FedEx founder Frederick W Smith dies at 80; CEO Raj Subramaniam issues statement
Frederick W. Smith, the founder of FedEx, passed away at 80, leaving behind a transformative legacy in the logistics industry....
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Refunds, advance tax dip: Net direct mop-up down 1.4% to Rs 4.6L crore
Gross direct tax collections saw a modest increase of under 5% up to June 19, with advance tax receipts growing...
Centre-state mango relief: Karnataka growers to be paid for price fall on 2.5 lakh tonnes; price fall prompts joint compensation plan
The Centre and Karnataka government have partnered to compensate mango farmers for losses due to a sharp decline in market...
Income Tax Return: Are capital gains from MFs taxed differently under new & old regime? What taxpayers should know about new LTCG, STCG rules
When filing income tax returns for AY 2025-26, understanding capital gains taxation from mutual funds is crucial. Both old and...
BRICS summit in Rio: Bloc may push trade in local currencies, countries differ on common currency; India says discussions still at ‘early stage’
Ahead of the BRICS summit in Rio de Janeiro, member nations are set to intensify trade settlements in their own...
Emcure stake buy: Pharma firm to acquire 20.42% in Zuventus for Rs 724.9 crore; full ownership to aid consolidation
Emcure Pharmaceuticals will acquire the remaining 20.42% stake in Zuventus Healthcare for ₹724.9 crore, making it a wholly-owned subsidiary. The...
Reducing acute dependence, countering China’s near monopoly: India readies Rs 5,000 crore scheme for rare earth minerals
India is looking to reduce its reliance on China for rare earth minerals with a Rs 3,500-Rs 5,000 crore scheme...
ITR e-filing FY 2024-25: What is the benefit of pre-filled ITR forms on the income tax portal? Top points
Income Tax Return Filing FY 2024-25: The Income Tax Department is enhancing ITR filing for FY 2024-25 to improve accuracy...
RBI policy minutes: Governor backed neutral stance to ‘cut, pause or hike rates’; Five of six MPC members supported ‘front-loaded’ easing
RBI's Monetary Policy Committee, led by Governor Sanjay Malhotra, reduced the repo rate by 50 bps for the second consecutive...
US stock market today: Wall Street rises as investors monitor Middle East tension; CarMax jumps on earnings, oil and yields climb
US stocks climbed on Friday, buoyed by CarMax's strong earnings, even as geopolitical tensions in the Middle East intensified. Trump's...