The Enforcement Directorate (ED) is investigating 32 bank fraud cases involving 54 accused who have left the country, minister of state for finance Pankaj Chaudhary told the Rajya Sabha on Tuesday. The cases are being probed under the Prevention of Money-laundering Act (PMLA), 2002.Sharing details in a written reply, Chaudhary said that the agency has…
Such growth would be the strongest earnings expansion since the extraordinary rebound in the spring of 2021. US stock market today: Wall Street moved closer to fresh record highs on Tuesday as easing oil prices and another round of strong corporate earnings lifted investor sentiment.The S&P 500 gained 0.6% and was on course to surpass…
Policymakers are evaluating two broad models for introducing a Merchant Discount Rate for UPI payments. India has taken a step towards allowing merchant charges on Unified Payments Interface (UPI) transactions after proposed amendments to the country’s payments law were introduced in Parliament on Tuesday.UPI, among the world’s largest real-time payment systems, handled 23.6 billion transactions…
The govt assured strict action in case any contamination or adulteration is found The Ministry of Petroleum and Natural Gas on Tuesday said additional checks have been introduced to detect fuel contamination and adulteration, dismissing reports of fuel-quality issues.“Fuel quality is monitored on a regular basis by Oil Marketing Companies,” the ministry said, adding that…
Government’s stake sale in Life Insurance Corporation (LIC) saw strong participation from institutional investors in the first leg of the Offer-for-Sale (OFS), with nearly two-thirds of the shares reserved for them subscribed by noon on Tuesday.Data available till midday showed institutional investors had bid for more than 18.81 crore shares, amounting to 66.10% of the…
Which are the top stock picks for August 4, 2026? Stock market recommendations: Honasa Consumer, Gland Pharma, Bata India, and Siemens – these are the top stocks to buy picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for August 4, 2026:Buy Honasa Consumer at CMP; Stop Loss: 437 on a closing basis;…
Why a weaker dollar suits US president Trump (Photo credit: Reuters) The US has taken the extraordinary step of helping Japan pull the yen back from a four-decade low, signalling that Washington sees the currency’s collapse as more than Tokyo’s economic problem.The joint intervention drove the yen from nearly 164 against the dollar last month…
The Income Tax Department begins processing refunds only after a taxpayer completes e-verification of the return. Income tax refund status: Have you filed your income tax return within the deadline? Were you eligible for a refund and are wondering when the amount will be credited in your bank account? The deadline for filing Income Tax…
The July export shipment volume was the highest recorded for the month since Kpler began tracking the data in 2017. Amid the ongoing US-Iran conflict, India’s fuel exports have hit a 1-year high. Exports of refined petroleum products climbed to a one-year high in July, supported by strong diesel refining margins, Russia’s ban on diesel…
Gold price prediction today: Gold prices will continue to be influenced by US-Iran talks and macroeconomic data in America which would likely provide direction to the Federal Reserve on its rate decisions, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
