Mumbai: Stock markets rebounded on Tuesday with the sensex climbing nearly 595 points on renewed optimism over the resumption of the India-US trade talks. The sensex jumped 595 points to settle at 82,381 following buying in auto and IT shares. During the day, it surged 658 points to 82,443. agencies Source link
New Delhi: Vedanta Resources CEO Deshnee Naidoo showed optimism that demerger of its Indian arm Vedanta will be completed in current fiscal and stressed that her focus now is on restructuring of company.NCLT on Wednesday will hear Vedanta’s proposed demerger of business verticals. agencies Source link
NEW DELHI: Jindal Steel International, the global steel arm of the Naveen Jindal Group, said on Tuesday that it had made a non-binding offer to acquire the steel assets of Thyssenkrupp Steel Europe (TKSE), Germany’s largest flat steel manufacturer.The company said in a statement that it will enter into discussions with Thyssenkrupp AG to acquire…
After years of scepticism and branding Chinese stock markets as “uninvestable”, foreign investors are once again turning their attention to Chinese equities, betting on the country’s resilience in artificial intelligence, semiconductors and biotech as well as a growing need for diversification beyond US assets.Progress in China’s AI adoption, its push in semiconductors, and breakthroughs in…
Filing an ITR beyond the designated deadline is classified as a belated return, which can be submitted through December 31, 2025. (AI image) ITR filing FY 2024-25 due date: ITR filing FY 2024-25 due date: There is no intimation as of 12:00 AM, September 17, 2025 from the Income Tax Department on extension of ITR…
BENGALURU: Gameskraft Technologies accused its former group chief financial officer, Ramesh Prabhu, of diverting company funds into unauthorised futures and options trading, causing losses he estimated at more than Rs 250 crore. Following a fact-finding review, the company wrote off Rs 270.4 crore in its accounts for the 2024-25 financial year. The allegations form part…
Insurers will no longer be able to claim input tax credit (ITC) on Goods and Services Tax (GST) paid on commissions and brokerage for individual health and life insurance policies from September 22, the Central Board of Indirect Taxes and Customs (CBIC) clarified on Tuesday. The move comes ahead of the implementation of the new…
The US Federal Reserve opened a key interest rate meeting on Tuesday, just hours after Donald Trump’s close aide Stephen Miran was sworn in as a governor of the central bank, while another top official, Lisa Cook, is fighting the president’s attempt to oust her.Miran, who has been a senior adviser to Trump, took the…
US stocks stayed close to record highs on Tuesday as investors awaited the Federal Reserve’s first interest rate cut of the year, expected on Wednesday. The S&P 500 rose 0.1% from its recent peak, the Dow Jones Industrial Average gained 52 points, or 0.1%, and the Nasdaq composite was 0.1% higher as of 9:35 a.m….
India has placed its $4 billion National Critical Mineral Mission at the heart of its energy strategy, with fresh emphasis on overseas acquisitions to secure supplies of lithium, cobalt and nickel. Union Minister for Coal and Mines G Kishan Reddy said on Tuesday that state-run Khanij Bidesh India Limited (KABIL) is holding active negotiations with…
