Motorcyclists ride past a billboard depicting US President Donald Trump inside a catering container in downtown Tehran, Iran Six months into the war between the US, Israel and Iran, some of the worst fears for the global economy have failed to materialise, despite the conflict driving up energy and food costs, disrupting travel and trade,…

Investors also weighed the risks and potential returns of heavy investment in artificial intelligence infrastructure. Wall Street stocks fell on Wednesday as hotter-than-expected US inflation data pushed Treasury yields higher, adding to concerns about borrowing costs even as major banks assessed the opportunities and risks associated with the artificial intelligence (AI) investment boom.The S&P 500…

The AO invoked the Explanation to Section 73. (Image for representative purpose only) A taxpayer from Mathura earned Rs 8.64 crore through his real estate trading business. However, the said taxpayer alsoincurred a loss of around Rs 34 lakh from futures and options (F&O) trading in the stock market. When the taxpayer filed his income…

India’s semiconductor sector gathers pace with $701 million raised since 2025 (representative image) India’s semiconductor sector has attracted $1.4 billion in cumulative equity funding across 281 funded companies, with nearly half of the amount raised since 2025, according to Tracxn data cited by PTI.The sector raised $701 million since 2025, including $228 million in 2026…