Wall Street opened the new week on a cautious positive note on Monday, with investors positioning themselves ahead of a heavy slate of economic data that could influence interest-rate expectations and market direction.In early trade, the S&P 500 rose 0.3%, while the Dow Jones Industrial Average gained about 150 points, or 0.3%. The Nasdaq Composite…
A fresh sweep against tax fraud has uncovered 489 bogus GST registrations in just six months, with forged PAN and Aadhaar details used to evade over Rs 3,000 crore in taxes, the government told Parliament on Monday, signalling a sharper focus on data-led enforcement, according to PTI.The latest detections, covering April to October, come even…
India is well placed to attract large-scale investments in data centres as the country faces no shortage of electricity and its national power grid is capable of meeting future demand surges, Union minister Piyush Goyal said on Monday, ANI reported.Addressing a press conference on the energy sector, Goyal said India’s integrated national grid of 500…
France’s last-minute opposition and mounting farmer protests are threatening to derail the European Union’s long-delayed free-trade agreement with South America’s Mercosur bloc, raising fresh doubts over whether the pact can be signed this year, AP reported.Angry European farmers, fearing cheaper agricultural imports and tougher competition, have taken to the streets in Brussels just as EU…
Finance Minister Nirmala Sitharaman on Monday cited India’s strong growth and sovereign rating upgrades to counter claims that the country was a “dead economy”, telling the Lok Sabha that such upgrades would not have been possible if the economy were weak, PTI reported.Responding to Opposition members who sought the government’s reaction to US President Donald…
MUMBAI: State Bank of India plans to double its mobile banking customer base to 20 crore over the next two years from the current 9.4 crore with the launch of Yono 2.0, chairman C S Setty said on Tuesday. To help customers transition to the new digital platform, the bank will expand its in-branch digital…
Indian-origin Congresswoman Pramila Jayapal criticised President Trump’s tariffs on Indian goods, saying they are raising prices for Americans and also pushing India closer to other global powers. In a post on X, Jayapal said, “Trump’s tariffs on India aren’t only raising prices for Americans — they are pushing India away as a trading ally and…
The government plans to incentivise states and districts to work closely with industry to identify and address local skill gaps, adopting a hyper-local approach to build a future-ready workforce, a senior official told PTI on Monday.Addressing the CII Smart Manufacturing Summit 2025, Secretary in the Ministry of Skill Development and Entrepreneurship Debashree Mukherjee said the…
The rupee on Monday weakened further to close at a fresh all-time low of 90.74 against the US dollar, after slipping as much as 90.80 during intra-day trade, amid lingering uncertainty over an India–US trade deal and continued foreign fund outflows, according to market participants.At the interbank foreign exchange market, the local currency opened at…
If you earn income beyond a fixed salary or have multiple income streams, December 15, 2025, is a tax deadline you cannot afford to overlook. Missing or underpaying advance tax does not trigger a one-time fine, but monthly interest penalties that continue to accumulate quietly until assessment.Under India’s “pay as you earn” framework, advance tax…
