Russian Urals seaborne exports maintain steady volumes currently, with India representing a crucial market share. (AI image) India and China’s interest in Russia’s crude oil will remain ‘strong’ irrespective of existing and upcoming sanction rounds, believes Vortexa, the cargo tracking & energy market intelligence firm. In its latest report on Russia’s oil exports, Vortexa says […]
ITR filing FY 2024-25: What is the penalty amount for filing income tax return after deadline? Interest implications may result in big amount
If for any reason, you are unable to file a tax return by the due date, you can file a belated return by 31 December 2025. ITR filing FY 2024-2025: The deadline or due date for filing Income Tax Returns (ITR) for Assessment Year 2025-26 is September 15, 2025. This due date is unlikely to […]
Silver rate today: Prices jump Rs 1,668 to all-time high of Rs 1.3 lakh/kg; investors eye Fed move, EV demands
Silver rate today: Silver prices surged to an all-time high on Friday, climbing Rs 1,668 to touch Rs 1,30,000 per kilogram in the domestic futures market, as investors bet strongly on a possible US Federal Reserve rate cut next week.On the Multi Commodity Exchange (MCX), silver futures for March 2026 delivery rose by Rs 1,668 […]
US market today: Wall Street drifts near record highs; S&P 500 steady, Dow dips 51 points, Fed rate cut hopes fuel optimism
Wall Street edged higher on Friday, heading for its best week in five, as investors priced in expectations of a Federal Reserve interest rate cut next week. The S&P 500 held steady near record levels, the Dow Jones Industrial Average fell 51 points (0.1%), and the Nasdaq composite rose 0.1% after setting all-time highs in […]
Russia’s central bank cuts interest rate to 17% to boost slowing economy; deficit widens, inflation rising
Russia’s central bank on Friday reduced its benchmark interest rate by one percentage point to 17%, signalling an attempt to support the economy as growth slows and government spending on the war in Ukraine drives the budget deficit higher.The bank, which had previously raised the key rate to 21% to curb inflation, acknowledged that economic […]
Infosys buyback: Rs 18,000 crore at 19% premium excites stock market; here’s what experts recommend for investors
Infosys’ announcement of its largest-ever share buyback, valued at Rs 18,000 crore and priced at Rs 1,800 per share, has sparked investor interest. The offer, representing about 10 crore shares or 2.41% of the company’s equity, comes at a 19% premium over Thursday’s closing price of Rs 1,512 and is positioned as a “buy on […]
‘Impose meaningful tariffs on China, India’ – US Treasury urges EU, G7; says purchases of Russian oil funding war machine
US President Donald Trump has levied an additional 25% duty on Indian imports to pressure India to stop buying Russian oil. (AI image) The United States Treasury has urged its G7 and European Union partners to levy “meaningful tariffs” on Chinese and Indian imports to counter their Russian oil acquisitions. The US Treasury has organized […]
Market watch: India’s equity valuations dip below long-term averages; but stay elevated versus peers
India’s equity valuations are trading marginally below their historical averages but continue to remain expensive compared with regional peers, raising concerns amid slowing earnings growth.The benchmark Nifty currently trades at a price-to-earnings (PE) ratio of 21.97 times, lower than its five- and 10-year averages of 24.4 and 24.8, respectively. In contrast, Hong Kong’s Hang Seng […]
Sebi reforms package: Regulator clears sweeping changes in board meet; IPOs, FPIs, REITs and AIFs set to benefit
India’s capital markets regulator Sebi on Friday approved a wide range of reforms to expand market participation, simplify processes and enhance investor protection. The decisions were taken at its board meeting, with measures spanning IPO norms, foreign investor access, mutual funds, and oversight of market intermediaries, PTI reported.Key highlights of Sebi’s decisions: Easier IPO route […]
Urban Company IPO subscribed 103 times; QIBs lead with 140x bids, Rs 1,900-cr issue sees high demand
The initial public offer of app-based beauty and home services platform Urban Company Ltd witnessed massive investor participation, with the Rs 1,900-crore IPO getting subscribed 103.63 times on the final day of bidding on Friday, according to NSE data.Bids were received for 11,06,46,08,960 shares against 10,67,73,244 shares on offer. The Qualified Institutional Buyers (QIBs) category […]