…
Stock Market Highlights Today: BSE Sensex ends over 700 points down, Nifty50 near 23,100 as fresh US-Israel-Iran tensions erupt; crude oil prices rise
“Indian equity markets are expected to open on a sharply negative note, with Gift Nifty trading at 23,134, down by 306 points, as Asian equities opened weak amid escalating geopolitical tensions and weakness in US technology stocks, weighing on overall risk sentiment. In the previous session, the Nifty 50 ended a range-bound session with a…
SpaceX IPO explained: Can Indians invest and how does it work?
SpaceX is set to enter Wall Street, with an IPO valued at a whopping $1.75 trillion! The long-awaited listing has kicked off a rush among retail investors all chasing a slice of its rockets, satellites and AI empire, turning it into one of the most talked-about market moments in recent times. Demand is already so…
India’s exports rise 15% in April-May despite global uncertainties
India’s merchandise exports recorded around 15% growth during April-May of the current financial year despite continuing global economic uncertainties, a senior government official said on Monday as reported PTI.The commerce ministry is scheduled to release the country’s trade data for May on June 15.“During the two months, exports are up by 15 per cent,” the…