ITR filing deadline extended by a day to Sep 16

The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. Illustration: Dominic Xavier/Rediff A record over 7.3

India-US trade talks to resume with Lynch’s arrival

Trump administration’s chief negotiator Brendan Lynch is arriving in New Delhi tonight to hold a day-long talk on India-US bilateral trade deal, which were impacted after imposition of 50 per cent import tariffs by the US on Indian goods. Illustration: Dado

Power consumption vs GDP: Some apparent paradoxes

The moderate power, freight and credit data do suggest GDP estimates could be revised down, says Devangshu Datta. Photograph: Francis Mascarenhas/Reuters There are some apparent paradoxes visible in the data from the first quarter of 2025-26 (Q1FY26). The gross domestic product

One Reit may enter market annually for next 3-5 yrs: IRA chief

India’s real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. Illustration: Dominic Xavier/Rediff This growth trajectory builds on rising occupancies,

GST rate cut: Banks face car loan cancellations

Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to  subsequent reduction in the amount needed to purchase them.

GST rate cut: Housing demand to rise during festivals, says CREDAI

Indian government’s decision to cut GST rates on various products will increase purchasing power of consumers and boost demand for residential properties in the upcoming festive season, according to realtors’ body CREDAI. Illustration: Dominic Xavier/Rediff The association, which has a

Maruti boss on how India can become a global manufacturing hub

The next many decades belong to India as the global economic powerhouse, and it will be essential to continue demonstrating policy stability, as the country aspires to be the world’s manufacturing hub, Maruti Suzuki India MD and CEO Hisashi Takeuchi

‘Indian markets closed at three-week high’

Equity benchmark indices Sensex and Nifty surged on Friday in line with a global market rally amid rising hopes that the US Federal Reserve will cut interest rates next week. Photograph: ANI Photo Optimism over a successful conclusion of India-US

Sebi eases IPO norms for very large companies

Stock market regulator Sebi’s board on Friday cleared significant reforms, focusing on IPO regulations, simplified entry for foreign investors, and a new framework for anchor investors in public issues. Photograph: ANI Photo This was the third board meeting chaired by

‘Lenovo to Double ‘Make in India’ Devices in 2 Years’

‘We are increasing our footprint, but other markets also compete — like Indonesia or Vietnam.’ Photograph: Kind courtesy Lenovo India/Instagram It is the largest personal computer (PC) player in the world and holds the second spot in India in terms