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The CBDT has issued alerts to taxpayers about mismatches between transactions reported in the Annual Information Statement (AIS) and Income Tax Returns (ITRs) for FY 2023-24 and 2021-22. The department encourages taxpayers to file revised or belated ITRs, with the deadline for FY 2023-24 set for December 31. The e-Verification Scheme aids in resolving discrepancies […]
Indian billionaires Mukesh Ambani and Gautam Adani have exited the $100 billion net worth club, as reported by Bloomberg. Ambani’s wealth decline is linked to underperformance in his energy and retail businesses, along with significant expenses, including his son’s wedding. Despite shifting focus to digital platforms, growth in retail has slowed, affecting his finances.
The Central government revealed that Life Insurance Corporation had unclaimed insurance compensation funds amounting to ₹880.93 crore, which matured in the last financial year. It also disclosed that 3,72,282 policyholders have not claimed their maturity benefits. Also, LIC reported unclaimed death benefits worth ₹14 lakh for the year 2023-24.
The Sensex and Nifty opened at fresh record levels in early trade today, December 17, 2024. The Sensex started trading today at 81515.88, down 232.69 points or 0.28%, and the Nifty was at 24583.20, down 85.05 points or 0.34%. Meanwhile, the Indian rupee was trading today at 84.91 against the dollar.
Here are the petrol prices per liter today in the top metro cities in India. ★ Delhi – ₹94.72, ★ Kolkata – ₹104.95, ★ Mumbai – ₹103.44, ★ Chennai – ₹100.98, ★ Bangalore – ₹102.88, ★ Bhubaneswar – ₹101.06, ★ Chandigarh – ₹94.24, ★ HYD – ₹107.41, ★ Jaipur – ₹104.88, ★ Lucknow – ₹94.53, […]
The new ₹500 note, issued by the Reserve Bank of India, boasts advanced security features and a sleek design. It is part of the Mahatma Gandhi (New) Series, with a stone-grey color and motifs of the Red Fort symbolizing India’s heritage. Key features include a transparent security thread and a color-changing numeral ‘500’ micro-text.
Stolen iPhones, despite Apple’s security, find their way to underground markets like Shenzhen, China. Instead of being sold intact, these devices are disassembled, with parts sold individually to make them untraceable. China dominates the global trade in stolen electronics, with phones being smuggled and dismantled. Apple’s security measures, like activation locks, fuel this illicit...
Congress accused SEBI Chairperson Madhabi Buch of a conflict of interest, citing her alleged financial ties with ICICI Bank while regulating it. K.C. Venugopal demanded a joint parliamentary committee probe, criticizing Finance Minister Nirmala Sitharaman for not acting on these allegations. He raised concerns about the government’s inaction impacting investor confidence and regulatory tr...
Wholesale inflation in India eased to 1.89% in November, down from 2.36% in October, with food prices, especially vegetables, seeing a significant drop. Food inflation decreased to 8.63%, led by a sharp reduction in vegetable prices. However, potato prices remained high at 82.79%. Fuel and power inflation saw deflation, while inflation in manufactured items rose […]
Indian stock markets ended in the red on Monday, mirroring their Asian peers. Sensex settled at 81,748.57, down 384.55 points or 0.47%. Similarly, Nifty ended 100.05 points or 0.40% lower at 24,668.25. Notably, broader markets outperformed the benchmarks. Midcap ended higher by 0.77%. This was followed by Smallcap index, which ended higher by 0.64%.
Infosys co-founder Narayana Murthy has once again defended his policy of working 70 hours a week. He said, “Infosys is compared to the best companies in the world. In comparison, Indians seem to have a lot to accomplish. With 800 million people in India receiving government rations, there is poverty at that level.
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹999, ★ Mumbai – ₹924, ★ Delhi – ₹924, ★ Kolkata – ₹924, ★ Bangalore – ₹924, ★ Hyderabad ₹999, ★ Kerala – ₹999, ★ Pune – ₹924, ★ Ahmedabad – ₹924, ★ Jaipur – ₹924, ★ Lucknow – […]
The Sensex and Nifty opened at fresh record levels in early trade today, December 16, 2024. The Sensex started trading today at 82000.88, down 132.24 points or 0.16%, and the Nifty was at 24753.40, down 14.90 points or 0.06%. Meanwhile, the Indian rupee was trading today at 84.80 against the dollar.
Bitcoin skyrocketed to a record high above $105,000 in early Asian trade on Monday, hitting $105,142 before settling at $104,666. The surge extends gains since Republican Donald Trump’s election in November, as he pledged to champion cryptocurrencies. Weekend reports of Trump planning a Bitcoin strategic reserve fund fueled the rally, boosting investor confidence.
Airtel has launched a new Rs 398 prepaid plan offering 2GB of 5G data daily, unlimited calls, 100 SMS per day, and a 28-day Hotstar Mobile subscription. The plan, available on Airtel Thanks, gives users access to sports, movies, and popular shows. Competing with rivals like Jio’s New Year Welcome Plan, this recharge is perfect […]