Silver made a stellar debut in 2026, soaring over 35%, or nearly Rs 85,000 per kg, investors rush towards the precious metal amid tightening supplies and escalating geopolitical tensions involving the US, Iran and Greenland. The white metal’s momentum further strengthened after MCX silver futures decisively crossed the Rs 3 lakh per kg milestone. During…
Budget 2026: As the Union Budget for the financial year 2026-2027 draws closer, Indian companies are expecting a GST like transformation in the customs duty framework to promote trade facilitation and simplify dispute resolution.Key demands include a rationalisation of customs duty rates, a reduction in the number of duty slabs, and the introduction of an…
The standard deduction limit varies depending on the tax regime that salaried taxpayers opt for. (AI image) Budget 2026 income tax expectations: Standard deduction is seen as a much needed relief for taxpayers – it’s a simple, straightforward deduction from your gross income – a fixed amount that allows salaried taxpayers and pensioners to reduce…
The Court also observed that the grant of interim relief under Section 24 is discretionary in nature and while deciding the Court will always consider conduct and financials of the party seeking reliefs. (AI image) The three-judges bench of the Supreme Court comprising of Justice Abhay S. Oka, Justice Ahsanuddin Amanullah and Justice Augustine George…
Asian markets opened on a weak note on Tuesday, as most indices slipped into the red as investors reacted to trade tensions and political developments in Japan. In US, markets remained closed for the Martin Luther King Jr Day holiday.Hong Kong’s HSI was up 35 points to 26,599. Nikkei trimmed 519 points or 0.97% to…
Considering the risks involved, buyers are urged to exercise caution and to put suitable stoploss. (AI image) Gold price prediction today: Gold prices are touching new record highs due to heightened geopolitical tensions, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices:Gold Performance: In…
NEW DELHI: A volatile geopolitical environment and global supply-chain disruptions are pushing India Inc to rethink its risk priorities. Sanctions risk has emerged among the top business threats, prompting domestic companies to increasingly seek assistance from legal and accounting firms to manage its immediate and disruptive impact. For companies, sanctions exposure is no longer a…
India and the United Arab Emirates sealed a major energy partnership with a long-term liquefied natural gas agreement worth more than $2.5 billion, the Emirati government announced on Monday. The deal was signed by ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, and Indian oil giant Hindustan Petroleum Corporation Ltd. Under the…
CHENNAI: Ikea plans to invest another Rs 10,500 crore in India over the next five years to expand its retail operations. The Swedish furniture retailer may add 20-30 stores by 2030, rapidly expanding its footprint in the country, while aiming to attain profitability by the end of 2028, Ikea India CEO Patrik Antoni told TOI.“We…
NEW DELHI: Punjab National Bank (PNB) MD & CEO Ashok Chandra Monday said the state-run lender is looking to grow organically in the southern states and there is no proposal on the table for any acquisition.“No decision or discussion regarding (any) acquisition has happened at the board level or at the govt level,” Chandra told…