Internal dispute has also affected Tata Sons’ leadership, with Noel Tata opposing the board to give chairman N Chandrasekaran another five-year term. NEW DELHI: Tata Trusts, which hold a 66 per cent stake in Tata Sons, have proposed merging two operating companies with the Tata Group’s holding company in a move aimed at taking Tata…
While examining the ITR, the ITAT Delhi found that the bank account details had been provided through Form 3CD. (Image for representative purpose only) You make large cash deposits in your bank account, but report a much lower income in your tax return. The bank reports the deposits to the Income Tax Department as part…
IEX subsidiary seeks licence to launch India’s first organised coal trading exchange NEW DELHI: Indian Energy Exchange’s (IEX) subsidiary, Indian Coal Exchange, has applied to the coal controller organisation (CCO) for a licence to operate a coal exchange in India.Once the licence is granted, Indian Coal Exchange will operate as a physical delivery-based coal trading…
Income tax audit date extended by CBDT by 21 days NEW DELHI: The Central Board of Direct Taxes (CBDT) on Monday extended the due date for filing income-tax returns for Assessment Year 2026-27 by certain taxpayers subject to audit under the Income-tax Act, 1961.The deadline for filing the Return of Income has been extended from…
China cuts tariffs on US farm goods China is offering Washington a little tariff relief — but the door is far from fully open.Beijing plans to cut tariffs on several US agricultural goods, while keeping an additional 10% tariff on soybeans, one of the biggest US farm exports to China.The Chinese commerce ministry’s tariff-reduction list…
For the week ahead, crude oil, Treasury yields, Fed communication and US-Iran negotiations are likely to remain the principal drivers. Gold price prediction today: Gold prices are falling and multiple global factors are likely to continue adding pressure, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Let’s take a look:Gold…
Gold remains under pressure as both bond yields and crude oil prices moved higher. Gold price crash today: The start of the week saw both the precious metals, MCX Gold and MCX Silver, crash on Monday as the rise in oil prices fuelled inflation worries and increased expectations that the US Federal Reserve could raise…
Gold prices fell sharply on Monday, extending losses to more than 2%, as a surge in oil prices stoked inflation concerns and strengthened expectations that the US Federal Reserve could keep interest rates higher for longer.Spot gold fell 2.1% to $4,198.10 an ounce as of 9:35 am IST, putting it on track for its biggest…
Aashirvaad eyes dairy growth in eastern India on rising demand for branded milk BENGALURU: ITC is strengthening its presence in the fresh dairy segment in Eastern India through its flagship Aashirvaad brand, betting on rising demand for branded milk and value-added dairy products across Bihar, West Bengal and Jharkhand. The diversified conglomerate entered the fresh…
Sanitary napkins drive feminine hygiene growth as rural penetration surges NEW DELHI: Feminine hygiene, largely an urban-led category in India, is finding its next leg of growth in rural markets, where penetration is rising rapidly and bringing more households into the category.Rural penetration for feminine hygiene products surged from 28% (MAT June 2022) to nearly…
