Banks across several Indian states observe holiday today due to Chhath Puja celebrations. This article provides a state-wise list of bank holidays and outlines the impact on banking operations. Check the state-wise list of bank holidays on Chhath Puja 2025 and know which banks will remain closed today across India. As the festival of Chhath…
The Income Tax Department withheld a Rs 1.5 crore refund citing discrepancies between the taxpayer’s Form 26AS and TDS details. The taxpayer challenged the decision in the High Court and successfully secured the release of the refund after the court ruled in their favor. High Court orders Income Tax Department to release Rs 1.5 crore…
India’s electronics exports, led by rising iPhone shipments, are set to become the country’s second-largest export category soon. Meanwhile, the imposition of US sanctions on Russia under the Trump administration is expected to negatively affect India’s oil exports. India’s electronics exports, led by iPhone shipments, climb to second-largest export category; US sanctions on Russia impact…
Gold prices fell below Rs 1.23 lakh per 10 grams as the precious metals market experienced a downward trend. Silver prices also continued to decline, reflecting broader market sentiments and impacting investor outlooks. Gold prices fall below Rs 1.23 lakh per 10 grams amid global economic trends; silver prices also decline as investors reassess precious…
Ahead of Budget 2026, the Indian government is reportedly preparing to introduce the Pradhan Mantri Kaushal Mudra Yojana, a new initiative aimed at enhancing the skill development of youth across the country. This scheme is expected to provide vocational training and entrepreneurship opportunities to empower unemployed and underemployed youths. India plans to launch Pradhan Mantri…
The Indian real estate sector has shown robust recovery by raising over Rs 23,000 crore in funds, the highest amount in seven years, according to a recent industry report. This surge highlights renewed investor confidence amid improving market conditions. Indian real estate sector raises over Rs 23,000 crore, the highest in 7 years, signaling strong…
The Income Tax Appellate Tribunal (ITAT) has ruled in favor of a husband challenging the tax department’s seizure of his wife’s jewellery valued at Rs 1.65 crore. The case highlights complexities in asset ownership and tax notices involving high-value assets within families. ITAT rules in favor of husband in Rs 1.65 crore jewellery seizure case,…
Japanese beauty giant Shiseido has announced plans to start local manufacturing in India, marking a significant move in the rapidly expanding Indian beauty and luxury market. This initiative aligns with a broader trend of global luxury brands expanding their footprint in India to capitalize on growing consumer demand. Japanese beauty brand Shiseido to start local…
Swedish Tesla mechanics have been on strike for two years, citing unresolved labor disputes with the company. The prolonged strike highlights ongoing tensions between Tesla workers and CEO Elon Musk over working conditions and employment terms in Sweden. Swedish Tesla mechanics have been on strike for two years over labor disputes, highlighting tensions between the…
India’s Finance Ministry has projected robust economic growth for the fiscal year 2025-26, forecasting a significant expansion despite ongoing global trade challenges. The optimistic outlook underscores the resilience of India’s domestic market and reforms amid uncertain international conditions. India’s Finance Ministry forecasts strong FY26 economic growth despite global trade challenges, driven by domestic demand and…
