Net direct tax revenue recorded a growth of 6.33 per cent so far in the current fiscal, reaching over Rs 11.89 lakh crore till October 12, driven by higher corporate tax collections and slower refund issuances, PTI reported. Refunds issued during this period dropped 16 per cent to Rs 2.03 lakh crore.According to official data,…
The Employees’ Provident Fund Organisation (EPFO) on Monday extended the deadline for filing EPF returns, or Electronic Challan-cum-Return (ECR), for the wage month of September 2025 by one week to October 22, PTI reported.Employers are normally required to file the ECR by the 15th of every month. The extension comes in view of requests from…
US stocks rebounded on Monday after President Donald Trump signalled a softer approach on China, easing market fears of escalating tariffs and a potential trade clash.The S&P 500 rose 1.1%, recovering nearly half of its steep decline on Friday, which had marked its worst drop since April. The Dow Jones Industrial Average gained 413 points,…
HCL Technologies on Monday reported a flat consolidated net profit of Rs 4,235 crore for the quarter ended September 30, 2025.On a sequential basis, the IT giant’s net profit rose 10.2 per cent compared to Rs 3,843 crore recorded in the June quarter, PTI reported.The company’s consolidated revenue increased 10.6 per cent year-on-year to Rs…
The market is rebounding, but analysts see plenty of reason for concern about heightened tensions between Washington and Beijing. Source link
India’s silver market has witnessed unprecedented momentum this year, with domestic prices soaring 53 per cent so far in 2025, significantly outperforming gold, which has risen nearly 49 per cent, according to market observers. The surge has also triggered a spike in investment inflows into silver exchange-traded funds (ETFs), reportedly tripling those into gold ETFs,…
A group of financiers is trying to convince the public to invest heavily in private equity and crypto — a risky gambit with some real 1920s vibes. Source link
India’s retail inflation eased sharply to 1.54% in September 2025, the lowest since June 2017, as food prices continued to decline for the fourth consecutive month, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI).The latest figures, based on the All India Consumer Price Index (CPI), mark a 53-basis point drop…
Joel Mokyr was awarded half of the prize, and Philippe Aghion and Peter Howitt shared the other half. Source link
Gold may be synonymous with festivals and weddings in India, but this season the metal’s dazzling rise has kept many buyers away. Even as shopfronts sparkle with festive offers, record-high prices have dulled demand for the yellow metal.On October 7, gold futures on the Multi Commodity Exchange (MCX) scaled Rs 1,21,111 per 10 g, marking…
