Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source (TCS), as per a notification issued by the Income Tax department. Photograph: Henry Nicholls/Reuters TCS at 1 per cent
Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan. IMAGE: US President Donald Trump salutes as he attends the annual White House Easter
A Belgian court has declined the bail plea of Mehul Choksi, a key accused in the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case. Photograph: ANI Photo The three-judge bench, which conducted the hearing in Dutch, ruled against
Like with all great crashes, some had noticed the cracks. “… cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down
Benchmark equity indices Sensex and Nifty closed higher on Tuesday, extending the gaining streak to the sixth day on continuous foreign fund inflows and buying in banking shares. Photograph: ANI Photo The 30-share BSE Sensex climbed 187.09 points or 0.24
Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo
India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. Photograph: Wolfgang Rattay/Reuters The decision follows
Benchmark equity indices Sensex and Nifty surged more than 1 per cent on Monday, registering their fifth day of rally on the back of buying in banking and IT shares after encouraging quarterly earnings and foreign fund inflows. Photograph: Shailesh
After falling 17 per cent since the start of the year to its March lows, the stock of the country’s largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Photograph: Francis Mascarenhas/Reuters Recent acquisitions,
Automobile exports from India rose by 19 per cent to over 53 lakh units in the last 2024-25 fiscal year driven by robust demand for passenger vehicles, two wheelers and commercial vehicles in the overseas markets. Image used for representation
