Business

In a major reprieve for taxpayers and professionals, the Punjab & Haryana High Court and the Himachal Pradesh High Court on Wednesday extended the income tax return (ITR) filing deadline for audit cases from October 31 to November 30, 2025. The rulings come just days after the Gujarat High Court issued a similar directive, creating…

Ship-tracking information revealed that the vessel Furia altered its course on Tuesday. (AI image) Within days of the US President Donald Trump announcing sanctions on two major Russian oil firms, a crude oil tanker headed for India has now taken a U-turn. According to a Bloomberg report, an India-bound tanker carrying Russian crude has changed…

Elon Musk-led Starlink is set to conduct demonstration runs in Mumbai on October 30 and 31 to showcase compliance with security and technical conditions for satellite broadband services, according to sources cited by PTI.The demos will be held before law enforcement agencies and are based on the provisional spectrum assigned to Starlink, the sources told…

8th Pay Commission salary hike news: Central government employees and pensioners have reason to cheer with the Cabinet approving the terms of reference for the 8th Pay Commission. The new salary and pension levels are expected to be retrospectively effective from January 1, 2026 after the commission submits its report to the government in 12-18…

US President Donald Trump on Wednesday suggested that Washington could soon reach a trade agreement with India, emphasising that the two countries have strong bilateral ties.“If you look at India and Pakistan, so I’m doing a trade deal with India, and I have great respect and love. As you know, for Prime Minister Modi, we…

Asian stocks edged higher on Wednesday, as global markets rally as enthusiasm for artificial intelligence shares and expectations of US interest rate cuts boosted investor sentiments.Japan’s Nikkei traded at 51,097, at 10:00 AM IST, adding 878 points, after jumping over 1,000 points. Shanghai and Shenzhen rose 0.37% and 0.9%, respectively. South Korea’s Kospi also gained…

After wrapping up a visit to Japan that delivered $490 billion in investment commitments, US President Donald Trump is heading into a more complicated negotiation in South Korea, where a trade agreement remains out of reach.Trump will be meeting South Korean President Lee Jae Myung on Wednesday in Gyeongju, the historic host city of this…

MUMBAI: Mehli Mistry, Ratan Tata‘s long-time confidant, executor of his will, and a man widely seen as custodian of the late chairman’s legacy, has been denied reappointment as lifelong trustee of the Tata Trusts. The decision was taken after Noel Tata, chairman of the Trusts, and vice-chairmen Venu Srinivasan and Vijay Singh declined to give…

MUMBAI: Markets regulator Sebi on Tuesday proposed up to 15 basis points (100 basis points = 1 percentage point) cut in charges that investors pay to open ended mutual funds with the lowest slab at 0.9% for equity funds above certain threshold assets under management (AUM) and 0.7% for non-equity funds. Currently, the minimum charges…

MUMBAI: Ports operator Adani Ports and Special Economic Zone Ltd (APSEZ) expressed an intent to participate in projects worth Rs 53,000 crore at the upcoming Vadhvan port in Palghar by signing two MoUs with the Centre-run Jawaharlal Nehru Port Authority (JNPA) on Tuesday. The MoUs were inked at the ongoing India Maritime Week Summit in…