Business

BRICS economies must have say in global tax rules as negotiations shape cross-border taxation: FM Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday urged BRICS nations to share their experiences on treaty interpretation and multilateral negotiations in international taxation, saying global transfer pricing disputes “disproportionately” burden developing countries.India has proposed to set up two … Read more

NO TRUCE Sameer Hiremath (left) and Baba Kalyani MUMBAI: Baba Kalyani voted against his own nephew and lost. Sameer Hiremath, 52, secured the chairmanship of Hikal despite opposition from Bharat Forge’s chairman and MD, with public shareholders tipping the balance.The resolution passed narrowly. Of the votes cast, nearly 52% backed Sameer’s appointment as CMD, against … Read more

The woman told the tax authorities that the property was bought as an investment for future security. (Image for representative purpose only) What if you use your proceeds from long-term capital gains to buy a property owned by your spouse? Is that tax avoidance? In one such case a woman bought her husband’s property from … Read more

File photo: N Chandrasekaran Tata Sons has told the Tata Trusts’ chairman Noel Tata that its decision to reappoint N Chandrasekaran as chairman was legally valid and consistent with the company’s internal governance framework, according to two people with direct knowledge of the letter, as cited by Reuters.The letter marks the conglomerate’s first formal response … Read more

Adani Airports is the second-largest airport operator globally by passenger traffic, according to Bansal MUMBAI: Adani Airports CEO Arun Bansal said the company does not want to compete with its airline customers and has enough opportunities in the airport business, a day after govt said it was examining the pros and cons of allowing airport … Read more

In 2015, the homebuyer decided to purchase two flats being offered by a Mumbai-based builder. Delayed possession of homes can cause grievances to homebuyers. But, what if the builder inserts clauses of deductions if you cancel the booking and ask for a refund?In one such case the Maharashtra Real Estate Appellate Tribunal (MahREAT), Mumbai, has … Read more

An employee whose statutory “wages” are up to Rs 25,000 will now fall within mandatory PF coverage. The government’s decision to increase the provident fund wage ceiling from Rs 15,000 to Rs 25,000 is one of the most significant social security reforms in recent years. The move is expected to expand provident fund, pension and … Read more

There is a certain irony in NSE itself getting listed. The institution that has spent more than three decades providing a platform for companies to raise capital and investors to trade shares became a listed company on Thursday. Because Sebi’s rules do not allow a stock exchange to list on its own platform, NSE made … Read more

The New Delhi-Varanasi service is around 40-50% faster than earlier services on the route. India’s infrastructure expansion has been continuing for several years now, with the fruits of the labour now visible in terms of less travel time between places. Across bridges, tunnels, expressways and railways, projects are replacing long detours, difficult terrain and slower … Read more

On the upside, 155,000 is the crucial resistance level to breach & a sustained move above that level should negate the bearish bias. Gold and silver price prediction today: Gold and silver prices are on the back foot and the downward pressure is expected to continue in the near-term, says Abhilash Koikkara, Head – Forex … Read more

The selloff was not limited to large-cap stocks. The Nifty Midcap 100 and Nifty Smallcap 100 indices each fell. Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in trade on Thursday on weak global cues and a sharp rise in US yields.The stock market came under heavy selling pressure, … Read more

The government has decided to advance the payment of salaries, wages and pensions for central government employees. Bank strike from September 28-30: In lieu of the upcoming three-day bank strike from September 28 to September 30, the Finance Ministry has asked all ministries and departments to arrange for the advance payment of September salaries.The salaries … Read more

Macquarie has started coverage of NSE with an Outperform rating and assigned a target price of Rs 1,965. NSE share price today: Shares of National Stock Exchange (NSE) made a subdued debut on Thursday, opening at Rs 1,800 per share on the BSE. The listing price saw a premium of less than 1% over the … Read more

The ITAT Delhi noted that the woman had claimed a foreign tax credit of Rs 23.48 lakh in her ITR. (Image for representative purpose) You are an Indian-origin US citizen and you pay your taxes in America. But a tax demand for your income is raised in India because of an error on your part. … Read more

Oil prices had slipped below $100 a barrel on Wednesday. Oil prices edged lower on Thursday after rising about 4% in the previous session, as investors assessed signs that Iran remained open to diplomacy to end its war with the US, although the two sides remain far apart on the terms of a possible agreement.At … Read more

Indian stock markets are likely to open lower on Thursday after oil prices rose sharply in the previous session amid renewed tensions between the US and Iran. GIFT Nifty futures stood at 23,270 points at 8:02 am, IST, signalling a weak start for the Nifty 50. Brent crude traded at $102.53 a barrel, down 0.54%, … Read more

Before the IPO opened for subscription, NSE had raised Rs 6,746 crore from more than 150 anchor investors. NSE IPO listing date today: National Stock Exchange of India’s shares will debut on the Bombay Stock Exchange and Metropolitan Stock Exchange of India (MSEI) today.Market participants are also tracking grey market movements closely ahead of the … Read more

The vehicles, which will sell under the AMPSTAR brand, add to JSW’s auto portfolio that includes a joint venture with MG Motors, its own plans for JSW Motors and talks for buying into Skoda-VW in India. MUMBAI: Sajjan Jindal’s JSW Greentech is entering the crowded commercial vehicles business with electric trucks, hoping to not just … Read more

Airtel Money, is preparing for an initial public offering on the London Stock Exchange to raise at least $800 million at an expected valuation of $8 billion to $9 billion. NEW DELHI: Sunil Bharti Mittal’s Airtel Money, a digital financial services platform operating across 13 African markets, has announced its plan to list on the … Read more

Four agencies raise India’s growth projection NEW DELHI: The Asian Development Bank and OECD, along with ratings agencies S&P and Fitch, joined Moody’s in raising India’s growth forecast for the current year. ADB and S&P now expect India’s GDP to expand by 7% this year, compared with their earlier projection of 6.6%, while Fitch has … Read more

MUMBAI: The insurance regulator has sought to curb distribution costs and misselling by tightening limits on commissions and other expenses, after a reform meant to give insurers greater flexibility instead resulted in a big chunk of premium income being gobbled up by distributors.The Insurance Regulatory and Development Authority of India (Irdai), in a consultation paper, … Read more

Top stocks to buy today on September 23, 2026 Stock market recommendations: Deepak Fertilisers & Petrochemicals Corp Ltd, Jubilant FoodWorks, and HDFC Life Insurance Company are the top buy calls from Mehul Kothari, DVP of Technical Research at Anand Rathi Shares for September 23, 2026. He has shared the target prices, stop loss levels and … Read more

Banks to remain shut for 5 days Do you have a pending bank visit, payment or other transactions lined up for the month-end? You may want to get it done by Friday!Banking operations across the country are set to face disruption as bank unions have planed a three-day nationwide strike from September 28 to 30. … Read more

The proposed ban comes as diesel prices have surged amid disruptions linked to the Trump administration’s war against Iran, which began in February, and Ukrainian attacks on Russian oil refineries. Farm-state Republicans have been pressing the administration to act as fuel costs rise. The Trump administration is preparing a 90-day ban on US diesel exports … Read more

The eight-storey, sea-facing tower covers 63,000 square feet (5,853 square meters) in Mumbai’s upscale Juhu neighbourhood. Marking the largest ever single-home purchase in terms of deal size, Angel One founder Dinesh Thakkar has purchased a full residential tower in Mumbai.Dinesh Thakkar, founder and CMD of financial services and stockbroking company Angel One, will acquire an … Read more