The issue came to light after it was reported that vendors in Bengaluru are increasingly declining UPI as a payment mode, asking customers to pay in cash instead. (AI image) Bengaluru GST row: Small scale traders and merchants in Karnataka have expressed grave apprehension following the receipt of GST notifications from the commercial tax authorities…
Representative image (TOI) Asian markets surged on Wednesday, led by the rally in Japanese shares, after US President Donald Trump announced a trade deal with Japan that eased tariffs and boosted investor sentiments.Japan’s Nikkei surged 2.6% on Wednesday, driven by a rally in automaker stocks after news that the auto tariff would be cut to…
Gold price prediction: Gold prices may see further consolidative moves trading in a tight range in near term. (AI image) Gold price prediction today: Gold prices will continue to be influenced by global economic outcomes in the shadow of US President Donald Trump’s looming August 1, 2025 reciprocal tariff deadline. What should gold and silver…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, RHI Magnesita India, Exide Industries, and Swiggy are the top stocks to buy today:RHIM – Breakout Above 200 EMA/SMABuy near: ₹510 | SL: ₹470 | Target: ₹600RHI Magnesita India has delivered…
Indian Overseas Bank (Image only for representation) CHENNAI: The Hong Kong Monetary Authority has imposed a penalty of HK$8.5 million (Rs 9.3 crore) on Indian Overseas Bank, Hong Kong branch (IOBHK) for contraventions of anti-money laundering and counter-terrorist financing ordinance (AMLO). It has pulled up the lender for “significant failure” to mitigate risks.Apart from IOB,…
MUMBAI: An SBI report has cautioned that aggressive tax enforcement targeting small businesses could undermine the gains of formalisation under the GST. In a research note, the bank cautioned that such measures risk pushing informal players back into the cash economy. “A recent case from Karnataka illustrates this tension, where numerous small traders and shopkeepers…
MUMBAI: Paytm swung to profit in the June quarter after two straight quarters of losses, posting net profits of Rs 123 crore on a consolidated basis as attempts to check costs and streamline operations leveraging AI paid off. This is the company’s first quarter of profit from its core business.The fintech, whose business was impacted…
General Motors reported a 35% year-on-year decline in second-quarter profit but managed to surpass Wall Street expectations and held firm on its full-year outlook that had been revised downward in May due to tariff-related headwinds.For the quarter ended June 30, GM posted a net profit of $1.89 billion, or $1.91 per share, compared to $2.93…
MUMBAI: Paytm swung to profit in the June quarter after two straight quarters of losses, posting net profits of Rs 123 crore on a consolidated basis as attempts to check costs and streamline operations leveraging AI paid off. The Noida-based fintech, whose business had been impacted following RBI’s directive to wind down its banking unit…
Gold rate today: Gold prices jumped Rs 1,000 on Tuesday to reclaim the Rs 1 lakh per 10 grams mark in the national capital amid strong buying by stockists, according to the All India Sarafa Association.The price of gold with 99.9% purity hit a four-week high of Rs 1,00,020 per 10 grams, up from the…
