The absence of an original ITR became a key issue. An Indian working in Kuwait and originally from Ahmedabad received an income tax notice after he failed to file an Income Tax Return (ITR), despite remitting more than a crore to his bank accounts in India.The man had moved to Kuwait to work in the…
Gold’s intraday structure has turned constructive after the sharp recovery from lower levels. Gold price prediction today: Gold is showing a constructive intraday bias and a buy on dips strategy is favoured, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. The analyst shares the rationale:MCX Gold October futures are showing signs…
Outlook for the precious metals remains closely tied to the direction of US monetary policy, with expectations of higher interest rates emerging as a key pressure point for the metal. Stronger-than-expected inflation data could reinforce expectations of further rate increases, while elevated bond yields and a firmer US dollar could add to the pressure on…
Top stocks to buy today on September 11, 2026 Stock market recommendations:Finolex Cables, Adani Ports, and Emmvee Photovoltaic Power are the top stocks to buy today on September 11, 2026, identified and recommended by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One. Here’s what he has to say:Buy Finolex Cables at Rs 1418-1410;…
Rupee falls 27 paise against US dollar Rupee began Friday on a weak note, falling 27 paise to extend its decline against the US dollar. In early trading, the currency touched 95.79 as high crude oil prices and foreign portfolio outflows continued to weigh it down.Rupee began the session at 95.70 against the dollar at…
IMF hails India’s 7.8% growth, calls economy a key global growth engine India’s economy has stayed on the growth track despite the energy price shock, with real GDP rising 7.8% in the April-June quarter. The IMF hailed the stronger-than-expected performance, saying that the growth was boosted by better-than-expected activity in services and exports.At a press…
Oil crosses $100 again as Middle East attacks fuel supply fears Oil prices extended their gains on Friday, with both major benchmarks on track to finish the week above $100 a barrel for the first time since mid-May, as growing attacks along key shipping routes in the Middle East heightened concerns over prolonged supply disruptions.Around…
NEW DELHI: Emerging sectors, such as space, data centers, solar energy, semiconductors and electronics are set to drive the next phase of industrial revolution in India as the large domestic opportunity is driving private participation.Supportive govt policies, such as tax holidays for establishing data centres, large incentive schemes for boosting semiconductor production, electronics and solar…
MUMBAI: Small towns are fueling the growth of Flipkart’s quick commerce business Minutes. Cities such as Siliguri, Ambala, Barabanki, Bhagalpur and Durgapur are seeing huge consumer adoption with the overall customer base growing nearly 25 times year-on-year across such regions, the Walmart-owned company said.The broader Minutes business has expanded four times y-o-y since its launch…
MUMBAI: Discounting volatility in the stock market, investors poured in money through the mutual fund route that led to a record Rs 32,297 crore in gross monthly inflows through the systematic investment plan (SIP) route in Aug. This, combined with strong buying across most equity mutual fund categories, lifted the total assets managed by the…
