Category: Business & Economy
After backlash, govt roll back: indexation benefits available on LTCG tax on sale of property
Following concerns and criticism from certain quarters over the Budget proposal of removal of indexation benefit on long-term capital gains (LTCG) on sale of unlisted [more…]
Stock market today: Sensex crashes 3%, investors lose ₹15 lakh crore; 5 factors why the Indian stock market fell
Stock market today: Indian stock market benchmarks, the Sensex and the Nifty 50, crashed nearly 3 per cent each on Monday, August 5, mirroring the global trend after the [more…]
Stocks drop, Nasdaq confirms correction as recession fears mount
U.S. stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked fears of an oncoming [more…]
The Airlines Taking Olympic Sponsorship to New Heights
The Olympics are big business. Alongside broadcasting rights, merchandising, and ticket sales, corporate sponsorship plays a vital revenue-generating role. However, from a travel perspective, Airbnb [more…]
Ceigall India IPO Date, Review, Price, Allotment Details
Ceigall India was incorporated in July 2002, and it is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, [more…]
Business in the Week Ahead (July 29- August 2, 2024)
Benchmark indices have been on the mend since the budget announcement on July 23. After the initial shock of some of the announcements the market [more…]
ITR filing 2024: ’More than 5 crore ITRs filed so far, partner with Infosys for better services,’ says Tax Department
The number of income tax returns (ITRs) filed in assessment year (AY) 2024-25 has increased by 8 per cent to five crore so far, said [more…]
New AI-generated ad from financial services company Etoro to air during Paris Olympics
And like most AI-generated videos, it includes some scenes that look more like a Surrealist painting than actual footage. Financial services platform Etoro is the [more…]
V L Infraprojects IPO to open for subscription tomorrow; price band set at ₹39-42 apiece
V L Infraprojects IPO is scheduled to begin subscriptions on Tuesday, July 23, and end on Thursday, July 25. The price band for the V [more…]
Economic Survey out ahead of Budget: What it says on GDP, inflation and more
The growth estimated by the Economic Survey, ahead of the Union Budget, is in line with the International Monetary Fund’s estimate. Union Finance minister Nirmala [more…]