Income tax department has notified all seven Income Tax Return (ITR) forms for the assessment year 2025-26. While ITR Forms 1 and 4, used by small and medium taxpayers, were notified on April 29, ITR-7, applicable for trusts and charitable institutions, was notified on May 11.One important change has been introduced in ITR-1 and ITR-4,…
Defence sector-based Exchange-Traded Funds (ETFs) have seen impressive growth, with returns up to 7% in the past two weeks, fueled by heightened India-Pakistan tensions. This surge comes amid increased investor interest in defence stocks, which are typically considered resilient during periods of geopolitical instability.Groww Nifty India Defence ETF and Motilal Oswal Nifty India Defence ETF…
Defence-related stocks extended their gains for a second consecutive session on Monday, buoyed by broader market optimism and rising expectations of increased government focus on the defence sector.Shares of Axiscades Technologies jumped 5 per cent, while Data Patterns (India) Ltd rose 3.88 per cent. Mishra Dhatu Nigam Ltd gained 3.40 per cent, and Bharat Electronics…
US stock markets opened with a strong rally Monday morning as investors welcomed a surprise announcement from the United States and China suspending most of their tariff hikes for 90 days, in a move aimed at de-escalating trade tensions and giving space for further negotiations.As of 9:34 a.m. ET, the Dow Jones Industrial Average surged…
Anil Agarwal-led Vedanta Ltd on Sunday said it is actively exploring critical mineral resources across six Indian states — Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka, and Chhattisgarh — as it looks to strengthen its position in the fast-growing clean energy value chain.Critical minerals are vital for a wide range of energy-efficient technologies, including electric vehicles,…
US stock index futures rose sharply on Monday after the United States and China agreed to scale back tariffs, easing fears of an escalating trade war that had weighed heavily on global markets in recent weeks.US Treasury Secretary Scott Bessent, following talks with Chinese officials in Geneva, announced that the two nations have agreed to…
Hong Kong’s Hang Seng index jumped 3% on Monday after news of “substantial progress” in trade talks between China and the US lifted investor sentiment.Stock markets worldwide surged as the two nations held trade talks in Geneva, announcing agreed to reduce their retaliatory tariffs significantly for 90 days.The two nations slashed their tit-for-tat tariffs, boosting…
Gold price today (AI image) Gold rate today: Gold June futures on MCX experienced a significant decline of Rs 2,224 or 2.3%, trading at Rs 94,294 per 10 grams, as tensions between India and Pakistan showed signs of easing. International market sentiment influenced domestic gold prices, which saw a dip due to growing optimism regarding…
Yes Bank shares soared 8.7% in early trade on Monday, hitting a day’s high of Rs 21.74 on the BSE, after Japan’s Sumitomo Mitsui Banking Corporation (SMBC) signed an agreement to acquire a 20% stake in the private lender for Rs 13,483 crore. This deal marks a major move in the bank’s ownership that could…
India has gained the top spot for both manufacturing and services activity globally, according to JP Morgan’s latest purchasing Managers’ Index (PMI) report for April 2025.The manufacturing PMI stood at a strong 58.2, with an even higher services PMI even higher at 58.7, pulling the strongest readings across both developed and emerging markets.PMI trends globallyIndia,…
