40K Taxpayers Withdraw Bogus Claims of ₹1,045 Crore

I-T dept said move came after a series of outreach efforts, including SMS alerts, emails, and physical programmes, were made across various locations, nudging taxpayers towards voluntary compliance. Kindly note this illustration generated using Microsoft Copilot is only posted for

4-day trade talks between India and US to start today

An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Photograph: Evelyn Hockstein/Reuters Chief negotiator of India and special secretary in the Department of Commerce,

R Doraiswamy appointed MD & CEO of LIC

The government on Monday appointed R Doraiswamy as head of state-owned insurance behemoth Life Insurance Corporation of India (LIC). Photograph: LIC/X The notification in this regard was issued by the Department of Financial Services following approval from the Appointments Committee

RVNL wins ₹447 crore Delhi Metro Phase-IV viaduct and station platforms contract

State-owned Rail Vikas Nigam Limited (RVNL) on Monday (July 14) said it has received a Letter of Award (LOA) from Delhi Metro Rail Corporation Limited (DMRC) for a project under the Delhi MRTS Phase-IV. The awarded Contract involves the design

Wall Street Live: US stocks mixed following Donald Trump’s latest tariff threats

Wall Streetindicesopened mixed on Monday following US President Donald Trump’s latest tariff threats against the EU and Mexico. At 9:31 AM ET, the Dow Jones Industrial Average fell 126.24 points, or 0.28%, to 44,245.27, the S&P 500 lost 6.11 points,

Retail inflation eases to over 6-yr low of 2.1% in June

Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI’s comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon. Photograph: Anushree Fadnavis/Reuters The Consumer Price Index-based inflation

Jane Street deposits Rs 4,843 cr in escrow account; requests Sebi to lift curbs

US-based hedge fund Jane Street, which allegedly made handsome gains through market manipulation, has deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. Photograph: Francis Mascarenhas/Reuters The watchdog

Foxconn’s ‘Plan B’ to rescue iPhone production in India

A day after news emerged that Foxconn Technology Group was “forced” by Beijing to send back its Chinese engineers and technicians from its Tamil Nadu plant, sources indicate that the global electronics giant has already drawn up an alternative plan

Auto: Fuel efficiency norms favour big cars: Maruti’s Bhargava

‘My understanding is that the rules are weighted in favour of big cars, even though smaller cars emit fewer emissions per passenger, use less material, and consume less fuel,’ Bhargava said in an interview with Business Standard. Kindly note the image

India’s Russian oil buy hits 11-month high in June 2025

India’s import of crude oil from Russia rose to an 11-month high in June as refiners topped up tanks amid the Israel-Iran war, analysts said. India imported 2.08 million barrels per day (bpd) of Russian crude in June, the highest

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