Business News Updates

Do not file ITR now
Do not file ITR now if you want to avoid potential losses; know details here

New financial year started; 59L filed ITR. TDS updates till Dec; others pending. Advised to file ITR between June 15-July 31 to avoid discrepancies.

  • Thursday, 11 April 2024
  • How To
India records 17 pc jump to become 4th largest exporter of digital services
India records 17 pc jump to become 4th largest exporter of digital services: WTO report

According to WTO estimates, global exports of digitally delivered services rose to $4.25 trillion in 2023, up 9 per cent year-on-year, accounting for 13.8 per cent of world exports of goods and services.

  • Thursday, 11 April 2024
  • India
PM Modi and Elon Musk
Tesla CEO Elon Musk confirms India visit, says looking forward to meet PM Modi

Earlier in the day, sources said Musk is expected in India the week of April 22. He is likely to announce the company's investment plans in the country during his visit, the sources said.

Step up vigil against hoarding of pulses: Centre to States
Step up vigil against hoarding of pulses: Centre to States

Stocks in warehouses located in major ports and in industry hubs of pulses should be verified from time to time and strict action should be taken on stockholding entities found to be reporting false information on the stock disclosure portal, the order issued by the Department of Consumer Affairs states.

  • Wednesday, 10 April 2024
BSE clocks 300% growth in market cap, Sensex soars from 25000 to 75000 points in last 10 years under
BSE clocks 300% growth in market cap, Sensex soars from 25000 to 75000 points in last 10 years under Modi govt

According to SEBI chairperson Madhabi Puri Buch, the record valuation of Indian stocks is "an emphatic vote of confidence by foreign portfolio investors (FPI) in India's growth prospects."

Income Tax dept says no special drive to reopen HRA mismatch cases
HRA claims: Relief for taxpayers as Income Tax dept says no special drive to reopen mismatch cases

Data analysis was carried out in some high-value cases of mismatch between the rent paid by the employee and receipt of rent by the recipient for the FY 2020-21.

  • Tuesday, 09 April 2024
Gold
Gold prices shattering records; know reasons behind growing prices of the yellow metal

The price of 24-carat gold in Delhi on Monday was hovering around Rs 71,430 per 10 gms while in Mumbai it was around Rs 71,280 per 10 gms

 RBI Governor
Range-bound rupee most stable among major currencies: RBI Governor

In the previous three years, the INR exhibited the lowest volatility in 2023-24. The relative stability of the INR reflects India’s sound macroeconomic fundamentals, financial stability and improvements in the external position, he added.

  • Friday, 05 April 2024
  • RBI
The Reserve Bank of India
RBI permits use of 3rd party UPI apps for payments from PPI wallets

The RBI Governor also said that it has been decided to all the distribution of Central Bank Digital Currency (CBDC) through non-bank payment system operators to make CBDC-Retail accessible to a broader segment of users.

RBI
RBI leaves key repo rate unchanged at 6.5%, focus on keeping inflation in check

RBI Governor Shaktikanta Das said that the decision was made with five of the six members of the Monetary Policy Committee (MPC) favouring no change in the repo rate.

PM Modi's determination set to bring Tesla to Indian roads soon, company scouting for factory land
PM Modi's determination set to bring Tesla to Indian roads soon, company scouting for factory land

The tech billionaire is finally sending a team of experts to scout for a possible location to set up a $2-$3 billion EV plant in the country.

Income Tax Dept
Income Tax Returns filing made easy, e-portal thrown open to taxpayers

The ITR-1, ITR-2 and ITR-4, commonly used by taxpayers are available on the e-filing portal from 1st April, 2024 onwards for taxpayers to file their returns.

  • Thursday, 04 April 2024
Gold prices drop
Gold prices hit record high in Bhubaneswar; experts open up on rising rates

The experts are also apprehensive of any change (decrease) in rates of the yellow metal anytime soon given that the marriage season is on the cards.

Govt allows additional 10,000 tonnes of onion exports to UAE
India allows additional 10,000 tonnes of onion exports to UAE

The order, issued by the Directorate General of Foreign Trade (DGFT) late on Tuesday, will be in addition to the 14,400 tonnes of onion that was earlier permitted for export to the UAE on March 1.

  • Wednesday, 03 April 2024
  • India
Gold price in India hit record high of Rs 69,640 per 10 grams; check details
Gold price in India hit record high of Rs 69,640 per 10 grams; check details

In the international market, spot gold was up 0.2 per cent at $2,283.76 per ounce in morning trade after touching an all-time high of $2,288.09 earlier in the session.

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