Stock Market Today Live Updates: Dalal Street recovers after RBI hikes repo rates; BSE Sensex down 90 points, NSE Nifty50 inches towards 22,700

Indian benchmark indices ended sharply higher in the previous session, extending their rally for a second straight session. The 30-share BSE Sensex gained 685.34 points, or 0.95%, to settle at 73,067.81, while the 50-share NSE Nifty climbed 220.35 points, or 0.98%, to close at 22,776.10. Buying in banking stocks and Reliance Industries, along with a … Read more

Man opted for VRS after employer shut plant, got Rs 65.21 lakh and reported it as advance salary in ITR; Section 89 relief was denied, but ITAT Pune later ruled it a non-taxable capital receipt

He reported the Rs 65.21 lakh as advance salary in his ITR and sought tax relief under Section 89 of the Income Tax Act. (Image for representative purpose only) You choose to retire early and get money from your company for the VRS. But you mistakenly report it in a wrong way in your income … Read more

Amazon Prime becomes ‘permanent home’ for Emmy Awards as ‘Wheel Deal’ system ends

Emmys shift from ‘Wheel Deal’ to Amazon Prime The Emmys are leaving their decades-old broadcast TV rotation behind, with Amazon’s Prime Video set to become the awards show’s exclusive global streaming home from 2027.The Television Academy and Amazon announced a six-year agreement on Tuesday that will make the ceremony available live and free to audiences … Read more

Sme Growth Fund: Cabinet OKs 10,000 crore SME growth fund

Centre approves Rs 10,000 crore fund for equity capital of SME as FTAs open expansion opportunities NEW DELHI: The Union Cabinet on Tuesday approved the setting up of Rs 10,000 crore SME Growth Fund (SGF), aimed at catalysing growth-oriented capital for small and medium enterprises (SMEs) to enable the emergence of champion enterprises across manufacturing, … Read more

4G Smartphones: 4G mobiles make a comeback on costlier 5G smartphones

Smartphone prices (Image for representation) NEW DELHI: Costlier smartphones are slowing India’s shift to 5G. Rising component costs are driving a comeback for 4G devices as buyers seek better specifications at affordable prices.Shipments of 4G smartphones are expected to grow 3% in 2026 even as the overall market declines, according to Counterpoint Research. Their share … Read more

Man deposits Rs 85.3 lakh received as cash gifts from wife, relatives; income tax calls it unexplained and sends notice, but ITAT Chennai accepts gift deeds and gives relief

In this case the man who received the cash gifts formalised the transactions through gift deeds and deposited the money into his bank account. (Image for representative purpose only) You get a lot of gifts in the form of cash and you deposit the amount in your bank account. But, what if the Income Tax … Read more

‘System already straining’: Global oil buffers shrink amid mounting supply risks, say industry leaders

The warning comes as more than 1 billion barrels have been drawn from commercial oil stockpiles since the Middle East crisis began The global oil market is entering the winter with a much thinner safety cushion after more than 1 billion barrels were taken out of commercial stockpiles during this year’s supply disruptions, industry executives … Read more

Stock Market Today Highlights: BSE Sensex surges 685 points; Nifty50 holds above 22,770

Market benchmark indices Sensex and Nifty ended sharply higher on Tuesday, extending their previous session’s rally, as a decline in crude oil prices below the USD 100 per barrel mark and buying in bank stocks and Reliance Industries added to investors’ optimism. The 30-share BSE Sensex jumped 685.34 points, or 0.95 per cent, to settle … Read more

MMTC, STC may lose gold import tax advantage as GST Council weighs 3% GST; aim to put banks, nominated agencies and exchanges on equal footing

Currently, banks and certain nominated agencies are required to pay 3% GST when importing precious metals. (Image for representative purpose only) Government entities such as MMTC and the State Trading Corporation of India could soon be brought within the goods and services tax (GST) framework for imports of gold and other precious metals.The proposal is … Read more

He bought a diesel SUV for Rs 13.69 lakh; but repeated DPF issues followed; consumer commission finds deficiency in service and awards Rs 10.99 lakh refund, 9% interest and compensation

The Kurnool District Consumer Disputes Redressal Commission has directed the car manufacturer and its dealer to refund the ex-showroom price. (Image for representative purpose only) Buying a car is a dream, but what if you repeatedly face issues after purchase? In one such case the Kurnool District Consumer Disputes Redressal Commission has asked the car … Read more

ATF price shock: Govt weighs revival of stabilisation fund as airlines feel fuel heat – report

Domestic airlines’ operating profit to fall 10-15% this fiscal amid higher fuel costs, airspace curbs: Crisil NEW DELHI: The government is weighing a fresh mechanism to stabilise aviation turbine fuel (ATF) prices as the prolonged West Asia crisis pushes up fuel costs and puts increasing pressure on airline finances.A senior government official said the Centre … Read more

Cabinet clears Rs 10,000 crore SME fund, new transport authority; hails PM Modi’s 25 years in public life

Union Minister for [Information and Broadcasting, Ashwini Vaishnaw announcing the recent cabinet decisions The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a series of measures spanning support for small and medium enterprises, integrated transport planning and logistics, and a resolution marking PM Modi’s completion of 25 years of continuous public service.The … Read more

Top stocks to buy or sell today: Stock market recommendations for October 6, 2026 – check list

Top stocks to buy or sell today on October 6, 2026 Stock market recommendations: Dixon Technologies, GAIL, and Prestige Estates Projects have been identified as the top stocks to sell by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan on October 6, 2026. On the other hand, Adani Power is a buy call according … Read more

Gold price prediction today: Will gold continue to be under pressure? Check October, 6 2026 outlook

Gold tried to recover on tepid US nonfarm payroll data released Friday, too, but the rally once again proved to be abortive. Gold price prediction today: Gold prices are expected to be under pressure unless yields fall, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Here’s what he has to say: Gold Performance: … Read more

Sikkim to get train connectivity for first time as 44.5-km Sivok-Rangpo project reaches 75% progress, to be completed by December 2027; railways fast-tracks Rs 9,000 crore Gangtok rail link as well

Indian Railways is working towards finishing the long-delayed Sivok-Rangpo railway project by December 2027. (Image for representative purpose only) Sikkim is moving closer to being on the railway map and now Indian Railways is stepping up efforts to bring Sikkim’s capital Gangtok onto the railway network by prioritising a proposed 34-km rail link between Rangpo … Read more

Cabinet may clear Rs 10,000 crore SME growth fund, integrated logistics authority

Cabinet may clear Rs 10,000 crore SME growth fund, integrated logistics authority NEW DELHI: The Union Cabinet is likely to take up two proposals linked to the government’s growth and infrastructure priorities, including the setting up of an Integrated Transport and Logistics Authority and the Rs 10,000 crore SME Growth Fund announced in the Union … Read more

Man enters JDA for land, gets 6 flats from builder and transfers 5 to wife, but gets tax notice; ITAT Delhi deletes Rs 4.14 crore additions after finding no stock-in-trade conversion or sale

The second addition arose after the man transferred five of the six flats to his wife through sale deeds in 2020. (Image for representative purpose only) You enter into an agreement with a builder for your land and later transfer five flats from it to your wife. Is a capital gains tax applicable?In one such … Read more

Google nears $1 billion-plus nuclear power deal with Constellation amid AI boom

Google to seal $1 billion-plus nuclear power Google is close to striking a deal to buy nuclear power from Constellation Energy Corp, for its data centres, as tech gaints look for more reliable electricity to support the rapid growth of artificial intelligence.The Alphabet Inc. company could pay $1 billion or more under a multi-year agreement … Read more

Trump signs order to ease diesel costs, ‘save millions of dollars’ for farmers

US President Donald Trump US President Donald Trump on Monday (local time) signed an executive order aimed to ease the burden of high diesel prices on farmers, truckers and other businesses, as fuel costs continue to put pressure on Republicans ahead of the November midterm elections.Trump announced the move during a campaign stop in Grand … Read more