News that keep you updated
Uttar Pradesh Finance Minister Suresh Kumar Khanna on Monday presented supplementary demands for grants of Rs 24,496.97 crore for the current financial year in the state assembly. Presenting the demands, Khanna said after deducting the central share of Rs 2,197.24 crore to be received for centrally sponsored schemes, the net additional burden on the state’s…
India’s key macroeconomic indicators are set for a base-year reset early next year, with the government announcing timelines for releasing new series of retail inflation, national accounts and industrial production data, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said on Monday that a new series of Consumer Price Index (CPI) data, reflecting a…
With just days left before the year-end compliance window closes, the Income Tax department has begun reaching out directly to multinational companies, asking them to alert Indian employees about undisclosed foreign assets and income, according to multiple tax advisors.Several large multinationals — including a global consumer healthcare firm, a wireless technology major and a US-based…
Eight core infrastructure industries recorded a modest expansion in November 2025, with overall output rising 1.8% year-on-year, supported by strong growth in cement, steel, fertilisers and coal, official data released by the Ministry of Commerce & Industry showed.The combined Index of Eight Core Industries (ICI), which accounts for 40.27% of the Index of Industrial Production…
Your job is not to constantly fiddle with the portfolio, but to give your chosen businesses enough time and space to prove themselves. (AI image) The biggest rewards in equities come to those who endure the dull years and survive the scary ones.One of the most common questions we get is, “How long should I…
Understanding the tax treatment of financial products is critical for investors looking to optimise post-tax returns, and mutual funds are no exception. While there is no tax liability at the time of investing in or holding mutual fund units, tax comes into play when an investor sells, switches between schemes or redeems units. The tax…
NEW DELHI: Cairo will soon have a Taj hotel with an existing property there going to be run by the Tata Group company. The Indian Hotels Company Limited (IHCL, Taj parent) Monday signed a 300-key Taj Cairo. This will be the second Taj property in Africa, after a hotel in Cape Town. Among Indian hospitality…
Gold prices surged to record highs on Monday, driven by a weaker US dollar and anticipation of US Federal Reserve interest rate cuts. Both domestic and international markets saw significant gains, with MCX gold futures hitting Rs 1,35,824 per 10 grams and Comex gold reaching USD 4,429.3 per ounce. Source link
China on Monday announced imposing provisional anti-subsidy duties on dairy products imported from the European Union, after concluding that the inflow of these goods has harmed its domestic dairy sector. The Chinese commerce ministry, cited by Reuters, said that the duties are set between 21.9% and 42.7% and will be effective from December 23. The…
Crypto alone does not qualify for a UAE Golden Visa, but legally registered property worth AED 2 million may, even if funded using crypto/ AI illustrative Image In July 2025, the UAE government issued a blunt clarification that cut through months of online speculation: cryptocurrency investors do not qualify for the UAE Golden Visa. Holding…
