BUSINESS

ITR verification must be completed in 30 days to avoid invalidation, warn experts

ITR verification must be completed in 30 days to avoid invalidation, warn experts

Income tax returns filed online must be verified within 30 days, or they will be considered invalid. With the AY25-26…
Hyderabad-based Aurobindo Pharma’s Q1 net profit falls 10 per cent to Rs 824 crore

Hyderabad-based Aurobindo Pharma’s Q1 net profit falls 10 per cent to Rs 824 crore

The company has declared an interim dividend of Rs 4 per equity share, to be paid on or before August…
Will substantially raise tariffs on India over Russian oil purchase, says Trump

Will substantially raise tariffs on India over Russian oil purchase, says Trump

The US President had mounted a sharp attack on India and Russia for their close ties and said the two…
Tesla to open 2nd India showroom in Delhi’s Aerocity on August 11

Tesla to open 2nd India showroom in Delhi’s Aerocity on August 11

The Aerocity facility, currently in the final stages of construction, is expected to command a monthly rent of around Rs…
Tesla awards CEO Musk USD 29 billion stock months after court scraps pay

Tesla awards CEO Musk USD 29 billion stock months after court scraps pay

Tesla awarded Elon Musk $29 billion worth of stock, months after a court struck down his earlier $56 billion pay.…
Centre slashes prices of 35 key medicines to boost affordability

Centre slashes prices of 35 key medicines to boost affordability

The NPPA has cut retail prices of 35 essential medicines, including antibiotics, anti-diabetics, and cardiovascular drugs, to make healthcare more…
India may lose $11 bn if forced to cut Russian oil amid US sanctions

India may lose $11 bn if forced to cut Russian oil amid US sanctions

India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude.…
RBI may cut repo rate by 25 bps in August MPC meet: SBI Research

RBI may cut repo rate by 25 bps in August MPC meet: SBI Research

SBI Research expects the RBI to cut the repo rate by 25 basis points in August, citing soft inflation, early…
No pause on Russian oil imports, say govt sources after Trump’s claim

No pause on Russian oil imports, say govt sources after Trump’s claim

Indian government sources clarified on Saturday that there is no pause in Russian oil imports, countering President Trump’s claim. They…
RBI likely to hold repo rate steady in August MPC meet: HSBC report

RBI likely to hold repo rate steady in August MPC meet: HSBC report

The Reserve Bank of India is expected to maintain the status quo on repo rates in the August 6 MPC…
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