Auto sector drive: Nitin Gadkari sets 5-year goal to make India no.1 globally, highlights Rs 22 lakh crore growth and logistics gains

Union Minister Nitin Gadkari on Tuesday said the government’s aim is to make India’s automobile industry the number one in the world within the next five years.Launching a report prepared by The Express Industry Council of India (EICI) and KPMG, Gadkari said the outlook for the express industry is also promising.“The size of Indian automobile…

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ITR filing: What is updated income tax return and ITR-U? Who can file & what you can’t change – top points to know

ITR filing: Taxpayers who miss the regular deadline for filing their income tax return get an additional chance through the updated income tax return (ITR-U) facility, introduced under Section 139(8A) of the Income Tax Act. This option allows individuals to correct errors, add omitted income, or rectify misreporting even after the due dates for belated…

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Fed succession race: US Treasury chief Scott Bessent says interviews for new chair to begin September 1, 11 candidates in fray

US Treasury Secretary Scott Bessent on Tuesday said that interviews for Federal Reserve Chair Jerome Powell’s replacement are expected to start around September 1, with 11 candidates under consideration.President Donald Trump’s choice of the next Fed chief is being closely tracked, especially after his repeated criticism of the central bank for holding back on interest…

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