Mumbai, April 2 Equity benchmark indices Sensex and Nifty declined 2 per cent in early trade on Thursday amid rising geopolitical tensions following US President Donald Trump’s warning of intensified military actions against Iran, driving crude oil prices higher. Unabated foreign fund outflows also added to the weakness in domestic equities. The 30-share BSE Sensex […]
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Mumbai, April 1 The rupee gained 15 paise to 94.70 against US dollar in early trade on Wednesday, tracking positive cues from domestic equity markets and retreating American currency overseas. The local currency, however, remained under pressure due to higher crude oil prices and sustained withdrawal of foreign funds even as banks moved to cut […]
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By Bishaswar Malakar Kolkata, April 1 The escalating West Asia conflict is beginning to exert cost pressure on India’s real estate sector, with material prices rising and industry leaders warning of a potential 5 per cent spike in construction costs if hostilities persist through April. Construction schedules are also likely to be affected because of […]
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New Delhi, March 31 The Income Tax department has notified all income tax return forms for the assessment year (AY) 2026-27. While ITR forms 1-4, filed by small and medium taxpayers, were notified on March 30, ITR forms 2, 3, 5, 6 and 7, as well as ITR-U (for filing updated returns), were notified on […]
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New Delhi, March 30 Finance Minister Nirmala Sitharaman has told Parliament that India’s economic fundamentals remain strong and said the rupee is “absolutely going fine” against the US dollar, despite a sharp fall since the start of the West Asia conflict. Replying to a supplementary question in the Lok Sabha on Monday, Sitharaman said India’s […]
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By Stan Choeap New York, March 28 US stocks deepened their drops Friday as Wall Street finished off a fifth straight losing week, its longest such streak in nearly four years. The S&P 500 fell 1.7 per cent to close its worst week since the war with Iran began. The Dow Jones Industrial Average lost […]
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New Delhi, March 27Finance Minister Nirmala Sitharaman has said there is no proposal to impose a lockdown in India in response to the West Asia war, urging politicians not to spread rumours or create panic among the public. Replying to a discussion on the Finance Bill 2026 in the Rajya Sabha on Friday, Sitharaman said […]
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Mumbai, March 27 India’s foreign exchange reserves fell by USD 11.41 billion to USD 698.35 billion in the week ended 20 March, according to data released by the Reserve Bank of India (RBI) on Friday. The decline was mainly driven by a sharp drop in the value of gold reserves, even as foreign currency assets […]
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New Delhi, March 25 Finance Minister Nirmala Sitharaman on Wednesday said that India is moving ahead on a reform path, with changes being carried out with conviction and clarity. Replying to the debate on the Finance Bill 2026 in the Lok Sabha, she said, “Reforms are not being undertaken out of compulsion, but with conviction, […]
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New Delhi, March 25 State-run oil companies on Wednesday stated that there is no shortage of petrol, diesel, or LPG in the country, urging people not to trust rumours circulating on social media or engage in panic buying. Indian Oil Corporation (IOC), the country’s largest oil firm, said there is no shortage of petrol or […]
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