PM Modi inaugurates Rs 8,070 crore worth Bairabi–Sairang project (Picture credit: PTI) Prime Minister Narendra Modi on Saturday inaugurated Mizoram’s first-ever railway line, the Bairabi–Sairang broad-gauge project, marking a historic moment in the state’s connectivity journey. Built at a cost of Rs 8,070 crore, the 51.38-km line is regarded as one of the most complex […]
India to need 2L staff for EV charging by 2030
BENGALURU: Tata Power inaugurated Mumbai’s first premium MegaCharger hub near the city airport on Tuesday, adding to its 1,000-plus charging points in the city. The facility, developed with Tata Passenger Electric Mobility, features eight fast DC chargers with 16 bays, aiming to cut wait times for private and fleet EV users. However, as infrastructure expands, […]
France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch to A+ from AA-, with the agency warning that public debt will keep rising until at least 2027 unless urgent corrective steps are taken. The move marks the lowest rating France has received on record from a […]
GST reset: Centre to keep tabs on key items’ prices
NEW DELHI: Officials from the Central Board of Indirect Taxes and Customs (CBIC) will keep a close eye on price movement of 54 commonly used consumer items over the next six months to ensure that the benefits of lower GST are passed on to consumers.In a recent advisory, CBIC has asked officers to compile monthly […]
‘Share too large to lose’: Russia crude competitively priced for India, China; interest to remain strong despite sanctions
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 […]