ITR filing: The deadline to file income tax returns has been extended to September 15, 2025 this year, as against July 31 every year. (AI image) ITR filing FY 2024-25: Who needs to file income tax return? At what income level is filing of ITR necessitated? That’s an important question in the minds of taxpayers,…
US stock markets inched up on Monday, showing little immediate reaction to the ongoing Middle East conflict, including fresh US-led airstrikes on Iran over the weekend.Wall Street traded in green as Dow jumped 152.32 points or 0.36%, reaching 42,359.14. Nasdaq Composite surged to 19,518.46, gaining 71.05 points or 0.37%. S&P500, followed a similar suit, gaining…
India’s private sector activity showed strong momentum in June, reaching its fastest pace in over a year, as firms ramped up production to meet booming domestic and international demand. These figures marked nearly four straight years of growth, fresh survey data released on Monday.The HSBC Flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P…
The national payments corporation of India, NPCI, has introduced a new facility for real-time PAN and bank account validation on the Income Tax department’s e-filing website. Announced in a circular dated June 17, 2025, the initiative aims to streamline the verification process for taxpayers linking their PAN with their bank accounts.The facility, launched through a…
Basmati rice exports: The cargo remains stationed at Gujarat’s Kandla and Mundra ports. (AI image) Israel-Iran conflict impact: Approximately 1,00,000 tonnes of basmati rice bound for Iran remain stuck at Indian ports as a consequence of the Israel-Iran hostilities, according to the All India Rice Exporters Association’s statement on Monday.After Saudi Arabia, Iran stands as…
Indian Army places order of 450 NAGASTRA-1R loitering munitions from SDAL (Image credits: ANI) The Indian Army placed an order with solar defence and aerospace limited, SDAL, for approximately 450 units of its NAGASTRA-1R loitering munitions, the company said in a statement. The system is designed to be cost-effective and reusable, with launchers that can…
Founded in 2015, PhonePe reports having over 610 million registered users and processes 340 million rupees in daily transactions. (AI image) PhonePe IPO: PhonePe, the largest digital payments provider in India majority-owned by Walmart Inc., is readying to submit initial documentation for a public offering that could generate up to $1.5 billion, according to sources…
Trial run of the Namo Bharat trains (Image credits: PTI) Delhi-Meerut RRTS: Soon you may be able to zip between Delhi and Meerut in just an hour at 160 kmph on Namo Bharat trains. The National Capital Region Transport Corporation (NCRTC) has successfully completed the scheduled trial run of Namo Bharat trains on Sunday, covering…
Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran’s key nuclear facilities on Sunday. The move ended days of speculation over whether the US President Donald Trump would join Israel in its confrontation with Iran.While prices surged initially, they soon pared gains. The attacks on Fordow, Natanz and…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting June 23, 2025) are Larsen & Toubro, and Trent. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) LT 3658 4100 12% Trent 5950 6900 16% Larsen &…