Business

March 18, 2025 5:26 PM

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Govt invites inputs from stakeholders on IT rules through OTP-based link

The Central Board of Direct Taxes (CBDT) has sought inputs from various stakeholders on income tax rules and related forms under the provisions of the Income Tax Bill, 2025. To facilitate this, CBDT has launched a utility link on the e-filing portal for stakeholders to submit inputs through an OTP-b...

March 18, 2025 1:52 PM

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Sensex surges 925 points, Nifty jumps 274

Indian stock markets witnessed a significant surge today, with the BSE Sensex gaining 925 points to reach 75,094 and the Nifty climbing 274 points to 22,782 when reports last came in.

March 17, 2025 10:39 PM

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GeM Surpasses ₹5 Lakh Crore GMV, Achieves Milestone in Public Procurement

The Government e-Marketplace (GeM) has achieved a significant milestone by surpassing Rs 5 lakh crore in Gross Merchandise Value (GMV) on its portal before the close of the financial year 2024-25. This achievement highlights GeM's rapid expansion as a primary tool for public procurement, serving a b...

March 17, 2025 7:34 PM

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Banks to Remain Open on 31st March for Taxpayer Convenience: RBI

All banks will remain open for transactions on 31st March 2025 despite it being a public holiday, to provide convenience to taxpayers. In a notification issued on Monday, the Reserve Bank has said that necessary arrangements have been made to conduct special clearing operations across the country to...

March 17, 2025 6:00 PM

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Gold Rises 0.03% to ₹88,370 per 10g in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading 0.03% up at Rs 88, 370 per 10 grams, while Silver 999 Fine was trading 0.42% down at Rs 1,00,520 per kilogram a short while ago. At the Multi Commodity Exchange, gold for the April contract was trading 0.15% down at Rs 87, 861 per 10 grams, whi...

March 17, 2025 5:03 PM

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Sensex Rises 341 Points, Nifty Ends at 22,509

The benchmark domestic equity indices settled the session on a positive note on Monday. Sensex jumped 341 points, or 0.46% to close at 74,170. Nifty too broke the two-day slump, and added 112 points, or 0.50% to settle at 22,509. Global crude oil prices saw an uptick today. The Brent crude oil price...

March 15, 2025 4:44 PM

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Domestic Markets End Lower Amid Weak Global Cues

After posting strong gains in the previous week, the domestic markets remained rangebound and closed slightly lower this week due to weak global cues. However, the positive domestic data points, including industrial production and retail inflation, provided some relief. The broader indices erased so...

March 15, 2025 3:15 PM

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India’s Trade Grows Amid Global Slowdown: UNCTAD Report

India's trade saw strong growth during the last quarter of 2024, according to a new report by the United Nations Conference on Trade and Development (UNCTAD). The report highlights that while global trade expanded significantly in 2024, many developed nations faced trade contractions. However, India...