Business

The Income Tax Department said more than 4 crore income tax returns have been filed for AY 2026-27 and urged eligible taxpayers to complete the process before the July 31 deadline to avoid last-minute rush and ensure smooth processing of returns

PL Wealth retained its overweight stance on Indian equities, citing strong long-term fundamentals despite risks from inflation, crude oil prices, the rupee and foreign outflows. The report recommends phased investments in quality stocks while favouring infrastructure, financials and manufacturing themes

The rupee appreciated 28 paise against the US dollar in early Monday trade, supported by declining crude oil prices, easing geopolitical tensions in West Asia, a weaker dollar index and strong domestic equities, even as foreign institutional investors remained net sellers.

Indian benchmark indices opened higher as falling crude oil prices boosted investor sentiment. Sensex climbed over 549 points and Nifty gained 160 points, with all sectoral indices advancing. IT, financial services and FMCG stocks led gains amid easing global oil prices

The Centre's Corporate Mitra Scheme aims to support MSMEs with affordable compliance, taxation, accounting and governance services while training young graduates as para-professionals. IICA Shillong conducted an awareness webinar to promote the initiative, particularly across the North Eastern Region

Development should not only be measured by highways, hospitals and digital platforms, but also by how effortlessly people access them

Benchmark equity indices are expected to remain under pressure this week as rising crude oil prices, geopolitical tensions and mixed corporate earnings weigh on investor sentiment. Analysts see immediate resistance for the Sensex at 76,300 and crucial support for the Nifty near 23,600

Stock markets are expected to remain driven by developments in the West Asia conflict, crude oil prices, the US Federal Reserve's policy decision and domestic earnings this week. Investors will also monitor June IIP data and key corporate quarterly results for market direction

India attracted Rs 14,945 crore in FPI equity inflows through July 24 as weakening global chip trade benefited markets. However, rising crude oil prices, geopolitical tensions and foreign selling pressured equities, with analysts highlighting oil prices as a key market factor

Nepal has allowed Indian and Nepali citizens to carry Indian Rs 200 and Rs 500 notes up to INR 25,000, if issued after November 9, 2016. The move aims to ease currency movement, boost tourism and facilitate cross-border trade

Hyderabad-based Skyroot’s orbital success signals a startup revolution, and a turning point for India’s private space industry

The India-UK Free Trade Agreement could elevate bilateral trade to $115 billion by 2030 and generate up to 10 lakh jobs, according to an Assocham study. The deal entered into force on July 15, 2026, boosting key export sectors

The government said the US has placed India in the lower 10 per cent tariff bracket under Section 301 measures on forced labour concerns. Around 45 per cent of India's exports remain exempt, while both countries continue negotiations on a bilateral trade agreement

If the premier space agency is to retain its best talent, it must modernise career pathways, reward innovation and foster a more attractive and empowering workplace

India's cotton production declined to 290.91 lakh bales in FY26 from 352.48 lakh bales in FY21 as cultivation area shrank. The government said productivity remained stable and assured that domestic demand would continue to be met through production, carry-over stocks and imports

Honda Motorcycle and Scooter India has unveiled 10 new two-wheelers and reaffirmed its multi-technology strategy, combining ICE, electric mobility and alternative fuels. The company said sustainability must remain practical while strengthening its Make in India manufacturing and export plans

Infosys shares fell nearly 3 per cent after the IT major lowered the upper end of its FY27 revenue growth guidance despite reporting a 12.2 per cent rise in June quarter net profit. The company also announced Ashiss Kumar Dash as CEO-designate

The government has mandated that all telecommunication network data, logs and related information be stored exclusively in India under a new authorisation framework. The rules also strengthen compliance monitoring while introducing provisions for cloud-hosted telecom networks and other infrastructure providers

Benchmark indices Sensex and Nifty declined sharply in early trade as Brent crude crossed the USD 100 mark amid escalating tensions in West Asia. Rising oil prices, foreign fund outflows and weak global cues weighed heavily on investor sentiment

The rupee gained 22 paise against the US dollar in early trade, supported by likely RBI intervention and a softer dollar. However, elevated crude oil prices, FII outflows and weak domestic equities continued to weigh on the local currency

Adani Enterprises has denied media reports claiming it plans to launch an airline, calling them baseless and factually incorrect. The company said it is not evaluating any such proposal, while continuing to focus on developing integrated airport cities across its airport network

The rupee weakened by 4 paise to close at 96.57 against the US dollar as elevated crude oil prices and weak domestic equities weighed on sentiment. Traders said likely RBI intervention helped limit losses despite heightened geopolitical tensions in West Asia

Global crude oil prices jumped over 2 per cent after Iran-backed Houthi militants claimed attacks on two Saudi oil tankers in the Red Sea. The escalation heightened fears of supply disruptions, pushing Brent above $96 a barrel and raising inflation concerns for oil-importing countries

While the Semicon 2.0 policy push is laudable, several factors continue to hold back India’s aspirations to emerge as a global semiconductor hub