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Home  Business

Business

CBDT hails new Income Tax Act as milestone towards Viksit Bharat

CBDT hails new Income Tax Act as milestone towards Viksit Bharat

  • IndiGo hikes fuel charges amid soaring ATF costs

    IndiGo has announced a hike in fuel charges on domestic and international flights starting April 2, citing a sharp rise in aviation turbine fuel (ATF) prices due to global supply chain disruptions. The airline has introduced a distance-based surcharge for domestic routes and revised charges for international destinations.
  • When Steve Jobs founded a startup on April Fools’ Day — and pulled it off

    On January 9, 2007, Jobs unveiled “three” breakthroughs — an iPod, a phone, and an internet device — then stunned the world: it's one device, And it's called the iPhone
  • Rs 2,000 banknotes withdrawal nears completion, says RBI

    The Reserve Bank of India announced that 98.45 per cent of Rs 2,000 banknotes withdrawn from circulation since May 2023 have been returned. Exchange facilities remain open at RBI offices and via India Post, while the notes continue to be recognised as legal tender.
  • Mahindra reports 21 per cent growth in March auto sales

    Mahindra & Mahindra reported total auto sales of 99,969 vehicles in March 2026, up 21 per cent. Growth was driven by strong SUV and commercial vehicle demand, while the company also recorded all-time-high annual volumes across key segments
  • NSE to launch natural gas derivatives in collaboration with IGX

    The National Stock Exchange (NSE) has partnered with Indian Gas Exchange Ltd to launch natural gas futures based on the Gas IndeX of India (GIXI), providing transparent risk management and enhancing liquidity in India’s domestic gas market
  • Israeli defence firm supplies first batch of light machine guns to India

    Israel Weapons Industries, via joint venture PLR Systems, delivered 2,000 NEGEV 7.62x51 LMGs to India under the 'Make in India' initiative. Technology transfer supports domestic defence manufacturing and strengthens India-Israel defence cooperation
  • Rupee gains 15 paise against US dollar in early trade amid positive market cues

    The rupee gained 15 paise to 94.70 against the US dollar in early trade, supported by strong domestic equities and a weaker dollar. However, rising crude oil prices and sustained foreign fund outflows continued to exert pressure on the local currency.
  • Sensex jumps nearly 1,900 points, Nifty surges as global markets rally

    Benchmark indices Sensex and Nifty surged in early trade as global markets rallied on hopes of de-escalation in the West Asia conflict. Strong Asian cues and gains in US markets boosted investor sentiment, even as Brent crude traded above USD 105 per barrel.
  • Jet fuel price hiked by 8.5 pc for domestic airlines, more than doubles for others

    Jet fuel prices in New Delhi surged to a record 2.07 lakh per kilolitre amid global oil spikes from the West Asia conflict, though domestic airlines saw a limited rise. Commercial LPG rates also increased, raising operating costs
  • India bars sale of non-certified imported CCTVs from April 1

    The government has barred the sale of imported CCTV cameras without Standardisation Testing and Quality Certification from April 1, allowing only certified products in the market. The move is expected to benefit domestic manufacturers but may lead to price increases
  • Opinion: Public Policy doesn’t just have jobs. It has careers

    Public policy promises not comfort but relevance, offering no fixed ladder but adaptive, impactful, purpose-driven careers that evolve with society and the state in the 21st century
  • Govt cancels auction of 11 critical, strategic mineral blocks

      The government cancelled auctions of 11 critical mineral blocks due to poor investor response and insufficient bidders, dealing a setback to domestic exploration efforts amid rising global demand for strategic minerals like lithium and rare earth elements 
  • RBI should use forex reserves to prop up rupee: SBI report

    A State Bank of India report urged the Reserve Bank of India to use forex reserves to stabilise the rupee amid West Asia tensions. It flagged volatility, suggested market interventions, and proposed measures to manage foreign exchange demand
  • First phase of Census 2027 to begin in Delhi from April 16

    The first phase of Census 2027 will begin in Delhi on April 16, covering house listing operations. The exercise will be fully digital, include self-enumeration, and collect detailed information on households, amenities, and assets across different civic jurisdictions
  • CMPDIL shares fall over 10 pc on stock market debut

    Shares of Coal India’s subsidiary CMPDIL ended over 10 per cent lower on debut, closing below the issue price of Rs 172. The stock listed at a discount on both BSE and NSE after its recently subscribed Rs 1,842-crore IPO
  • India has ATF supply for 60 days, says Aviation Minister

    Civil Aviation Minister Kinjarapu Rammohan Naidu said India has sufficient Aviation Turbine Fuel supply for the next 60 days despite global oil concerns. He also highlighted increased airline safety audits and confirmed compliance with DGCA inspection directives
  • India has adequate fertiliser stocks despite global supply concerns

    The government said fertiliser stocks stand at 180 LMT, higher than last year, despite global supply challenges. Officials also confirmed adequate fuel inventories, while steps such as long-term import agreements and diversified sourcing are ensuring steady availability across sectors
  • Rupee crosses 95 per dollar mark for first time amid global tensions

    The Indian rupee crossed the 95 per dollar mark for the first time, ending at a record low amid rising oil prices and global tensions. Weak equity markets and foreign fund outflows further weighed on the currency during the March quarter
  • Sensex and Nifty fall sharply on global tensions at fiscal year-end

    Indian stock markets ended FY2026 on a weak note, with Sensex and Nifty falling sharply due to global tensions and inflation concerns. Financial stocks led the decline, while broader markets also slipped amid cautious investor sentiment and geopolitical uncertainty
  • Gold, silver tumble as inflation fears dim hopes of US Fed rate cut

    Gold and silver prices declined sharply on Monday in domestic and global markets as rising energy prices and inflation concerns dampened hopes of a US Federal Reserve rate cut. A stronger dollar and geopolitical tensions also weighed on precious metal prices.
  • Sensex, Nifty tumble in early trade as West Asia war pushes oil prices higher

    Benchmark indices Sensex and Nifty tumbled in early trade as escalating conflict in West Asia pushed crude oil prices higher and triggered heavy foreign fund outflows. Rising geopolitical tensions and global market weakness weighed heavily on investor sentiment.
  • Rupee rebounds 128 paise from record low after RBI caps banks’ net open position

    The rupee rebounded 128 paise from its record low in early trade after the Reserve Bank of India capped banks’ net open position at USD 100 million. However, rising crude oil prices, geopolitical tensions and a strong dollar continue to pressure the currency.
  • Thane consumer commission rules against Ola Electric in service deficiency case

    A Thane consumer commission has directed Ola Electric Technologies to either replace a defective scooter or refund the full purchase amount to a Navi Mumbai advocate, citing serious service lapses and unfair trade practices.
  • Stock market volatility wipes out Rs 1.75 lakh crore in top firms

    Seven of India’s top 10 most valued companies lost Rs 1.75 lakh crore in market value last week amid global uncertainties. Reliance Industries led the losses, while markets remained volatile due to geopolitical tensions and weak global cues
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