Business
India’s GDP grows 7.8% in Q1: Factors powering the economy despite global turmoil
India’s GDP grows 7.8% in Q1 War next door. Markets on edge. Commodity prices swinging. Yet India’s growth engine continues to run strong, clocking a 7.8% GDP growth for the April-June quarter.The Q1 numbers for the financial year 2026-2027 are particularly significant as they beat expectations and comfortably exceeded the Reserve Bank of India’s 7%…
Onion price hike: Centre expands Rs 35/kg sale to 19 cities amid supply concerns
Centre expands Rs 35/kg sale to 19 cities amid supply concerns The Centre has widened its discounted onion sale to 19 cities, offering onions at Rs 35 per kg as prices rise following crop damage caused by rains in recent weeks.Delhi is among the cities covered by the intervention, with the Centre set to provide…
Impact Of Sugar Prices On Consumers: Cheeni Kum? Imported sugar is yet to land, so why is it getting cheaper
Imported sugar is yet to land, so why is it getting cheaper Sugar is leaving a bitter aftertaste in consumers’ household budgets.The all-India average retail price has climbed to Rs 64.24 a kilo, nearly 30% higher than a month ago and 38.63% above last year’s level. In some markets, the sting is even sharper, with…
Sold a property funded entirely by you but jointly owned with your wife? You may claim 100% Section 54 LTCG exemption on a new home in your name; what your wife should report in her ITR
Section 54 provides relief from long-term capital gains tax when an individual or HUF sells a residential house and reinvests the capital gain in another residential house. You bought a property jointly in the name of yourself and your wife, but the entire money spent on the purchase came from you. Now you are planning…
Gold price prediction today: Will gold trade with bearish bias? Check September 1, 2026 outlook
The yellow metal is likely to consolidate in near term with a possible test of support at $4370. Gold price prediction today: Gold prices are under pressure due to the US Federal Reserve chair’s hawkish outlook, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold Price Performance: The Fed Chair Warsh, in his…
Rupee gains 26 paise as 7.8% GDP growth offsets global market jitters
Rupee jumps 26 paise against US dollar Rupee began Tuesday on a strong note, rising 26 paise to 94.96 against the US dollar in early trade, supported by robust domestic economic growth, containing fiscal slippage and portfolio-related inflows.Forex traders said the USD/INR pair appears to have found a strong near-term base around 95.10-95.20. MSCI-related inflows…
Commercial LPG prices raised by Rs 9.5 for every 19kg cylinder; ATF rates also hiked
5-kg cylinder refill is now costlier by Rs 2 NEW DELHI: The prices of commercial Liquefied Petroleum Gas (LPG) cylinders and Aviation Turbine Fuel (ATF) have been increased from Tuesday, September 1.The latest hike reverses two consecutive months of cuts in commercial LPG rates and is likely to raise fuel costs for airlines and operating…
Top stocks to buy or sell today: Stock market recommendations for September 1, 2026 – check list
Top stocks to buy or sell on September 1, 2026 Stock market recommendations: Indusind Bank, Computer Age Management Services (CAMS), and Dixon Technologies (India) are the top stocks to buy that have been picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for September 1, 2026. Patanjali Foods has been identified as a…
Soota’s Happiest Minds to merge with ITC Infotech
Promoter to sell 22.1% stake for Rs 1,300 crore; combined entity to be 11th largest IT player BENGALURU: ITC Infotech is acquiring Ashok Soota’s Happiest Minds Technologies, creating a combined business that will be India’s 11th largest IT services player. Together, they will have revenue of Rs 7,033 crore and an employee strength of 19,000,…
Record 7.5cr ITRs submitted before deadline
Record 7.5cr ITRs submitted before deadline NEW DELHI: A record 7.5 crore income tax returns have been filed for Assessment Year 2026-27 so far, and the number was expected to rise further as the filing deadline was to end at midnight Monday for taxpayers with business or professional income who are not subject to audit….