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Economy
GST collections surge to record high of Rs 2.37 lakh crore in April
New Delhi: India's Goods and Services Tax (GST) collections surged to a record high of Rs 2.37 lakh crore during April, which represents a 12.6 per cent increase from Rs 2.10 lakh crore in the same month last year, official figures showed…
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Daily UPI transactions surge to 596 million in April, value touches Rs 24 lakh crore
New Delhi: The number of daily Unified Payments Interface (UPI) transactions in the country rose to 596 million in April, up from 590 million in March, according to National Payments Corporation of India (NPCI) figures released on Thursday.…
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SEBI proposes demat rule for key IPO shareholders to curb physical share risks
Mumbai: The Securities and Exchange Board of India (SEBI) has proposed a new rule that could make it compulsory for certain key shareholders to hold their shares in demat form before a company files for an initial public offering (IPO).…
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Salute unsung heroes who keep Adani Group running: Gautam Adani on Labour Day
Ahmedabad: Gautam Adani, Chairman of the Adani Group, on Thursday hailed thousands of workers, especially unsung heroes who keep the Adani Portfolio of companies running.
On the occasion of Labour Day, the billionaire industrialist…
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India buys gold worth Rs 12,000 crore on Akshaya Tritiya, silver purchase at Rs 4,000 crore
New Delhi: India saw an estimated sale of gold jewellery and related items worth approximately Rs 12,000 crore on the occasion of Akshaya Tritiya on Wednesday, the Confederation of All India Traders (CAIT) said.
In addition, silver trade…
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Gold may touch $3,300 per ounce in 2025 amid global worries; INR returns outshine USD: Report
New Delhi: Gold prices could climb to $3,300 per ounce in 2025, driven by concerns over slowing economic growth in the US, increasing geopolitical tensions, and rising fiscal deficits, a new report said on Wednesday.
This has led to…
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SEBI warns investors against ‘opinion trading platforms’, cites no legal protection
Mumbai: Capital markets regulator Securities and Exchange Board of India (SEBI) has issued a strong warning to the public against using opinion trading platforms, saying these platforms operate outside its regulatory oversight and offer no…
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Income Tax Department notifies ITR-1, ITR-4 forms for assessment year 2025-26
New Delhi: The Central Board of Direct Taxes (CBDT) has notified the income tax return forms ITR-1 and ITR-4 for the financial year 2024-25 and the assessment year 2025-26.
The returns for incomes earned during the financial year from…
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RBI approves executive committee to oversee IndusInd Bank operations
New Delhi: The Reserve Bank of India (RBI) has approved the constitution of an interim committee to oversee the operations of IndusInd Bank, which will discharge the duties, roles and responsibilities of the chief executive officer (CEO)…
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Indian stock market opens flat amid geo-political tensions
Mumbai: The domestic benchmark indices opened flat on Wednesday amid mixed global cues and geo-political tensions, as selling was seen in the PSU bank and financial service sectors in the early trade.
At around 9.32 am, Sensex was…
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