Business

RBI urges banks to step up efforts to return crores in unclaimed deposits

RBI urges banks to step up efforts to return crores in unclaimed deposits

The Reserve Bank of India (RBI) has urged banks to intensify efforts to identify and return unclaimed deposits of over…
Gold outperforms equities for the 4th consecutive Diwali cycle

Gold outperforms equities for the 4th consecutive Diwali cycle

Gold has outperformed Indian equities for the fourth consecutive Diwali-to-Diwali cycle, continuing a trend where the yellow metal has outperformed…
No tax rebate under Section 87A on short-term capital gains, taxpayers asked to clear dues by Dec: CBDT

No tax rebate under Section 87A on short-term capital gains, taxpayers asked to clear dues by Dec: CBDT

The Central Board of Direct Taxes (CBDT) has once again clarified that taxpayers cannot claim tax rebate under Section 87A…
GST reforms to boost operating profit of cement companies by Rs 100-150 per MT in FY26

GST reforms to boost operating profit of cement companies by Rs 100-150 per MT in FY26

The reduction in Goods and Services Tax (GST) will boost the operating profit of cement companies by Rs 100-150 per…
Strong uptick seen in electronics sales as GST rate cuts kick in

Strong uptick seen in electronics sales as GST rate cuts kick in

With GST rate rationalisation now a reality, the domestic electronics industry is witnessing a strong uptick with the onset of…
Piyush Goyal in Washington for India-US trade talks

Piyush Goyal in Washington for India-US trade talks

Union Minister for Commerce and Industry Piyush Goyal was in Washington on Monday to move ahead with the trade talks…
Apple to clock record sales in India during festive season with 28 pc growth

Apple to clock record sales in India during festive season with 28 pc growth

US tech giant Apple is set to achieve its highest festive-sales count in India, with analysts forecasting a 28 per…
Net direct tax revenue jumps 9.2 pc to cross Rs 10.82 lakh crore

Net direct tax revenue jumps 9.2 pc to cross Rs 10.82 lakh crore

India’s net direct tax collection recorded 9.18 per cent growth to cross Rs 10.82 lakh crore till September 17 during…
GST 2.0 gives booster shot to textiles, logistics sectors

GST 2.0 gives booster shot to textiles, logistics sectors

The rationalisation of Goods and Services Tax under GST 2.0 marks a significant reform aimed at removing structural anomalies, reducing…
GCCs have far-reaching impact on economic growth, says Sitharaman

GCCs have far-reaching impact on economic growth, says Sitharaman

Global Capability Centres (GCCs) have a far-reaching impact on economic growth, competitiveness and human capital development and India’s GCC story…
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