Economy

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 April 1, 2024, to March 31, 2025, have to be filed using the new forms. A

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) of the bank for an interim period until a permanent CEO is appointed, the bank said on Wednesday.

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 was estimated at around Rs 4,000 crore on the auspicious day, according to the leading trade body.

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 renewed interest in gold as a safe investment option, especially as equity markets see corrections, as

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 protection to investors under securities laws. In an advisory, SEBI said that some online platforms, referred to as ‘opinion trading

New Delhi: In the wake of the mega unified payments interface (UPI) outage earlier this month, the National Payments Corporation of India (NPCI) has asked banks to ensure that all the API requests (traffic) sent to UPI is monitored and moderated in terms of appropriate usage. The relentless transaction status checks by banks resulted in

Mumbai: India’s gold demand surged past 800 tonnes in 2024, driven by a rise in jewellery consumption and increased investments in gold exchange traded funds (ETFs), according to a new report released on Tuesday. The report by Zerodha Fund House revealed that India was the world’s largest consumer of gold jewellery in 2024, with total

New Delhi: Gold has continued to shine bright for investors, delivering a return of over 30 per cent since last year’s Akshaya Tritiya, according to brokerage firm Ventura. As the festival approaches this Wednesday, the price of 24-carat gold has surged from Rs 73,240 per 10 grams in 2024 to nearly Rs 94,000-Rs 95,000 per

Mumbai: The Reserve Bank has decided to inject more liquidity into the banking system through the purchase of Government bonds for an aggregate amount of Rs 1.25 lakh crore in May. The move is also expected to prop up bond prices, which had declined due to a sell-off by foreign banks and primary dealers after

Mumbai: The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade. At around 9.25 am, Sensex was trading 409.4 points or 0.51 per cent up at 80,627.85 while the Nifty climbed 118.10 points or 0.49