Business

The biggest proposed change is in doing away with the power to arrest, which rests with the court instead of officials, as is the case for some offences (representative image) NEW DELHI: GST Council looks set to unveil a series of ambitious reforms that will cover the whole field of processes: from faster registration to … Read more

GST Council likely to consider proposals on arrest powers, ITC, prosecution threshold and more The GST Council may consider a package of GST process and enforcement reforms at its October 7 meeting, including a proposal to take away the power of tax officers to arrest taxpayers and require judicial authorisation for any arrest.The Council may … Read more

US dollar, bond yields, US-Iran tensions to also shape prices this week Gold and silver prices are likely to remain volatile this week, with the US dollar, bond yields and the unresolved US-Iran tensions expected to shape the outlook for precious metals.Investors will also track the Reserve Bank of India’s monetary policy decision on Wednesday, … Read more

Several factors have contributed to the decline in gold prices from their record highs seen in January this year. Is gold losing its shine as a safe haven asset? After its record breaking rising spree in 2025 to early 2026 when it hit record highs, gold prices have been on a downward spiral. In the … Read more

Jio Platforms could become the biggest public offer of India Jio Platforms is expected to make its stock market debut by the end of October, in what could become India’s largest public offering with an estimated issue size of around USD 3.8 billion.The Reliance Industries digital services arm is expected to seek a valuation of … Read more

OPEC+ is closely monitoring developments in the oil market. OPEC+ has agreed to keep its oil production targets unchanged for November, the group said in a statement after a meeting on Sunday, Reuters reported.The decision comes as the group continues to assess the impact of ongoing conflicts in West Asia and disruptions to oil exports … Read more

RBI rate decision, earnings, crude oil & bond yields could be among the key triggers of stock market trends Indian stock markets are set for another potentially volatile week, with a mix of domestic and global factors likely to determine the direction of equities. The Reserve Bank of India’s interest rate decision, the start of … Read more

The latest price hike comes ahead of the peak festive season. NEW DELHI: Consumer durable manufacturers are expecting double-digit sales growth during the festive season despite a 5-8% increase in prices of air-conditioners and other appliances, with premiumisation, replacement demand, easy financing and improving consumer sentiment likely to support demand.The latest price hike, the third … Read more

The deposits in question were made by the medicine shop owner in three savings accounts. (Image for representative purpose in only) Cash deposits made in bank accounts can invite income tax scrutiny if the assessing officer is unable to detect a clear trail and source. In one such case a pharmaceutical and medicines retailer based … Read more

Dalal Street ends week in red MUMBAI: Nine months into 2026, most asset classes in the domestic market are signalling red in their respective year-to-date return columns.Data shows that so far this year, while sensex has given a negative return of 16%, Nifty has returned 15% in the red. In the bond segment also, with … Read more

The ITAT Bangalore ordered the deletion of the entire addition of Rs 14,96,500 made under Section 69A. (Image for representative purpose only) When it comes to income and taxation, documents and money trail form an important part of the process. This is particularly important when income from any of your sources is in cash. In … Read more

Nayara Energy raises petrol and Diesel amid West Asia war. NEW DELHI: Oil marketing companies have increased the price of bulk diesel by Rs 14.6 per litre, while private retailer Nayara Energy has raised pump prices of petrol and diesel by Rs 5 and Rs 3 per litre respectively, as elevated crude prices have started … Read more

Power demand hits 269 GW in Sept as hydropower deficit fuels electricity shortages. NEW DELHI: Hydropower generation fell nearly 12% below the projected requirement in the first six months of FY27 due to the El Nino-induced rain deficit, putting greater pressure on coal-fired generation and leading to shortages, especially during non-solar hours, in several parts … Read more

NEW DELHI: The rapid growth in solar and wind power generation, along with rising grid congestion and renewable energy curtailment, has prompted govt to announce a new transmission scheme with the launch of the third phase of the Green Energy Corridor (GEC), which got the Cabinet’s nod on Wednesday.With an outlay of nearly Rs 1.9 … Read more

RBI governor Sanjay M​alhotra​ Reserve Bank governor Sanjay Malhotra on Saturday said that the central bank remains committed to monitoring emerging vulnerabilities and maintaining a strong and resilient financial system, even as the financial sector remains resilient with healthy balance sheets of banks and NBFCs.“Today’s resilience may not necessarily imply tomorrow’s immunity, and we are … Read more

Nayara hikes petrol prices amid pressure from rising oil prices Nayara Energy has raised petrol prices by Rs 5 a litre and diesel prices by Rs 3 at its outlets, as the private fuel retailer moves to narrow the gap between domestic pump prices and higher international crude and refined-product costs.The increase came into effect … Read more

It is a risky but form of secured loan but is highly affected by market performance (Representative image) Need money, but don’t want to sell what you own? That’s where borrowing against an asset can come in handy. You might think of gold, home or personal loan, but one asset you may not immediately think … Read more

Sebi to quickly mo​ve ahead with proposals​ Sebi chairman Tuhin Kanta Pandey on Saturday said that the market regulator would soon move ahead with its proposed changes to the Closing Auction Session (CAS) mechanism after receiving more than 3,500 comments on its consultation paper.The regulator had invited views on changes to the CAS, market timings … Read more

Lukoil oil deal enters US-Russia-Ukraine talks Talks between the US and Russia over ending the war in Ukraine have expanded to include a proposed multibillion-dollar deal for Lukoil’s international oil assets, with the prospective investor group including people with business ties to US President Donald Trump’s allies. The deal would require approval from both the … Read more

NBFC asset quality remains resilient despite potential RBI rate hike (representative image) A potential Reserve Bank of India (RBI) rate hike is unlikely to trigger broad-based stress in the asset quality of non-banking financial companies (NBFCs), with risks expected to remain concentrated in select segments unless monetary tightening is prolonged or accompanied by a major … Read more

The High Court observed that the tenant’s conduct indicated that he was neither a bona fide occupant nor a genuine tenant. (Image for representative purpose only) You are a tenant in a property, but the rent agreement is unregistered. Are you entitled to protection from eviction proceedings? The Madras High Court has held that a … Read more

The proposed line will extend the railway network from Rangpo to Gangtok. (Representative image) NEW DELHI: In a push to bring Sikkim’s capital Gangtok on the railway map, railway ministry has prioritised the plan for a 34-km rail link between Rangpo and Gangtok, estimated to cost around Rs 9,000 crore.TOI has learnt that the proposed … Read more

Union commerce and industry minister Piyush Goyal addresses the US Indian Community Foundation event India is building a network of free trade relationships that could eventually cover nearly 75-80 per cent of the world’s economies, commerce and industry minister Piyush Goyal said in Chicago, pitching the country as an expanding base for global trade and … Read more

India’s crude imports hit year-high in September India has kept the crude flowing even as the Middle East conflict has choked global energy supply chains for over seven months. Imports surged to a year-high of 5.26 million barrels a day (mbd) in September, powered by a surprise jump in Gulf supplies.The rise in shipments from … Read more

UPI transactions rise 27% UPI’s digital tap-to-pay habit appears to be getting stronger by the month. The platform processed around 145 billion transactions in the first half of the current financial year, up 27% from 114 billion in the same period last year, according to National Payments Corporation of India (NPCI) data.The value of those … Read more