Wires, cables and fast-moving electric goods maker, Polycab India Ltd, on Wednesday (March 4), said it has received an income tax demand of ₹327.45 crore for the assessment year 2024-25 relating to the financial year 2023-24 and has initiated rectification
The Indian stock market ended with deep cuts on Wednesday, March 4, on concerns over a US-Iran war, crude oil price hike, foreign capital outflow, and the rupee’s fall to a record low against the dollar kept investors on tenterhooks.
Traders said the USD/INR pair remains under pressure as investors are moving toward safe-haven assets. Moreover, persistent foreign capital outflow from the equities, and fears grow that expensive imports will hurt the trade balance. Illustration: Dominic Xavier/Rediff Key Points The
Gas importer Petronet LNG Ltd has informed gas marketers of Qatar halting its liquefied natural gas production after Iran continued to strike Gulf countries IMAGE: 3D printed oil pump jacks and Qatar flag. Illustration: Dado Ruvic/Reuters Key Points Qatar supplies
Anthropic’s Claude AI chatbot experienced a second outage in 24 hours, raising concerns about the stability of the popular artificial intelligence platform and its impact on users. Illustration: Dado Ruvic/Reuters Key Points Claude AI, developed by Anthropic, experienced a second
India is taking a balanced approach to artificial intelligence (AI) regulation, prioritising both innovation and user safety, setting itself apart from the US and European Union models. Photograph: Kind courtesy ThisIsEngineering and Tiger Lily/Pexels.com Key Points India is pursuing a
India has 25 days of crude oil and petroleum products stock each, people in the know told CNBC-TV18, adding that there was no need to panic. “There is no need to panic, we are very safe,” sources said. As much
PNGS Reva Diamond Jewellery IPO is all set to make its stock market debut tomorrow, March 4. The shares of PNGS Reva Diamond Jewellery IPO will list on both the BSE and the NSE. The allotment of PNGS Reva Diamond
Mahindra pushes premium EV strategy with XEV 9e Cineluxe, blending luxury design, immersive technology and over 500 km range capability. Photographs: Kind courtesy mahindraelectricsuv.com Mahindra & Mahindra has launched the XEV 9e Cineluxe Edition at Rs 29.35 lakh (ex-showroom),
Escalating Middle East tensions are driving investors to safe-haven assets, causing gold and silver prices to skyrocket in India and globally. Photograph: Arnd Wiegmann/Reuters Key Points Silver prices in India surged to Rs 3 lakh per kg, and gold neared
