Business
NEW DELHI: The last Indian warship to be built abroad, a 3,900-tonne multi-role stealth frigate packed with sensors and weapons like the BrahMos supersonic cruise missiles, will be commissioned as INS Tamal in Russia on July 1.The Navy currently has 59 warships and vessels under construction in Indian shipyards at an overall cost of around…
New Delhi: Oil prices rose to their highest level since January this year on Monday after the US strikes on nuclear facilities in Iran, with the country threatening to shut Strait of Hormuz, through which around 20 per cent of global crude supply flows. Brent crude futures was up $1.92 or 2.49 per cent at…
CM Yogi holds Janta Darbar LUCKNOW: Uttar Pradesh Chief Minister Adiyanath Yogi organised a ‘Janta Darshan’ in Lucknow on Monday. At the Janta Darshan, a young girl named Vashi requested the CM to help get her enrolled in school. The CM interacted with her, asking which school she wanted to go to and which class…
IT stocks: Shares of IT companies like Tata Consultancy Services (TCS), Infosys, HCL Tech and Wipro fell as much as 3 per cent on Monday following Accenture’s financial results. Infosys fell over 2.43 per cent, becoming the biggest laggard on Nifty IT index. Meanwhile, TCS, Wipro and HCL Tech slipped below 2 per cent on…
Many credit card users across the country have reported that they continuously receive emails regarding credit balance refunds long after their credit card accounts have been officially closed. These mails and messages can cause confusion, doubts and speculations especially when credit card users are unsure about the final status of their outstanding balances or their…
Q. I have been an NRI for the past 24 years. I have some NRE and FCNR deposits which will mature after 1-April-2026. If I come back to India in July 2025 for good, my residential status for AY-2026-2027 will be Resident but Not Ordinary Resident (RNOR). Do I have to liquidate all my NRE…
The One Big Beautiful Bill Act was passed by the U.S. House of Representatives on May 22, 2025. | Photo Credit: Getty Images/iStock New Delhi The U.S. government has decided to cut the tax it plans to levy on outward remittances sent to other countries, including India, from the earlier planned 5% to 3.5%. This…
NEW DELHI: The Congress party on Monday criticised US President Donald Trump’s decision to launch airstrikes on Iran’s nuclear enrichment facilities, saying it goes against his own statements supporting continued talks with Iran. The party also criticised the Central government for not speaking out against the US bombing or Israel’s actions.“President Trump’s decision to unleash…
New Delhi: In a bid to make income tax filing easier for taxpayers, the Income Tax DEpartment has introduced pre-filled ITR forms on the e-filing portal. This feature has been available for several years and aims to simplify the process by automatically filling in key financial details sourced from banks, Aadhaar and other institutions.// E-filing…
Iran President Masoud Pezeshkian thanked the PM for India’s position and call for de-escalation and said India’s voice and role were important in the restoration of regional peace and stability. “We discussed in detail about the current situation… Reiterated our call for immediate de-escalation, dialogue and diplomacy as the way forward and for early restoration…
Stocks to buy for the short term: Indian stock market benchmarks, the Sensex and the Nifty 50, crashed over a per cent each in intraday trade on Monday, June 23, as Israel-Iran war escalates further, crude oil prices rise sharply and investors dump riskier equities and rush to safe haven assets. As it is difficult…
Personal loans: This calendar year, Reserve Bank of India (RBI) has cut repo rates by 100 basis points, thus leading to lower interest rates on loans as well as fixed deposits. From home to car – several loan categories are set to get cheaper now. However, the same may not be true for personal loans. These…
Getting the first credit card is a major financial milestone. When it is used rationally, it can help you build a strong credit history, offers rewards, and convenience to daily expenses. But when it comes to beginners, it is easy to get overwhelmed by eligibility criteria, and the risk of falling into debt. Here’s a…
Reserve Bank of India (RBI) approved the transfer of ₹ 2,68,590.07 crore as surplus to the Centre. File | Photo Credit: Reuters The Reserve Bank of India (RBI) on Friday (May 23, 2025) approved the transfer of ₹2,68,590.07-crore as surplus to the Central Government for the accounting year 2024-25. Under the the Chairmanship of RBI Governor Sanjay…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: AP Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday (June 23, 2025) amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. The 30-share BSE Sensex tumbled 705.65 points to 81,702.52 in…
RUDRAPRAYAG: Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday said that the ongoing Kedarnath Dham Yatra has become a confluence of the remarkable synergy between spiritual devotion and development in the state. Taking to X, CM Dhami announced that in a span of just 48 days, more than 11.4 lakh devotees have paid their respects…
