Business

On October 6, 2026, the Delhi High Court ruled in the man’s favour, providing him relief by cancelling the entire tax demand notice. (Image for representative purpose only) What happens if your PAN Card is misused and the entry shows up in your Form 26AS, prompting an income tax notice and tax demand way above … Read more

India – New Zealand trade deal kicks in NEW DELHI: The India-New Zealand Free Trade Agreement (FTA) came into force on Tuesday opening up new opportunities for Indian exporters, manufacturers, farmers, professionals and businesses. The agreement provides 100% duty-free access to the New Zealand market for all Indian export tariff lines, removing peak tariffs of … Read more

Vessels at the Strait of Hormuz (representational image) The Middle East conflict has put the world’s energy lifeline, the Strait of Hormuz, in a chokehold.But the Gulf might be looking for an escape route.Over the next five years, countries in the region could invest in alternative logistics corridors and energy pipelines to loosen their dependence … Read more

Nepal has barred the import, sale and distribution of Priyagold biscuits made by India based Surya Food and Agro Ltd, after food safety concerns flagged by Indian authorities.Nepal’s Food Technology and Quality Control Department (FTQCD) announced the restrictions in a notice issued on Monday, classifying the biscuits as sub-standard. The move follows action by the … Read more

US homebuilder confidence hits 14-year low as costs soar US homebuilder confidence fell to its lowest level in more than 14 years in October, with rising mortgage rates, expensive construction materials and labour shortages weighing on the housing market, according to a survey released on Monday.The National Association of Home Builders (NAHB)/Wells Fargo Housing Market … Read more

In an earnings call, managing director and CEO Vinay Tonse said the bank was examining the judgment and its options MUMBAI: Yes Bank has told investors that Supreme Court’s order to restore Rs 8,415 crore of additional tier-1 (AT1) bonds written off during its March 2020 restructuring would not constrain growth, citing deferred tax assets … Read more

The AO treated the alleged amount as undisclosed cash receipts and made an addition under Section 69A. (Image for representative purpose only) Property related transactions can sometimes be complicated. Recording the same in your income tax return is equally important. But what if the Income Tax Department sends you a notice for unexplained cash receipts, … Read more

Stock market holiday on Dussehra NEW DELHI: Domestic equity markets will remain closed on Tuesday, October 20, for Dussehra, giving investors a break from regular trading on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The festival is listed as a full trading holiday in the 2026 market calendar.Investors will not be … Read more

The findings also highlighted a distinct regional divergence in welfare impact NEW DELHI: In-kind social transfers ranging from free foodgrains under the public distribution system (PDS) to laptops, bicycles and school uniforms have pushed nearly 22 crore people — comprising around 19% of rural population and 8.4% of those in urban areas — into higher … Read more

Bagchi said he would consult regulators, customers, shareholders and other stakeholders before setting organisational priorities MUMBAI: Anup Bagchi, who is set to take over as HDFC Bank’s managing director and CEO, said he would soon draw up a strategic roadmap covering growth, margins, asset quality and productivity, as outgoing chief Sashidhar Jagdishan said the bank’s … Read more