Business

Central Board of Direct Taxes (CBDT) has extended the deadline for filing form 10 A and form 10 AB by taxpayers till 30th June. CBDT further clarified that if any such existing trust, or fund had failed to file form 10A for the Assessment Year 2022-23, they can avail this opportunity to surrender the Form

Indian benchmark indices ended higher for the fifth consecutive session on Thursday led by buying across the sectors barring realty. The BSE Sensex jumped 486.50 points or 0.66 percent to close at 74,339, while the Nifty-50 rose 168 points or 0.75 percent to close at 22,570. In the forex market, the rupee ended marginally lower

Key Asian stocks ended mixed on Thursday. Japan’s Nikkei-225 plunged 2.21 percent, South Korea’s Kospi slipped 1.79 percent and Singapore’s Straits Times index fell 0.22 percent. Whereas Hong Kong’s Hang Seng Index jumped 0.48 percent and China’s Shanghai Composite index rose 0.26 percent. European markets were also trading mixed today. London’s FTSE gained 0.63 percent. While

The Reserve Bank of India has directed Kotak Mahindra Bank to cease issue of fresh credit cards, with immediate effect. The Apex Bank has restricted the onboarding of new customers via online and mobile banking channels. According to the RBI press release, these actions are necessitated based on significant concerns arising out of the Reserve

All key Asian stocks ended higher today. Japan’s Nikkei-225 gained 2.36 per cent, Hong Kong’s Hang Seng Index jumped 2.16 per cent, South Korea’s Kospi added 1.97 per cent, China’s Shanghai Composite index rose 0.75 per cent and Singapore’s Straits Times index jumped 0.62 percent.   All major European markets were trading higher. London’s FTSE

The Reserve Bank of India’s April bulletin has said that conditions are shaping up for an extension of a trend upshift in real GDP growth, backed by strong investment demand and upbeat business and consumer sentiments. The article titled ‘State of the Economy’ says that CPI inflation settled at 4.9 percent in March after averaging

Key Asian stocks ended mixed today amid positive global cues. Hong Kong’s Hang Seng Index rose 1.90 percent, Singapore’s Straits Times index jumped 1.45 percent, and Japan’s Nikkei-225 added 0.30 percent. On the other hand, China’s Shanghai Composite index declined 0.75 percent. South Korea’s Kospi ended lower with a loss of 0.24 percent.    

Benchmark equity indices extended gains for the second straight session today amid a rally in Asian and European markets, decline in Brent crude oil prices and buying by foreign investors.   Extending its previous session’s rebound, the 30-share BSE Sensex climbed 560 points or 0.77 percent to settle at 73,649. The NSE Nifty went up

In the forex market, the rupee closed at 83 rupees and 37 paise against the US dollar today.   The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies was up at 106.19 in intra-day trade.

Key Asian stocks ended higher today except China’s Shanghai Composite index which ended 0.70 percent down. Hong Kong’s Hang Seng Index soared 1.74 percent, Singapore’s Straits Times index jumped 1.50 percent, South Korea’s Kospi rose 1.43 percent and Japan’s Nikkei-225 added 0.99 percent.   All major European markets were also trading higher. London’s FTSE was