Business
India’s first indigenous bullet train body frame is ready for squeeze test; full high-speed train to hit tracks for testing by May-June 2027, with first service targeted for 2027
“When you ride the bullet train from Vadodara, you will reach Mumbai in just an hour and a half,” the minister said. (Image for representative purpose only) India’s first indigenous bullet train is likely to start being tested by May or June next year, Railway Minister Ashwini Vaishnaw has said. He added that the testing…
Govt-owned fuel retailers lose Rs 5 per litre on petrol, Rs 23 on diesel as oil tops $100 per barrel: Report
Higher crude prices could raise costs across fuel, transport and other energy-intensive sectors, adding to domestic inflation pressures. State-owned fuel retailers are losing around Rs 5 per litre on petrol and Rs 23 per litre on diesel as renewed tensions in West Asia pushed international crude oil prices above $100 a barrel, analysts said on…
Small taxpayers, big relief: Rules & forms notified for Foreign Asset Disclosure Scheme 2026; what they mean
The scheme provides a one-time opportunity to address specified foreign income and foreign asset reporting gaps. Foreign assets may possibly be overlooked years later—whether it is a bank account opened while studying abroad, stocks received by domestic employees under Company’s Employee Stock Option plans (ESOPs) or Restricted Stock Units (RSUs), savings accumulated during an international…
Man paid Rs 1.43 lakh for iPhone 14 Pro, received a Chinese phone with fake Apple logo and two cameras; consumer panel orders full refund with 7% interest plus Rs 30,000
The opening of the package was recorded on video using the delivery agent’s phone. A man ordered an iPhone 14 Pro from an e-commerce platform. What he received instead shocked him. The phone that was delivered to him turned out to be a Chinese phone with a fake Apple logo. Instead of the three-camera Deep…
India Us Trade Deal: ‘More or less finalised’: India-US trade deal nears signing, says commerce secretary
India-US trade deal ‘more or less’ finalised (representative image) The India-US trade deal has been “more or less” finalised, with the two countries now working on a framework for preferential market access before signing the agreement at an appropriate time, commerce secretary Rajesh Agrawal said on Wednesday.Speaking to the media on the sidelines of the…
Oil hits $100: Brent crude soars in triple digits after fresh wave of Middle East attacks
Oil rises past $100 a barrel Oil is back in triple-digit territory. Brent crude crossed $100 a barrel on Wednesday after fresh attacks on oil facilities and tankers in the Middle East reignited concerns over an already weakened global supply chain.Brent crude rose 2.57% to $100.40 a barrel, while US West Texas Intermediate (WTI) climbed…
Gold price prediction today: Will gold, silver continue to be volatile? Check September 9, 2026 outlook
On MCX, Rs 1,49,825 is the key support and Rs 1,58,536 the immediate hurdle. Gold price prediction today: Gold prices will continue to be influenced by data this week, while silver prices are likely to be more volatile, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold had a…
IGIA new master plan sees 50% growth in international capacity by 2030
IGIA is preparing for over 50% enhancement in international traffic by adding a new pier in terminal 3 NEW DELHI: India’s busiest airport, Delhi’s IGIA, is gearing up for over 50% enhancement in international traffic by adding a new pier in terminal 3 along with a marginal rise in domestic capacity through internal changes in…
Adani Airports to raise $1 billion primary equity from marquee global investors
The company manages eight airports across India, including Mumbai, Navi Mumbai, Ahmedabad, and Guwahati, handling over 23 per cent of India’s total passenger traffic. NEW DELHI: India’s largest private airport operator, Adani Airport Holdings Ltd (AAHL), has entered into binding agreements to raise Rs 9,825 crore (about $1 billion) of primary equity capital from a…
Taxpayer chose new tax regime, but consultant filed the wrong form, triggering old regime and Rs 1.23 lakh demand; ITAT orders ITR to be processed under new tax regime and gives relief on tax demand
The mistake subsequently translated into an additional tax demand. Filing your own income tax return can be a daunting and tedious process for many. That’s when you hire a consultant. But, what if the consultant mixes up your ITR between the new and old income tax regime? You may get a tax notice, and that’s…