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
(Repeats SCHEDULED COLUMN originally published on July 11, no changes) US stock investors shrug off Trump’s latest tariff plans Analysts pared forecasts for profits in June quarter Earnings coming up from big US banks, Netflix, 3M, J&J US consumer price
Stocks of brokerages and market infrastructure institutions (MIIs) witnessed selling pressure after the Securities and Exchange Board of India’s (Sebi’s) crackdown on proprietary trading firm Jane Street. Photograph: Shailesh Andrade/Reuters The weakness was attributed to concerns that debarment of the
In an event-heavy week, stock investors will track quarterly earnings of several bluechip firms, the likely outcome of ongoing India-US trade talks, and inflation data for market cues, analysts said on Sunday. Illustration: Dominic Xavier/Rediff Moreover, global market trends and
Taxpayers required to file ITR-2 or ITR-3 can now download the Excel utilities from the I-T department’s e-filing portal, fill in their details offline. Source link
Mumbai-based pharma major Wockhardt, which is gearing up to launch its promising antibiotic candidate Zaynich soon, on Friday announced a shift in its United States (US) operations. IMAGE: Habil Khorakiwala, founder-chairman of Wockhardt, poses for a picture at the company’s
Appliance maker, Amber Enterprises India Limited, on Saturday (July 12), said its board of directors has approved an enabling resolution to raise funds up to ₹2,500 crore through the issuance of permissible securities. The decision was taken at the company’s
Stock market news: The Indian stock markets wrapped up the day in negative territory on Friday, largely due to a sluggish start to the first quarter earnings season and rising tariff threats from the US, which may impose a 35%
The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo’s parent company Oravel Stays Private Limited for the assessment year 2020-21. Photograph: Anushree Fadnavis/Reuters
India’s net direct tax collections contracted 1.3 per cent to about Rs 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04 per cent contraction, Income Tax department data released
