CATEGORIES

Which ITR form should you use to report F&O income?

Some traders use ITR-4 which allows the benefit of presumptive taxation, others use ITR-3

Netanyahu hails advance into Gaza

Israeli forces have pushed further into Gaza City in their assault on Hamas in the north of the Gaza Strip, prime minister Benjamin Netanyahu said on Thursday, but they faced resistance from militant hit-and-run attacks from underground tunnels.

Gaza living conditions grim

Israel has blocked off all power and fuel supply, and is allowing in only a trickle of food and medicine

Developed nations not keen on $100 bn climate funding: Goyal

'India hopes to find a solution around a domestic tax to resolve the CBAM issue'

Investcorp eyes India AUM of $5 bn in five yrs

Less than 2% of Investcorp's global assets under management is in India

IBC changes over recovery of aircraft retrospective: DGCA

Regulator Directorate General of Civil Aviation (DGCA) has told the Delhi high court that it regards the corporate affairs ministry's changes regarding the recovery of leased aircraft during insolvency as retroactively applicable, a development with huge implications for the revival of Go First airline.

'Digital twins of organs can help us solve big challenges'

India's largest IT services provider Tata Consultancy Services (TCS) is building a digital twin of the heart of American marathoner Des Linden, who will participate in the New York City Marathon on 5 November.

TaMo to leverage JLR platform for premium EV play

Tata Motors Ltd's passenger electric vehicle subsidiary on Thursday said it will enter a strategic partnership with Jaguar Land Rover, the wholly-owned British luxury vehicle arm of the group, to leverage its electrified modular architecture (EMA) platform and develop its premium pure EV series, Avinya.

Adani Enterprises Q2 net profit halves to ₹228 crore

Decline primarily due to the weak performance in its key coal trading division

'Sebi role like that of a trapeze artist'

The Securities and Exchange Board of India's (Sebi) role is to maintain a fine balance between regulating and developing the markets, and protecting investor interest, comparable to a trapeze artist, a senior official said on Thursday.

Why Britannia won't cede margins

Britannia Industries Ltd's flattish volume growth during the September quarter (Q2 FY24) is a damp squib. But investors seem to be enamoured with the stellar margin show. Shares of the biscuit-maker closed 3% higher on Thursday.

Let foreign cos send SMS only, telcos say

Indian telecom service providers have sought the government's 'urgent and immediate' intervention to stop companies like Amazon and Microsoft from sending international messages to customers in India via OTT platforms such as Whatsapp and Telegram instead of the legally permitted route of text messaging or SMS.

Real money gamers may play less following GST burden

A large number of real money gamers said they are likely to play less following the decision of the government to charge a steep 28% goods and services tax (GST) on gamers.

'Al beginning to show very high-quality results now'

Every company needs to have an AI strategy, says Shailendra Singh of Peak XV Partners

'Rupee may find traction in neighbourhood before going international'

India's plans to internationalize the domestic currency are likely to find traction in its immediate neighbourhood in the first instance, as it works its way through other emerging economies, Exim Bank deputy managing director N. Ramesh said.

Lower penalties for smaller miners soon

In yet another reform measure, the Centre plans to ease penalties in mineral concessions for small and medium miners for a range of offences.

Govt to reduce Bharat Atta price by ₹2/kg in festive sop

All-India average wheat flour prices have increased 4.1% this year to touch ₹35.84 per kg

Karnataka eyes $3 bn for chip, related biz

Karnataka information technology minister Priyank Kharge said the K state aims to corner investments worth $2.8-3 billion in the semiconductor-related electronics manufacturing sector, converting at least 50% of them by March 2024.

Zurich to buy 51% in Kotak gen insurance for ₹4,051 cr

Zurich Insurance Co. Ltd on Thursday marked its India entry by agreeing to buy a majority stake in Kotak Mahindra General Insurance in the single-largest investment by a global strategic insurer in an Indian non-life insurer.

India Inc to roll out 9-10% hike, focus on retaining talent

India Inc. is expected to offer median increments of 9-10%, with macroeconomic pressures pushing companies to be more prudent. Consulting companies, such as Aon, Deloitte, and WTW, which determine corporate compensation across sectors, expect manufacturing, engineering, retail, and pharmaceutical sectors to offer marginally higher salary hikes and the IT sector to bear the brunt of reduced budgets.

TCS challenge: Filling a $450mn order void

Changes at Deutsche Bank, Nielsen, Transamerica may hit TCS

Why ESG Norms Are Unnerving India Inc

Companies seem unprepared. However, they have little choice but to embrace the rules

Income Tax Returns Hit Record 76.5 Mn For AY 2023-24

The number of income tax returns (ITRs) for assessment year (AY) 2023-24, filed by 31 October, stood at a record 76.5 million, up 11.7% from the comparable period of the previous year, the Central Board of Direct Taxes (CBDT) said on Wednesday.

Gaza Sees Its First Evacuations

Hope sparked by temporary opening of Rafah border crossing snuffed out by fresh strike on refugee camp

Apple, Govt Set Up Tech Teams To Probe 'State-Sponsored Attack'

Apple and the central government have set up technical teams to examine messages that the tech giant sent to several opposition politicians and journalists warning that their iPhones may have been targeted for “state-sponsored attacks", said a top official, asking not to be named.

Something must be done about discontent bared by journalists

Their well-being is important but a survey reveals gloom among many of them over the future of media and their careers

A steep duty drop could rev up India's EV market

There may be hope for a resolution in negotiations between American EV-maker Tesla and India’s government.

How Trigger SIPs can affect your investment strategy

These may not be as effective unless the incremental capital invested is significant enough

Above 97% of ₹2k notes returned: RBI

Reserve Bank of India (RBI) on Wednesday said that more than 97% of the ₹2,000 bank notes have been returned to the banking system and about ₹10,000 crore worth of the notes are still with the public.

India, Sri Lanka restart talks for economic, tech co-op deal

After a 5 year hiatus, India and Sri Lanka re-launched talks on the economic and technology cooperation agreement (ECTA).