The India International Bullion Exchange (IIBX) at GIFT IFSC, on Thursday stated that the cumulative volume of gold traded on the IIBX platform since inception has surpassed 100 tonnes. This year alone, the volume of gold traded on the exchange has crossed 92 tonnes. In 2023-24, it was 7928 kilograms and in 2022-23, it was 411 kilograms….
Selling in auto counters and subdued pharma stocks amid uncertainties over Trump tariffs limited the gains in domestic equities, traders said. Stock market benchmark indices rebounded on Thursday (March 27, 2025) after falling sharply in the previous session as continuous foreign fund inflows and buying in blue-chip Reliance Industries, L&T, and Bajaj Finance supported the…
Tata Motors logos are pictured outside their flagship showroom in Mumbai. | Photo Credit: REUTERS Auto stocks declined in morning trade on Thursday (March 27, 2025), with Tata Motors tumbling over 6%, after the U.S. President Donald Trump announced imposition of 25% tariffs on auto imports from April. Shares of Tata Motors tanked 6.58% to…
Representative image | Photo Credit: Getty Images The Income Tax Department has issued notices to Taxpayers who have been paying a rent of ₹50,000 or more per month and not deducted Tax Deducted at Source (TDS) while remitting the amount to landlord, a tax expert said. Many taxpayers have received a notice from the Income Tax…
The U.S. imported $89 billion worth of auto parts globally last year, with Mexico accounting for $36 billion, China for $10.1 billion, and India for just $2.2 billion. File (Representational image) | Photo Credit: Reuters The implications of the U.S. announcement to impose 25% import duty on completely built vehicles and auto parts from April…
Representative imae | Photo Credit: Reuters The rupee depreciated 24 paise to 85.93 against the U.S. dollar in early trade on Thursday (March 27, 2025), as U.S. President Donald Trump‘s tariff policies reignited fears of a global trade war, fuelling inflation concerns and causing ripple effects across currency markets. The U.S. dollar strengthened after Mr….
Agriculture Minister Shivraj Singh Chouhan. | Photo Credit: PTI The government has approved procurement of 37.39 lakh tonnes of gram and lentils, and 28.28 lakh tonnes of mustard for the 2025 rabi marketing season, Agriculture Minister Shivraj Singh Chouhan said on Thursday (March 27, 2025). The government will procure the commodities through central nodal agencies…
Representative image | Photo Credit: Reuters Stock market benchmark indices rebounded in early trade on Thursday (March 27, 2025) after falling sharply in the previous session as continuous foreign fund inflows and buying in blue-chip Reliance Industries supported the recovery in equities. The 30-share BSE benchmark Sensex climbed 202.83 points to 77,491.33 in early trade…
Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Budget Session of the Parliament in New Delhi on March 26, 2025 | Photo Credit: Sansad TV via ANI | Photo Credit: ANI The Rajya Sabha on Wednesday (March 26, 2025) passed the Banking Regulation Bill that amends several provisions of about five…
Representative image | Photo Credit: Getty Images Batting for a simplified Goods & Services Tax (GST) regime, Parliament’s Public Accounts Committee (PAC) has recommended that the Finance Ministry undertake a comprehensive review of the GST framework to identify and eliminate unnecessary procedures and requirements that complicate compliance. This includes streamlining the return filing process by…
